Titan Uranium Completes Successful Drill Program at Sheep Mountain

Titan Uranium Inc (TSXV:TUE) reports that it has completed a 62 hole definition drill program at its Sheep Mountain uranium project, Fremont County, Wyoming.

The drilling was conducted to better define the limits of the planned Congo Open Pit. Of the 62 holes completed, all but 8 exceeded the grade-thickness cut-off used in the recently completed Preliminary Feasibility Study (see Titan press release April 12, 2010). In addition, 5 monitor wells were drilled and completed.

Brian Reilly, President and CEO of Titan says:

“The drilling has both confirmed previously defined mineralized zones and also extended the zones in several areas. We are now in a position to finalize the design and engineering of the pit as part of the Nuclear Regulatory Commission license application.”

For complete news release, click here.