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Titan Mining Corp.

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Summary

Project:

Empire State Mine

Deposit:Empire State Mine
Location:United States
Commodities:Zinc-Lead-Silver
Date:1/14/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Pre-Feasibility Study
Report details:14-1-2020: Titan Mining Corp. announces an Exploration/Drilling Update report for its Empire State Mine deposit at the Empire State Mine project. Drilling results incl. 63.1m @ 3.1% Zn, 1.1% Pb, 10.4g/t Ag from 4.6m. Vancouver, B.C., January 14, 2019 – Ti
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Donald Taylor (Internal)
ABSTRACT:Vancouver, B.C., January 14, 2019 – Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) is pleased to announce drill results of two new zones of near-surface mineralization at the Company’s Empire State Mine (“ESM”) in upstate New York. The definition drilling of these potential new open-pit mill feed zones is a key goal of the Company’s strategy of filling over 3,000 tonnes per day (“tpd”) of excess capacity at the ESM mill in an effort to dramatically increase production and lower costs. Scott Burkett, Vice President, Exploration, commented, “The drilling results from the Hoist House and Turnpike zones are encouraging as we continue to confirm the presence of near-surface mineralization which may potentially support open-pit mining of incremental feed for our under-utilized mill at ESM. At Hoist House, continuity of mineralization has been demonstrated along strike and down dip. Initial drilling at Turnpike has identified robust mineralization up to 100 feet wide.” The Hoist House zone, located one mile south of the ESM #4 mine and milling complex, is interpreted to be the unmined extension of the historic #2 zone. Historic drilling indicates that the Hoist House zone extends to a depth of at least 300 feet over a strike length of 600 feet. The most recent drill holes at Hoist House have extended both the hanging wall (“HW”) and footwall (“FW”) mineralized horizons (Figure 3), and drilling continues.

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