Titan Mining Corp. is pleased to announce the signing of an Option Agreement on the Mineral Ridge Property located in Esmerelda County, Nevada from Scorpio Gold Corp. through its US affiliates. Mineral Ridge Highlights Current open pit Mineral Resource of 350,000 oz gold at an average grade of 1.16 g/t Fully permitted for production and drill-ready Widespread mineralization, only sporadic exploration completed to date [...]
Titan Mining Corp. announces that, at the annual general meeting of shareholders held on June 26, 2020, shareholders voted in favour of setting the number of directors at eight, and each of the eight nominees listed in the management information circular dated May 14, 2020, were elected as directors of the Company. A summary of the results for the election of Titan’s Board of Directors is provided below: Name of Nominee [...]
Titan Mining Corp. is pleased to announce the delineation of a third zone of near-surface mineralization at its 100%-owned Empire State Mine in upstate New York. Drilling has successfully delineated three significant zones of mineralization that can potentially be mined by lower cost open-pit mining methods and milled at ESM’s milling complex located one mile to the north under ESM’s current mining permit [...]
Titan Mining Corp. is pleased to announce drill results of two new zones of near-surface mineralization at the Company’s Empire State Mine in upstate New York. The definition drilling of these potential new open-pit mill feed zones is a key goal of the Company’s strategy of filling over 3,000 tonnes per day of excess capacity at the ESM mill in an effort to dramatically increase production and lower costs [...]
Titan Mining Corp. is pleased to announce the results from surface drilling at its 100%-owned Empire State Mine in New York State. The current drill program is focused on two recently-identified near-surface zinc targets . The Hoist House zone is interpreted as an extension of the large #2 mine, which accounted for approximately half of the tons mined historically at ESM, and the Turnpike zone as an extension of the [...]
Titan Mining Corp. announces the closing of its private placement, announced on September 18, 2019, of 18 million units at C$0.35 per unit, for aggregate gross proceeds of C$6.3 million . Each unit is comprised of one common share and one-half of a warrant of the Company. Each full warrant is exercisable into one common share of the Company at an exercise price of C$0.50 per share for a period of five years from the [...]
Titan Mining Corp. announces that further to its private placement of 18 million units at C$0.35 per unit, the Company is required to obtain shareholder approval with respect to the approximately 84% insider participation in the private placement in accordance with TSX policies. Each unit is comprised of one common share and one-half of a warrant of the Company. Each full warrant is exercisable into one common share of [...]
Titan Mining Corp. announces a private placement of 18 million units at C$0.35 per unit, with each unit comprised of one common share and one-half of a warrant of the Company. Each full warrant is exercisable into one common share of the Company at an exercise price of C$0.50 per share for a period of five years from the closing date of the private placement. The net proceeds from the private placement will be used for [...]
Titan Mining Corp. today announced that, at the annual general meeting of shareholders held on June 26, 2019, shareholders voted in favour of setting the number of directors at ten, and each of the ten nominees listed in the management information circular dated May 14, 2019, were elected as directors of the Company. A summary of the results for the election of Titan’s Board of Directors is provided below: Votes For [...]
Titan Mining Corp. today provided an update on its exploration program at the Empire State Mine . The update includes drilling results from four near-mine mineralized zones: New Fold and NE Fowler at ESM #4 mine, #2D which is an extension of the large #2 mine, and #1D, which lies stratigraphically below. Figure 1 Figure 2 Figure 3 Significant mineralized intercepts include: New Fold: 38.0 feet assaying 16.0% zinc [...]
Titan Mining Corp. today announced that, as part of the optimization of the Empire State Mine , the operation is being restructured with a near-term focus on underground development as well as continued near-mine and district exploration. The mine will lower its throughput while focusing on stope and waste development. A revised mine plan, incorporating the #2D zone and the higher-grade New Fold zone in the #4 mine, is [...]
Titan Mining Corp. today provided an update on its exploration program at the Empire State Mine . In the fourth quarter of 2018, the program focused on the down-plunge extension and infill drilling of the #2D zone. This zone is an extension of the large #2 mine which accounted for approximately half of the tons mined historically at ESM. The #2D zone and the #1D zone, which lies stratigraphically below, both contain [...]