US Market News
1週前
BTV Visits: Calian Group, NevGold, Verdera, Jindalee, & Titan MiningMay 27, 2026 12:00 PM
NewsfileWatch on BNN Bloomberg national
Wednesday, May 27 at 7:30 PM EST & Saturday, May 30 at 8 PM EST Tune into BTV and Discover Investment Opportunities. Vancouver, British Columbia--(Newsfile Corp. - May 27, 2026) - As global demand for critical minerals, energy security, and strategic technologies continues to evolve, BTV - Business Television highlights companies advancing domestic supply chains, defense capabilities, resource development, and long-term investment opportunities across North America and global markets.[Suppressed Sound Link]Cannot view this video? Visit:
www.b-tv.com/post/btv-visits-calian-group-nevgold-verdera-jindalee-titan-mining-btv-403Calian Group Ltd. (TSX: CGY) - Canada's growing focus on defense and domestic procurement is creating new opportunities across military, cyber, health, and space technologies. With long-standing relationships across Canadian and NATO markets, Calian Group is expanding its presence through integrated defense solutions, international growth, and strategic acquisitions supporting long-term contract visibility.NevGold Corp. (TSXV: NAU) (OTCQX: NAUFF) - A strategic U.S. antimony opportunity is beginning to emerge in Nevada. NevGold is advancing its past-producing project with near-surface antimony potential tied to historical gold operations, positioning the company within the growing push for domestic critical mineral supply chains alongside continued exposure to gold exploration and development.Verdera Energy Corp. (TSXV: V) (OTCQB: VUECF) - A large-scale domestic uranium opportunity is taking shape in New Mexico. Verdera Energy is advancing a portfolio of ISR-amenable uranium projects supported by 88 million pounds of known and historic resources, positioning the company within the growing push to strengthen U.S. nuclear fuel supply chains and long-term energy security.Jindalee Lithium (ASX: JLL) (OTCQX: JNDAF) and US Elemental - As the U.S. pushes to secure domestic battery material supply, Jindalee Lithium and proposed U.S.-listed entity US Elemental are advancing a large-scale lithium development opportunity along the Oregon-Nevada border. Backed by one of the largest lithium resources being developed in North America, the project is positioning within the growing strategic focus on domestic electrification infrastructure and long-term critical mineral security.Titan Mining Corporation (TSX: TI) (NYSE American: TII) - A domestic critical minerals strategy is beginning to take shape. Titan Mining is expanding beyond zinc production through U.S.-based graphite processing and future germanium recovery potential tied to its New York operations, positioning the company within the growing push for secure North American supply chains.BMO ETFs - Simplicity and diversification remain central themes for RRSP investors. BMO ETFs highlights its all-in-one asset allocation ETFs as a streamlined approach to long-term investing, combining global equity and fixed income exposure within a single solution designed to align with varying risk profiles and retirement goals.And CEO Clips on: Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) - A historic South Carolina gold mine is being explored for deeper copper-gold discovery potential. Carolina Rush is advancing the Brewer Gold Mine through a fully funded drill program beneath an existing gold resource.Evolve Royalties Corp. (CSE: EVR) (OTCQX: EVRYF) - Exposure to critical minerals without direct mining risk is becoming an increasingly watched strategy. Evolve Royalties is building a diversified royalty portfolio focused on copper, lithium, graphite, and rare earth projects tied to the growing demand for electrification and energy transition materials.About BTV - Business Television / BTV The Agency:For 28 years, BTV - Business Television has been the go-to half-hour investment show for savvy investors, delivering exclusive on-location interviews and actionable insights with emerging companies, industry leaders, and market experts. Hosted by Taylor Thoen and Jessica Katrichak, BTV provides investors with direct access to executive teams and compelling investment opportunities not found anywhere else.Discover Investment Opportunities.Watch BTV Episode; BROADCAST NETWORKS and TIMES: CANADA:
Airing on BNN Bloomberg!Wednesday, May 27 @ 7:30pm ETSaturday, May 30 @ 8:00pm ET US National TV:
Biz Television Network - Sun, May 31 @ 1:00pm ETMon, June 1 @ 8:30am ETTues, June 2 @ 8:30pm ET & 11:30pm ETFri, June 5 @ 6:30am ETBTV The Agency is a capital markets-focused TV production and digital marketing agency serving publicly traded and financial companies. Through strategic content creation and extensive distribution across top-tier networks including Bloomberg, CNBC, FOX Business News, and leading financial platforms, the agency helps companies reach investors, advisors, and institutions-building brand credibility and driving national retail and institutional investor awareness.Take action now: Know a company investors should be watching?
Put them in front of thousands of active investors on BTV.Contact us directly at (604) 664-7401 or info@b-tv.com. Don't miss a beat—stay informed and ahead of the market by subscribing to BTV news today.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298995 Original: BTV Visits: Calian Group, NevGold, Verdera, Jindalee, & Titan Mining
Oleblue
7月前
Titan Mining Finds Significant Concentrations of Germanium at its Empire State Mine in New York
Discovery of the mineral expands Titan’s Empire State Mine into a Growing Critical Metals Complex
Gouverneur, NY – October 20, 2025 – Titan Mining Corporation (TSX: TI; OTCQB: TIMCF) (“Titan” or the “Company”), an existing zinc concentrate producer in upstate New York and an emerging natural flake graphite producer, a key component in the broader rare earths and critical minerals ecosystem, today announced the discovery of significant concentrations of germanium (“Ge”) within existing process streams at its wholly owned Empire State Mine (“ESM”) in St. Lawrence County, New York.
Germanium, a U.S.-designated critical mineral, is essential to semiconductors, fiber optics, night-vision systems, and clean-energy technologies—industries for which the United States relies almost entirely on imports.
Key Highlights
Germanium identified in existing zinc-processing circuit—no new mining required.
Initial sampling of the plant feed graded 21 g/t germanium, which was enriched to 77 g/t in the pre-float stream, where the material is more concentrated. The ESM plant has an annual plant feed of 474,000 mt.
Germanium prices are approximately US$6,000/kg, with global supply dominated by China.
Potential to satisfy a substantial portion of U.S. germanium demand through recovery from existing material streams.
Potential recovery enabled through Titan’s existing processing infrastructure, minimizing additional capital requirements.
“Germanium represents an exciting new value driver for Titan and a strategic asset for the United States,” said Rita Adiani, President and CEO of Titan Mining. “Leveraging our existing operations at Empire State Mine allows us to accelerate development at minimal cost while contributing to a stronger, more resilient U.S. critical minerals supply chain.”
Next Steps
Plant Survey: Titan completed a four-week survey, collecting daily samples from 11 areas of its processing circuit to measure germanium levels. The results will show where germanium is found in the system and guide further testing.
Test Program: The Company has started focused test work to determine the best and most cost-effective way to recover germanium from existing zinc operations. This includes detailed mineral analysis and trials of different recovery methods to produce a high-grade product or concentrate.
Resource Consistency: Ongoing sampling is confirming that germanium is consistently present throughout the remaining zinc resource.
About Germanium
Germanium is a rare, silver-gray element essential to defense and advanced-technology systems. It is used in:
Infrared optics and thermal-imaging devices for military night-vision, surveillance, and targeting systems.
Satellite solar cells and high-frequency electronics critical to aerospace and communications.
Semiconductors and fiber-optic cables used in high-speed computing and secure data networks.
As germanium is a key material in modern warfare and intelligence technologies, the U.S. Department of War classifies it as a critical mineral vital to national security. The United States currently imports nearly all its germanium—with a major share sourced from China and Russia—making Titan’s discovery in New York a potential first step toward restoring a secure, domestic supply.
Scientific and Technical Validation
The scientific and technical information in this news release has been reviewed and approved by Mr. Oliver Peters, a Principal Metallurgist and President of Metpro Management Inc., with over 25 years of mineral processing experience. He is a Qualified Person within the meaning of NI 43-101 and is independent of the Company. The initial sampling was based on approximately 5,400 mt of plant feed. Mr. Peters is satisfied that the metallurgical testing procedures and associated assay methods used are standard industry operating procedures and methodologies. He has reviewed, approved and verified the technical information disclosed in this news release, including analytical and test data underlying the technical information.
About Titan Mining Corporation
Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York state. Titan is also an emerging natural flake graphite producer and targeting to be the USA’s first end to end producer of natural flake graphite in 70 years. Titan’s goal is to deliver shareholder value through operational excellence, development and exploration. We have a strong commitment towards developing critical minerals assets which enhance the security of the domestic supply chain. For more information on the Company, please visit our website at www.titanminingcorp.com
Media & Investor Contact
Irina Kuznetsova
Director, Investor Relations
Phone: (778) 870-7735
Email: info@titanminingcorp.com
Cautionary Note Regarding Forward-Looking Information
Certain statements and information contained in this new release constitute "forward-looking statements", and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"). These statements appear in a number of places in this news release and include statements regarding our intent, or the beliefs or current expectations of our officers and directors, including the potential to satisfy a substantial portion of U.S. germanium demand through recovery from existing material streams; potential recovery enabled through Titan’s existing processing infrastructure, minimizing additional capital requirements; leveraging our existing operations at Empire State Mine allows us to accelerate development at minimal cost while contributing to a stronger, more resilient U.S. critical minerals supply chain; and Titan’s discovery in New York being a potential first step toward restoring a secure, domestic supply of germanium. When used in this news release words such as “to be”, "will", "planned", "expected", "potential", and similar expressions are intended to identify these forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the Company can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to vary materially from those anticipated in such forward-looking statements, including risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of zinc and graphite; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in New York State; risks due to legal proceedings; risks that the Company will not qualify for NYSE listing; financing approval risks; and risks related to operation of mining projects generally and the risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators. Such forward-looking statements are based on various assumptions, including assumptions made with regard to our forecasts and expected cash flows; our projected capital and operating costs; our expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mining activities will remain consistent; our approved business plans; our mineral resource estimates and results of our technical studies; our experience with regulators; political and social support of the mining industry in New York State; our experience and knowledge of the New York State mining industry and our expectations of economic conditions and the price of zinc and graphite; demand for graphite; exploration results; the ability to secure adequate financing (as needed); the Company maintaining its current strategy and objectives; assumptions that the Company will qualify for NYSE American listing; assumptions that the Company and EXIM will agree to financing terms; and the Company’s ability to achieve its growth objectives. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Except as required by applicable law, we assume no obligation to update or to publicly announce the results of any change to any forward-looking statement contained herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements. If we update any one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. You should not place undue importance on forward-looking statements and should not rely upon these statements as of any other date. All forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
https://titanminingcorp.com/news/news-releases/titan-mining-finds-significant-concentrations-of-germanium--at-its-empire-state-mine-in-new-york
Daily Chart
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Oleblue
7月前
Titan to Start Natural Graphite Production Amid Rising Global Supply Constraints at Empire State Mines in New York
October 14, 2025
Titan Positions Itself as a U.S. Leader in Natural Graphite Production With New Restrictions on Graphite & Rare Earth Exports from China
Gouverneur, NY, October 14, 2025 – Titan Mining Corporation (TSX:TI, OTCQB: TIMCF), (“Titan” or the “Company”) is pleased to announce that it is on track to commence production of graphite concentrate at its Empire State Mines (“ESM”) — making Titan the only natural flake graphite company positioned for near-term production in the United States.
“China’s decision to tighten graphite exports underscores the importance of having a secure domestic supply of natural graphite,” said Rita Adiani, President & CEO of Titan. “Natural graphite touches every strategic sector—from defense to energy to AI data centers—and the U.S. currently produces none of it. Titan is changing that by re-establishing natural flake graphite production and high-purity graphite processing here at home to support the technologies and systems that keep America strong.”
Titan’s integrated demonstration facility will produce natural flake graphite in micronized and high-purity forms sourced from Titan’s wholly owned Kilbourne deposit, located immediately adjacent to ESM. This program is designed to confirm commercial-scale recoveries, refine the flowsheet, and generate offtake samples for North American and allied defense, energy, and industrial customers.
This milestone comes as the People’s Republic of China tightens previously announced export restrictions on critical minerals—first on rare earths under MOFCOM Announcement No. 61 (2025) followed closely by expanded controls on artificial graphite and blended anode materials under MOFCOM Announcement No. 58 (2025)—a move expected to further tighten global supply of both synthetic and natural graphite feedstocks. The new restrictions underscore the strategic importance of Titan’s progress in establishing a secure, fully domestic graphite supply chain critical to U.S. defense readiness.
Titan is supported by the U.S. Export-Import Bank, which is the Company’s existing lender and has provided a Letter of Interest for up to US $120 million in financing under its Make More in America initiative for Titan’s commercial graphite facility. The Company continues to collaborate with the U.S. Department of War and U.S. Department of Energy on various other funding opportunities.
Building on its successful demonstration phase, Titan is targeting ramp-up to a 40,000-tonne-per-year commercial graphite facility, which would be capable of supplying approximately half of current U.S. natural graphite demand—positioning Titan as the cornerstone of America’s re-emerging graphite supply chain.
About Titan Mining Corporation
Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York state. Titan is also an emerging natural flake graphite producer and targeting to be the USA’s first end to end producer of natural flake graphite in 70 years. Titan’s goal is to deliver shareholder value through operational excellence, development and exploration. We have a strong commitment towards developing critical minerals assets which enhance the security of the domestic supply chain. For more information on the Company, please visit our website at www.titanminingcorp.com
Media & Investor Contact
Irina Kuznetsova
Director, Investor Relations
Phone: (778) 870-7735
Email: info@titanminingcorp.com
Cautionary Note Regarding Forward-Looking Information
Certain statements and information contained in this new release constitute "forward-looking statements", and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"). These statements appear in a number of places in this news release and include statements regarding our intent, or the beliefs or current expectations of our officers and directors, including Titan to start natural graphite production; the integrated demonstration facility will produce natural flake graphite in micronized and high-purity forms sourced from Titan’s wholly owned Kilbourne deposit; the program will confirm commercial-scale recoveries, refine the flowsheet, and generate offtake samples for North American and allied defense, energy, and industrial customers; the People’s Republic of China’s tightening of previously announced export restrictions on critical minerals is expected to further tighten global supply of both synthetic and natural graphite feedstocks; Titan securing up to US$120 million in financing from U.S. Export-Import Bank for Titan’s commercial graphite facility; funding opportunities with the U.S. Department of War and U.S. Department of Energy; Titan is targeting ramp-up to a 40,000-tonne-per-year commercial facility, which would be capable of supplying approximately half of current U.S. natural graphite demand—positioning Titan as the cornerstone of America’s re-emerging graphite supply chain. When used in this news release words such as “to be”, "will", "planned", "expected", "potential", and similar expressions are intended to identify these forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the Company can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to vary materially from those anticipated in such forward-looking statements, including risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of zinc and graphite; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in New York State; risks due to legal proceedings; risks that the Company will not qualify for NYSE listing; financing approval risks; and risks related to operation of mining projects generally and the risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators. Such forward-looking statements are based on various assumptions, including assumptions made with regard to our forecasts and expected cash flows; our projected capital and operating costs; our expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mining activities will remain consistent; our approved business plans; our mineral resource estimates and results of our technical studies; our experience with regulators; political and social support of the mining industry in New York State; our experience and knowledge of the New York State mining industry and our expectations of economic conditions and the price of zinc and graphite; demand for graphite; exploration results; the ability to secure adequate financing (as needed); the Company maintaining its current strategy and objectives; assumptions that the Company will qualify for NYSE American listing; assumptions that the Company and EXIM will agree to financing terms; and the Company’s ability to achieve its growth objectives. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Except as required by applicable law, we assume no obligation to update or to publicly announce the results of any change to any forward-looking statement contained herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements. If we update any one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. You should not place undue importance on forward-looking statements and should not rely upon these statements as of any other date. All forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
https://titanminingcorp.com/news/news-releases/titan-to-start-natural-graphite-production-amid-rising-global-supply-constraints-at--empire-state-mines-in-new-york
Oleblue
7月前
Titan Mining Receives Financing Interest of up to US$120 Million from U.S. EXIM Bank for Kilbourne Graphite Project
October 7, 2025
Gouverneur, NY, October 7, 2025 – Titan Mining Corporation (TSX:TI, OTCQB: TIMCF), (“Titan” or the “Company”) an existing zinc concentrate producer in upstate New York and an emerging natural flake graphite producer, is pleased to announce that the Export-Import Bank of the United States (“EXIM”) has expressed financing interest of up to US$120 million under its “Make More in America” (“MMIA”) initiative for the construction of Titan’s wholly owned Kilbourne Graphite Project in St. Lawrence County, New York.
In parallel with EXIM’s MMIA process, Titan continues to collaborate with the Administration and other U.S. Government Agencies such as the Department of War and the Department of Energy on opportunities for coordinated participation in Titan’s critical-minerals plan through strategic funding, inclusion as a key stakeholder and policy programs incentivizing domestic production and secure resilient supply chains.
A finalized commitment package of this amount from EXIM would potentially represent a substantial portion of the capital required to construct the Kilbourne Project, providing a clear path to development that leverages federal partnership support and Titan’s strong operating cash flow from its Empire State Mines zinc operations. The Company expects the overall financing structure to be highly capital-efficient for shareholders.
EXIM issued a Letter of Interest (“LI”) recognizing the Kilbourne Project as a strategic U.S. critical-minerals asset aligned with national priorities that will create high-quality American jobs and strengthen U.S. supply chain resilience. The potential financing would support construction of Titan’s planned 40,000-tonne-per-year commercial natural flake graphite facility adjacent to its operating Empire State Mines zinc complex.
Under the indicative terms, EXIM would consider recommending a direct loan of up to US$120 million with a repayment tenor of approximately 12 years, including an interest-only period. The loan would reference the Commercial Interest Reference Rate (CIRR), currently around 5.0%, and would be subject to EXIM’s standard due diligence, environmental, and policy review processes prior to final Board approval.
Rita Adiani, President & CEO of Titan Mining, commented:
“We are proud to expand our partnership with EXIM as we advance the Kilbourne Graphite Project—an asset that will create high-quality U.S. jobs, strengthen critical-mineral supply chains, and position Titan as the leading fully integrated natural flake graphite producer in the United States. This Letter of Interest marks a major milestone toward securing long-term, competitive-rate financing for project development as we continue to prioritize capital efficiency and disciplined balance sheet management supporting any construction decision at the Kilbourne Project.”
EXIM’s MMIA initiative supports domestic manufacturing and critical-infrastructure investments that enhance U.S. competitiveness, job creation, and export potential. Titan previously received EXIM support for expansion of its Empire State Mines zinc operations, underscoring the Company’s track record in successfully partnering with federal agencies to deliver strategic projects in New York State.
The EXIM Letter of Interest (issued prior to the government shutdown)1 is non-binding and does not represent a financing commitment. Titan will continue to work closely with EXIM’s MMIA team to advance due diligence and structure a definitive financing package for the Kilbourne Project in the months ahead.
About Titan Mining Corporation
Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York state. Titan is also an emerging natural flake graphite producer and targeting to be the USA’s first end to end producer of natural flake graphite in 70 years. Titan’s goal is to deliver shareholder value through operational excellence, development and exploration. We have a strong commitment towards developing critical minerals assets which enhance the security of the domestic supply chain. For more information on the Company, please visit our website at www.titanminingcorp.com
Media & Investor Contact
Irina Kuznetsova
Director, Investor Relations
Phone: (778) 870-7735
Email: info@titanminingcorp.com
Cautionary Note Regarding Forward-Looking Information
Certain statements and information contained in this new release constitute "forward-looking statements", and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"). These statements appear in a number of places in this news release and include statements regarding our intent, or the beliefs or current expectations of our officers and directors, including Titan obtaining financing from EXIM for up to US$120 million; potential construction of the Kilbourne Graphite Project; Titan continues to collaborate with other U.S. government agencies and the Administration on opportunities for coordinated participation in Titan’s critical-minerals plan through strategic funding, inclusion as a key stakeholder and policy programs incentivizing domestic production and secure resilient supply chains; a finalized commitment package of this amount from EXIM would potentially represent a substantial portion of the capital required to construct the Kilbourne Project, providing a clear path to development that leverages federal partnership support and Titan’s strong operating cash flow from its Empire State Mines zinc operations; the Company expects the overall financing structure to be highly capital-efficient for shareholders; the Kilbourne project will create high-quality American jobs and strengthen U.S. supply chain resilience; the potential financing would support construction of Titan’s planned 40,000-tonne-per-year commercial natural flake graphite facility adjacent to its operating Empire State Mines zinc complex; terms of the potential financing; the Kilbourne Graphite Project will create high-quality U.S. jobs, strengthen critical-mineral supply chains, and position Titan as the leading fully integrated natural flake graphite producer in the United States. When used in this news release words such as “to be”, "will", "planned", "expected", "potential", and similar expressions are intended to identify these forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the Company can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to vary materially from those anticipated in such forward-looking statements, including risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of zinc and graphite; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in New York State; risks due to legal proceedings; risks that the Company will not qualify for NYSE listing; financing approval risks; and risks related to operation of mining projects generally and the risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators. Such forward-looking statements are based on various assumptions, including assumptions made with regard to our forecasts and expected cash flows; our projected capital and operating costs; our expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mining activities will remain consistent; our approved business plans; our mineral resource estimates and results of the PEA; our experience with regulators; political and social support of the mining industry in New York State; our experience and knowledge of the New York State mining industry and our expectations of economic conditions and the price of zinc and graphite; demand for graphite; exploration results; the ability to secure adequate financing (as needed); the Company maintaining its current strategy and objectives; assumptions that the Company will qualify for NYSE American listing; assumptions that the Company and EXIM will agree to financing terms; and the Company’s ability to achieve its growth objectives. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Except as required by applicable law, we assume no obligation to update or to publicly announce the results of any change to any forward-looking statement contained herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements. If we update any one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. You should not place undue importance on forward-looking statements and should not rely upon these statements as of any other date. All forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
https://titanminingcorp.com/news/news-releases/titan-mining-receives-financing-interest-of-up-to-us120-million-from-us-exim-bank-for-kilbourne-graphite-project
Oleblue
7月前
Titan Mining Announces Commissioning Readiness of U.S. Graphite Facility With Support From Federal and State Leaders
September 16, 2025
New York project marks a pivotal step toward U.S. graphite independence and the first integrated domestic supply chain in more than 70 years
Gouverneur, NY, September 16, 2025 – Titan Mining Corporation (TSX:TI, OTCQB: TIMCF), (“Titan” or the “Company”) an existing zinc concentrate producer in upstate New York and an emerging natural flake graphite producer, announced today that federal and state leaders visited its graphite demonstration facility at Empire State Mines (ESM) in St. Lawrence County, New York, ahead of commissioning. The Company will commence commissioning in the coming weeks, a major milestone toward building America’s first integrated graphite supply chain in more than 70 years, with products targeted for use in the battery, defense and industrial sectors.
Congresswoman Elise Stefanik (NY-21), New York State Assemblyman Ken Blankenbush (AD-117), and New York State Senator Mark Walczyk (SD-49) toured the facility on Friday, September 12, underscoring the project’s significance for both regional economic development and national security.
The facility, co-located with Titan's operating zinc mill, will validate downstream processing of natural flake graphite from the Company's Kilbourne Graphite Project and enable the Company to pursue qualification of products with U.S. industrial, defense, and energy customers. Commissioning is targeted for completion in Q4 2025, with customer qualification beginning in Q1 2026.
"It is an honor to attend Titan Mining's new graphite facility in Gouverneur," said Chairwoman Stefanik. "This project reflects the best of our community: hardworking people, innovative companies, and partners who believe in the North Country. I’m proud that St. Lawrence County is a growth opportunity for American industry and world-class craftsmanship. Graphite is a critical mineral for everything from advanced manufacturing to next-generation energy storage. American-produced graphite reduces our dependence on foreign supply, bolsters national security, and proves that Upstate New York can lead the way in building what America needs. This is a critical resource for our national security and I will be utilizing my senior position on the House Armed Services Committee to continue to support this critical mining facility."
Senator Mark Walczyk added: “Titan is leading the way in returning critical mineral processing to U.S. soil. The commissioning of this facility is great news for St. Lawrence County, New York State, and the country.”
Assemblyman Ken Blankenbush noted: “This project blends the North Country’s strong mining heritage with new opportunities in advanced materials. Commissioning is an exciting step forward for workers, families, and communities across our region.”
"Today marks a pivotal moment for U.S. graphite independence. We have fast-tracked the construction of the facility which represents a critical step toward establishing a secure, domestic supply of graphite in the United States,” said Rita Adiani, President and CEO of Titan. “By leveraging the existing infrastructure at Empire State Mines, we are able to advance this project in a capital-efficient way while creating high-quality jobs in the longer term in New York's North Country."
Strategic Rationale:
Made-in-America supply: Establishes a U.S. pathway for natural flake graphite products essential to defense, aerospace, industrial, and energy markets.
Capital-efficient build-out: Co-located at ESM to utilize established utilities, permitting footprint, and skilled workforce.
Customer qualification focus: Supports rapid feedback loops with customers ahead of commercial scale-up.
Regional economic development: Creates high-quality jobs in the longer term and positions St. Lawrence County as a leader in the critical minerals supply chain
About Titan Mining Corporation
Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York state. Titan is also an emerging natural flake graphite producer and targeting to be the USA’s first end to end producer of natural flake graphite in 70 years. Titan’s goal is to deliver shareholder value through operational excellence, development and exploration. We have a strong commitment towards developing critical minerals assets which enhance the security of the domestic supply chain. For more information on the Company, please visit our website at www.titanminingcorp.com
Media & Investor Contact
Irina Kuznetsova
Director, Investor Relations
Phone: (778) 870-7735
Email: info@titanminingcorp.com
Cautionary Note Regarding Forward-Looking Information
Certain statements and information contained in this new release constitute "forward-looking statements", and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"). These statements appear in a number of places in this news release and include statements regarding our intent, or the beliefs or current expectations of our officers and directors, including that the Company will commence commissioning in the coming weeks; Titan is building America’s first integrated graphite supply chain in more than 70 years, with products targeted for use in the battery, defense and industrial sectors; the facility will validate downstream processing of natural flake graphite from the Company's Kilbourne Graphite Project and enable the Company to pursue qualification of products with U.S. industrial, defense, and energy customers; commissioning is targeted for completion in Q4 2025, with customer qualification beginning in Q1 2026; Chairwoman Stefanik will be utilizing her senior position on the House Armed Services Committee to continue to support this critical mining facility; by leveraging the existing infrastructure at Empire State Mines, we are able to advance this project in a capital-efficient way while creating high-quality jobs in the longer term in New York's North Country; establishes a U.S. pathway for natural flake graphite products essential to defense, aerospace, industrial, and energy markets. When used in this news release words such as “to be”, "will", "planned", "expected", "potential", and similar expressions are intended to identify these forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the Company can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to vary materially from those anticipated in such forward-looking statements, including risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of zinc and graphite; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in New York State; risks due to legal proceedings; and risks related to operation of mining projects generally and the risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators. Such forward-looking statements are based on various assumptions, including assumptions made with regard to our forecasts and expected cash flows; our projected capital and operating costs; our expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mining activities will remain consistent; our approved business plans; our mineral resource estimates and results of the PEA; our experience with regulators; political and social support of the mining industry in New York State; our experience and knowledge of the New York State mining industry and our expectations of economic conditions and the price of zinc and graphite; demand for graphite; exploration results; the ability to secure adequate financing (as needed); the Company maintaining its current strategy and objectives; and the Company’s ability to achieve its growth objectives. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Except as required by applicable law, we assume no obligation to update or to publicly announce the results of any change to any forward-looking statement contained herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements. If we update any one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. You should not place undue importance on forward-looking statements and should not rely upon these statements as of any other date. All forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
https://titanminingcorp.com/news/news-releases/titan-mining-announces-commissioning-readiness-of-us-graphite-facility-with-support-from-federal-and-state-leaders
Oleblue
7月前
Titan Mining Announces NYSE American Listing Plans and New Executive Appointments
September 8, 2025
Appoints President Rita Adiani as CEO in latest move towards becoming US’s first fully integrated natural flake graphite producer in 70 years
Gouverneur, NY, September 8, 2025 – Titan Mining Corporation (TSX:TI, OTCQB: TIMCF), (“Titan” or the “Company”) which produces zinc concentrate at its 100%-owned Empire State Mine and is also an emerging natural flake graphite producer, today announced plans to pursue a listing on the NYSE American as part of its U.S. growth strategy.
Additionally, the Company has promoted Rita Adiani to Chief Executive Officer, effective immediately. Ms. Adiani will also continue in her role as President and joins the Board of Directors. She succeeds Don Taylor, who will transition to Vice Chair of the Board, ensuring continuity and providing technical oversight. Titan also appointed Jenny Hood as Vice President, Commercial and Sales, and Irina Kuznetsova as Director, Investor Relations.
Ms. Adiani has been President of Titan since October 2024 and brings more than 19 years of international mining industry experience spanning operations, development projects, investment banking, private equity and law. She has held senior leadership roles across listed companies and private ventures and has been instrumental in raising over US$10 billion in public equity and M&A transactions worldwide. As CEO, she will spearhead efforts to expand U.S. production of critical minerals in New York and advance Titan’s goal of becoming America’s first fully integrated natural flake graphite producer in more than 70 years.
Ms. Hood, the former Chief Supply Chain Officer at Compass Minerals, brings two decades of experience in commercial strategy and supply chain leadership. She has significant experience in carbon products and the government contracting process. Ms. Hood will lead Titan's graphite business development, focusing on customer acquisition and sales partnerships for Titan’s Kilbourne graphite project across battery, industrial, and defense markets. Ms. Kuznetsova, an MBA and CFA charterholder, joins with a proven record in investor relations at companies including Lundin Mining and Neo Performance Materials.
“Pursuing a U.S. listing alongside the leadership changes marks an important step in Titan’s evolution,” said Richard Warke, Executive Chairman of Titan. “On behalf of the Board, I am thrilled to announce Rita's promotion to CEO and welcome her to Titan's Board of Directors, a strategic leadership transition that positions Titan to accelerate value creation across our dual-commodity platform. The addition of Jenny and Irina further strengthens our management team with proven commercial and investor relations expertise. Don Taylor's transition to Vice Chair ensures continuity of technical excellence at Titan. I am thankful to Don for his time with Titan as CEO and contributing to the growth strategy.”
“I am honored to lead Titan at this inflection point. With strong zinc operations, a transformative graphite project, and growing government support for domestic mining, we are positioned to deliver value to shareholders and contribute to America’s critical minerals independence,” said Rita Adiani, President and Chief Executive Officer. “The addition of Jenny and Irina, combined with our planned NYSE American listing, gives us the team and platform to seize this opportunity and establish ourselves as the United States’ pre-eminent critical minerals platform.”
About Titan Mining Corporation
Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York state. Titan is also an emerging natural flake graphite producer and targeting to be the USA’s first end to end producer of natural flake graphite in 70 years. Titan’s goal is to deliver shareholder value through operational excellence, development and exploration. We have a strong commitment towards developing critical minerals assets which enhance the security of the domestic supply chain. For more information on the Company, please visit our website at www.titanminingcorp.com
Contact
For further information, please contact: Investor Relations: Email: info@titanminingcorp.com
Cautionary Note Regarding Forward-Looking Information
Certain statements and information contained in this new release constitute "forward-looking statements", and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"). These statements appear in a number of places in this news release and include statements regarding our intent, or the beliefs or current expectations of our officers and directors, including plans to pursue listing on the NYSE American; Don Taylor will transition to Vice Chair of the Board ensuring continuity and providing technical oversight; As CEO, Ms. Adiani will spearhead efforts to expand U.S. production of critical minerals in New York and advance Titan’s goal of becoming America’s first fully integrated natural flake graphite producer in more than 70 years; Ms. Hood will lead Titan's graphite business development, focusing on customer acquisition and sales partnerships for Titan’s Kilbourne graphite project across battery, industrial, and defense markets; that Titan will be positioned to accelerate value creation across our dual-commodity platform, deliver value to shareholders and contribute to America’s critical minerals independence; and that Titan will establish be able to establish itself as the United States’ pre-eminent critical minerals platform. When used in this news release words such as “to be”, "will", "planned", "expected", "potential", and similar expressions are intended to identify these forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the Company can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to vary materially from those anticipated in such forward-looking statements, including risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of zinc and graphite; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in New York State; risks due to legal proceedings; risks that the Company will not qualify for NYSE listing; and risks related to operation of mining projects generally and the risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators. Such forward-looking statements are based on various assumptions, including assumptions made with regard to our forecasts and expected cash flows; our projected capital and operating costs; our expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mining activities will remain consistent; our approved business plans; our mineral resource estimates and results of the PEA; our experience with regulators; political and social support of the mining industry in New York State; our experience and knowledge of the New York State mining industry and our expectations of economic conditions and the price of zinc and graphite; demand for graphite; exploration results; the ability to secure adequate financing (as needed); the Company maintaining its current strategy and objectives; assumptions that the Company will qualify for NYSE American listing; and the Company’s ability to achieve its growth objectives. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Except as required by applicable law, we assume no obligation to update or to publicly announce the results of any change to any forward-looking statement contained herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements. If we update any one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. You should not place undue importance on forward-looking statements and should not rely upon these statements as of any other date. All forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
https://titanminingcorp.com/news/news-releases/titan-mining-announces-nyse-american-listing-plans-and-new-executive-appointments
Oleblue
7月前
Titan Mining Graphite Testwork Demonstrates Product Meets Battery, Industrial and Defense Specifications
August 28, 2025
Independent Testing Confirms High-purity Natural Graphite from Titan’s Kilbourne Project in New York state
Gouverneur, New York, Vancouver, British Columbia – August 28, 2025 – Titan Mining Corporation (TSX: TI; OTCQB: TIMCF) (“Titan” or the “Company”) announced today positive results from independent downstream testing on natural flake graphite from its 100% owned Kilbourne graphite project located in St. Lawrence County, NY demonstrating that Kilbourne graphite can be transformed into multiple high-value product streams, supporting Titan’s strategy to unlock diversified revenue opportunities across multiple industry groups.
Key Results and Commercial Applications:
Battery Materials: Kilbourne graphite was successfully processed into spherical graphite (USPG) with 99.99% purity, high tap density, and favorable particle size distribution, confirming its suitability as anode material for lithium-ion batteries.
Industrial Products: Micronized and purified products achieved >99.9% purity, meeting specifications for refractories, lubricants, automotive, and specialty industrial markets that demand consistent quality and high performance.
Defense and Aerospace: Ultra-high purities and processing flexibility support potential qualification for military-specification (MiL-spec) materials, including applications in thermal management, composites, coatings, and defense-grade energy storage.
Don Taylor, CEO of Titan commented: “This is a key milestone as we advance toward becoming the first fully integrated U.S. producer of natural flake graphite in more than seventy years. These results confirm Kilbourne graphite can be processed into the high-purity products required for critical applications in aerospace, batteries, industrial and defense sectors.”
“By validating spherical, micronized, and purified graphite products, this testwork underscores Titan’s ability to serve multiple markets—from energy storage to defense-grade applications,” said Rita Adiani, President of Titan. “Equally important, Kilbourne strengthens U.S. supply chain security by reducing reliance on foreign graphite. These results enhance our commercial flexibility and reinforce the importance of our demonstration facility, which remains on track for commissioning later this year.”
Demonstration Facility Advancing
Titan is advancing construction of its graphite demonstration facility in St. Lawrence County. Approximately 70% of the equipment has been delivered and installation is underway. Commissioning expected in Q4 2025. The facility will validate the downstream flowsheet at scale and provide bulk product samples for customer qualification in the several sectors including, battery, industrial, and defense sectors.
Next Steps
Titan will continue downstream optimization and initiate electrochemical performance testing of its spherical graphite. Bulk samples produced from the demonstration facility are expected to be available for customer qualification and offtake discussions in late 2025.
Technical Summary Table
Product Type Key Metrics Purity (LOI) Commercial Relevance
Flotation Concentrate Overall grade 95.0% Cg; Medium flake (+150 µm) 96.8% Cg; Mid fraction (-150 +71 µm) 96.4% Cg; Fine (-71 µm) 93.6% Cg 95.0–96.8% Saleable / qualifiable as -100 mesh concentrate; suitable for refractories, foundry, lubricants, friction
Micronized Graphite (PMG D90-45, D90-15) D90 ~47 µm and ~17 µm ; Bulk densities after purification: ~292 g/L D90 ~ 47 µm, ~276 g/L D90 ~ 17 µm; Particle sizes within target specs 99.95–99.97% High-purity micronized products; specialty industrial markets; feedstock for SPG
Spherical Graphite (SPG18) D90 ~ 33 µm; D50 ~18 µm; D10 ~10 µm; ; Tap density 0.96 g/cm³; BET / SSA area 6.5 m²/g; Springback 4% 99.99% Meets anode-grade specifications for lithium-ion batteries
Impurity Removal Zn reduced from ~2,099 ppm (concentrate) to 1.1 ppm (SPG); Fe reduced from ~3,600 ppm to 11 ppm; Si reduced from ~7,000 ppm to 11 ppm >99.9% after purification Enables qualification for MiL-spec defense, aerospace, and advanced composites
Testing Conducted at ProGraphite GmbH in Germany– Kilbourne Graphite
Quality Assurance and Quality Control
All work and chemical analysis was conducted by ProGraphite GmbH in Germany, which is independent of the Company. The laboratory employs quality management systems that are in compliance with ISO 9001 standards, which ensures that the laboratory produces high-quality, accurate, and timely results. Equipment calibration using third-party standards are performed in prescribed intervals to ensure accuracy of the provided results. The QP is not aware of any factors that could materially affect the accuracy or reliability of the data referred to herein.
Qualified Person
The scientific and technical information in this news release has been reviewed and approved by Mr. Oliver Peters, a Principal Metallurgist and President of Metpro Management Inc., with over 25 years of mineral processing experience. He is a Qualified Person within the meaning of NI 43-101 and is independent of the Company. Mr. Peters is satisfied that the metallurgical testing procedures and associated assay methods used are standard industry operating procedures and methodologies. He has reviewed, approved and verified the technical information disclosed in this news release, including core sampling, analytical and test data underlying the technical information.
About Titan Mining Corporation
Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York state. Titan is also an emerging natural flake graphite producer and targeting to be the USA’s first end to end producer of natural flake graphite in 70 years. Titan’s goal is to deliver shareholder value through operational excellence, development and exploration. We have a strong commitment towards developing critical minerals assets which enhance the security of the domestic supply chain. For more information on the Company, please visit our website at www.titanminingcorp.com
Contact
For further information, please contact: Investor Relations: Email: info@titanminingcorp.com
Cautionary Note Regarding Forward-Looking Information
Certain statements and information contained in this new release constitute "forward-looking statements", and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"). These statements appear in a number of places in this news release and include statements regarding our intent, or the beliefs or current expectations of our officers and directors, including that Titan is advancing toward becoming the first fully integrated U.S. producer of natural flake graphite in more than seventy years; that our demonstration facility remains on track for commissioning later this year; the facility will validate the downstream flowsheet at scale and provide bulk product samples for customer qualification in the several sectors including, battery, industrial, and defense sectors; Titan will continue downstream optimization and initiate electrochemical performance testing of its spherical graphite; and that bulk samples produced from the demonstration facility are expected to be available for customer qualification and offtake discussions in late 2025.. When used in this news release words such as “to be”, "will", "planned", "expected", "potential", and similar expressions are intended to identify these forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the Company can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to vary materially from those anticipated in such forward-looking statements, including risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of zinc and graphite; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in New York State; risks due to legal proceedings; risks related to operation of mining projects generally and the risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators. Such forward-looking statements are based on various assumptions, including assumptions made with regard to our forecasts and expected cash flows; our projected capital and operating costs; our expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mining activities will remain consistent; our approved business plans; our mineral resource estimates and results of the PEA; our experience with regulators; political and social support of the mining industry in New York State; our experience and knowledge of the New York State mining industry and our expectations of economic conditions and the price of zinc and graphite; demand for graphite; exploration results; the ability to secure adequate financing (as needed); the Company maintaining its current strategy and objectives; and the Company’s ability to achieve its growth objectives. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Except as required by applicable law, we assume no obligation to update or to publicly announce the results of any change to any forward-looking statement contained herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements. If we update any one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. You should not place undue importance on forward-looking statements and should not rely upon these statements as of any other date. All forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
https://titanminingcorp.com/news/news-releases/titan-mining-graphite-testwork-demonstrates-product-meets-battery-industrial-and-defense-specifications
Oleblue
7月前
Titan Mining Delivers Strong Q2 Results; On Track to Commission First Integrated U.S. Graphite Facility in 2025
August 12, 2025
Gouverneur, New York and Vancouver, BC – August 12, 2025 – Titan Mining Corporation (TSX: TI; OTCQB: TIMCF) ("Titan" or the "Company") today announced its financial and operating results for the quarter ended June 30, 2025. The Company met quarterly production guidance at its Empire State Mines LLC (“ESM”) and is on track to be the first end to end producer of natural flake graphite in the United States by Q4 2025.
Q2 25 HIGHLIGHTS:(1)
Payable zinc production of 15.5 million pounds, up 7% from Q2 2024
Revenues of $16.3 million, C1 cash costs and AISC of $0.90/lb
Cash flow from operations of $2.4 million
Reduction in net debt by 21% from Q2 2024
Cash balance of $8.1 million at quarter end
EXIM Bank financing secured for $15.8 million, the first direct mining loan under its Make More in America Initiative (2)
Strong safety performance, with an injury frequency rate well below the U.S. national average
Over 40,000 acres of mineral rights added through lease and option to lease agreements with St. Lawrence County in May 2025. This expands the Company’s mineral tenure to over 120,000 acres in upstate New York and increases the discovery opportunities for additional zinc and graphite resources as well as iron-oxide copper gold deposits
Graphite processing facility construction underway at ESM site; over 50% of major equipment delivered
Expected commissioning in Q4 2025, making Titan the first integrated producer of natural flake graphite in the U.S. in over 70 years.
(1) All amounts disclosed in this news release are in U.S. dollars unless otherwise stated.
(2) The EXIM Bank Financing was completed on July 21, 2025, subsequent to end of Q2 2025.
Don Taylor, Chief Executive Officer of Titan, commented, “Our Q2 performance reflects consistent execution at ESM, with strong production, start-up of the N2D zone and continued cost control. Importantly, our graphite project has moved from concept to construction, supported by public and private sector backing. Titan is building the foundation to become a multi-commodity, integrated supplier of critical minerals to the U.S. economy”.
Rita Adiani, President of Titan commented: “Titan is executing a unique dual-commodity strategy. Our zinc operations continue to generate cash flow, while the Kilbourne graphite first phase processing facility is rapidly progressing toward commissioning. With strong government support and tangible progress on-site, we’re positioning Titan as a future-facing, U.S.-based supplier of both industrial and critical minerals”.
TABLE 1 Financial and Operating Highlights
2025
Q2 Q1 YTD
Operating
Payable zinc produced mlbs 15.51 15.37 30.88
Payable zinc sold mlbs 16.04 15.57 31.61
Average Realized Zinc Price $/lb 1.20 1.29 1.24
C1 Cost(1) $/lb 0.90 0.91 0.91
AISC(1) $/lb 0.90 0.96 0.93
Financial
Revenue $m 16.34 16.02 32.36
Net Income (loss) after tax $m 0.54 0.35 0.89
Earnings (loss) per share- basic
Cash Flow from Operating Activities before changes in non-cash working capital $/sh
$m 0.00
2.36 0.00
2.69 0.01
5.05
Financial Position
Cash & Cash Equivalents $m 8.1 12.2 8.1
Net Debt(1) $m 24.2 23.1 24.2
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Note: The sum of the quarters in the table above may not equal the year-to-date amounts disclosed elsewhere due to rounding.
1 C1 Cash Cost, All-In Sustaining Cost (“AISC”) and Net Debt are non-GAAP measures. Accordingly, these financial measures are not standardized financial measures under IFRS and might not be comparable to similar financial measures disclosed by other issuers. These financial measures have been calculated on a basis consistent with historical periods. Information explaining these non-GAAP measures is provided below under “Non-GAAP Performance Measures”.
ZINC OPERATIONS REVIEW
Mining during the quarter continued in the Mahler, New Fold, and Mud Pond zones at the #4 mine, with additional production initiated from the N2D zone for the first time since May 2023. High-grade ore from the Lower Mahler zone supported above-budget output. N2D production is ramping from 250 to 500 tons per day in Q3.
GRAPHITE UPDATE
Construction of the Kilbourne graphite demonstration plant is advancing, with over half of major equipment being delivered and site installation underway. Commissioning is on track for Q4 2025. Once operational, the facility will be the first to produce natural flake graphite end-to-end in the U.S. in over 70 years. Technical studies for the project are underway.
EXPLORATION UPDATE
The Company added additional 43,942 acres of mineral rights added through lease and option to lease agreements with St. Lawrence County in May of 2025 (See press release dated May 8th, 2025 “Titan Mining Signs Cooperative Agreements with St. Lawrence County, Expands Mineral Tenure to Greater Than 120,000 acres in Upstate New York”).
Titan continues to evaluate the potential of the district for base, industrial, and precious metals. Multiple areas with historically documented graphite mineralization have been identified, with confirmed graphite mineralization within the ESM mineral tenure. The St. Lawrence County agreement has added the Parish Magnetite prospect to the Company’s target list, a possible Iron Oxide Copper Gold (IOCG) occurrence in the historic Adirondack Magnetite Belt.
Underground drill programs in the second quarter of 2025 targeted Mahler, New Fold, N2D and Mud Pond. Underground drilling totaled 21 drill holes and 8,894ft (2,710 m). All underground drilling was completed with Company-owned underground drills by Company employees. Drilling continues to hit mineralization at anticipated grades outside of the existing life of mine model signifying mine life expansion potential.
Surface drilling continued with Company drills in the second quarter with drilling at Pleasant Valley and Pork Creek for a total of 3,154ft (961.3m). Drilling for 2025 is expected to continue at previously outlined targets including Parish.
Quality Assurance and Quality Control
Core drilling was completed using ESM owned and operated drills which produced AWJ (1.374 in) size drill core. All core was logged by ESM employees. The core was washed, logged, photographed, and sampled. All core samples were cut in half, lengthwise, using a diamond saw with a diamond-impregnated blade and sampled on 5 ft intervals with adjustments made to match geological contacts.
After a sample is cut, one half of the core was returned to the original core box for reference and long-term storage. The second half was placed in a plastic or cloth sample bag, labeled with the corresponding sample identification number, along with a sample tag. All sample bags were secured with staples or a draw string, weighed and packed in shipping boxes.
Shipping boxes are placed on pallets and shipped by freight to ALS Geochemistry (“ALS”), an independent ISO/IEC accredited lab located in Sudbury, Ontario, Canada. ALS prepares a pulp of all samples and sends the pulps to their analytical laboratory in Vancouver, B.C., Canada, for analysis. ALS analyzes the pulp sample by an aqua regia digestion (ME-ICP41 for 35 elements) with an ICP – AES finish including Cu (copper), Pb (lead), and Zn (zinc).
All samples in which Cu (copper), Pb (lead), or Zn (zinc) are greater than 10,000 ppm are re-run using aqua regia digestion (Cu-OG46; Pb-OG46; and Zn-OG46) with the elements reported in percentage (%). Silver values are determined by an aqua regia digestion with an ICP-AES finish (ME-ICP41) with all samples with silver values greater than 100 ppm repeated using an aqua regia digestion overlimit method (Ag-OG46) calibrated for higher levels of silver contained. Gold values are determined by a 30 g fire assay with an ICP-AES finish (Au-ICP21).
Mr. Taylor has a fulsome staff of experts on-site that thoroughly review and verify ESM technical data on a regular basis, as described above. For this reason, Mr. Taylor has relied entirely on such verification procedures for verifying the scientific and technical data in this news release. Mr. Taylor has not identified any legal, political, environmental, or other risks that could materially affect the potential development of the mineral resources disclosed herein.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Donald R. Taylor, MSc., PG, Chief Executive Officer of the Company. Mr. Taylor is a qualified person for the purposes of NI 43-101. Mr. Taylor has more than 25 years of mineral exploration and mining experience and is a Registered Professional Geologist through the SME (Registered Member #4029597).
Non-GAAP Performance Measures
This document includes non-GAAP performance measures, discussed below, that do not have a standardized meaning prescribed by IFRS. The performance measures may not be comparable to similar measures reported by other issuers. The Company believes that these performance measures are commonly used by certain investors, in conjunction with conventional GAAP measures, to enhance their understanding of the Company's performance. The Company uses these performance measures extensively in internal decision-making processes, including to assess how well the Empire State Mine is performing and to assist in the assessment of the overall efficiency and effectiveness of the mine site management team. The tables below provide a reconciliation of these non-GAAP measures to the most directly comparable IFRS measures as contained within the Company's issued financial statements.
C1 Cash Cost Per Payable Pound Sold
C1 cash cost is a non-GAAP measure. C1 cash cost represents the cash cost incurred at each processing stage, from mining through to recoverable metal delivered to customers, including mine site operating and general and administrative costs, freight, treatment and refining charges.
The C1 cash cost per payable pound sold is calculated by dividing the total C1 cash costs by payable pounds of metal sold.
All-in Sustaining Costs
AISC measures the estimated cash costs to produce a pound of payable zinc plus the estimated capital sustaining costs to maintain the mine and mill. This measure includes the C1 cash cost and capital sustaining costs divided by pounds of payable zinc sold. AISC does not include depreciation, depletion, amortization, reclamation and exploration expenses.
Q2 2025 Q2 2024
$ $/lb $ $/lb
Pounds of payable zinc sold (millions) 16.0 14.7
Operating expenses and selling costs $ 12,750 $ 0.80 $ 9,652 $ 0.66
Concentrate smelting and refining costs 1,671 0.10 1,913 0.13
Total C1 cash cost $ 14,421 $ 0.90 $ 11,565 $ 0.79
Sustaining capital expenditures 27 0.00 - 0.00
AISC $ 14,448 $ 0.90 $ 11,565 $ 0.79
Net Debt
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. A reconciliation of net debt is provided below.
Q2 2025 Q2 2024
Current portion of debt $ 29,135 $ 36,177
Non-current portion of debt 3,254 -
Total debt $ 32,389 $ 36,177
Less: Cash and cash equivalents (8,142) (5,547)
Net debt $ 24,247 $ 30,630
On July 21, 2025, subsequent to the end of Q2 2025, the Company restructured a $16.5 million dollar loan due to a related party. The loan has an approximate three-year term at 8% per annum. Approximately $9 million of the loan has been reclassified as non-current debt, thereby improving the Company’s working capital position significantly.
About Titan Mining Corporation
Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York state. Titan’s goal is to deliver shareholder value through operational excellence, development and exploration. We have a strong commitment towards developing critical minerals assets which enhance the security of the domestic supply chain. For more information on the Company, please visit our website at www.titanminingcorp.com
Contact
For further information, please contact: Investor Relations: Email: info@titanminingcorp.com
Cautionary Note Regarding Forward-Looking Information
Certain statements and information contained in this new release constitute "forward-looking statements", and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"). These statements appear in a number of places in this news release and include statements regarding our intent, or the beliefs or current expectations of our officers and directors, including that Titan is on track to commission the first integrated US graphite facility in 2025; expected commissioning in Q4 2025, making Titan the first integrated producer of natural flake graphite in the U.S. in over 70 years; Titan is building the foundation to become a multi-commodity, integrated supplier of critical minerals to the U.S. economy; the Kilbourne graphite first phase processing facility is rapidly progressing toward commissioning; we’re positioning Titan as a future-facing, U.S.-based supplier of both industrial and critical minerals; high-grade ore from the Lower Mahler zone supported above-budget output; N2D production is ramping from 250 to 500 tons per day in Q3; drilling continues to hit mineralization at anticipated grades outside of the existing life of mine model signifying mine life expansion potential; drilling for 2025 is expected to continue at previously outlined targets including Parish. When used in this news release words such as “to be”, "will", "planned", "expected", "potential", and similar expressions are intended to identify these forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the Company can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to vary materially from those anticipated in such forward-looking statements, including risks related to general business, economic, competitive, political, regulatory and social uncertainties; actual results of exploration activities and economic evaluations being different than modelled; fluctuations in currency exchange rates; changes in project parameters; changes in costs, including labor, infrastructure, operating and production costs in respect of both the Company’s zinc and graphite operations; future prices of zinc, graphite and other minerals; variations of mineral grade or recovery rates; operating or technical difficulties in connection with exploration, development or mining activities, including the failure of plant, equipment or processes to operate as anticipated in respect of both the Company’s zinc and graphite operations; delays in completion of exploration, development or construction activities in respect of both the Company’s zinc and graphite operations; changes in government legislation and regulation; the ability to maintain and renew existing licenses and permits or obtain required licenses and permits in a timely manner; the ability to obtain financing on acceptable terms in a timely manner; contests over title to properties; employee relations and shortages of skilled personnel and contractors; the speculative nature of, and the risks involved in, the exploration, development and mining business; and the factors discussed in the section entitled "Risks Factors" in the Company’s most recent annual information form filed on SEDAR+. Such forward-looking statements are based on various assumptions, including assumptions made with regard to our forecasts and expected cash flows; our projected capital and operating costs in respect of both the Company’s zinc and graphite operations; our expectations regarding mining and metallurgical recoveries in respect of both the Company’s zinc and graphite operations; mine life and production rates in respect of both the Company’s zinc and graphite operations; that laws or regulations impacting mining activities will remain consistent; our approved business plans; our mineral resource estimates and results of the PEA; our experience with regulators; political and social support of the mining industry in New York State; our experience and knowledge of the New York State mining industry and our expectations of economic conditions and the price of zinc and graphite; demand for graphite; exploration results; the ability to secure adequate financing (as needed); the Company maintaining its current strategy and objectives; and the Company’s ability to achieve its growth objectives. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Except as required by applicable law, we assume no obligation to update or to publicly announce the results of any change to any forward-looking statement contained herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements. All forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement
https://titanminingcorp.com/news/news-releases/titan-mining-delivers-strong-q2-results-on-track-to-commission-first-integrated-us-graphite-facility-in-2025
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