Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (84630)	8/23/2011 9:57:54 PM
From: LoneClone	Read Replies (1) \| Respond to of 194043

BLM Initiates EIS on Titan's Sheep Mountain Project ca.finance.yahoo.com On Tuesday August 23, 2011, 12:50 pm EDT Vancouver, British Columbia - Titan Uranium Inc (TSX-V:TUE, FSE:T4X) is pleased to announce that the US Bureau of Land Management (BLM) published today its Notice of Intent (NOI) to develop an Environmental Impact Statement (EIS) for Titan's Sheep Mountain uranium project, located in Fremont County, Wyoming. The complete NOI can be found at the following link: gpo.gov BLM published its NOI within 10 weeks of the date Titan submitted its Plan of Operations (PoO) for the project to BLM (June 16, 2011). The EIS will be developed considering the PoO, public comments and baseline studies conducted by Titan over the past two years. It is anticipated it will take approximately 12 to 18 months to complete development of the EIS and to publish a final Record of Decision. BLM's Lander WY Field Office will schedule a series of public scoping meetings for September to introduce the project to the public and to seek input into development of the EIS. Chris M. Healey. President of Titan commented; "This is an important step in our progress towards a fully permitted mine, and keeps the project on track for production in late 2013/early 2014." ON BEHALF OF TITAN URANIUM INC. Chris M. Healey, President & CEO For further information, please contact: Investor Relations Titan Uranium Inc. Phone: 604-925-1810 Facsimile: 604-921-1898 Email: ir@titanuranium.com www.titanuranium.com 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.