Titan Mining Corp. is pleased to announce a US$10M bridge loan from the Company's largest shareholder, Augusta Investments Inc. . Proceeds from this loan have been used to repay part of the Company's current credit facility with the National Bank of Canada bringing the outstanding amount down from $27.2 million to $17.2 million following the payment to NBC. The Company and Augusta Investments are in ongoing negotiations [...]
Titan Mining Corp. is pleased to provide an update on the ongoing Kilbourne exploration program. The Company has received assays from the initial phase of trenching and from the initial fifteen drill holes of the Company's ongoing graphite exploration program. The first phase of exploration has been focused on mineralization within the fully permitted footprint of the Company's 100% owned Empire State Mine in upstate New [...]
Titan Mining Corp. is pleased to announce the appointment of Ty Minnick as Interim CFO of the Company effective April 1, 2024. Mr. Minnick has been affiliated with the Augusta Group as a consultant of Augusta Gold Corp. , and was its Chief Financial Officer from 2011 until October 2020. Mr. Minnick has served as the Chief Financial Officer of Athena Gold Corp. since May 2021 and has 13 years of experience in the mining [...]
Titan Mining Corp. announces the results for the year ended December 31, 2023. . Don Taylor, President and Chief Executive Officer of Titan, commented, "Titan finished 2023 with a strong fourth quarter in both safety and production which allowed Empire State Mine to produce a record 61.0 million payable zinc pounds in 2023. As we enter 2024 our plans are to continue the upward trajectory on production while improving our [...]
Titan Mining Corp. is pleased to release preliminary fourth quarter and full year 2023 production results and provide 2024 operating, capital and exploration expenditure guidance . 2023 Highlights Safest year of operations on record at the Empire State Mine since re-opening, with an injury frequency rate of 0.7, 70% lower than the national average. Produced a record 61.0 million payable pounds of zinc in 2023, a 16 [...]
Titan Mining Corp. announces the results for the quarter ended September 30, 2023. Don Taylor, President and Chief Executive Officer of Titan, commented, "Titan's ESM operations have continued to outperform expectations year-to-date, producing a record 18.3 million payable pounds of zinc in the third quarter at its lowest quarterly All-In Sustaining Cost1 since restarting the mine at $0.86/lb. Underpinning the outstanding [...]
Titan Mining Corp. is pleased to announce that it is advancing surface exploration activities at the Company's Kilbourne graphite target. Field crews have begun mapping and sampling with equipment being mobilized to begin trenching and channel sampling. The surface work will aim to identify areas of higher grade graphite amenable to bulk sampling. This information will also be used to locate drill holes for the Company's [...]
Titan Mining Corp. is pleased to announce the discovery of the Kilbourne graphite trend, an extensively drill tested graphite-bearing trend located on the permitted lands hosting Titan's currently operating Empire State Mine in upstate New York. Highlights At or near surface targets with geological potential totaling between 210 and 1,050 million tons grading between 2.0% and 4.5% graphitic carbon Flake graphite is a key [...]
Titan Mining Corp. is pleased to announce a new production record and that it is on track to exceed 2023 production guidance. In addition, new exploration results include 41ft at 37.6% zinc at its 100% owned Empire State Mines located in upstate New York. Highlights Best year to date safety performance with total recordable injury frequency at one-half of the national average A monthly production record of 7.2 million [...]
Titan Mining Corp. announces the results for the quarter ended June 30, 2023. Don Taylor, President and Chief Executive Officer of Titan, commented, "Titan's ESM operations continued the momentum gained in the first quarter with an outstanding second quarter meeting or exceeding targets for the major metrics in safety and production." Q2 2023 HIGHLIGHTS: No Lost Time Injuries and a recordable injury frequency rate at half [...]
Titan Mining Corp. announces that all matters presented for approval at Titan's annual meeting of shareholders held today, as more particularly set out in the Company's Management Information Circular dated May 11, 2023, have been approved. These matters included: Electing each of the Company's six nominees as directors of the Company; and Re-appointing Ernst & Young, LLP, Chartered Professional Accountants, as auditors [...]
Titan Mining Corp. provides an update on dividend and exploration programs at the Company's 100% owned Empire State Mine in upstate New York. Drilling has focused on discovering, expanding, and delineating near mine mineralization within proximity to active and planned operational areas at ESM. Both surface and underground programs have been successful in intercepting significant zinc mineralization that will be accretive [...]