REE Results from Kirrin's Grevet Property Include 20% TREO

Kirrin Resources Inc. (TSX VENTURE:KYM) today announced analytical results from
the second round of sampling at its Grevet REE property in northwestern Quebec.
These include 20% total rare earth oxides (TREO), comprising almost 100% LREO
(see Note 1), in a grab sample from a carbonatite dykelet. This is a re-sampling
of a 2010 location which returned 14% TREO. An additional four samples from
other showings within the Grevet property assayed greater than 10% TREO and 14
samples ran between 1.0% and 10% TREO. These REE grades confirm the
prospectivity of the Grevet REE property to host REE-bearing carbonatite
deposits.


Commenting on the results, Kirrin President and CEO Derek Moran said: "We are
gaining a better understanding of REE prospectivity at Grevet. Sampling shows
that elevated REE in carbonatite exists throughout the property. We find this
particularly encouraging in the context of the recessive nature of large
carbonatite occurrences. It is also important to note Grevet's attraction in
relation to infrastructure: there is a Provincial road providing direct access,
a CN railroad line transecting the property, and power available 25 km southwest
at Lebel-sur-Quevillon." 


Kirrin completed an intense prospecting program between May 10 and July 14,
2011. Twenty-three new carbonatite showings were discovered during the program
and at least 103 carbonatite showings which were identified during the 2010
program were re-visited to gather additional information. Ninety-two rock
samples, comprising 56 diamond saw-cut channel samples, 30 chip samples and 6
grab samples, were collected. 


Soil sampling comprised 85 sites that were sampled for both Ah soil horizon and
MMI samples along 5 selected lines across the inferred carbonatite body. As
well, magnetometer surveying was completed over two areas, totalling 11 line-km,
one of which corresponds to the area of the inferred carbonatite. Finally,
Kirrin also completed a 3.2 line-km reconnaissance gravity survey with stations
spaced at 25 m intervals on 3 lines across the area of the inferred carbonatite.



The results from the 2011 program are being interpreted and the conclusions
drawn will be published when available. Kirrin will integrate all new
exploration and other geological data, including the geophysical interpretation
of the ground magnetic and gravity data, with the overall intent being to refine
target selection and define a specific follow-up program of work, including
preliminary drill testing, in 2012. Kirrin anticipates its consultants will
recommend drilling within the Grevet REE property, focusing especially on
larger, but blind or recessive, REE-bearing carbonatites.


Note 1: LREO = the sum of lanthanum (La2O3), cerium (Ce2O3), praseodymium
(Pr2O3), neodymium (Nd2O3) and samarium (Sm2O3) oxide analytical results.


Quality Control: The 2011 exploration was carried out by Discovery Consultants'
personnel under the supervision of William Gilmour B.Sc., P.Geo. and all samples
were delivered to Actlabs, Val d'Or, QC for preparation and analysis. The
samples were analyzed utilizing an inductively coupled plasma mass spectrometer.
The digestion technique was total digestion that employed a lithium
metaborate/tetraborate fusion. 


Kirrin is earning a 100% interest in the Grevet REE property by spending
$1,850,000 on exploration and making payments of $20,000 over four years. Kirrin
recently extended its land interests and may earn a 100% interest in the Grevet
Extension property by spending $250,000 on exploration and making payments of
$25,000 over four years. The property now consists of 86 claims totalling 2,024
ha. 


William Gilmour B.Sc., P.Geo. is the designated Qualified Person for Kirrin and
has reviewed the contents of this news release. 


Additional information relating to Kirrin is available on Kirrin's web site at
www.kirrinresources.com and on SEDAR at www.sedar.com. 


Kirrin is a Canadian green energy company that explores for rare earth elements
and uranium. In addition to its exploration activities, Kirrin seeks to enhance
its capitalization and the quality of its portfolio by utilising its
management's broad industry and international experience in the identification
of suitable rare earth elements and uranium companies and green energy assets
for acquisition, merger, strategic partnership or joint venture. Its strategy is
well defined: enhancing shareholder value by combining technical expertise,
corporate development skills and professional management. Kirrin's shares trade
on the TSX Venture Exchange under the symbol KYM.


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Forward-looking information: Except for statements of historical fact, all
statements in this news release including, without limitation, future plans and
objectives of the Company are forward-looking statements which involve risks and
uncertainties. Specifically, this news release contains forward-looking
statements concerning the review, interpretation and availability of technical
data as part of a continuing exploration program. There can be no assurance that
such statements will prove to be accurate; actual results and future events
could differ materially from those expressed or implied by such forward-looking
information and undue reliance should not be placed on it. The anticipated time
frame for data availability and the constituents of the planned programs assumes
the availability of personnel and equipment from third parties and that the
Company will continue to allocate sufficient priority to this work relative to
its finite cash resources for its overall exploration activity. In each case the
risk factors that could cause actual results to vary from results expressed or
implied by the forward-looking statements contained in this news release are
primarily events beyond Kirrin's control. These forward-looking statements are
made as of the date hereof and except as required by applicable securities
legislation, the Company undertakes no obligation to publically update or revise
forward-looking information, whether as a result of new information, future
events or otherwise.