Titan's "Norgold" Assays Return Values of Over 90 g/t Au
2010-01-27 09:15 ET - News Release
TORONTO -- (MARKET WIRE) -- 01/27/10
Titan Resources International Inc. (PINKSHEETS: TNRI) (FRANKFURT: 36T1) -- is pleased to announce assay results from the company's most recent samples collected from the "Norgold" property.
The following values selected by the company represent the best of the assay results;
Management is extremely pleased with these results. Some of the values are close to bonanza grade so we can't wait to get back on the property and continue with our work.
Titan plans to exercise the next portion of the option agreement on the Norgold, which will see the company make the next option payment and continue exploration and development of the property.
The Norgold property consists of a total of 40 mining claim units covering just under 700 hectares of mineral and exploration rights. The claims are situated in the "Napanee Lake" area of the "Sault Ste. Marie mining district," northern Ontario, and sit adjacent to the "Sakoose" gold mine.
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 http://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.
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