Four Corners 2011 Exploration Program Adds New Potential

Four Corners 2011 Exploration Program adds new potential to an emerging

Iron Ore – Titanium – Vanadium Resource

Four Corners Mining Corporation (FCMC) a wholly owned subsidiary of Triple Nine Resources Ltd. (TNR) and operator of TNR’s 100% owned Four Corners Project is pleased to report highly encouraging results from the early phases of the 2011 work program.

This year’s exploration program operated from the newly expanded base camp on the Burgeo Highway is focused on drill testing a 2 km section of the more than 6 km long mineralized zone outlined in 2009 and 2010.

The first hole in the current program, FC-11-01, drilled at a dip of 82° to a core depth of 602 metres (1975 ft), has intersected mineralization to the end of the hole at a vertical depth of 590 metres or 1935 ft.  Company CEO and Chairman Len Muise states this early drill result is very significant as it triples the vertical depth of the mineralization from the 650 ft established during last year’s drilling.  Mr. Muise adds FC-11-01 was drilled to the maximum penetration depth of the Longyear 38 Drill Rig contracted for the project and was stopped in massive magnetite (iron ore) – ilmenite (titanium) mineralization.  (The drill casing was left in the hole to enable deepening this hole at a later date).  This drill result further substantiates the potential for much deeper mineralization also inferred from last year’s Airborne Surveying.

A second hole FC-11-02 now being drilled at a flatter dip of 50° from the same drill collar site will provide a good cross sectional view along grid line 17N.  The drilling program is designed to outline a 43-101 compliant, inferred resource with cross section drilling planned from Line 17N along the trend of the zone to Line 38 N, representing 2.1 kms of strike length.  This program, which will test approximately one-third of the total indicated strike length of the highly magnetic mineralized zone, is based on the recommendations from an independent consultant.

A detailed log of hole FC-11-01 shows there is a distinct increase in sulphide mineralization estimated up to 7-8% within the deeper layers of magnetite and ilmenite. The sulphide mineralization displays net textures, typical of orthomagmatic, sulphide mineralization and also occurs as small pods and lenses.  Platinum Group Elements (PGE’s) are commonly associated with sulphide enrichments in this type of mineralized setting and samples from these deeper layers will also be analyzed for PGE’s, nickel, copper and cobalt.

FCMC has also received the preliminary data from the helicopter borne AEM survey completed in late June by Geotech Ltd. of Aurora Ontario.  This data confirms the extension of the highly magnetic zone west of the 2010 AEM survey coverage and has also identified a second distinct and separate zone of highly magnetic responses.  Once the final report and maps are received both of these newly identified magnetic zones will be targeted for follow-up ground truthing surveys to identify new drill targets.

As part of the exploration work the company is shipping by air transport a 70 kg sample for metallurgical testing by ALS Ammtec Metallurgy of Balcatta, Australia.  With the recognition of the significant iron ore – titanium – vanadium mineralization at the Four Corners Project, independent mining consultants are recommending that the company is now at the stage to carry out metallurgical testing for determining the milling of the 3 metals contained at Four Corners.

The company is also pleased to report the appointments of Ms. Kathryn Windeler, B.Sc as Senior Project Geologist for the Four Corners Project and Mr. Gary Norman, M.A. as Operations Manager.  Ms. Windeler a graduate of emorial University of St. John’s, NL worked with the Iron Ore Company of Canada on an Iron Ore drilling project in Labrador.  Mr. Norman, also a graduate of Memorial, has extensive experience in the logistical planning and management of resource project infrastructure throughout northern Canada.

The Triple Nine Resources website (www.triplenineresources.com) will be updated to display the current activities and renewal of exploration.  The modified and expanded base camp on the Burgeo Highway includes a newly  constructed core storage and logging facility for processing and sampling of the Four Corners drill core.

Industry consultant, Victor A. French, P.Geo., Vice President of Exploration for Triple Nine / Four Corners and a qualified person as defined by National Instrument 43-101 reviewed the scientific and technical information contained in this news release.