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Interests
Chu Molybdeum Project in British Columbia, Canada
Projects
Chu Molybdeum Project
Mineral Resource - Indicated
Is Producing?
No
Is NI 43-101 compliant?
Yes
Started drilling program
Year round
9,000,000
Molybdenum
Articles and Press Releases
Btv-Business Television Features Ttm Resources Inc. And Interviews President & Ceo Mr. Crichy Clarke
Direct contribution
| contributed by admin
- Mar 27
- TTM Resources Inc.
TTM Resources Inc. invites you to view a recent video interview with Mr. Crichy Clarke, Company President and CEO and Chu Molybdenum Project site visit by Business Television personnel. During the video Mr. Clarke discusses the Company's recent Chu Molybdenum Project Resource Estimation, the recently completed NI 43-101 Report on the Chu Project, the reports recommendations, and the prospects for the near and long term future of the Company.
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About TTM Resources Inc. TTM Resources Inc. is a Vancouver, British Columbia based Molybdenum Development and Exploration Company focused on the resource development of the Chu Molybdenum Project where the initial NI 43-101 Resource estimate is Indicated Resource - High Grade Mo of 57.1 Million Tonnes of .104% Mo (0.08% cutoff) as part of 235 Million Tonnes of 0.067% Mo (0.040% cutoff) and Inferred Resource - High Grade Mo of 44.4 Million Tonnes of 0.100 %( 0.08% cutoff) as part of 221.5 Million Tonnes of 0.063% Mo (0.04% Mo cutoff)
Currently there are two diamond drills operating on the CHU Project engaged in resource expansion and resource category upgrading activities. A third drill rig is being delivered once permitting is completed, to be used for exploratory drilling on other areas of interest. A NI 43-101 report and geophysical survey have been completed. Metallurgical testing and an economic pre feasibility study are underway.
About BTV-Business Television BTV, is a half-hour weekly business program, profiling emerging publicly trading companies across Canada and the USA. With Host Taylor Thoen, BTV features companies at their location, interviews the company's key executives, features their products and services, and unveils their plans for future growth.
TTM Resources Inc. invites you to listen to a recent video interview with Mr. Crichy Clarke, Company President and CEO, by Landon Letendre, of istrikeinvestments.com. During the live interview Mr. Clarke discusses the Company's recent Chu Molybdenum Project Resource Estimation, the recently completed NI 43-101 Report on the Chu Project, the reports recommendations and the prospects for the near and long term future of the Company.
The Company's new power point presentation is now available at http://www.ttmresources.ca/reports/TTM_2008_v01.pdf Slides 7- 15 represent 3D modeling of the resource, and where we drilled for the recently released resource estimate. The 3D modelig also shows areas of the Chu Project that will require further exploration and drilling.
TTM RESOURCES INC. RECEIVES NI 43-101 REPORT ON CHU MOLYBDEUM PROJECT TTM Resources Inc. is pleased to announce the filing of the NI 43-101 compliant report entitled "Report and Resource Estimation on the Chu Molybdenum Property" written by G.H. Giroux P.Eng MASc. and E. Ostensoe P.Geo. on its wholly owned Chu Property near Vanderhoof, BC. The Report describes methods employed to outline the previously announced Resource Estimate (see January 29, 2008 news release) The results are summarized below. Full NI 43-101 Report
" The Chu property has been explored by geochemical and geophysical surveys (results pending)) and by more than 24,654 metres of diamond drilling in more than 62 drill holes. This work has demonstrated the presence of a substantial body of molybdenite mineralization in an apparent modified "quartz veinlet stockwork" hosted by hornfelsed fine-grained sandstone and granodioritic intrusive rocks.
" The Report recommends the further expenditure of approximately eight million dollars including the Continuation drilling with the principal objective being to increase the drill hole density to enable upgrading of the classification of resources from "indicated" to "measured" and from "inferred" to "indicated", and to explore the continuation of the known zone to both the northwest and southeast, and to obtain additional materials for use in metallurgical studies.
" Commencement of a Preliminary Economic Assessment "scoping" study, preferably guided by a mining engineer, that will conceptualize the placement of an open pit or pits, and offer some forecasts of possible mining methods, capital costs, operating costs, markets for and marketability of products, environmental concerns, and social issues.
" Additional work beyond the recommended work program will be largely contingent upon a positive Preliminary Economic Assessment of the property. It may be timely to proceed with work leading to a Prefeasibility Study complete with environmental studies, mine and process plant design work, water, power and transportation options, marketing strategies, community involvement and so forth.
" Geophysical and geochemical technical surveys performed in the 2007 season will likely enable commencement of exploration in parts of the property other than the area currently being drilled.
W.K.Crichy Clarke, President and CEO states "We are extremely pleased that our group has been able to define this resource in a remarkably short time. The receipt of this Report signifies a change in direction for our Company. The conclusions and recommendations put forward by the Authors are already underway. We continue to drill, we have engaged Moose Mountain Technical Services to conduct our Preliminary Economic Assessment and we have arranged for a third drill from Falcon Drilling, to start in once permits are received to explore the anomalies indicated by our IP Survey. Our activity level at Chu will only increase. We are well financed to start the recommended phases of the Report." The Company will continue to update shareholders on drill results and corporate developments.
About TTM Resources Inc. TTM Resources Inc. is a Vancouver British Columbia based Molybdenum Development and Exploration Companyfocused on the resource development of the Chu Molybdenum Project and three other molybdenum properties in British Columbia, Canada.
The Company has in place a comprehensive quality assurance/quality control program including standards, blanks and duplicate samples that form part of the sampling protocol. In addition the laboratory has its own quality assurance program. The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101. The technical information provided in this press release was reviewed by Warren Robb, P.Geo., a qualified person for the purposes of NI 43-101.
Chu Molybdeum Project in British Columbia, Canada
