SOURCE: Titan Resources International

November 18, 2010 08:10 ET

Titan Resources International Corp. Signs LOI for Silver Property in British Columbia, Canada

TORONTO--(Marketwire - November 18, 2010) - Titan Resources International Corp. (PINKSHEETS: TNRI) (FRANKFURT: 36T1) -- Titan Resources is pleased to announce that it has entered into an (LOI) Letter of Intent to purchase an interest in a prosperous mining property whereby Titan Resources International Corp. would obtain the exclusive right to perform exploration work on the silver bearing property located in BC, Canada.

"We are very pleased about our business decision," said CEO of Titan Bill Akrivos, "We have been targeting similar kinds of properties for a long time; the property is based in a well-known and historical mining area in British Columbia, Canada. We are now in the process of doing our due diligence on this property and management feels that we will come to a conclusion within the next couple of weeks, and update the public accordingly."

This project together with our existing Norgold project is part of the company's strategic, immediate and long-term goals to build a precious minerals company with a portfolio of projects.

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 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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