TITAN URANIUM REPORTS ON 2010 GEOPHYSICAL EXPLORATION PROGRAMS FROM ATHABASCA
BASIN PROPERTIES

SASKATOON, Oct. 14 /CNW/ - Titan Uranium Inc. ("Titan" or the "Company") (TSX-V:TUE, FSE:T4X) is pleased to announce results from the 2010 geophysical exploration surveys in the Athabasca Basin on the company's 100% owned Bishop II, Meanwell and R-Seven projects. Electromagnetic and resistivity surveys were completed with the objective of detecting conductors and hydrothermal alteration anomalies, respectively. These features are typically found associated with fault zones and unconformity-type uranium deposits in the Athabasca Basin.

A number of conductors were located by Max Min Horizontal Loop Electromagnetic (HLEM) surveys on Grid BII_2009-1 and Grid M_2009-1 of the Bishop II/Meanwell projects. The conductors have been interpreted as steeply dipping conductive structures associated with conductive basement host rocks. Direct Current (DC) resistivity surveys were able to image the conductivity structure of the earth below Grid BII_2009-1 to a depth of approximately 165 metres, where a low resistivity "chimney" was detected co-incident with convergent structural lineaments in N70˚ E, near E-W and NW-SE orientations.

On the R-Seven project, Moving Loop Array Time Domain Electromagnetic (TDEM) surveys were successful in detecting multiple conductors in grid areas ML-1 and ML-2. As a follow-up to the high priority conductive targets, DC resistivity surveys were performed over a portion of the ML-2 grid area where a prominent resistivity anomaly was also located in association with two of the conductors. It has been interpreted that the resistivity anomaly in the lower sandstone rocks may represent the effects of hydrothermal alteration processes often associated with fault zones and unconformity-type uranium deposits.

Follow-up drilling is recommended on the Bishop II, Meanwell and R-Seven projects to test the high-potential targets identified in the 2010 geophysical exploration programs.

Rodney Koch, P. Geo, Vice-President Exploration Canada for Titan, is the qualified person responsible for the technical information contained in this release.

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.

Brian A. Reilly, 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.

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For further information:

Investor Relations
Titan Uranium Inc.
Phone: [phone] or 604-925-1810
Facsimile: 306-651-5105
Email: [email protected]
www.titanuranium.com