Titanium Awarded Patent for Technology That Boosts Bitumen Recovery from Oil Sands Tailings

Titanium Corporation Inc. (TSX VENTURE:TIC) (the "Company") has been awarded a
U.S. patent for its innovative technology that will increase the recovery of
bitumen currently being lost in tailings streams. Currently, oil sands mining
and froth treatment processes leave two to eight per cent of the mined bitumen
in the waste stream that goes to tailings ponds. Titanium's technology has been
demonstrated to recover 80 per cent of this lost bitumen. At a large oil sands
mine, this innovative technology would recover up to 7,000 barrels per day of
additional bitumen. 


"This latest patent award solidifies Titanium's position as the leading value
creation technology opportunity for oil sands tailings," said Scott Nelson, the
Company's President and Chief Executive. 


"Titanium Corporation has developed and demonstrated an integrated set of
technologies that profitably recover oil, solvents and valuable heavy minerals
before they enter tailings ponds and the atmosphere. This patented process is
ready for implementation at oil sands production sites. It will significantly
reduce the environmental impacts of oil sands development, which are serious
concerns of industry, government and the Canadian public," Nelson said. 


The Canadian and Alberta governments and the oil sands industry have supported
Titanium's efforts during the many years required to develop this important new
technology. Titanium is now actively seeking an oil sands industry partner to
move forward toward commercial implementation.


The patent, which is U.S. Patent No. 8,382,976 (Moran et al), was developed over
a five year program by Titanium Vice President Dr. Kevin Moran, who led the
research team which collaborated with the oil sands industry and the Alberta and
federal governments. The Company's has received grant funding from Sustainable
Development Technology Canada ("SDTC"), the Government of Alberta Energy
Innovation Fund and the National Research Council. 


About Titanium Corporation Inc.

Titanium Corporation Inc. is developing technology to recover heavy minerals and
bitumen contained in the waste tailings streams from oil sands mining operations
near Fort McMurray, Alberta. The potential benefits from this "Creating Value
from Waste (TM)" proposition are twofold. First, the recovered bitumen and
minerals will have intrinsic value and will provide shareholders with a source
of revenue. Second, by using an integrated approach to recovering minerals and
bitumen, there is potential for industry-wide environmental benefit. The
Company's shares trade on the TSX-V under the symbol "TIC". For more information
visit the Company's website at www.titaniumcorporation.com.


Disclosure regarding forward-looking statements

Certain statements contained herein regarding the Company and its plans
constitute "forward-looking statements" within the meaning of Canadian
securities laws. By their nature, forward-looking statements require the Company
to make assumptions and are subject to inherent risks and uncertainties. There
is a significant risk that predictions, forecasts, conclusions, projections, and
other forward-looking statements will not prove to be accurate. We direct you to
our statement of risks and uncertainties more particularly described and updated
in the Company's Management Discussion and Analysis filed for the period ended
August 31, 2011 on SEDAR (www.sedar.com). Most notably these risks include, but
are not limited to risks associated with the advancement of research programs
including operational or technical difficulties in connection with research
activities; development timeline delays and problems, including unforeseen
development costs; reliance on a small number of people, access to and cost of
tailings, competition and intellectual property protection and changes to
environmental laws and regulations.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Titanium Corporation Inc.
Scott Nelson
President & CEO
(403) 561-0439
snelson@titaniumcorporation.com


Titanium Corporation Inc.
Andreas Curkovic
Investor Relations
(416) 577-9927
acurkovic@titaniumcorporation.com

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