Therma-Med Inc. Updates on Exploration Work on Its Prolific Silver Property in B.C.
Published: Jun 20, 2011
TORONTO--(Marketwire - June 20, 2011) - Therma-Med, Inc. (PINKSHEETS: THRA) ("the Company") is pleased to announce that it has compiled all the historical data and relevant information necessary to implement a successful field exploration program.
The field exploration program is specifically designed to test and reconfirm the areas of anomalous Silver response identified by the previous exploration programs in that region. James Atkinson P.GEO will be performing the field work for us, complies with National Instruments 43-101 Standards will also be compiling the geological reports that will benefit Titan Resources and help establish a solid base for further property development. This will make our exploration work more effective and cost-efficient without compromising investor protection.
The Company Director, Zajay Trujillo, stated, "Our B.C. property is highly prospective for polymetallic Ag-Pb-Zn manto and/or vein style mineralization. Previously released reports that targeted the property and the surrounding area have defined Silver values mostly in the 20 ounces per ton region thus some of the samples resulted in quite spectacular silver values (up to 80 ounces/MT). We are very excited to be undertaking these concrete steps in getting our exploration program underway. We are confident that the work we are doing will thoroughly confirm old findings and possibly contour new discoveries of mineralization. Our company is well aware that geological structures known as a possible bearer of silver are present on the property and that the historically defined numbers could easily be turned into present facts resulting in a successful mining operation.
"Presently, the goal we expect to reach is to have this 'exploration phase' completed by the end of summer which will be an important component in advancing the project and reconfirming the Silver content on the property. It is imperative we stay focused, and on target of our company goals in order to advance Titan to the next level of exploration. This will ensure our growth, stability and shareholder confidence," concluded The Company's Director Zajay Trujillo.
We will update our shareholders in the near future, please visit our new website at www.therma-medinc.com
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Therma-Med, Inc. with members of its management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.