Titan Resources International Corp. Enters Into Negotiation to Buy Out the Collected Airborne Survey Data
22 12월 2010 - 3:17AM
Marketwired
Titan Resources International Corp. (PINKSHEETS: TNRI) (FRANKFURT:
36T1) is pleased to announce the beginning of the negotiation
process to buy out part of the collected data from the company
which conducted a detailed airborne geophysical survey in the
surrounding region during the May 2010.
As a part of company's plan to implement a low-cost,
growth-oriented development strategy, Titan Resources International
decided to negotiate the purchase of already collected data on the
property. Airborne survey is an ideal set of information that we
will be able to work on and provides us a considerable amount of
data to quite accurately assess the property and plan any follow up
work for the spring 2011.
Upon completion of negotiations, acquired data will be further
analyzed and interpreted by the prominent geophysical consultant
company. Information about the interpretation progress will be
followed by regular updates as we move forward.
"I am very convinced that the information from this geophysical
survey will give precise information about our future exploration
targets, significantly speed up the whole exploration process and
cut down the company's exploration expenses. A full interpretation
of collected data will definitely enhance our knowledge about the
property and give us additional useful guidelines for further
property development," said Bill Akrivos, CEO.
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. (647) 933-5043
Website: http://www.titan-resource.com
Titan Resources (CE) (USOTC:TNRI)
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