KELOWNA, BC, July 25 /EMWNews/ - Tiex Inc. (the "Company")

TSX-V: TIX, Mr. Ernie Bergvinson, president, of TIEX INC. announces

commencement of diamond drilling at its Gold Creek property in the Likely

area of the Cariboo mining district, British Columbia. The target area

occurs in the Bullion Gold Corp. mineral tenures that were acquired as part

of the Company's recent Qualifying Transaction. They comprise 20 contiguous

claims encompassing 7,135 hectares along the Quesnel metallogenic belt. The

historic mining district has been rejuvenated in recent years following the

discovery at nearby Spanish Mountain by Skygold Ventures Ltd. of

gold-bearing zones hosted in argillites, black phyllites and wackes of

Middle Triassic age.



    TIEX INC. recently completed a $2,000,000 financing with funds received

to be directed to exploration of the Company's Cariboo area properties that

comprise a total of 260,307 hectares. The Gold Creek diamond drilling

program is being managed by Dan Cardinal, P.Geo., project manager and

Qualified Person. A contract for 6,500 metres of core drilling has been

signed with Hardrock Diamond Drilling Ltd. of Naramata, B.C. to provide a

new, track-mounted drill equipped with HQ-size tools. Drill core will be

logged at the Company's facility in Likely, B.C. and core will be split and

sampled by a diamond saw. As part of quality control and quality assurance,

blanks, standards and duplicates will be inserted in the sampling

procedure. Samples will be shipped to Acme Analytical Laboratories Ltd. of

Vancouver, B.C.



    The 43-101 qualified person for Tiex's projects is Dan Cardinal,

P.Geo., Project Manager, for all of the Company's projects in the Cariboo

district and has verified the contents of this news release.



    On Behalf of the Board of Directors,



    Ernest Bergvinson, President & CEO



    This news release contains certain statements that may be deemed

"forward-looking statements". All statements in this release, other than

statements of historical fact, that address future production, reserve

potential, exploration drilling, exploitation activities and events or

developments that the Company expects to occur, are forward looking

statements. Forward looking statements are statements that are not

historical facts and are generally, but not always, identified by the words

"expects", "plans", "anticipates", "believes", "intends", "estimates",

"projects", "potential" and similar expressions, or that events or

conditions "will", "would", "may", "could" or "should" occur. Information

inferred from the interpretation of drilling results and information

concerning mineral resource estimates may also be deemed to be forward

looking statements, as it constitutes a prediction of what might be found

to be present when and if a project is actually developed. Although the

Company believes the expectations expressed in such forward-looking

statements are based on reasonable assumptions, such statements are not

guarantees of future performance and actual results may differ materially

from those in the forward-looking statements. Factors that could cause the

actual results to differ materially from those in forward-looking

statements include market prices, exploitation and exploration successes,

and continued availability of capital and financing, and general economic,

market or business conditions. Investors are cautioned that any such

statements are not guarantees of future performance and actual results or

developments may differ materially from those projected in the

forward-looking statements. Forward looking statements are based on the

beliefs, estimates and opinions of the Company's management on the date the

statements are made. The Company undertakes no obligation to update these

forward-looking statements in the event that management's beliefs,

estimates or opinions, or other factors, should change. For further

information investors should review the Company's filings that are

available at http://www.sedar.com or contact Ernest Bergvinson, President at (250)

869-1607.



    The TSX Venture Exchange does not accept responsibility for the

adequacy



    or accuracy of this News Release.