Articles Tagged "Titan"

Titan Uranium to acquire 100 percent of Sheep Mountain

Wyoming Business Report reports 100% of Sheep Mountain is acquired by Titan Uranium. Titan Uranium has agreed to acquire the 50 percent interest in the Sheep Mountain property held by Uranium One Inc., giving Titan a 100 percent interest in the Fremont County property. The Sheep Mountain deposit has a current mine permit issued by [...]

Titan Uranium to acquire 100% interest in Sheep Mountain property

Titan Uranium reports that it has entered into a definitive agreement with Uranium One Inc. to acquire the 50% interest held by Uranium One in the Sheep Mountain property, Fremont County, Wyoming. This will result in Titan holding a 100% interest in the property which hosts an NI 43-101 compliant Inferred Resource of 15.6 million pounds of U3O8. [...]

Titan Uranium reports 2nd phase of 2009 drill campaign

Titan Uranium reports drilling has began on the Company’s Sand Hill Lake project. The project is the subject of an agreement between Titan and Vale Exploration Canada Inc. (“VEC”), an affiliate of Vale Inco Limited, each a wholly-owned subsidiary of Vale S.A. (“VALE”) (NYSE:VALE). VEC can earn a 60% undivided interest in the project by funding Cdn [...]

Titan Uranium reports drilling on Virgin Trend project

Titan Uranium Inc. reports that drilling has began on its Virgin Trend project. The Virgin Trend project includes the Virgin Trend and Knight properties. The project (44 claims totaling 161,985 hectares/400,273 acres) is located in the central portion of the Athabasca Basin in northern Saskatchewan. The project area covers the trace of the Virgin River Shear Zone/Dufferin Lake/Black [...]

Titan Uranium reports Cdn $7.6 million exploration program

Titan Uranium Inc. reports that it’s 2009 exploration plans in the Athabasca and Thelon Basins. Exploration expenditures are anticipated to total Cdn $7.6 million and include funding for 11,000 metres of diamond drilling. Partners of Titan will contribute Cdn $6.8 million towards the 2009 exploration expenditures. Titan will be the operator of each project. Drilling will [...]

Titan Uranium: 2008 exploration highlights & corporate update

Titan Uranium Inc. reports it’s 2008 exploration highlights and corporate update. Exploration expenditures in 2008 totaled approximately Cdn $10.5 million and included 9,244 metres of diamond drilling. Titan’s President, Brian Reilly says: “Titan’s growth strategy in 2008 focused on advancing exploration projects and attracting strategic partners.” “The results of our exploration activities to date are encouraging and [...]

Titan with project partner Vale, reports results

Titan Uranium reports 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 – News). The Sand Hill Lake property is adjacent to Cameco Corp.’s Virgin [...]

Titan Uranium signs second letter of agreement

Titan Uranium Inc. reports a 2nd letter agreement with Japan Oil, Gas and Metals National Corporation was signed.  JOGMEC can acquire an undivided 50% working interest in Titan’s Border Block Project by funding Cdn $6 million in uranium exploration programs managed by Titan. This marks the second option agreement signed by Titan and project partner JOGMEC in [...]

Titan, with project partner Vale, reports exploration update

Titan Uranium Inc. reports the results of the 2008 exploration and drilling program on the Sand Hill Lake/Rook II project. These properties are subject to an option agreement with Vale Exploration Canada Inc., a wholly-owned subsidiary of Companhia Vale do Rio Doce (Vale) (NYSE:RIO – News). The Sand Hill Lake property is adjacent to Cameco Corp.’s [...]

Titan reports drill results on Thorburn Lake & Carlson Creek uranium projects

Titan Uranium Inc. reports significant results from drill programs carried out this spring on Thorburn Lake and Carlson Creek projects, Saskatchewan. Titan’s Thorburn Lake project is 10 km south of Cameco Corp.’s Cigar Lake uranium deposit and is accessible year round by an all-weather mine access road. Three planned holes (1,183 metres) were completed on the property [...]