Titan Uranium has reported the analytical results from its summer 2010 drilling campaign and provide an update on a direct current (DC) resistivity geophysical program conducted this fall on the Border Block project.

The Border Block project is the subject of a letter of agreement between Titan and Japan Oil, Gas and Metals National Corporation (JOGMEC) wherein JOGMEC can earn a 50% undivided interest in the project by funding CAD6m in exploration over four years.

Three drill holes were completed for a total of 1504m to test favorable uranium targets at or near the unconformity between the Athabasca sandstone rocks and the underlying basement rocks.

Analytical results from holes MB-10-01 and CSE-10-01 displayed anomalous uranium values in the Athabasca sandstone and basement rocks.

Anomalous levels of pathfinder elements Boron, Molybdenum, Cobalt, Arsenic, Vanadium, and Lead were also found in the Athabasca sandstone and basement rocks.

CSE-10-01 intersected anomalous levels of Rare Earth Elements, particularly Yttrium, in the Athabasca sandstone rocks.

The analytical results also indicated the presence of illite and sudoite clay species throughout the sandstone rocks, generally in areas with the greatest Boron concentrations.

Approximately twenty-three line kilometres of Pole-Dipole DC resistivity surveys to search for alteration chimneys along the H-Grid Time Domain Electromagnetic (TDEM) conductive trend were completed in November 2010.

The Border Block project is located in the southwest area of the Athabasca Basin, near the Alberta border and comprises the Maybelle River, Gartner Lake, King and Castle South Extension properties.