TTM Resources Inc. - High grade molybdenum in hole 07-19 - 0.127 % Mo over 380.8 meters including 0.209% Mo over 74.1 meters



    TSX-V Symbol: TTQ
    Frankfurt Stock Exchange Symbol: T2U

    VANCOUVER, Aug. 22 /CNW/ - W. K. Crichy Clarke, President and CEO of TTM
Resources Inc. ("TTM" or the "Company") is extremely pleased to announce
partial assay results for drill hole CHU 07-19 from the Phase 2 drill program
at its 100% owned Chu Molybdenum Project 65 Km Southwest of Vanderhoof,
British Columbia, Canada.
    Original drilling on the property was designed to test the previously
recognized north-west trending structure. It is now felt that at least two and
possibly more north east trending structures intersect the deposit and may
have a significant influence on mineralization. More recent drilling has been
designed to investigate the influence of these structures.
    CHU 07-19 was collared 50 meters north of previously reported CHU 06-06
which returned 254 meters grading 0.117% Mo including 0.309% Mo over 19.3
meters. CHU 07-19 was drilled at an azimuth of 270 degrees to test the
north-south trending structures encountered in CHU 06-06. CHU 07-19 initially
encountered lower grade Mo-mineralization in hanging wall rocks and then
entered the main stockwork zone at 201 meters. It intersected the structure at
245 meters some 100 meters below the intersection in CHU 06-06 and continued
in high grade Mo mineralization to 594.6 meters, the assayed length of the
hole so far. Assays are pending for an additional 170 meters of core form this
hole. Good results are expected as the hole was still well mineralized beyond
594.6 meters.

    
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               SignificantDrill Assay Results CHU 07-19

                From     To    Interval  Grade  Comment
               Meters  Meters   Meters    %Mo

                 1.5   213.9    212.4    0.043  Hanging wall rocks
               213.9   594.6    380.7    0.127  Mo-Qtz Stockwork
    including  425.5   542.9    117.4    0.175  Mo-Qtz Stockwork
    including  425.5   499.6     74.1    0.209  Mo-Qtz Stockwork
    Hole in strong Mo mineralization at 594.6m
    -----------------------------------------------------------------
    

    CHU 07-20 is complete and pending assays and 07-21 is in progress. Both
of these holes tested the feeder structures further south of 07-19. A second
drill rig is on the CHU property and when its crew arrives it will be used to
test the feeder structures where they cross the main stockwork zone where CHU
06-13 encountered 384 meters grading 0.096% Mo some 750 meters to the
southeast of the current drilling area.
    The immediate object of the current Phase 2 program is to define
sufficient tonnages of high grade near surface Mo mineralization in hot the
07-19 and 07-13 areas, which could be considered as open pit material.
    Falcon Drilling has informed the Company a 2nd drill crew will be
arriving at the property within two weeks. The Company is expanding its camp
pending their arrival and the arrival of the IP Survey crew. The IP survey is
expected to start in the middle of September.
    The Company is also pleased to announce the addition of three new claim
blocks totaling 500 hectares contiguous with its existing seven claims on the
Chu Project. The Company plans to explore this additional ground this fall.
    A Drill Plan map is provided on the Company's website at
http://www.ttmresources.ca/img/chu/explore_map.pdf

    Terrace Update

    The Company is in receipt of the initial interpretation of the Air
Magnetics Survey from its 100% owned Terrace Project and is currently
reviewing the information. Soil sampling and mapping is planned for September.
    Analyses of samples from the current program are completed at Eco-Tech
Laboratories in Kamloops, BC. Quoted intercepts are based on analytical
analyses for molybdenum. Full assays for molybdenum were run on any molybdenum
analyses that exceeded 500ppm. 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 field program is
supervised by Richard Beck, BSc.Geology, and Anastasia Ledwon, BSc Geology, of
Hungry Hill Geological Ltd. of Telkwa BC. 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 Charles Ikona
(P.Eng.), a qualified person for the purposes of NI 43-101.

    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) 685-5851 or Toll Free: (888) 685-5851, Fax: (604) 685-7349,
Website: www.ttmresources.ca, Email: ir@urg.ca; Europe, Small Cap Invest Ltd,
Alexander Friedrich, 49 (0) 69-24 24 93 49, 49 (0) 12 12 544 71 04 62, Email:
afriedrich@small-cap-invest.com

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