reports
Titan Mining Announces US$10M Bridge Loan
Titan Mining Announces US$10M Bridge Loan VANCOUVER, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) is pleased to announce a US$10M bridge loan from the Company’s largest shareholder, Augusta Investments Inc. (“Augusta Investments”). Proceeds from this loan have been used to repay part of the Company’s current credit facility with the National Bank of Canada (“NBC”) bringing the outstanding amount down from $27.2 million to $17.2 million following the payment to NBC. The Company and Augusta Investments are in ongoing negot...
Titan Mining Provides Initial Drill Results on the Kilbourne Graphite ...
Titan Mining Provides Initial Drill Results on the Kilbourne Graphite Project, Results Include 173.5 ft at 3.75% Graphitic Carbon VANCOUVER, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) is pleased to provide an update on the ongoing Kilbourne exploration program. The Company has received assays from the initial phase of trenching and from the initial fifteen drill holes of the Company’s ongoing graphite exploration program. The first phase of exploration has been focused on mineralization within the fully permitted footp...
Titan Announces Appointment of Ty Minnick as Interim CFO
Titan Announces Appointment of Ty Minnick as Interim CFO VANCOUVER, British Columbia, March 28, 2024 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) is pleased to announce the appointment of Ty Minnick as Interim CFO of the Company effective April 1, 2024. Mr. Minnick has been affiliated with the Augusta Group as a consultant of Augusta Gold Corp. (formerly, Bullfrog Gold Corp.), and was its Chief Financial Officer from 2011 until October 2020. Mr. Minnick has served as the Chief Financial Officer of Athena Gold Corp since May 2021 and has 13 years of exp...
Titan Reports 16% Increase in Production While Lowering Costs
Titan Reports 16% Increase in Production While Lowering Costs VANCOUVER, British Columbia, March 21, 2024 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI) (“Titan” or the "Company") announces the results for the year ended December 31, 2023. (All amounts are in U.S. dollars unless otherwise stated). Don Taylor, President and Chief Executive Officer of Titan, commented, “Titan finished 2023 with a strong fourth quarter in both safety and production which allowed Empire State Mine (“ESM”) to produce a record 61.0 million payable zinc pounds in 2023. As we enter 2024 our plans are to ...
Titan Announces Another Record Year for Production and Safety, Provide...
Titan Announces Another Record Year for Production and Safety, Provides 2024 Guidance and Update on Kilbourne Graphite Target VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) is pleased to release preliminary fourth quarter (“Q4”) and full year 2023 production results and provide 2024 operating, capital and exploration expenditure guidance (all dollar figures are in US dollars, unless otherwise indicated). 2023 Highlights Safest year of operations on record at the Empire State Mine since re-opening, with an injur...
Titan Reports Record Production Results for Third Quarter 2023
Titan Reports Record Production Results for Third Quarter 2023 VANCOUVER, British Columbia, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI) (“Titan” or the "Company") announces the results for the quarter ended September 30, 2023. (All amounts are in U.S. dollars unless otherwise stated) Don Taylor, President and Chief Executive Officer of Titan, commented, “Titan’s ESM operations have continued to outperform expectations year-to-date, producing a record 18.3 million payable pounds of zinc in the third quarter at its lowest quarterly All-In Sustaining Cost1 since...
Titan Mining Advances Kilbourne Exploration, With Surface Trenching an...
Titan Mining Advances Kilbourne Exploration, With Surface Trenching and Bulk Sample Identification Underway VANCOUVER, British Columbia, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) is pleased to announce that it is advancing surface exploration activities at the Company’s Kilbourne graphite target. Field crews have begun mapping and sampling with equipment being mobilized to begin trenching and channel sampling. The surface work will aim to identify areas of higher grade graphite amenable to bulk sampling. This information will also be us...
Titan Mining Announces Significant Graphite Discovery at Empire State ...
Titan Mining Announces Significant Graphite Discovery at Empire State Mines in Upstate New York, USA VANCOUVER, British Columbia, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) is pleased to announce the discovery of the Kilbourne graphite trend, an extensively drill tested graphite-bearing trend located on the permitted lands hosting Titan’s currently operating Empire State Mine (“ESM”) in upstate New York. Highlights At or near surface targets with geological potential totaling between 210 and 1,050 million tons (Mt) grading between 2....
Titan Announces Record Production and is on Track to Exceed 2023 Produ...
Titan Announces Record Production and is on Track to Exceed 2023 Production Guidance; New Exploration Results Include 41ft at 37.6% Zinc VANCOUVER, British Columbia, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) is pleased to announce a new production record and that it is on track to exceed 2023 production guidance. In addition, new exploration results include 41ft at 37.6% zinc at its 100% owned Empire State Mines (“ESM”) located in upstate New York. Highlights Best year to date safety performance with total recordable injury f...
Titan Reports Strong Safety and Production Results for Second Quarter ...
Titan Reports Strong Safety and Production Results for Second Quarter 2023 VANCOUVER, British Columbia, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI) (“Titan” or the "Company") announces the results for the quarter ended June 30, 2023. (All amounts are in U.S. dollars unless otherwise stated) Don Taylor, President and Chief Executive Officer of Titan, commented, “Titan’s ESM operations continued the momentum gained in the first quarter with an outstanding second quarter meeting or exceeding targets for the major metrics in safety and production.” Q2 2023 HIGHLIGHT...
Titan Announces Results of its Annual Shareholders’ Meeting
Titan Announces Results of its Annual Shareholders’ Meeting VANCOUVER, British Columbia, June 22, 2023 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) announces that all matters presented for approval at Titan’s annual meeting of shareholders held today, as more particularly set out in the Company’s Management Information Circular dated May 11, 2023, have been approved. These matters included: Electing each of the Company’s six nominees as directors of the Company; andRe-appointing Ernst & Young, LLP, Chartered Professional Accountants, as auditors of the...
Titan Updates Exploration including, 26.3 feet assaying 14.9% zinc, 3....
Titan Updates Exploration including, 26.3 feet assaying 14.9% zinc, 3.9% lead, and 34.9 g/t silver; Provides Dividend Update VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) provides an update on dividend and exploration programs at the Company’s 100% owned Empire State Mine (“ESM”) in upstate New York. Drilling has focused on discovering, expanding, and delineating near mine mineralization within proximity to active and planned operational areas at ESM. Both surface and underground programs have been successful in...
Titan Reports First Quarter 2023 Results
Titan Reports First Quarter 2023 Results VANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI) (“Titan” or the "Company") announces the results for the quarter ended March 31, 2023. (All amounts are in U.S. dollars unless otherwise stated) Don Taylor, President and Chief Executive Officer of Titan, commented, “Titan’s ESM operations had an outstanding beginning to 2023 with a solid first quarter hitting or exceeding targets for the major metrics in safety and production while continuing to pay a quarterly dividend. Development planning and exe...
Titan Reports 2022 Record Year in Production and Cash Flow
Titan Reports 2022 Record Year in Production and Cash Flow VANCOUVER, British Columbia, April 03, 2023 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI) (“Titan” or the "Company") announces the results for the year ended December 31, 2022. (All amounts are in U.S. dollars unless otherwise stated) Don Taylor, President and Chief Executive Officer of Titan, commented, “Titan finished 2022 with a strong fourth quarter in both safety and production. Costs and grade returned to budgeted levels during the quarter which helped deliver a record 52.2 million payable zinc pounds produced at E...
Titan Announces Quarterly Cash Dividend for Q1 2023
Titan Announces Quarterly Cash Dividend for Q1 2023 VANCOUVER, British Columbia, March 07, 2023 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) announces that its Board of Directors has declared a quarterly cash dividend of C$0.01 per common share (the “Dividend”) for an aggregate distribution of approximately C$1.4 million based on the current number of shares outstanding. This represents a C$0.04 dividend on an annualized basis and an annual dividend yield of 6.5% based on Titan’s closing share price on the TSX on March 6, 2023, of C$0.61. This quarte...
Titan Fixes $1.55/lb Zinc Price for 30% of Forecasted Remaining 2023 P...
Titan Fixes $1.55/lb Zinc Price for 30% of Forecasted Remaining 2023 Production VANCOUVER, British Columbia, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI) (“Titan” or the “Company”) announces that it has entered into a fixed zinc pricing arrangement for approximately 30% of the Company’s forecasted zinc production for the remainder of 2023. The arrangement is for an eleven-month period covering February 2023 to December 2023 at a price of $1.55 per pound of zinc. Don Taylor, President and CEO, commented, “Fiscal Year 2022 was a record year for production at Titan’s...
Titan Mining Announces Discovery of New Zone of Near-Mine Mineralizati...
Titan Mining Announces Discovery of New Zone of Near-Mine Mineralization Including 48.7 ft at 23.91% Zinc VANCOUVER, British Columbia, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI) (“Titan” or the "Company") is pleased to provide an update on recent drill results from a newly discovered zone of near-mine mineralization at the Company’s 100% owned Empire State Mine (“ESM”) in upstate New York. The newly identified mineralized zone lies in close proximity and between the Company’s New Fold and Mahler ore bodies, which are areas of current major production for the Comp...
Titan Announces Record Production, Permit Approvals and Expansion Plan...
Titan Announces Record Production, Permit Approvals and Expansion Plans VANCOUVER, British Columbia, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) is pleased to release preliminary fourth quarter (“Q4”) and full year 2022 production results and provide 2023 operating, capital and exploration expenditure guidance (all dollar figures are in US dollars, unless otherwise indicated). The Company also announces that it will begin construction on the Sphaleros project. 2022 Highlights Improved safety performance year over year with total recorda...
Titan Mining Extends Credit Facility Maturity Date
Titan Mining Extends Credit Facility Maturity Date VANCOUVER, British Columbia, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI) (“Titan” or the “Company”) announces it has extended the maturity date of its US$40 million credit facility (the “Credit Facility”) with National Bank of Canada (“National Bank”). The maturity date of the Company’s revolving credit facility has been extended from December 6, 2023 to December 6, 2024. Concurrently, the guarantee provided by the Company’s Executive Chairman through Augusta Investments Inc. and its related entity was also extend...
Titan Adopts Dividend Policy and Declares Quarterly Cash Dividend
Titan Adopts Dividend Policy and Declares Quarterly Cash Dividend VANCOUVER, British Columbia, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) announces that its Board of Directors has adopted a policy to declare a quarterly cash dividend of C$0.01 per common share. In line with this policy, the Company’s Board of Directors has declared a cash dividend of C$0.01 per common share for the fourth quarter of 2022 (the “Q4 2022 Dividend”) for an aggregate quarterly distribution of approximately C$1.4 million based on the current number of shares o...
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