TITAN URANIUM COMPLETES COLUMN LEACH TESTS FOR SHEEP MOUNTAIN PROJECT, WYOMING; YIELDS VERY HIGH EXTRACTION WITH VERY LOW ACID CONSUMPTION

SASKATOON, Jan. 13 /CNW/ - Titan Uranium Inc (TSX-V:TUE, FSE:T4X) is pleased announce that it has recently completed three column leach tests for its Sheep Mountain uranium project in Fremont County, Wyoming, with excellent results.  Recoveries ranged from 97.5 to 99.9% of the contained uranium, with extremely low acid consumption (1.6 to 3.4 pounds per ton).

Three columns were tested, with feed from both fresh drill cuttings and from material stockpiled from the Sheep I mine since the 1980's.  The stockpiled material has been subject to meteoric oxidation, while the cuttings from the 2009 drill program have been kept in sealed containers.

From the fresh material, 97.47% of the contained uranium was extracted, with acid consumption at 3.38 lbs/ton.  The two tests using older material yielded even higher extractions (99.87% and 99.86%) with acid consumptions of 1.67 and 1.58 lbs/ton.

The testing program was designed and managed by Roger Garling, R and D Enterprises, Casper WY.  The columns were constructed at the Inter-Mountain Labs facilities in Sheridan, WY, which laboratory also performed all of the analytical work.  Chris M. Healey, a Professional Geologist licensed in the State of Wyoming, and President and CEO for Titan, is the Qualified Person responsible for the technical content of this release.

The columns were 14 feet high and 6 inch inside diameter.  Columns 1 and 2 were loaded with approximately 83 kg of stockpile material, mined in 1987 and 1988.  This material has been stored near the Sheep I shaft since it was mined.  Column 3 was loaded with 84 kg of drill samples which were collected during the summer 2009 drill program, and have been stored in sealed containers.

A lixiviant of 10g/L sulphuric acid (H2SO4) was added to the columns at a rate of 5.33 L/day.  Sodium chlorate (NaClO3) was also added, at 3 pounds per ton.  The density of the material ranged from 1.36 to 1.50 g/cm3.  Porosities ranged from 28.17% to 31.76%.

In addition to the column leach tests, an Ion Exchange (IX) test was completed to determine the efficiency of resin loading.  The results were very encouraging with a calculated 99.9% efficiency. 

Results of the test work are summarized in the following table.

Sheep Mountain Column Leach Tests
  Column 1 Column 2 Column 3
Head grade (mg/kg U) 647 618 957
Head grade (% U3O8) 0.0763 0.0729 0.1128
Tails grade (mg/kg U) 0.83 0.84 24.2
Tails grade (% U3O8) 0.00010 0.00010 0.00285
% extraction 99.87 99.86 97.47
Acid consumption (lbs/ton) 1.67 1.58 3.38

The material utilized in the Column 3 test was selected to be representative of the various mineralized horizons found within the planned Congo Pit area and was composited in such a manner as to approximate the anticipated average ore grade material.  The Preliminary Feasibility Study (PFS) issued in April, 2010 estimated the average life of mine average grade to be 0.111 %U3O8 as compared to the Column 3 material with an average grade of 0.113 %U3O8.  The PFS conservatively assumed an acid consumption of 50 pounds per ton and an overall recovery of 91% based on historical data from heap leach operations conducted by Western Nuclear and Union Carbide in the Gas Hills District of Wyoming.  The current test results show both a major reduction in acid consumption and a substantial improvement in recovery.  The reduction in acid consumption has the potential to reduce the projected operating costs for the project significantly. The improvement in heap recovery has the potential to significantly increase the estimated recoverable pounds of uranium.

Chris Healey, President of Titan commented "These results are substantially better than the parameters used in the April 2010 Preliminary Feasibility Study.  Therefore this testing program has clearly demonstrated significantly better leach efficiencies than those used for the PFS.  This will therefore have a significant positive effect on the project economics."

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 Titan press release April 12, 2010).

• 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.

Chris M Healey, President


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts 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. 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.

SOURCE Titan Uranium Inc.

For further information:

Investor Relations
Titan Uranium Inc.
Phone: 306-651-2405 or 604-925-1810
Facsimile: 306-651-5105
Email: ir@titanuranium.com
www.titanuranium.com

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