TTM RESOURCES INC.
TTM Resources Inc. is a Vancouver, British Columbia, Canada based publicly trading resource exploration and development company, focused on three molybdenum assets in British Columbia: the Chu Project, the Terrace Project, and the Deeker Creek Project. Exploration programs for 2010 will concentrate mainly on the Chu Project where a NI 43-101 Report shows Measured plus Indicated Resource totals of 370 million tonnes at a grade of 0.059% Mo and 0.035% Cu (482.2 million lbs of molybdenum, 286.1 million lbs copper). To date the drilling on the Chu Project has outlined mineralization extending over 1.7 kilometers long, over 650 meters deep, and 400 meters wide. The deposit remains open to depth. The discovery is located 75 kilometers from Thompson Creek Metals’ (one of the world’s largest, publicly traded pure molybdenum producers) Endako Mine. Assay results indicate that the deposit would have a low stripping ratio as the mineralization extends to near surface. TTM plans to advance the project to the Pre-Feasibility stage in early fall 2010.
