Toronto, Canada. February 2, 2007. Tiomin Resources Inc. ("Tiomin" orthe "Company") (TSX: TIO) announces it has been notified by ATW VentureCorporation ("ATW") that ATW will not execute the formal agreement toacquire an option to purchase up to a 50% interest in Tiomin's Kenyanmineral sand projects. Tiomin believes in the unrecognized value of the Kwale project and willcontinue to review its strategic options regarding the potential futuredevelopment of the project. For further information, please contact Tiomin at (416) 350-3776Jean-Charles Potvin, Chairman, ext. 227, or Laurie Gaborit, InvestorRelations, ext. 222 (lgaborit@tiomin.com). Visit the Company's websiteat www.tiomin.com. Certain of the information contained in this news release constitute"forward-looking statements" within the meaning of the PrivateSecurities Litigation Reform Act of 1995. Such forward-lookingstatements, including but not limited to those respect to the prices ofrutile, zircon, ilmenite, estimated future production, estimated costsof future production and the Company's sales policy, involve known andunknown risks, uncertainties and other factors which may cause theactual results, performance or achievements of the Company to bematerially different from any forecast results, performance orachievements expressed or implied by such forward-looking statements. Such factors include, among others, the actual prices of rutile, zirconand ilmenite, the actual results of current exploration, developmentand mining activities, changes in project parameters as plans continueto be evaluated, as well as those factors disclosed in the Company'sdocuments filed from time to time with the Ontario SecuritiesCommission.
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