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 [...]
Titan Mining Corp. announces the results for the quarter ended March 31, 2023. Don Taylor, President and Chief Executive Officer of Titan, commented, "Titan's ESM operations had an outstanding beginning to 2023 with a solid first quarter hitting or exceeding targets for the major metrics in safety and production while continuing to pay a quarterly dividend. Development planning and execution as well equipment purchases [...]
Titan Mining Corp. announces the results for the year ended December 31, 2022. Don Taylor, President and Chief Executive Officer of Titan, commented, "Titan finished 2022 with a strong fourth quarter in both safety and production. Costs and grade returned to budgeted levels during the quarter which helped deliver a record 52.2 million payable zinc pounds produced at ESM. The decision to move forward with [...]
Titan Mining Corp. announces that its Board of Directors has declared a quarterly cash dividend of C$0.01 per common share for an aggregate distribution of approximately C$1.4 million based on the current number of shares outstanding. This represents a C$0.04 dividend on an annualized basis and an annual dividend yield of 6.5% based on Titan's closing share price on the TSX on March 6, 2023, of C$0.61. This quarterly [...]
Titan Mining Corp. announces that it has entered into a fixed zinc pricing arrangement for approximately 30% of the Company's forecasted zinc production for the remainder of 2023. The arrangement is for an eleven-month period covering February 2023 to December 2023 at a price of $1.55 per pound of zinc. Don Taylor, President and CEO, commented, "Fiscal Year 2022 was a record year for production at Titan's Empire State [...]