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PDAC PRESENTATION

March 7, 2011


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FORWARD-LOOKING STATEMENT

Statements in this presentation that are forward-lookingstatements are subject to various risks and uncertainties

filings with Canadian Securities Regulators. Such forward-looking information represents managements best judgmentbased on information currently available. No forward-looking

vary materially. Titan does not assume the obligation toupdate any forward-looking statement. This presentation isnot a solicitation by Titan as an offer to sell its securities.

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OUTLINE

Corporate Overview Titans Assets Sheep Mountain details Column leach test work at Sheep Mountain Canadian Exploration Projects

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SHARE STRUCTURE Shares outstanding 127M Options 8M (avg $0.34) Fully diluted 155M Closing price Feb 22 $0.74 Market Cap (Feb 22) $94 million

ne ree ap a . Mega Uranium 10.8%

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VISION

To be a leading mid-tier North Americanuranium exploration, development and.

STRATEGY Develop :

Shee Mountain De osit W omin

Advance :Exploration properties, Saskatchewan

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The Board

Sheldon Inwentash BusinessmanChairman Pinetree Capital

Richard Patricio Law erExecutive VP Mega Uranium

Rahoul Sharan Chartered Accountant .

Arni Johannson BusinessmanPrincipal Canadian Nexus

Chris Healey Geologist President and CEO, Titan

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Management Technical Team

Chris Healey; President and CEO40 yr exploration, development & mining, 20+ years with Cameco

Rod Koch ; VicePresident Exploration40 yr exploration & mining, exAreva & Cameco

Kelly McShane; CFO 7 yr accounting &

finance

Greg Adams; VicePresident Development

40 yr exploration, development & mining Philip Williams; Financial AdvisorVP Business Development, Pinetree Capital

Douglas Beahm; President BRS Inc. 35 yr exploration, development, mining

production & reclamation

Toby Wright; Principal, Wright

environment

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Sheep Mountain: Current Status

Probable reserve 14.2M lbs eU3O8 (6.4M tons @

New Resource Estimate January 20, 2011 30.4M

lbs (13.8M tons @ 0.110) potential for significant expansion of mine life

Active WYDEQ Mine permit

repar ng app ca on or ource a er a License (submit mid 2011) ,

acid consumption 12


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Sheep Mountain: 2011 Plans

Submit NRC Source Material License Application

Submit BLM Plan of Operations (Q3) ommence ewa er ng un ergroun wor ngs

Delineation drilling 100 holes (Q2)

p a e re m nary eas y u y

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Shee Mountain: Pro osed Minin O eration

Conventional underground operation

Uranium recovery in processing plant using solvent

, 2M lbs/yr

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Total Probable Mineral Reserve

Min GT PoundseU3O8 Tons Ave grade%eU3O8

Congo Pit 0.10 4,938,000 2,895,000 0.085

Sheep UG 0.45 9,248,000 3,498,000 0.132

Total 14,186,000 6,393,000 0.111

Recoverable - 12,908,000 PoundsMine life - 11 earsBased on 2010 Indicated Resource 16.0 million Pounds

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Sheep Mountain: Project Cost Summary

Positive preliminary

feasibility

study

(April

12,

2010) CAPEX $118 million : $ 9.00/lb

Open Pit OPEX: $12.42/lb Underground OPEX: $21.71/lb Processing OPEX: $ 6.69/lb

Royalties: $ 2.48/lb Average OPEX $28.67/lb (recoverable) IRR (pre tax) 25% NPV @ 7% (pre tax) $101 million

e ng pr ce

e o

pro ec Annual production rate 1.5 million lbs/yr

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Sheep Mountain: Updated PFS

Will be

prepared

Q3

Q4 2011 Reserves will be generated from much larger Indicated Resource

base, therefore longer mine life Higher uranium recoveries from heap leaching Lower acid consumption

Higher selling price

PFS Parameters 2010 study 2011 study

Indicated Resource 16.0M lbs 30.4M lbs

Probable Reserve 14.2M

lbs ?

Leach recovery 91% >95%

Acid consumption 50 lbs/ton $70/lb


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Sheep Mountain Schedule

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Sheep Mountain 3D view of planned

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Sheep II shaft and Big/Little Sheep adits

U mineralization at Sheep Mtn

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Sheep Underground Summary

Re-opening of previously operated conventionalmine

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

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Sheep Mountain layout of operations

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Sheep Mountain Column Leach Testing

Parameter Unit

1 2 3Specific Gravity (tested) g/cm 3 1.50 1.36 1.46

Feed Moisture % 8.5 8.5 4.3

Sulphuric Acid consumption lb/ton 1.68 1.62 3.90

Lixiviant (H2SO4) g/L 10 10 10

Sodium Chlorate addition lb/ton 3 3 3

Feed grade calculated %U 3O8 0.0763 0.0729 0.1128

. . .

Tails grade assayed %U 3O8 0.0001 1E 04 0.003

Tails moisture % 13.7 14.7 17.0

Uranium recovery % 99.87 99.86 97.47

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Canadian Exploration 2011

Athabasca: Border Block, drilling, $1.2M T or urn La e, geop ys cs r ng, 1. 5M Sand Hill lake, geophysics, $175k R7/Rook 1, geophysics, $400k

Nunavut , ,

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Contact Information

Suite 300, 235 15th

StreetWest Vancouver, BC, CanadaV7T 2X1604.925.1810 (office)604.921.1898 (fax)

www.titanuranium.com

PRESIDENT & CEOChris M. Healey604.925.1810

INVESTOR RELATIONS604.925.1810 ext 237

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