EMERGING AS A LEADER IN URANIUM EXPLORATION

Founded in 2005, Titan Uranium has rapidly negotiated the transition from aspiring newcomer to acknowledged consolidator through a series of timely land acquisitions complemented by the assembly of a first rate technical team.

Today, with 1.3 million acres in Saskatchewan’s Athabasca Basin, Titan is one of the major landholders in the world’s most productive uranium region, and the only company holding claims in all six favourable conductive corridors.  Responsible for nearly one third of the world’s uranium supply, the basin is experiencing an exploration boom led by the commodity’s major producers.  This includes Cameco Corporation and AREVA Resources Canada, the discoverer of the Shea Creek deposits adjacent to Titan’s Castle property.

Titan also holds 165,000 acres in the prospective Thelon Basin of Nunavut, a northern analogue of the Athabasca Basin. Identical in most key geological aspects, the Thelon is known to host significant concentrations of uranium mineralization, including AREVA’s 131 million pound U3O8 Kiggavik project (Nunavut Mining Mineral Exploration and Geoscience Overview, 2006).
 
The Partnerships and Capital for Aggressive Growth

With the successful completion of a $9 million financing in March 2007, and strategic alliances with Dejour Enterprises (TSX-V: DJE) and Mega Uranium (TSX: MGA), Titan has the technical expertise and financial capital to embrace the aggressive timeline required for success in uranium exploration.

The company’s exploration includes a $6.5 million work program on six key Athabasca Basin properties to be completed in Q3 2007, and a $2.5 million drilling program on seven target areas in the Thelon Basin that will commence in Q2 2007 as part of the Mega option agreement.