Green River North

The Green River North project (Titan 100% interest) comprises 10 lode mining claims covering 207 acres/83 ha, in Utah’s San Raphael mining district, some 100 miles from the Shootaring Canyon Mill. The project is located in Emery County, Utah.

The property hosts approximately half of the Deep Gold uranium deposit which is fully drilled out. Plans for this property will include drilling to validate the old data and resource estimation studies.

Green River South

Titan has an option to earn up to an 85% interest in the Green River South project. The property comprises 582 mining claims, covering 11,989 acres/4850 ha, plus 5 state mining leases covering some 3,257 acres/1318 ha, in Utah’s San Raphael mining district. The project is located in Emery County, Utah.  The property includes the Sahara Mine, which is a previous producer.

The project was optioned by Titan from the Uranium Group LLC, and is located approximately 90 miles by paved road from Uranium One’s Shootaring Canyon uranium mill.

Recent exploration work on the property has included airborne geophysics.  An airborne geophysical survey was conducted by Fugro Airborne Surveys Corp, using the GEOTEM system.  The survey consisted of 1236 line kilometres of flying.  The purpose of the survey was to better define paleochannels interpreted from regional mapping.  It is believed that these channels host significant uranium mineralization on the project lands, such as that found in the Sahara deposit.

A 10,000-foot drill program was initiated in early October, 2009 to test targets identified by the airborne survey.

Two monitor wells were drilled in 2007 in the area of the old Sahara Mine for a total of 1020 feet.  Monitor Well #1 (TD = 520 ft) intersected 3.0 ft at an average grade of 0.409% eU3O8, including 1.0 ft at 0.852% eU3O8.  Monitor Well #2 (TD = 500 ft) intersected 1.5 ft at an average grade of 0.158% eU3O8.   The grades are reported as equivalent uranium (eU3O8) as determined by downhole logging equipment. The logging service was provided by Strata Data, based in Casper, WY, using industry standard logging technology