TMX group

TORONTO, Nov. 9 /CNW/ - Titanium Corporation Inc. ("Titanium", TSX-V:TIC)
is pleased to announce that it has filed a formal Project Overview with
Alberta Environment describing for the public and regulatory authorities the
general plans for the development of Titanium's Heavy Minerals Recovery
Project.
Titanium's Project has progressed to the stage where submission of the
Project Overview document is an important step in the formal regulatory review
process with the Government. The filing advises the public and regulators of
the scope of Titanium's Project including the Project's sustainable
environmental and socio-economic benefits. The Document will also be used in
discussions with affected stakeholders in Alberta and elsewhere.

Project Background

Since 2004, Titanium's Project has advanced by the operation of its
Regina pilot facility to separate heavy minerals from deposited oil sands
tailings followed by a bulk sampling plant on-site in Fort McMurray, which
processed fresh pipeline tailings in the fall of 2005. In addition, Titanium
has been conducting a daily pipeline sampling program and a comprehensive
drill core resource study to evaluate the overall resource.
This development work provided the basis for Titanium's 2006 Pilot
Program, the first phase of which involved the operation of a full-phase pilot
mineral concentrator plant connected to the continuous-flow oil sands tailings
pipeline on-site in Fort McMurray. Titanium recently announced that the pilot
mineral concentrator successfully produced heavy minerals concentrate, which
will now undergo separation processing at Titanium's Regina facility. The work
in Regina will continue over the next several months to finalize process flow
sheets, maximize the recovery of zircon from the heavy minerals concentrate
and produce final zircon product samples to be evaluated by interested
customers and potential partners.
The Project Overview document is available on Titanium's website
www.titaniumcorporation.com.

About Titanium Corporation
--------------------------

Titanium Corporation Inc. is a Canadian company developing a commercial
minerals recovery project in the Fort McMurray, Athabasca oil sands region.
Through extensive research, including the construction and operation of pilot
processing facilities, the Company has developed proprietary processes and
technology to recover valuable titanium-bearing minerals and zircon from oil
sands tailings. Titanium Corporation's technology could be applied to existing
and planned mined oil sands projects with the objective of creating a new
sustainable minerals industry for Canada. Titanium Corporation Inc. shares
trade on the Toronto Venture Exchange (TSX.V) under the symbol TIC. For more
information, please visit our website www.titaniumcorporation.com.

Disclosure regarding forward-looking information

Note: This press release contains projections and forward-looking
information that involve various risks and uncertainties regarding future
events. Such forward-looking information can include without limitation
statements based on current expectations which are based on assumptions and
are subject to a number of risks and uncertainties and are not guarantees of
future performance of the Corporation. These risks and uncertainties could
cause actual results and the Corporation's plans and objectives to differ
materially from those expressed in the forward-looking information. Actual
results and future events could differ materially from those anticipated in
such information. These risks and uncertainties are more particularly
described and updated by Titanium Corporation's Quarterly Management's
Discussion and Analysis filed for the period ended May 31, 2006, on SEDAR
(www.sedar.com). Most notably these risks and assumptions include risks
associated with future plans and objectives, operating or technical
difficulties in connection with development activities and development time
lines and priorities. These and all subsequent written and oral
forward-looking information are based on estimates and opinions of management
on the dates they are made and expressly qualified in their entirety by this
notice. The Corporation assumes no obligation to update forward-looking
information should circumstances or management's estimates or opinions change.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy and accuracy of this release.