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Article: Titan Uranium Inc. Announces Border Block Project Summer 2009 Drilling Program.
- Article from:
- Marketwire Canada
- Article date:
- July 22, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SASKATOON, SASKATCHEWAN, Jul 22, 2009 (Marketwire via COMTEX) -- Titan Uranium Inc. ("Titan" or the "Company") (TSX VENTURE:TUE)(FRANKFURT:T4X), a North American generative explorer, is pleased to announce that the Company's Summer 2009 drilling program is underway on the Border Block project. The Border Block project is the subject of a Letter of Agreement between Titan and Japan Oil, Gas and Metals National Corporation (JOGMEC) wherein JOGMEC can earn a 50% undivided interest in the project by funding Cdn $6 million in exploration over four years (Titan Uranium Inc. PR, November 12, 2008). JOGMEC accelerated funding on the project by providing an additional $500,000 for ...