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marketwire

Titan Resources Provides Corporate Update

  • Press Release
  • Source: Titan Resources International Inc.
  • On 9:15 am EST, Thursday January 22, 2009

TORONTO--(MARKET WIRE)--Jan 22, 2009 -- Titan Resources International Inc. (Other OTC:TNRI.PK - News) (Frankfurt:36T1.F - News)

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To Our Shareholders:

Titan Resources International is pleased to provide an update on its project and corporate operations to date and its plans for 2009.

We are aware of the strain these economic changes can take on a company and its investors and we look forward to utilizing our experience and expertise to get through this difficult time. In the best interest of its shareholders, the Company intends to explore its projects to their fullest potential to realize their greatest value in the best timelines with consideration to the current economic conditions. The price of gold has remained quite strong and we believe in the fundamentals.

"NORGOLD" property:

The company recently completed its 2008 exploration program that included line cutting, grid plotting, and geophysical testing of the prospective areas, which confirmed the existence, and location of the conductive zone on the property. The company also completed a moderate rock and soil sampling program from along the conductive zone. These zones provide the Company with exciting future exploration targets with great economic possibilities to expand its resource base. The Company looks forward to exploring the entire project to its fullest potential.

A report of results is currently under review and results will be released once prepared.

Although the junior resource exploration sector, and small-cap mining sector have just been through their worst and most precipitous decline in modern history, many metals analysts believe the worst is likely behind us. The Company is confident in the value of its assets and remains positive in its outlook for 2009.

Titan will continue its path as an active exploration company, and will concentrate on acquiring and developing properties that offer the greatest potential in an effort to increase shareholder value.

Yours truly,

Rowensie Felicilda,

President

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:

     Contact:
INVESTOR RELATIONS
Titan Resources International Inc.
(866) 365-4724
Website: http://www.titan-resource.com
 

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