Titan Resources International Corp. Signs LOI for Silver Property in British Columbia, Canada
18 11월 2010 - 10:10PM
Marketwired
Titan Resources International Corp. (PINKSHEETS: TNRI) (FRANKFURT:
36T1) -- Titan Resources is pleased to announce that it has entered
into an (LOI) Letter of Intent to purchase an interest in a
prosperous mining property whereby Titan Resources International
Corp. would obtain the exclusive right to perform exploration work
on the silver bearing property located in BC, Canada.
"We are very pleased about our business decision," said CEO of
Titan Bill Akrivos, "We have been targeting similar kinds of
properties for a long time; the property is based in a well-known
and historical mining area in British Columbia, Canada. We are now
in the process of doing our due diligence on this property and
management feels that we will come to a conclusion within the next
couple of weeks, and update the public accordingly."
This project together with our existing Norgold project is part
of the company's strategic, immediate and long-term goals to build
a precious minerals company with a portfolio of projects.
About Titan Resources International Corp.:
Titan Resources International Corp. 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. 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: Titan Resources International Inc. (716) 626-3035
Website: http://www.titan-resource.com
Titan Resources (CE) (USOTC:TNRI)
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