TIEX - Concludes drilling for 2011 on Gold Creek and Viewland projects, British Columbia, Canada

KELOWNA, BC, Dec. 21, 2011 /CNW/ - Tiex Inc. ("Tiex" or the "Company") (TSX-V: TIX), further to its December 1^st, 2011 news release, is pleased to announce that its 2011 drilling campaign has concluded on the Gold Creek and Viewland projects. The Gold Creek and Viewland projects, located within the Quesnel Terrane of central British Columbia, represent bulk-tonnage, sedimentary-hosted gold and porphyry copper-gold targets, respectively. Currently only about 5% of the samples collected and sent for assay from the 2011 drilling have been reported on by the laboratory. Tiex expects to have all the assay result back and its QA/QC check program completed in January, 2012.

Tiex Inc. President & CEO Ken Faulkner states, "Having completed the first round of diamond and reverse-circulation drilling on the projects, I look forward to receiving assays results and geological interpretation. Initial assays from Gold Creek contain anomalous gold concentrations and initial assays from Viewland contain anomalous copper concentrations with abundant pyrite and chalcopyrite in cuttings of diorite to monzodiorite - good indications that we are in a porphyry system. We are very encouraged by these initial drilling results; however we require more results to make a more definitive statement on the geological potential on Gold Creek and Viewland. Over the short term we expect this to take shape as more assays results are disclosed to us."

Gold Creek
Gold Creek drilling totalled 2530.4 metres in 2011, Diamond Drilling ("DD") was used for 1037 metres, two twined holes from previous drill programs and three new locations to test selected drill targets. The remaining 1,493.4 metres were drilled using Reverse-Circulation Drilling ("RC").  These two methods were intended to improve rock recovery in intensely faulted zones which are known to contain gold mineralization.  Methodical diamond drilling proved to be very successful in recovering core from highly friable fault zones and initial assay results show that these intensely carbonate-altered fault zones contain gold.

Viewland
In the Viewland porphyry Cu-Au target area, a total of 1,043.9 metres from seven widely spaced reconnaissance RC drilling was completed.  The RC drill holes tested a 200 x 1400 metre area that is underlain by a magnetic high, chargeability high and highly anomalous copper in soils.  This area has only one known outcropping of rock which consists of propyllitically altered and pyritic diorite to monzodiorite containing several quartz-chalcopyrite veins.  Examination of RC drill cuttings and the first few assays returned to date, suggests the area is underlain by a potentially extensive diorite to monzonite stock in an area that contains abundant pyrite with local zones of chalcopyrite and anomalous copper (>500 ppm Cu).  Several porphyry targets within this stock remain to be drill-tested in 2012, but Tiex is very encouraged by these initial results and hopes to prove the existence of an extensive porphyry copper-gold mineralized system through further drilling in 2012.

Stephen Wetherup, B.Sc., P.Geo. is the Qualified Person as defined by National Instrument 43-101 and is responsible for the technical information provided in this release.

About Tiex Inc:
Tiex Inc. is a TSX Venture listed mineral exploration company focused on the exploration of its 95,559 ha Cariboo Region properties, including the 16,180 ha Bullion Property which is under an earn-in option/joint venture agreement with Newmont Canada Corporation as announced in the Company's April 27, 2011 news release. The properties are located in the prolific Quesnel Terrane of central British Columbia, Canada and are accessible by highway and logging roads year round. For more information, you can visit the company's website at: www.tiexinc.com.

ON BEHALF OF THE BOARD OF DIRECTORS,

"Kenneth D. Faulkner"
President & CEO

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.