TUE Titan Uranium Inc.

Titan Uranium Inc (TSX VENTURE:TUE)(FRANKFURT:T4X) is pleased to announce that
it has commenced a prefeasibility study on the Sheep Mountain uranium deposit in
Fremont County, Wyoming. Titan recently acquired 100% ownership of the mine
(Titan Uranium Inc. PR: October 1, 2009).


The study, which is expected to take about six months to complete, will include:

- Completion of a uranium resource evaluation and modeling of the potential open
pit and underground mining areas; 


- Development of a preliminary underground mine and reclamation plan; 

- Development of an open pit mine and reclamation plan; 

- Development of a conceptual plan for heap leach extraction; and 

- Completion of a NI 43-101 compliant resource report (update of underground
resources and original estimate for open pit). 


The Sheep Mountain project hosts an NI 43-101 compliant Inferred Resource of
15.6 million pounds of U3O8. The mine is a past-producer of uranium and the
prefeasibility study will provide the necessary documentation required to amend
the present mine permit.


BRS Inc. of Riverton, Wyoming has been contracted to conduct the study. BRS Inc.
is a Professional Engineering Corporation, which has provided consulting
services for more than twenty years in geology, civil engineering, water
resources, mining, and mined land reclamation, including all aspects of
environmental permitting, design and construction management. The president and
principal engineer/geologist of BRS, Douglas Beahm, is a Qualified Person (QP)
under TSX regulations and both a Professional Engineer and a Professional
Geologist with 35 years of professional and managerial experience in the uranium
industry.


About Titan Uranium Inc.

Titan has gained market recognition for its ability to attract strategic
partners to participate in exploration on its properties in Canada by virtue of
its 1.6 million acre land position and its technical expertise. The option
agreement participants of Titan include: Japan Oil, Gas and Metals National
Corporation (JOGMEC), Vale Exploration Canada Inc. (VEC), and Mega Uranium Ltd.
These optionees are expected to contribute $4.7 million in exploration programs
managed by Titan in 2009.


Titan recently completed a business combination with UPC (Titan Uranium Inc. PR:
August 4, 2009) which adds a number of highly prospective properties, mainly in
the United States, to Titan's portfolio.


ON BEHALF OF TITAN URANIUM INC.

Brian A. Reilly, President

This News Release includes certain "forward-looking statements". All statements
other than statements of historical fact, included in this release, including,
without limitation, statements regarding potential mineralization and reserves,
exploration results, and future plans and objectives of Titan Uranium, 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. Important factors that could cause actual results to differ
materially from Titan Uranium's expectations are exploration risks detailed
herein and from time to time in the filings made by Titan Uranium with
securities regulators.

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