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Hot-Pepper
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Titan Resources Completes Additional Work on Norgold Property; Assay Results PendingFont size: A | A | A8:15 AM ET 1/11/10 | Marketwire
Titan Resources International Inc. (PINKSHEETS: TNRI) (FRANKFURT: 36T1) has recently completed their latest rock sample collection program on the "Norgold" prospective gold property. The samples have been sent to a qualified assaying lab in Saskatoon to be tested for gold and base metals content. Assays results are pending.

The "Norgold" property is a prospective gold property consisting of 40 mining claims, which cover approximately 700 hectares in the "Napanee Lake" area of the Sault Ste. Marie mining district, in Northern Ontario, Canada.

The Napanee Lake area is well known for its excellent gold exploration potential, the area home to over fifty (50) known gold showings.

In a recent report published by the Ontario Geological Society, "2009 Exploration Potential; Ontario, Napanee Lake," numerous references are made indicating the geology in the area to be one of the best known, and most favorable ones for exploration for gold in Ontario. The area currently has about 30 separate exploration companies exploring for gold in the region.

Titan has continued with the exploration and development of the property through ongoing prospecting, geophysics, and rock sampling, all undertaken in and around the old mine workings where the known gold showings occur.

Assay results will be released as soon as the company receives them.

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


SOURCE: Titan Resources International Inc.

http://www.titan-resource.com

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Hot-Pepper
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Did anyone find the above news release useful ? Although it's still too early today, so far it's been buy buy and the volume has started to move up again today.
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Hot-Pepper
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Will watch this one.
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Hot-Pepper
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The asking $$ is 0.0003.
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Hot-Pepper
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There is a sell order that just came in. the biding $$ is 0.0002.
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Hot-Pepper
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the volume is now 33,341,132 still buy buy buy
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Hot-Pepper
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Do your own due diligence before playing this canadian gold. As they say, "all that glitter in no gold". But the risk maybe worth taking.
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beacher
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Titan Resources International Corp. Provides Corporate Update and Work Program Recommendations for the "Norgold" Property
Titan Resources International Corporation Common Stock (USOTC:TNRI)
Intraday Stock Chart
Today : Monday 15 November 2010
Titan Resources International Inc. (PINKSHEETS: TNRI) (FRANKFURT: 36T1) -- As President and CEO of Titan Resources International Corp., I am pleased to provide an update to our shareholders and the larger investing public regarding the Company's accomplishments to date and the progress made over the recent months.
Titan conducted a reconnaissance geological mapping of a portion of the Norgold property which is located near the historic Gold Rock Mining Camp, about 140 kilometers south of the town of Dryden. The program ran in the summer of 2010, and gave the company a full and detailed analysis of the Norgold property, with a glimpse into the potential of the property, as well as direction as to the next step in the exploration of the property.
A line cutting and VLF survey was conducted by Major Management Exploration Services (MMES) in February 2009. The results were interpreted by the latest report, which also focused on mapping and sampling of the Norgold property from June 1st to June 3rd and covered 2.2 kilometers of proposed grid lines; a total of 11 samples were taken for analysis. The report is of the opinion that "geophysical surveying should be completed over the entire proposed grid during the fall and winter months. The exact positioning and orientation of the grid zones should be determined, upon receipt of all relevant data, in order to test the possibility that the zones of exploration interest may strike both northeast, as well as northerly." Titan had previously decided not to renew their contract with MMES and have engaged the services of another Geological Service company.
After review, Titan has decided not to proceed with its intent to acquire the group of claims and mineral rights known as the "Coopers" property, located in Val-d'or Quebec, Canada, however the company is currently reviewing similar opportunities and will keep shareholders abreast of ongoing developments. Please visit the company web site as additional information and updates will be posted continuously over the next few weeks.
Organizationally, Titan has accepted the resignation of former president Rownesie Felicilda, who will continue on with the company as a director. Titan would like to thank Mrs. Felicilda for her contributions to the company. Mr. Bill Akrivos takes over as the new president. Mr. Akrivos has over five years experience dealing with various mineral, oil and gas exploration companies and programs and is an ideal candidate to direct the company through the next phase of development.
I would like to take this opportunity to thank the staff of Titan Resources International Corp. for their hard work and dedicated service; to our shareholders for their loyal support and patience; and to our directors and officers who have maintained a strong belief and focus in what we are trying to accomplish. We look forward to a prosperous 2010-11 as we continue to explore and develop our properties and implement strategies to increase shareholder value.
About Titan Resources International Corp.
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. 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 Inc.

(716) 626-3035

Website: http://www.titan-resource.com

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beacher
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Awesome gain so far today must check it out Woohoo
Posts: 364 | Registered: Mar 2010  |  IP: Logged | Report this post to a Moderator
   

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