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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 |
The successful survey was conducted by Aeroquest International Limited. Aeroquest is a worldwide leader in the field of geophysical surveying. The company applies a best-in-class service resulting in precision mapping of the earth's surface and the economic concentrations of minerals and petroleum below the earth's surface. Aeroquest's 150 employees have performed these surveys on every continent in the world in which explorations activities exist today. The electromagnetic & magnetic survey was conducted by using Aeroquest's proprietary AeroTEM III (Mike) time domain helicopter electromagnetic system. AeroTEM has become the system of choice for mineral exploration, because of its compact footprint, multiple axis receiver coils, and on-time measurement capability. The system has been used successfully for copper (Cu), gold (Au), nickel-copper-platinum group metals (Ni-Cu-PGMs), poly-metallic sulphide (Cu-Pb-Zn) and kimberlites (Diamonds) exploration programs.
"The purpose of this survey has given us the ability to analyze the data and to define priority exploration and potential drilling targets. We are very pleased with the initial results," said Bill Akrivos, Chief Executive Officer of Titan Resources.
Mr. Akrivos continued, "We are now in the process of securing a Geophysical Consulting company. The company that we have identified has a highly qualified management and technical team with broad worldwide experience and extensive experience in the region of Titan's exploration prospects. We have established a verbal agreement on all contract conditions and I believe that we will receive their contract over the next several days. We are excited to have the opportunity to accelerate our exploration program as potential exploration targets can be spotted directly off the properly interpreted airborne results. All technical and graphic data we have received will be shortly updated on our web site."
Akrivos concluded by saying, "We are right now at an important point of our company's development. Titan will move ahead with its plans to fully utilize survey results, plan the next phase of exploration and get ready for additional work on the property. Any progress will be followed by adequate shareholder updates."
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
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