Titan Resources International Corp. Announces LOI to Purchase Additional Mining Claim in British Columbia
21 3월 2011 - 10:15PM
Marketwired
Titan Resources International Corp. (PINKSHEETS: TNRI) (FRANKFURT:
36T1) is pleased to announce that as part of the company's plan to
expand both its portfolio of projects as well as its presence in
British Columbia through the implementation of a low-cost
growth-oriented development strategy, Titan Resources International
has decided to negotiate the purchase of another mining claim in
the Slocan area.
The new claim is in close proximity to the company's Dinty Moore
Property, with an excellent history and great potential for Titan
and its shareholders. Commented Titan CEO Bill Akrivos, "This is an
excellent opportunity for Titan but further due diligence is
required before we complete this transaction. However the data we
have received thus far concerning the property is very promising
and therefore we are currently evaluating the potential exploration
work plan with our geologists. I am confident that from what has
been presented to me thus far, there should be no problems in
coming to terms on this transaction. We will fully update our
shareholders in the very near future with the details of our new
property once we have inked the deal and are able to disclose
details."
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 Corp. (647) 933-5043
Website: http://www.titan-resource.com
Titan Resources (CE) (USOTC:TNRI)
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