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TNRI NEWS
Titan Resources to Acquire Gold Property
TORONTO--(Marketwire - January 12, 2010) - Titan Resources International Inc. (PINKSHEETS: TNRI) (FRANKFURT: 36T1) is pleased to announce that the company has signed a Letter of Intent to acquire the group of claims and mineral rights known as the "Coopers" property, located in Val-d'or Quebec, Canada.
The Coopers gold property:
The claims are located in the Carpet Township in the Val D'Or region of Northern Quebec. The six contiguous claims total approximately 400 hectares.
Val-d'Or or "Valley of Gold" is well known for its history of gold mining and base metals, specifically copper, zinc and lead.
The agreement is for a term of three years and requires Titan to make annual option payments to the current owner, as well as incur certain exploration expenditures.
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
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