Titan Resources Provides Corporate Update
22 1월 2009 - 11:15PM
Marketwired
Titan Resources International Inc. (PINKSHEETS: TNRI) (FRANKFURT:
36T1)
To Our Shareholders:
Titan Resources International is pleased to provide an update on
its project and corporate operations to date and its plans for
2009.
We are aware of the strain these economic changes can take on a
company and its investors and we look forward to utilizing our
experience and expertise to get through this difficult time. In the
best interest of its shareholders, the Company intends to explore
its projects to their fullest potential to realize their greatest
value in the best timelines with consideration to the current
economic conditions. The price of gold has remained quite strong
and we believe in the fundamentals.
"NORGOLD" property:
The company recently completed its 2008 exploration program that
included line cutting, grid plotting, and geophysical testing of
the prospective areas, which confirmed the existence, and location
of the conductive zone on the property. The company also completed
a moderate rock and soil sampling program from along the conductive
zone. These zones provide the Company with exciting future
exploration targets with great economic possibilities to expand its
resource base. The Company looks forward to exploring the entire
project to its fullest potential.
A report of results is currently under review and results will
be released once prepared.
Although the junior resource exploration sector, and small-cap
mining sector have just been through their worst and most
precipitous decline in modern history, many metals analysts believe
the worst is likely behind us. The Company is confident in the
value of its assets and remains positive in its outlook for
2009.
Titan will continue its path as an active exploration company,
and will concentrate on acquiring and developing properties that
offer the greatest potential in an effort to increase shareholder
value.
Yours truly,
Rowensie Felicilda,
President
About Titan:
Titan Resources International Inc. is a publicly traded resource
exploration company dedicated to the acquisition, exploration and
development of small to medium size precious metals properties of
exceptional merit in North and South America. Please visit our
company web site at www.titan-resource.com.
This news release contains forward-looking statements.
Forward-looking statements are statements which relate to future
events. In some cases, you can identify forward-looking statements
by terminology such as "may," "should," "expects," "plans,"
"anticipates," "believes," "estimates," "predicts," "potential" or
"continue" or the negative of these terms or other comparable
terminology. These statements are only predictions and involve
known and unknown risks, uncertainties and other factors that may
cause our or our industry's actual results, levels of activity,
performance or achievements to be materially different from any
future results, levels of activity, performance or achievements
expressed or implied by these forward-looking statements. While
these forward-looking statements, and any assumptions upon which
they are based, are made in good faith and reflect our current
judgment regarding the direction of our business, actual results
will almost always vary, sometimes materially, from any estimates,
predictions, projections, assumptions or other future performance
suggested herein.
Contact: INVESTOR RELATIONS Titan Resources International Inc.
(866) 365-4724 Website: http://www.titan-resource.com
Titan Resources (CE) (USOTC:TNRI)
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