PDACPRESENTATION

March7,2011

FORWARD-LOOKING STATEMENT
Statements in this presentation that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in Titan Titans s periodic filings with Canadian Securities Regulators. Such forwardlooking information represents managements best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Titan does not assume the obligation to update any forward-looking statement. This presentation is not a solicitation by Titan as an offer to sell its securities.

OUTLINE
CorporateOverview UraniumMarket Titans Assets Sheep Mountain details Column leach test work at Sheep Mountain Canadian Exploration Projects

SHARESTRUCTURE
Sharesoutstanding Warrants Options Fully diluted Closing price Feb 22 Market Cap (Feb 22) Pi t Pinetree C it l Capital Mega Uranium 127M 20M(avg$0.45) 8M (avg $0.34) 155M $0.74 $94 million 10 7% 10.7% 10.8%
4

VISION To be a leading mid-tier North American uranium exploration, development and production company company. STRATEGY Develop: Sheep S eep Mountain ou ta Deposit, epos t, Wyoming yo g Advance: Exploration properties, Saskatchewan
5

TheBoard
SheldonInwentash RichardPatricio RahoulSharan ArniJohannson ChrisHealey Businessman ChairmanPinetreeCapital y Lawyer ExecutiveVPMegaUranium CharteredAccountant FormerChairUraniumPowerCorp Corp. Businessman p CanadianNexus Principal Geologist PresidentandCEO,Titan

Management
ChrisHealey;PresidentandCEO 40yrexploration,development& mining, g 20+y yearswithCameco KellyMcShane;CFO7yraccounting& finance PhilipWilliams;FinancialAdvisor VPBusinessDevelopment,Pinetree Capital

TechnicalTeam
RodKoch ;VicePresidentExploration 40yrexploration&mining,exAreva& Cameco GregAdams;VicePresidentDevelopment 40yrexploration,development&mining exCameco DouglasBeahm;PresidentBRSInc.35yr exploration,development,mining production&reclamation TobyWright;Principal,Wright Environmental20yrlicensing,permitting& environment
7

10

Casper

11

SheepMountain:CurrentStatus
Previouslyminedfrom1956 1988 Probablereserve14.2MlbseU3O8(6.4Mtons@ 0.111%eU3O8) NewResourceEstimateJanuary20,2011 30.4M lbs(13.8Mtons@0.110) potentialforsignificant expansionofminelife ActiveWYDEQMinepermit Preparing P i application li ti for f USNRCSource S M Material t i l License(submitmid2011) Newcolumnleachtesting;98%extraction, extraction verylow acidconsumption
12

SheepMountain:2011Plans
SubmitNRCSourceMaterialLicenseApplication (Q3) SubmitBLMPlanofOperations(Q3) Commence C d dewatering t i underground d dworkings ki (Q3) Delineationdrilling 100holes(Q2) Update U d t P Preliminary li i Feasibility F ibilit Study St d (Q4)

13

Sheep pMountain: Proposed p Mining gOperation p

Conventionalopenpit Conventionalundergroundoperation Heapleachtechnologyplannedtoextracturanium Uraniumrecoveryinprocessingplantusingsolvent extractionthroughtoyellowcake, yellowcake tobelicensedfor 2Mlbs/yr

14

TotalProbableMineralReserve
Min GT Congo Pit p UG Sheep Total 0.10 0.45 Pounds eU3O8 4,938,000 9,248,000 , , 14,186,000 Tons 2,895,000 3,498,000 , , 6,393,000 Ave grade %eU3O8 0.085 0.132 0.111

Recoverable - 12,908,000 Pounds Mine life - 11 years y Based on 2010 Indicated Resource 16.0 million Pounds
15

SheepMountain:ProjectCostSummary
Positivepreliminaryfeasibilitystudy(April12,2010) CAPEX$118million: $9.00/lb Open p PitOPEX: $12.42/lb UndergroundOPEX: $21.71/lb ProcessingOPEX: $6.69/lb Royalties: $2.48/lb Average OPEX $28.67/lb(recoverable) IRR(pretax) 25% NPV@7%(pretax) $101million S lli price Selling i $60/lblife lif of fproject j t Annualproductionrate 1.5millionlbs/yr

16

SheepMountain:UpdatedPFS
WillbepreparedQ3Q4 2011 ReserveswillbegeneratedfrommuchlargerIndicatedResource base,thereforelongerminelife Higheruraniumrecoveriesfrom heapleaching Loweracidconsumption Highersellingprice
PFSParameters IndicatedResource ProbableReserve Leachrecovery Acidconsumption Sellingprice 2010study 16.0Mlbs 14.2Mlbs 91% 50lbs/ton $60/lb 2011study 30.4Mlbs ? >95% <15lbs/ton >$70/lb
17

SheepMountainSchedule

18

SheepMountain 3Dviewofplanned mineoperations

19

SheepIIshaftand Big/LittleSheepadits

Umineralizationat SheepMtn

20

Sheep Underground Summary Re-opening of previously operated conventional mine Existing active permit to mine from WYDEQ. Mining method: modified room and pillar. A new double entry decline Conveyor haulage, directly to heap leach pads Existing shafts: ventilation and emergency access
21

HeapLeachSummary

22

SheepMountain layout ofoperations

23

SheepMountainColumnLeachTesting
Parameter SpecificGravity(tested) FeedMoisture SulphuricAcidconsumption Lixiviant(H2SO4) SodiumChlorateaddition Feedgrade calculated Feedgrade assayed Tailsgrade assayed Tailsmoisture Uraniumrecovery Unit 1 g/cm3 % lb/ton g/L lb/ton %U3O8 %U3O8 %U3O8 % % 1.50 8.5 1.68 10 3 0.0763 0 0770 0.0770 0.0001 13.7 99.87 Column 2 1.36 8.5 1.62 10 3 0.0729 0 0770 0.0770 1E04 14.7 99.86 3 1.46 4.3 3.90 10 3 0.1128 0 1039 0.1039 0.003 17.0 97.47
24

CanadianExploration2011
Athabasca: BorderBlock,drilling,$1.2M Thorburn Th b Lake, L k geophysics/drilling, h i /d illi $1.25M $1 25M SandHilllake,geophysics,$175k R7/Rook1,geophysics,$400k Nunavut Project mapping/sampling, mapping/sampling $175k ThelonProject,

25

26

ContactInformation
CORPORATEOFFICE Suite300,235 15th Street WestVancouver,BC,Canada V7T2X1 604.925.1810(office) 604.921.1898(fax) www.titanuranium.com PRESIDENT&CEO ChrisM.Healey 604.925.1810 INVESTORRELATIONS 604.925.1810ext237 ir@titanuranium com ir@titanuranium.com
27