SOURCE: Titan Resources International Inc.

April 30, 2007 09:03 ET

Titan Reports on Progress of Phase One Development

TORONTO -- (MARKET WIRE) -- April 30, 2007 --Titan Resources International Inc. (PINKSHEETS: TNRI) today announces that the final proposals for the planned "Phase One" development plan, for work on the jointly owned SCR property have now been received.

The candidate who in management's opinion delivers a results driven proposal, using the existing historical data combined with utilization of the most appropriate geophysical surveying technology, suitable for the unique geology and history of the SCR property, will be awarded the contract. A decision will be made shortly.

Additionally the company will start an assessment project of the tailings and development rock piles. Systematic test work and bulk sampling of the tailings and development rock piles is planned as a possible immediate cash flow opportunity in the development of the TITAN/SCR property. This assessment work will commence in mid May 2007.

TITAN Resources International will endeavor to provide in a timely manner, updates on the progress of the various sampling, testing, and surveying completed for the development of the TITAN/SCR property.

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 Information

  • Contact:

    Jeff Hunter
    CEO
    Titan Resources International Inc.
    (866) 905 0418
    Email Contact