TTM Chu Molybdenum Project Accepted by BC and Canadian Environmental Assessment Agencies



    
    2009 Drill Highlights
    W027 100 Meters of .102% Mo
    W024 8 Meters of .135% Mo

    SGS Lakefield Preliminary Metallurgical Results

    TSX-V Symbol:                     TTQ
    Frankfurt Stock Exchange Symbol:  T2U
    US Clearing Symbol:               TTMRF
    Issued and Outstanding            47,586,489
    

    VANCOUVER, May 5 /CNW/ - The Company is pleased to report that it has
received from the British Columbia Environmental Assessment Office (BCEAO) a
Section 10 Order for TTM Resources Inc.'s Chu Molybdenum Project located 85
kilometers south of Vanderhoof B.C. in the Omineca Mining Division.
    The Chu Molybdenum Project description was submitted by the company on
April 2, 2009 and received a Section 10 order from the BCEAO on May 1, 2009.
The Section 10 Order is recognition by the British Columbia Government that
the Chu Molybdenum Project is reviewable project under the Environmental
Reviewable Projects Legislation and will require an environmental assessment
certificate prior to obtaining mining permits.
    The project description for the company's Chu Molybdenum Project outlines
TTM's proposed open pit molybdenum mine at a production rate of 60,000 tonnes
per day for annual production of 21 million tonnes over a projected 31 year
mine life. At this projected mining rate the project would produce in excess
of 600 million pounds of molybdenum and in excess of 450 million pounds of
copper. The proposed project would also include 120 kilometers of electric
power transmission lines, an electric powered mill facility consisting of
crushing, grinding and conventional flotation concentration yielding a
molybdenite concentrate.
    The project description has now been accepted by the BC and Canadian
Environmental Assessment Agencies and the newly formed Federal Major Projects
Management Office. The three offices will now inform TTM which First Nations,
local Communities, Provincial and Federal Agencies and other affected
Stakeholders will form the Review Committee for the assessment.
    "This is a very important step in our continuing efforts to develop the
Chu Molybdenum Project into a productive, thirty year mine. We look forward to
working with the Review Committee and particularly the Town of Vanderhoof and
our First Nations Partners, to move towards that end." says Mr. Crichy Clarke
President and CEO of TTM Resources Inc.
    The project description can be viewed on the BCEAO website link
    http://a100.gov.bc.ca/appsdata/epic/html/deploy/epic_project_list_report.
html(numbersign)C

    2009 Drill Highlights

    TTM Resources Inc. is also pleased to release the results of four drill
holes completed on the West Zone earlier this spring. Three of these holes,
2009-CHU-W024 to W026 were designed as infill holes to be used in future
resource/reserve calculations with an emphasis on testing near surface,
higher-grade zones. The fourth hole, 2009-CHU-W027 was drilled oblique to the
strike of the deposit to test for high-grade mineralization associated with
northeast trending fault zones. Hole W027 was collared 60 meters south of hole
CHU-06-06, with a similar orientation.

    
    -------------------------------------------------------------------------
    Drill Hole      Azimuth    dip    From (m)     To (m)  Width (m)     Mo%
    -------------------------------------------------------------------------
    2009-CHU-W024                      124.05     200.24      76.19    0.072
    -------------------------------------------------------------------------
    and including                      133.19     172.81      39.62    0.093
    -------------------------------------------------------------------------
    2009-CHU-W024                      454.70     462.36       7.66    0.135
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    2009-CHU-W025                       84.43     108.40      23.97    0.073
    -------------------------------------------------------------------------
    2009-CHU-W025                      171.98     200.28      28.30    0.099
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    2009-CHU-W026                       17.37     418.00     400.63    0.042
    -------------------------------------------------------------------------
    including                          230.00     273.39      43.39    0.086
    -------------------------------------------------------------------------
    and including                      235.12     265.00      29.88    0.096
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    2009-CHU-W027                       10.67     778.83     768.16    0.053
    -------------------------------------------------------------------------
    including                           22.86      71.62      48.76    0.073
    -------------------------------------------------------------------------
    including                          384.37     659.86     275.49    0.073
    -------------------------------------------------------------------------
    and including                      559.28     659.86     100.58    0.102
    -------------------------------------------------------------------------
    (*) Full results are posted on the Company website
    

    After spring break-up the Company intends to drill up to 3,000 meters in
a 12 hole program, designed to continue testing near surface, high-grade
mineralization at the West Zone. Some of these holes will in-fill gaps between
reported sections, while the bulk of the drilling will test a thick
quartz-feldspar-porphyry dyke that has yielded high-grade values at depth and
has not been tested near surface. If the initial near surface testing of the
dyke is successful, the program will be expanded to test downdip extensions.
All 2009 drilling will be incorporated into a revised Resource/Reserve Report
to be released later this year.
    "We continue to expand our resource within the confines of the pit design
laid out by our Engineers. Our focus to expand the near surface resource in
the West Pit Area, continues to justify our early production plans. We
continue to be impressed with our results at depth in the West Area." says Mr.
Clarke.

    Metallurgical Results

    The company is pleased to report results from metallurgical testing
conducted on drill core samples from its 100% owned Chu Molybdenum Project
located 85 kilometers south of Vanderhoof B.C.
    The emphasis of the testing was to maximize the recovery of molybdenite
into a marketable concentrate while maximizing the rejection of pyrite and
chalcopyrite. Test F20 recovered 75.8% Mo into a concentrate grading 51.5% Mo,
thus achieving the desired goal of producing a molybdenum concentrate of
greater than 50% from slightly lower than average grade material.
    TTM has now prepared four additional composites from drill core assay
rejects at an average grade of 0.06% Mo to reflect the average grade and to
reflect the various lithologies within which the mineralization is contained.
These composites have been sent to SGS Lakefield to examine the universality
of the F20 test parameters and to investigate additional optimization
parameters. In addition to the metallurgical testing these new composites will
be subjected to acid generation potential (ABA) studies.
    The technical content of this metallurgical summary has been prepared by
Gary Hawthorne (P.Eng.), an independent qualified person as defined by NI
43-101.
    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.) and Wesley Raven (P.Geo.), who are both
qualified persons for the purposes of NI 43-101.

    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 and three other molybdenum properties in British
Columbia, Canada.
    For further information visit the Company's web site at
www.ttmresources.ca

    
    TTM RE

SOURCES INC. "Crichy Clarke" -------------------- W.K. Crichy Clarke President & CEO This communication to shareholders and the public contains certain forward-looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitations statements regarding future production, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

For further information:

For further information: Main: W.K. Crichy Clarke, President & CEO, Tom
Brady, (604) 685-1144 or Toll Free: (888) 685-1144, Fax: (604) 685-9887,
Website: www.ttmresources.ca, Email: ir@ttmresources.ca

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