Titan Uranium Inc.

Published : September 30th, 2009

Commences Drilling on Green River South Project

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Japan | Market | Oil | Uranium | Utah |
NEWS RELEASE

September 30, 2009
 

TITAN URANIUM COMMENCES DRILLING ON GREEN RIVER SOUTH PROJECT

Saskatoon � Titan Uranium Inc (TSX-V:TUE, FSE:T4X) is pleased to announce that drilling has commenced on a twenty one hole exploration drilling program (10,000 feet, 3300 meters).  The program is designed to explore a potential new trend for the on-going evaluation of the Green River South project, Utah.   Rotary drilling is being performed by Caroll Drilling, of Moab UT.  Downhole geophysical logging services are being provided by Hawkins Logging of Cody, WY.

The Green River South property covers over 15,000 acres. The property has excellent accessibility and is located about 90 miles by road from the Shootaring Canyon uranium mill currently owned by Uranium One Inc.

Titan also announces that certain option holders have agreed to the cancellation of an aggregate of 858,333 options to acquire common shares in the capital of Titan.  The options that were cancelled had been held by various directors, officers and employees, pursuant to the Company�s stock option plan, had exercise prices ranging from $0.44 to $2.02 per share and were set to expire between July, 2010 and July, 2011.

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 and CEO

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

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.

<
Data and Statistics for these countries : Canada | Japan | All
Gold and Silver Prices for these countries : Canada | Japan | All

Titan Uranium Inc.

EXPLORATION STAGE
CODE : TUE.V
ISIN : CA88832T1057
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Titan Uranium is a uranium exploration company based in Canada.

Titan Uranium holds various exploration projects in Canada.

Its main exploration properties are CASTLE PROJECT, R-SEVEN, SAND HILL, BORDER BLOCK PROJECT, VIRGIN TREND PROJECT, BISHOP I, BISHOP II, CARLSON CREEK, FLEMING PROPERTY, KEEFE LAKE, MEANWELL LAKE, ROOK I, THORBURN LAKE, GREEN RIVER SOUTH, EAST SHIRLEY BASIN, THELON, SOUTH FORK and SHEEP MOUNTAIN in Canada.

Titan Uranium is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 30.0 millions as of today (US$ 30.2 millions, € 22.4 millions).

Its stock quote reached its highest recent level on December 29, 2006 at CA$ 3.27, and its lowest recent point on July 09, 2010 at CA$ 0.10.

Titan Uranium has 130 501 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Project news of Titan Uranium Inc.
3/3/2011(Sheep Mountain)FILES NI 43-101 TECHNICAL REPORT ON SEDAR, INDICATED RESOURC...
2/3/2011(Green River North)SELLS HOLLIE CLAIMS TO ENERGY FUELS INC
9/9/2008(Sand Hill) Conjunction with Project Partner Vale, Announce Exploration...
Corporate news of Titan Uranium Inc.
7/30/2010Grant of 2.675.000 options at $0.155
9/30/2009Commences Drilling on Green River South Project
11/12/2008Signs Second Letter of Agreement with Japan Oil, Gas and Met...
8/11/2008Announces Airborne Survey On Virgin Trend Uranium Project, M...
5/14/2007To Commence Drilling on Carlson Creek Project
4/13/2006(Sheep Mountain)Receives permit to drill Thelon properties
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (TUE.V)FRANKFURT (T4X.F)
0.230-4.17%0.159+6.71%
TSX-V
CA$ 0.230
02/28 16:59 -0.010
-4.17%
Prev close Open
0.240 0.240
Low High
0.230 0.250
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.230 -%
Volume 1 month var.
0 -%
24hGold TrendPower© : 24
Produces
Develops
Explores for Lead - Uranium
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 12/17/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.73-1.90%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.26-0.53%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.58-0.35%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.49-0.40%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.41-1.34%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20-2.38%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.72-0.86%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.68-1.39%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+3.03%Trend Power :