Titan Uranium’s vision is to be a leading mid-tier North-American uranium exploration, development and mining company. Our mission is to create shareholder value by advancing quality projects to production.
Our growth strategy is driven by three elements:
- Development: A Preliminary Feasibility Study has been completed at the Sheep Mountain Uranium Project, Wyoming. The deposit contains an NI 43-101 compliant Probable Reserve of 14.2 million pounds of U3O8 (6.4 million tons at 0.111% eU3O8). The study shows a pre-tax NPV of $101 million, with an IRR of 25%. A January 20, 2011 update of the resource increased the compliant Indicated Resource to 30.4 million pounds (13.8 million tons averaging 0.110% eU3O8).
- Exploration: The goal is to discover world class uranium deposits by exploring over 1.5M acres of land in the proven Athabasca and prospective Thelon Basins. Exploration programs are also active in Utah and Wyoming.
- Consolidation: The company is actively pursuing M & A opportunities and focused on uranium-friendly jurisdictions such as Saskatchewan and Wyoming.
Titan has gained market recognition for its ability to attract strategic partners to participate in the exploration of its properties. Japan Oil, Gas and Metals National Corporation and Mega Uranium Ltd. are partners in current exploration programs managed by Titan.
Titan is well-financed and ideally positioned to emerge as a pre-eminent player in the uranium industry. |
