TORONTO--(MARKET WIRE)--Jan 21, 2009 -- Titan Resources International Inc. (Other OTC:TNRI.PK - News) (Frankfurt:36T1.F - News) updates progress.
Titan would like to update shareholders on the recently completed exploration program on the company's "Norgold" property located just outside of Dryden in Northern Ontario, Canada.
The work was completed in early December and achieved all objectives as set out by the company in the previous release.
The plan to further identify and isolate the conductive zone was achieved with the addition of several more lines of geophysics, along the existing conductive zone. These additional lines to the grid increased the size of the original area tested, and enabled the company to fully identify, on a preliminary basis, the entirety of the zone that is expected to be the focus of the next stage of exploration.
The program also included the collection of surface rock samples from the zone, as well as further prospecting of the area in and around the conductive areas.
The samples were sent to a qualified lab for analysis. The lab has informed the company that there was a 6-week delay on all samples submitted for analysis. Titan anticipates receiving the results any time within the next two weeks.
Once these results are in, Major Management Exploration Services will complete the report detailing and mapping any and all findings of the program, along with any future recommendations.
Titan will provide theses results to shareholders as soon as they are available.
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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