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TNRI Titan Resources International Corporation (CE)

0.00001
0.00 (0.00%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Titan Resources International Corporation (CE) USOTC:TNRI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00001 0.00 01:00:00

Titan Commences 2011 Exploration Program on Its Dinty Moore Property

29/04/2011 2:00pm

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Titan Resources International Corp. (PINKSHEETS: TNRI) (FRANKFURT: 36T1) is pleased to announce that the 2011 surface exploration program will commence on their Silver bearing property in British Columbia, Canada. The program is intended to run over the whole exploration season and will consist of two phases. Phase 1 will include prospect scale geological mapping, various sampling methods and data compilation. Upon its completion the company will initialize Phase 2, which will introduce more advanced exploration techniques which will give the company more detailed information on previously identified anomalies.

In Phase 1 Titan will be conducting an extensive soil sampling on the property. The sampling will be following main mineralization sources outlined by the previously conducted airborne survey. Apart from this scientific and technical data defined program, we will perform sampling on the remainder of the property. Samples will be collected in proximity to existing and past silver-lead-zinc producers. Recent work in the area indicated that exploration programs such as stream sediment sampling have the potential to discover occurrences of precious metal bearing veins. Once the work has been completed in Phase 1, we will be able to evaluate potential extensions of the main mineralized trend and possibly identify additional showings on the property prior to core drilling which is scheduled for Phase 2.

The Second Phase will include an exploration program specifically designed to expose the mineralization veins and further delineate targets for an initial drilling program which the company is in the early stages of planning. As drilling is a complex process that involves not only the extensive exploration work but as well a substantial amount of preparation, the company will use information from previously collected data as well as await the additional confirmation concerning further exploration targets prior to commencing this work. All exploration work on the property will be conducted under the supervision of a Qualified Person with respect to National Instrument 43-101.

CEO and President Bill Akrivos stated, "We are encouraged by the exploration results provided by the recent airborne survey, as such we are progressing as planned with the preliminary work required to undertake the next phase of exploration on our newly acquired properties under the recommendations and guidance of our Qualified Person."

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. 416-477-1028 Website: http://www.titan-resource.com

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