VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI, OTCQB: TIMCF) (“Titan” or the “Company”) is pleased to announce the successful completion of its maiden mineral resource estimate (“MRE”) for the Kilbourne Graphite Project, located within the mining permit boundary at its 100% owned Empire State Mine (“ESM”) located in St Lawrence County in New York State.
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VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI, OTCQB: TIMCF) (“ Titan ” or the “ Company ”) is pleased to announce the successful completion of its maiden mineral resource estimate (“MRE”) for the Kilbourne Graphite Project, located within the mining permit boundary at its 100% owned Empire State Mine (“ESM”) located in St Lawrence County in New York State. Highlights: An open-pit constrained inferred mineral resource estimate of 22 million US short tons (“tons”) at an average grade of 2.
91% (Cg) containing 653,000 tons of graphite, based on a cut-off grade of 1.50% Maiden mineral resource estimate based on 45 diamond drill holes totaling 29,699 ft completed as Phase I drilling The Phase I drilling and maiden mineral resource estimate represents a small subset of the total graphite bearing unit identified through surface mapping and historical drilling Maiden mineral resource estimate based on strike length of 7,000 ft of a total strike length of 25,000 ft. Potential for mineral resource expansion along strike and down dip, almost entirely hosted within the existing active use permit, part of the over 80,000 acres of mineral rights controlled by the company in St.
Lawrence County, NY Kilbourne is targeted to be fast-tracked to commercial production to secure the preferred US domestic supply chain, given its unique advantage of having existing infrastructure and operational talent at ESM Metallurgical test .
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