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Titan Resources Releases "Norgold" Assay Results 9:15a ET February 10, 2009 (Market Wire) Titan Resources International Inc. (PINKSHEETS: TNRI) (FRANKFURT: 36T1) -- The company has recently completed its 2008 exploration program on the "Norgold" property located in the Napanee Lake area of the Sault Ste. Marie mining division of Northern Ontario, Canada.
The 2008 exploration program on the property included line cutting and the plotting of the grid off of which the geophysical testing of the prospective zone, as well as the grab sample program was performed from, along the known occurrences. Major Management Exploration Services (MMES) performed all work.
A total of eight grab samples were collected, with the results listed below;
Sample # Au Au1 ppb ppb 87350 12 na 87349 10 na 87348 8 na 87347 na 16 87346 20 na 87345 26 na 87344 20 na 87331 500 530
The program was successful in the confirmation of the existence and location of the conductive zone as well as the presence of gold mineralization. Major Management Exploration Services can now complete the full written report detailing and mapping all of the findings of the 2008 programs, along with their recommendations for the upcoming spring program.
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.
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Pink sheets dont do after hours trading those are called t-trades that took place earlier and just were put through at the eod. .0003's were getting hit hard and now only 2 mm's left. All time high volume i expect this to pop real soon especially if company puts out a loi.
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Sorry guys for posting here too but just saying thanks to gumzsan on the pink sheet after hours trading info. in regards to SKYF. I'm just learning and appreciate the insite.
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spring is here. Pretty soon it will be time for work digging.
This one caught my eye a couple months ago. asking .0001 now. And has been bouncing to .0002 every once in a while. I imagine this spring should bring the gold mining, and the money. This could break .0003 and maybe more.
I read somewhere that these guys are fairly new to mining. Which made me a little skeptical for a minute. Out of the 4 test samples they did last year, 1 was a good one. Gold was in all 4 though.
I know that a mine can be profitable at 1 OZ of gold/Ton of material. That before gold hit the highs, now days. Gold NOW DAYS is around 900 bucks/OZ! A side note... I also read that a ton (2000lb) of solid pure gold. Is only 14.2" x 14.2" x 14.2" cubed!!! To me, thats amazing (if it's true, lol) But it is one of the most dense substances on earth. Thats fact.
Anyways. It doesnt take much gold to make an OZ. Get the dynamite. The backhoes,and bulldozers. Filling up dump trucks, and sending it to the refinery. CHECK PLEASE!!!
This is still a ways off I imagine. I heard of further testing going on this spring. But I tell you what. If I were them. I would be in a BIG hurry to get me some of that $900/OZ gold.
Spring is here. I would guess digging by summer??? They hit a decent lode. And many millions will be made.
I still havnt bought into this myself. But I'm considering 1,000,000. when they hit some .0001s again. Just sit on it, and see what happens.
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