Titan Resources to Acquire Gold Property
12 1월 2010 - 11:00PM
Marketwired
Titan Resources International Inc. (PINKSHEETS: TNRI) (FRANKFURT:
36T1) is pleased to announce that the company has signed a Letter
of Intent to acquire the group of claims and mineral rights known
as the "Coopers" property, located in Val-d'or Quebec, Canada.
The Coopers gold property:
The claims are located in the Carpet Township in the Val D'Or
region of Northern Quebec. The six contiguous claims total
approximately 400 hectares.
Val-d'Or or "Valley of Gold" is well known for its history of
gold mining and base metals, specifically copper, zinc and
lead.
The agreement is for a term of three years and requires Titan to
make annual option payments to the current owner, as well as incur
certain exploration expenditures.
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 website 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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