Atw Venture Terminates Agreement With Tiomin For The Kenyan Projects

ATW Venture Terminates Agreement with Tiomin for the Kenyan Projects

TORONTO, ONTARIO--(CCNMatthews - Feb. 2, 2007) - Tiomin Resources Inc. ("Tiomin" or the "Company") announces it has been notified by ATW Venture Corporation ("ATW") that ATW will not execute the formal agreement to acquire an option to purchase up to a 50% interest in Tiomin's Kenyan mineral sand projects.

Tiomin believes in the unrecognized value of the Kwale project and will continue to review its strategic options regarding the potential future development of the project.