European Electric Metals Inc (fka EVXXF)

[b4atf]

FN finally!

October 29, 2012
Albanian Ministry of Economy, Trade and Energy Issues Order to Grant All Six Mining Exploitation Licenses to Tirex Resources Ltd.
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Transition into mine production in six separate areas of the Mirdita VMS District planned

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Copper, gold, zinc, silver production to commence with initial emphasis on copper and gold

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Tirex has invested more than USD $25 million into Mirdita to date


VANCOUVER, BC - Tirex Resources Ltd.(TSXV:TXX)(OTCQX:TIRXF) ("Tirex" or the "Company") is very pleased to announce that it has received official notification from Albania's Ministry of Economy, Trade and Energy ("METE") relating to its applications to transition six specific areas in the Mirdita VMS District from exploration licenses into 25 year exploitation (mining) licenses.

METE has ruled, in respect of Tirex application numbers LC-9817-08-2011, LC-9820-08-2011, LC-9822-08-2011, LC-9818-2011, LC-9821-2011 and LC-9819-08-2011 which encompass the deposits known as Fushe Arrez, Qafe Bari, Tuc, Paluce, Gurth 1 and Gurth 2 (Central Gurthi and Koshaj), Gurth 3 and Letitna (South Gurthi and Letitna), to immediately effect the conversion of the exploration licenses to exploitation licenses.