TTM Resources Inc. - Molybdenum interval in hole 07-17 - 0.075 % mo over 264.1 meters including 0.108% mo over 86.0 meters

    TSX-V Symbol TTQ
    Frankfurt Stock Exchange Symbol T2U
    United States Clearing Symbol TTMRF
    Shares Issued and Outstanding 36,399,501

    VANCOUVER, Aug. 3 /CNW/ - W. K. Crichy Clarke, President and CEO of TTM
Resources Inc. ("TTM" or the "Company") announces assay results for an
additional two diamond drill holes from the Phase 2 drill program at its 100%
owned Chu Molybdenum Project 65 Km Southwest of Vanderhoof, British Columbia,
Canada. The current results demonstrate vertical and lateral continuity of the
molybdenum-rich stockwork at Chu.
    CHU 07-17 and CHU 07-18 were drilled on Section 2+10 East to investigate
the 140 meter gap between the adjacent drill profiles. Drill hole 07-17
returned 264.1 meters grading 0.075% Mo from 272.1 to 537.5 meters including
higher grade intervals of 86 meters grading 0.108% Mo and 44.5 meters grading
0.123% Mo.
    07-18 was drilled from the same set up as 07-17 but at a steeper angle
and returned an interval of 408.4 meters grading 0.06% Mo including intervals
of 28.8 meters grading 0.074 % Mo, 37.8 meters grading 0.09 % Mo, 22.9 meters
grading 0.098 % Mo, and 96.3 meters grading .082% Mo with the hole ending in
strong molybdenite mineralization. True widths are estimated at about 80% and
70% of reported intervals for 07-17 and 07-18 respectively.
    Drill Hole 07-19 is nearing completion and has targeted the high grade
zone in previously reported drill hole CHU 06-06 which encountered a
north-south trending mineralized sub-vertical structure (0.309% Mo over 19.3
meters within a longer interval of 0.117% Mo over 254 meters). This fault may
represent a "feeder" structure for the northwest-southeast trending stockwork
Mo-zone. Feeder structures were also encountered in previously reported CHU
06-13 located approximately 750 meters to the southeast as evidenced by
mineralized faults (0.16% Mo over 18 meters and 0.162% Mo over 37 meters
within a longer interval of 0.096% Mo over 383 meters) observed in this hole.
These north-south structures have strong surface soil geochemical expressions
in excess of 1 kilometer and appear to have the effect of increasing the grade
within the stockwork zone where they intersect its known two kilometer strike
    There are currently two core drills on the CHU property both of which
will be operational once the drill contractor provides a second crew.
    Copper is generally present in a 1 to 1 ratio with Molybdenum in drill
holes from the CHU property. A Drill Plan map is provided on the Company's
website at
    Analyses of samples from the current program are completed at Eco-Tech
Laboratories in Kamloops, BC. Quoted intercepts are based on analytical
analyses for copper and 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.

    Ms. Anastasia Ledwon appointed to Chief Operating Officer

    TTM's Board of Directors is also pleased to announce the appointment of
Ms. Anastasia Ledwon as the Company's Chief Operating Officer. Ms Ledwon will
be responsible for all permits, reports, and Government communication. Her
duties will also include Chu and Terrace Project camp organisation and
operations. Her addition will allow management to concentrate more time on
investor and institutional awareness. We are very pleased to have Ms. Ledwon
on our team.

    Terrace Project Update

    The Company is also pleased to announce the completion of the airborne
component of our Terrace Project program. The data is being compiled and
further information will be released once it has been reviewed by the
Company's geologists.

    About TTM Resources Inc.

    TTM Resources Inc. is an exploration company focused on the development
of the Chu molybdenum project and has several other molybdenum properties in
British Columbia, Canada.
    For further information visit the Company's web site at

    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: Contact: Main, W.K. Crichy Clarke, President &
CEO, Tom Brady, (604) 685-5851 or Toll Free: (888) 685-5851, Fax: (604)
685-7349, Website:, Email:; Europe, Small Cap
Invest Ltd, Alexander Friedrich, 49 (0) 69-24 24 93 49, 49 (0) 12 12 544 71 04
62, Email:

Organization Profile

TTM Resources Inc.

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890