Titan Uranium Inc.

Titan Uranium Inc.

November 30, 2007 09:51 ET

Titan Concludes 2007 Athabasca Drill Program

SASKATOON, SASKATCHEWAN--(Marketwire - Nov. 30, 2007) - Titan Uranium Inc. ("Titan") (TSX VENTURE:TUE)(TSX VENTURE:TUE.WT.A) announces the conclusion of the company's current phase of diamond drilling on its Athabasca properties in northern Saskatchewan. Drilling was completed on the R-Seven property, which is under option to Ur-Energy, and the 100% Titan owned Sand Hill Lake and Rook II properties. The Sand Hill Lake and Rook II dispositions adjoin the Cameco-AREVA-Formation Capital Virgin River project where drilling on the Centennial Zone has intersected up to 5.83% U3O8 over 6.4 metres.

Drilling on the R-Seven property included 14 holes for a total of 3,213 metres. The 2007 drilling focused on an area of shallow sandstone cover rocks (less than 250 metre depth) to test several graphitic horizons identified by airborne geophysics and previous drilling. Most of the holes intersected silicified sandstone rocks and thick zones of de-silicified unconsolidated sandstone rocks. Samples are at the SRC lab in Saskatoon and results are expected before year end.

Currently, Patterson Geophysics is carrying out a resistivity survey on the R-Seven property to assist in defining additional drill targets for the 2008 program. When the survey is completed, the crew will move to the Rook I claims to survey an area south of the Cameco Hook Lake property where drilling intersected 0.25% U3O8 over 2.5 metres. Prospective stratigraphy to host uranium mineralization that is found on the Cameco property trends south to the Rook I claims.

Two holes were drilled on the Sand Hill Lake property to test an electromagnetic (EM) conductor located under shallow sandstone cover rocks. The first hole was successful in coring altered, favourable basement rock types. Shear-controlled clay, chlorite and hematite alteration was recorded in a siliceous, silty basement sequence. The second hole testing this conductor was lost in overburden.

Three holes drilled on the Rook II property were completed on the 'A' conductor, a complex graphitic horizon, targeting basement-hosted mineralization similar to that found at Cameco's Millennium Deposit. All three holes intersected sheared graphitic and pyritic metasedimentary rocks with minor clay alteration on shear surfaces.

Only 430 metres of a planned 2000-metre program were completed on the Sand Hill Lake and Rook II properties. The decision to defer the remaining meterage was prompted by deteriorating weather conditions that compromised the drill crew safety and by performance issues relating to the mismatch of drill equipment to rock conditions. The program will be resumed in 2008. Samples are at the SRC lab in Saskatoon and results are expected early 2008.

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 of the technical information contained in this release.

About the Company

As a major landholder in the world's foremost uranium-producing region, Titan Uranium is distinguishing itself as one of the few companies in Canada with the properties, management and technical depth required to succeed in uranium exploration. Based in Saskatoon, Saskatchewan, Titan boasts proven senior leadership, a highly experienced technical team and over 1.5 million acres of claims in the proven Athabasca and prospective Thelon Basins. Focusing on the acquisition and exploration of early stage uranium properties, Titan is well financed and ideally positioned to emerge as a pre-eminent explorer in the most rewarding segment of the uranium industry.


Brian A. Reilly, President

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. 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.

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