Titan Uranium Inc.

Titan Uranium Inc.

November 25, 2008 11:54 ET

Titan, in Conjunction With Project Partner Vale, Announces Results of Continued Exploration on Sand Hill Lake/Rook II Project

SASKATOON, SASKATCHEWAN--(Marketwire - Nov. 25, 2008) - Titan Uranium Inc. ("Titan" or the "Company") (TSX VENTURE:TUE)(FRANKFURT:T4X), a North American generative explorer, is pleased to announce additional results of the ongoing 2008 exploration program on the Sand Hill Lake/Rook II project. These properties are subject to an option agreement with Vale Exploration Canada Inc. (VEC), a wholly-owned subsidiary of Companhia Vale do Rio Doce (Vale) (NYSE:RIO). The Sand Hill Lake property is adjacent to Cameco Corp.'s Virgin River property where significant unconformity-style uranium mineralization was found in the Centennial Zone with grades up to 12.68% U3O8 over 10.3 metres (Formation Capital Corp. PR, March 7, 2008).

Terms of the option agreement required VEC to spend $2 million in the first year. VEC agreed to increase the 2008 budget and provide additional funds to carry out geochemical sampling and ground geophysics in order to better define drill targets to be tested in 2009, as reported in the Titan news release dated September 8, 2008.

Since that time, field crews have completed a lake sediment sampling program on the property and soil and twig geochemical sampling over part of the "C" conductor, the primary target on the project. The lake sediments contained several areas of anomalous uranium values (anomalous uranium values are greater than 4 ppm uranium contrasted to a background population of less than 2 ppm uranium) that will aid in focusing ongoing exploration. The soil and twig geochemical surveys sampled the central part of the "C" conductor near Monck Lake and returned several areas with elevated uranium values.

Geophysical surveying on several grids has begun and the data will be used to locate holes for the diamond drilling program planned for Q1, 2009.

J. Allan McNutt, P. Geo., M.A.Sc., is Titan's Qualified Person (as defined by National Instrument 43-101) for uranium projects and is responsible for the technical information contained in this release.

About Titan Uranium Inc.

Titan's growth strategy is driven by advancing exploration projects to discovery in the proven Athabasca and prospective Thelon basins. Titan has gained market recognition for its ability to attract strategic partners to participate in exploration on its properties by virtue of its 1.5 million acre land position and technical expertise. In 2008, Japan Oil, Gas and Metals National Corporation (JOGMEC) signed two letters of agreement with Titan to explore the Company's Virgin Trend and Border Block projects as an element of its mandate to seek a stable supply of natural resources for Japan. In April 2008, Vale Exploration Canada Inc. (VEC) signed an agreement with Titan on the Sand Hill Lake/Rook II project. Titan also has a major joint venture project underway in the Thelon Basin with Mega Uranium Ltd. Additional partnerships are at the planning stage.

Partners of Titan have the option to expend Cdn $28.5 million in exploration programs managed by Titan between 2008 and 2012. The partners can earn a portion of Titan's interest in these strategically located properties in the Athabasca and Thelon basins. Optionees of Titan properties spent Cdn $5.5 million on exploration programs managed by Titan in 2007.

Titan is well-financed and ideally positioned to emerge as a pre-eminent explorer in the uranium industry. Based in Saskatoon, Saskatchewan, Titan boasts proven senior leadership, a highly experienced technical team and a dominant land position in Canada's world-class uranium districts.

About Vale Exploration Canada Inc.

VEC is a wholly-owned subsidiary of Companhia Vale do Rio Doce (VALE) (NYSE:RIO), the world's second largest mining company by market capitalization with its headquarters in Brazil. Vale reported revenues of US$ 33.1 billion and net earnings of US$ 11.8 billion for the year ended December 31, 2007. Vale is committed to the pursuit of sustainable growth by operating with respect for the natural environment and being an ethically and socially responsible company.


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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Contact Information