TUE Titan Uranium Inc.

Titan Uranium Inc. (TSX VENTURE:TUE)(FRANKFURT:T4X) is pleased to announce that
it has commenced permitting and licencing at its 100% owned Sheep Mountain
uranium project in Fremont County, Wyoming. Baseline environmental studies have
been initiated in support of application for a Source Material Licence with the
US Nuclear Regulatory Commission (NRC). In addition, a revision to the existing
Wyoming Department of Environmental Quality (WDEQ) Mine Permit will be
completed, as well as a Plan of Operations for the US Bureau of Land Management
(BLM).


BRS Inc. of Riverton WY will be the lead consultant for the WDEQ and BLM
applications. Wright Environmental Services of Fort Collins CO will lead the NRC
application. Local and regional contractors will assist in the gathering of
environmental baseline and geotechnical data.


Field data acquisition is underway, and the project is on target for a projected
second quarter of 2011 submission of the NRC application. The WDEQ and BLM
submissions are expected to be completed at the same time.


Brian Reilly, President and CEO of Titan, commented, "The licensing and
permitting process is the next step for our Sheep Mountain project following the
recently completed Preliminary Feasibility Study. We have established a strong
rapport with the various regulatory agencies and contracted experienced
consultants to conduct the field work. Our objective is to submit high-quality
applications and advance the project to production."


The following baseline environmental surveys and studies will be conducted:



--  Radiological background characterization; 
--  Wildlife and vegetation surveys; 
--  Meteorological data collection; 
--  Ground and surface water assessments, including the installation of
    additional monitor wells; 
--  Air quality characterization and monitoring; 
--  Cultural resource inventory; 
--  Development of analytical standard suites and laboratory protocols; 
--  Geotechnical characterizations for siting the heap leach pads and
    central processing facility; 
--  Column leach testing to develop a final flow diagram for the heap leach
    and central processing plant design; and 
--  Development of a detailed mine operation and reclamation plan. 



Chris M. Healey, a Professional Geologist licensed in the State of Wyoming and
Chief Operating Officer for Titan, is the Qualified Person responsible for the
technical content of this release.


About Titan Uranium Inc.

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 pre-feasibility study has been completed at the Sheep Mountain
Uranium Project, Wyoming. The deposit contains a NI 43-101 compliant probable
reserve of 14.2M lbs. of U3O8 (6,393,000 tons at 0.111% e U3O8) (see April 12,
2010 release).


- 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.


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.

Grafico Azioni Titan Uranium Inc. (TSXV:TUE)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni Titan Uranium Inc. (TSXV:TUE)
Storico
Da Giu 2023 a Giu 2024