Titan Mining Supplies Preliminary Drill Outcomes on the Kilbourne Graphite Mission, Outcomes Embody 173.5 ft at 3.75% Graphitic Carbon

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VANCOUVER, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) — Titan Mining Company (TSX:TI) (“Titan” or the “Firm”) is happy to supply an replace on the continuing Kilbourne exploration program. The Firm has obtained assays from the preliminary part of trenching and from the preliminary fifteen drill holes of the Firm’s ongoing graphite exploration program. The primary part of exploration has been targeted on mineralization inside the absolutely permitted footprint of the Firm’s 100% owned Empire State Mine (“ESM”) in upstate New York.

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Titan CEO Don Taylor commented, “We’re more than happy with the outcomes of the preliminary applications. The outcomes have offered definitive proof that the potential dimension and grade of the deposit are important and current Titan with an early entry alternative into the US graphite market. The Kilbourne goal being examined is amenable to open pit mining on permitted floor.”

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Floor drilling at Kilbourne has targeted on delineating the thickness and grade of the traditionally documented graphite mineralization inside the Firm’s lively mine allow. So far 21 core holes have been accomplished, totaling 7,357 ft (2,242 m) of drilling. The Firm has obtained assays from 15 of the finished 21 holes.

Vital mineralized intercepts from drilling embody:

• KX24-004 – 173.5 toes assaying 3.8% graphitic carbon
  • Together with 80.0 toes assaying 4.0percentgraphitic carbon
• KX24-003 – 140.0 toes assaying 3.5% graphitic carbon
• KX23-001 – 91.5 toes assaying 3.3% graphitic carbon
• KX24-002 – 83.9 toes assaying 3.3% graphitic carbon
• KX24-015 – 80.0 toes assaying 3.6% graphitic carbon

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The Firm is happy by the early success of the Section I exploration program at Kilbourne. Graphite mineralization has been efficiently examined from floor to vertical depths of 592 ft (180 m), and alongside a strike size of practically 5,000 ft (1,524 m). All drilling has taken place inside the Firm’s lively use allow. In Section I a further 11 holes are deliberate to check close to floor mineralization inside the remaining 3,500 ft (1,066.8 m) of goal strike size.

Along with the continuing drill program, the Firm accomplished 265 toes (80.7 m) of channel sampling, testing bedrock uncovered by trenching. So far, 91 trench samples have been collected.

The assay outcomes have continued to exceed expectations, with the grade of mineralized drill intercepts averaging 3.2% Cg (graphitic carbon). Particular person samples inside the mineralized zones have returned assays ranging as much as 11.3 % Cg (KX24-007 from 165.0 ft to 168.2 ft, a part of the famous 13 ft interval from 160.0 ft to 173.0 ft at 6.0% Cg).

As a part of Section I, consultant drill core intervals of each the higher and decrease mineralized zones have been chosen for composite and metallurgical testing. Forte Analytics (previously RDI) of Wheat Ridge, Colorado has been contracted to carry out assessments to guage processing choices to be able to maximize restoration and focus grades whereas sustaining the pure massive flake dimension of the Kilbourne mineralization. Preliminary testing at SGS Labs in Lakefield, Ontario has proven that the Kilbourne Mineralization is ready to be purified to a passable high quality, and that early dimension fraction analyses locations the fabric in an acceptable vary for battery utilization, and different functions.

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Desk I. Mineralized intercepts from underground exploration program

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Be aware: The true width of the mineralization will not be at present identified.

Desk II. Collar Location

Desk III. Outcomes from the Kilbourne Trenching Program

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Desk IV. Trench Phase Begin and Finish Factors

All trench samples collected from inside 6 inches (15.2 cm) of the bedrock floor.

Determine 1. Location of the Kilbourne Mission relative to ESM Operations, stable hole form represents the lively mine space at present permitted.

Determine 2. Plan view of drilling displaying the placement of Kilbourne Exploration holes, deliberate drill holes, and trenching.

Determine 3. Cross part displaying host lithologies with assays from 2023-2024 drilling. Highlighted are holes KX23-001, KX24-002, and KX24-015.

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Wanting North East, part line marked on Determine 2.

Certified Particular person

The scientific and technical data contained on this information launch and the sampling, analytical and check knowledge underlying the scientific and technical data has been reviewed, verified and accepted by Donald R. Taylor, MSc., PG, President and Chief Government Officer of the Firm, a certified individual for the needs of NI 43-101. Mr. Taylor has greater than 25 years of mineral exploration and mining expertise and is a Registered Skilled Geologist by the SME (registered member #4029597). Mr. Taylor verified the information disclosed, together with sampling, analytical, and check knowledge underlying the data included on this information launch for which he’s accountable, by performing various checks to substantiate the accuracy of such knowledge. As well as, Mr. Taylor reviewed the QA/QC reviews from the Firm’s drill applications and famous that there have been no points that arose which might have an effect on confidence with the assay knowledge. 

Assays and High quality Assurance/High quality Management

To make sure dependable pattern outcomes, the Firm has a rigorous QA/QC program in place that screens the chain-of-custody of samples and contains the insertion of blanks and licensed reference requirements at statistically derived intervals inside every batch of samples. Core is photographed and break up in half with one-half retained in a secured facility for verification functions. Drill core samples submitted for evaluation had a minimal weight of 0.6 lb (0.3 kg) and a most weight of 6.0 lb (2.7 kg), with a mean weight of three.6 lb (1.6 kg). Trench samples submitted for evaluation had a minimal weight of 4.2 lb (1.9 kg) and a most weight of 26.2 lb (11.9 kg), with a mean weight of 6.2 lb (13.6 kg).

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Evaluation has been carried out at SGS Canada Inc. (“SGS”) an impartial ISO/IEC accredited lab. Pattern preparation (crushing and pulverizing) and complete graphitic carbon evaluation has been accomplished at SGS Lakefield, Ontario, Canada. SGS prepares a pulp of all samples and sends the pulps to their analytical laboratory in Burnaby, B.C., Canada for multielement evaluation. SGS analyzes the pulp pattern by leach and IR combustion for complete graphitic carbon (GC_CSA05V) and aqua regia digestion (GE-ICP21B20 for 34 parts) with an ICP – OES end together with Cu (copper), Pb (lead), and Zn (zinc). All samples by which Cu (copper), Pb (lead), or Zn (zinc) are higher than 10,000 ppm are re-run utilizing aqua regia digestion (GO_ICP21B100) with the weather reported in proportion (%).

The Firm has not recognized any drilling, sampling, restoration, or different elements that might materially have an effect on the accuracy or reliability of the information set out on this information launch. True widths of the mineralized zones described on this information launch are usually not presently identified.

About Titan Mining Company

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Titan is an Augusta Group firm which produces zinc focus at its 100%-owned Empire State Mine positioned in New York state. Titan is constructed for development, targeted on worth and dedicated to excellence. For extra data on the Firm, please go to our web site at www.titanminingcorp.com.

Contact
For additional data, please contact:
Investor Relations: E-mail: information@titanminingcorp.com

Cautionary Be aware Concerning Ahead-Wanting Data

Sure statements and data contained on this new launch represent “forward-looking statements”, and “forward-looking data” inside the which means of relevant securities legal guidelines (collectively, “forward-looking statements”). These statements seem in various locations on this information launch and embody statements relating to our intent, or the beliefs or present expectations of our officers and administrators, together with future exploration plans on the Kilbourne goal and plans for future testing to guage processing choices. When used on this information launch phrases resembling “to be”, “will”, “deliberate”, “anticipated”, “potential”, and comparable expressions are meant to determine these forward-looking statements. Though the Firm believes that the expectations mirrored in such forward-looking statements and/or data are cheap, undue reliance shouldn’t be positioned on forward-looking statements for the reason that Firm may give no assurance that such expectations will show to be appropriate. These statements contain identified and unknown dangers, uncertainties and different elements which will trigger precise outcomes or occasions to differ materially from these anticipated in such forward-looking statements, together with the dangers, uncertainties and different elements recognized within the Firm’s periodic filings with Canadian securities regulators. Such forward-looking statements are based mostly on numerous assumptions, together with assumptions made with regard to the power to advance exploration efforts at ESM; the outcomes of such exploration efforts;; the power to safe sufficient financing (as wanted); the Firm sustaining its present technique and targets; and the Firm’s capability to realize its development targets. Whereas the Firm considers these assumptions to be cheap, based mostly on data at present accessible, they might show to be incorrect. Besides as required by relevant regulation, we assume no obligation to replace or to publicly announce the outcomes of any change to any forward-looking assertion contained herein to mirror precise outcomes, future occasions or developments, adjustments in assumptions or adjustments in different elements affecting the forward-looking statements. If we replace any a number of forward-looking statements, no inference must be drawn that we’ll make extra updates with respect to these or different forward-looking statements. Readers shouldn’t place undue significance on forward-looking statements and shouldn’t depend on these statements as of every other date. All forward-looking statements contained on this information launch are expressly certified of their entirety by this cautionary assertion.

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