
| Stock Information | |
| Last: | 0.09 |
| Change: | +0.015/(+20.00%) |
| Volume: | 40000 |
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| Mar 09, 2010 Time 1:44pm | |

TIEX INC. (TSX-V: TIX), is a mineral exploration & development company actively engaged in the acquisition and exploration of mineral properties. Tiex Inc. is entering into a new era with its continued exploration in the historical Cariboo mining district in Central British Columbia. The company now controls a large Mineral Land Package in the area with an area of approximately 135,993.60 hectares. The Tiex Inc.'s exploration model in the Cariboo mining district is based on the Sediment Hosted Vein (SHV) gold deposits and shear zone guided, volcanic tuff hosted vein deposit (The model defining its Gold Creek Discovery). Tiex Inc Mineral Tenures cover most of the Undivided Sedimentary Unit of Nicola group (Mesozoic) which lies along the "Quesnel Trough" geological formations. This terrane is also perspective for volcanoclastic hosted hydrothermal gold vein systems and porphyry deposits.
TIEX Inc. properties are located in one of the most active mineral exploration areas of British Columbia, with more than 20 properties being actively explored. The exploration in the area has been aided by exploration surveys that have preparatory staged the mining for Gold.
Recent and ongoing exploration developments of the company's properties under supervision of its professional geologist, has now advanced to exploration drilling phase on some targets. These targets have been defined using ground geophysics, surface sampling, using the advanced MMI techniques and geological prospecting and interpretations. Part of the Gold Creek phase #1 drilling program is complete and the results have been released in the January 9, 2009 Press Release.
The Company's principal objective is to create shareholder wealth through the discovery and development of mineral deposits. The exploration plan to meet this objective is currently focussed on gold targets in the historical Quesnel trough. The assessment of a range of mineral commodities located within the existing properties has been initiated in the 2008 exploration season.
