Titan Update On Thelon Project

Saskatoon, Saskatchewan, Canada October 9, 2007 - Titan Uranium Inc. (“Titan”) (TSX-V: TUE, TUE.WT.A) is pleased to provide an update on its exploration activities in the Thelon Basin, Nunavut. Titan’s properties, which Mega Uranium Ltd. (TSX: MGA) is pre

Saskatoon, Saskatchewan, Canada October 9, 2007 - Titan Uranium Inc. (“Titan”) (TSX-V: TUE, TUE.WT.A) is pleased to provide an update on its exploration activities in the Thelon Basin, Nunavut. Titan’s properties, which Mega Uranium Ltd. (TSX: MGA) is presently earning a 51% interest in, are located approximately 75 km west of AREVA’s 131 million lb. U3O8 unconformity type Kiggavik deposit (Nunavut Geoscience Overview, 2006). The 2007 summer program included completion of an airborne magnetic-radiometric survey, claim staking, prospecting, radon surveys and diamond drilling. 

The airborne survey covered approximately 2100 sq km and traversed most of Titan’s initial land holdings as well as areas of newly staked land. A total of 61 claims (48,748 sq km) were acquired to cover areas with favourable geology; several radiometric anomalies were identified on the new claims.

Prospecting was carried out in numerous areas to further characterize several uraniferous boulder trains that were discovered during previous exploration programs. Prospecting tested areas with favorable geology and radiometric anomalies identified from the airborne survey. In addition, radon surveys were completed in selective areas to better define drill targets.

Twenty-three drill holes were completed during the summer drilling campaign for a total of 1600 metres. Core samples have been sent to Saskatchewan Research Council Laboratories for analyses and Titan expects to announce the results of this program in the next few weeks.

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.

ON BEHALF OF TITAN URANIUM INC.

Brian A. Reilly, President

For further information, please contact:
Jessica Karalash
Corporate Communications/Investor Relations
Titan Uranium Inc.
Direct: 1-888-651-2405
Facsimile: 306-651-5105
Email:jkaralash@titanuranium.com
www.titanuranium.com

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. 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.