Quincy Mine No. 2 Shaft Hoist House

Titan Reports 2022 Record Year in Production and Cash Flow

Retrieved on: 
Monday, April 3, 2023
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Waste development continued to advance on the New Fold and Mahler ramp systems to access high grade material that was mined in the fourth quarter of 2022 and will continue to supplement production well into 2023.

Key Points: 
  • Waste development continued to advance on the New Fold and Mahler ramp systems to access high grade material that was mined in the fourth quarter of 2022 and will continue to supplement production well into 2023.
  • The long hole stoping program for New Fold commenced in the fourth quarter of 2022 and will provide higher grade ore to the mill throughout 2023.
  • Surface exploration in 2022 was split between near mine resource expansion and delineation, and regional greenfields and brownfields exploration.
  • Net debt is calculated as the sum of the current and non-current portions of long-term debt, net of the cash and cash equivalent balance as at the balance sheet date.

Titan Announces Record Production, Permit Approvals and Expansion Plans

Retrieved on: 
Wednesday, January 25, 2023
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Accordingly, these financial measures are not standardized financial measures under IFRS and might not be comparable to similar financial measures disclosed by other issuers.

Key Points: 
  • Accordingly, these financial measures are not standardized financial measures under IFRS and might not be comparable to similar financial measures disclosed by other issuers.
  • Surface and underground diamond drilling will continue to add confidence to each zone while development continues.
  • The Company will purchase several pieces of equipment including loaders, trucks, and jumbos for the Sphaleros project.
  • 1 Comprised of measured mineral resources of 7.0M contained pounds grading 3.34% zinc and indicated mineral resources of 36.8M contained pounds grading 3.09% zinc.

Titan Receives Permit for Open Pit Mine

Retrieved on: 
Tuesday, September 6, 2022
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VANCOUVER, British Columbia, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Titan Mining Corporation(TSX: TI) (Titan or the "Company") announces that its Empire State Mines (ESM) has received the permit from New York State Department of Environment and Conservation (NYSDEC), allowing it to begin mining activities on the Sphaleros open pit mine project.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Titan Mining Corporation(TSX: TI) (Titan or the "Company") announces that its Empire State Mines (ESM) has received the permit from New York State Department of Environment and Conservation (NYSDEC), allowing it to begin mining activities on the Sphaleros open pit mine project.
  • With this permit in hand, ESM is moving immediately to complete construction of a 1.8 mile haul road from the Sphaleros project to the existing mill facility and start waste stripping and site preparation around the open pits.
  • Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York state.
  • You should not place undue importance on forward-looking statements and should not rely upon these statements as of any other date.