SOURCE: Titan Resources International Inc.

December 17, 2010 08:00 ET

Titan Resources International Corp. Enters Into Option Agreement for Silver Property in British Columbia, Canada

TORONTO--(Marketwire - December 17, 2010) - Titan Resources International Corp. (PINKSHEETS: TNRI) (FRANKFURT: 36T1) -- Titan Resources is pleased to announce that the Company has signed a Mining Option Agreement for a silver bearing property located in BC, Canada.

"We are pleased that the outcome of our negotiation process resulted with a contract that secures 66% of interest on a viable mining property situated in a well known and historically proven mining area," said CEO of Titan Bill Akrivos.

The Property is geographically well positioned in an area with numerous past producers, historic mineral showings and current operating mines in the Slocan Area of BC, Canada, half way in between Zincton and Retallack, an abandoned mining community 18 kilometers northeast of New Denver. Present Road structure in this region is providing a good access to the property and to the smelting facilities located nearby.

This area had a small scale mining remained viable for many years because of the richness of the ores. In the Slocan City area, more than half of the 125 occurrences were mineral producers -- 13 mines have produced more than 1 million grams of silver.

The property is strategically located approximately 500 meters along strike from a well known showing called the "Horse Shoe Vein" which has been explored in the past, thus still shows a great exploration potential. The silver mineralization in the area is related to quartz, carbonate veins that strike northwesterly and cut the sedimentary units in the area. Recent work in the area has indicated that the economically viable mineralization may be continuous onto the optioned property.

"A very good strategic and geographic location of the property is one of the important factors which will allow us to implement our property development plan quickly, without any time and efforts spent on establishing access to the property. Extensive exploration work on the property will begin immediately and will be followed by regular updates as we move forward. We feel that this agreement is very important for Titan's exploration plans. It provides a solid base for a comprehensive exploration on this well located and highly prospective property, while allowing the Company to maintain exploration focus on the Norgold property. Further property development should enhance the company's transformation into a company with a respectful portfolio of projects with low-cost, growth-oriented development strategy," said CEO of Titan Bill Akrivos.

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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