SOURCE: Titan Resources International Inc.

March 21, 2011 09:15 ET

Titan Resources International Corp. Announces LOI to Purchase Additional Mining Claim in British Columbia

TORONTO--(Marketwire - March 21, 2011) - Titan Resources International Corp. (PINKSHEETS: TNRI) (FRANKFURT: 36T1) is pleased to announce that as part of the company's plan to expand both its portfolio of projects as well as its presence in British Columbia through the implementation of a low-cost growth-oriented development strategy, Titan Resources International has decided to negotiate the purchase of another mining claim in the Slocan area.

The new claim is in close proximity to the company's Dinty Moore Property, with an excellent history and great potential for Titan and its shareholders. Commented Titan CEO Bill Akrivos, "This is an excellent opportunity for Titan but further due diligence is required before we complete this transaction. However the data we have received thus far concerning the property is very promising and therefore we are currently evaluating the potential exploration work plan with our geologists. I am confident that from what has been presented to me thus far, there should be no problems in coming to terms on this transaction. We will fully update our shareholders in the very near future with the details of our new property once we have inked the deal and are able to disclose details."

About Titan Resources International Corp.:

Titan Resources International Corp. 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

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