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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 Releases Information From the Company's Recently Completed 2008 Exploration Program and Written Report on the "Norgold" Pr

20/03/2009 10:00am

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Titan Resources International Inc. (PINKSHEETS: TNRI) (FRANKFURT: 36T1) -- The Norgold property is a prospective gold property and consists of 40 mining claims covering approximately 700 hectares, located in the Napanee Lake area of the Sault Ste. Marie mining division of Northern Ontario, Canada; an area that is well known for its favorable geology for hosting gold mineralization.

The 2008 exploration program included line cutting, the establishing of a working grid, and the subsequent geophysical testing of the prospective zones.

The 2008 program was successful in the confirmation of the existence and location of the conductive zone (geophysics) as well as the presence of gold mineralization (sample assays).

The program also included a moderate rock and soil sampling program, from along the conductive zone. Results of the sample assays have been previously released.

Titan will continue with the exploration of the property by completing additional ground geophysics, and collecting a much larger number of samples from the mineralized zones, possibly by way of trench sampling, as well as further prospecting of the area in and around the old mine workings.

Also recommended by the report is the consideration, for the next stage of exploration, that Titan retain the services of a Geologist to act as the "Qualified Person," under the guise of the National Instrument 43 101 (NI 43 101) to assist with the reconciliation of the existing information, as well as involvement in the next stage exploration on the Norgold property, moving the project closer to feasibility.

These steps and the additional work planned, summarize the recommendations proposed to complete the exploration phase on the Norgold property, prior to drilling.

About Titan:

Titan Resources International Inc. 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 in North and South America. Please visit our company web site 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: INVESTOR RELATIONS Titan Resources International Inc. (866) 365-4724 Website: http://www.titan-resource.com

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