Titan Resources International Corp. Announces Company Update
19 10월 2011 - 10:00PM
Marketwired
Titan Resources International Corp. (PINKSHEETS: TNRI) (FRANKFURT:
36T1) is pleased to announce a project update for its mining
property in B.C., Canada.
Exploration plans were successfully completed on schedule during
the third Quarter this year. Titan will be providing the final
detailed information from the lab results on the submitted sample
material once it has been received.
The objective of the present work program was to outline the
most cost effective and efficient route needed to move the project
forward to the next developmental phase and to satisfy work
requirements of the option agreement. This allows the company to
create a better understanding on the area's geological structure
and establish guidelines for further exploration on other targeted
areas located within the borders of the project.
CEO and President Bill Akrivos stated, "The report will be done
by a qualified geologist and will be compliant to standards
outlined in National Instrument 43-101. We expect the report to be
completed this quarter and will be disclosed when available.
Currently, we are in negotiations for the next phase of this
exploration program. We also intend on expanding our project area
in the Slocan region and we are constantly assessing other
acquisition opportunities that fit into our exploration criteria.
The Slocan region is well known for its Silver deposits with
numerous areas of highly anomalous geology. With the implementation
of modern exploration techniques, we anticipate discovery of brand
new mineralization deposits. Rest assured, we are diligently
working to successfully steer the company towards the acquisition
of projects that would be pivotal to the growth and future of both
the company and shareholders."
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 Information Titan Resources International Corp.
416-477-1028 Website: http://www.titan-resource.com
Titan Resources (CE) (USOTC:TNRI)
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Titan Resources (CE) (USOTC:TNRI)
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