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Titan Mining Corp.
Summary
| Project: | Empire State Mine | |
|---|---|---|
| Deposit: | Empire State Mine | |
| Location: | United States | |
| Commodities: | Zinc | |
| Date: | 11/21/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 21-11-2019: Titan Mining Corp. announces an Exploration/Drilling Update report for its Empire State Mine deposit at the Empire State Mine project. Drilling results incl. 4.6m @ 12.4% Zn from 22.3m. Vancouver, B.C., November 21, 2019 – Titan Mining Corpora | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Donald Taylor (Internal) | |
| ABSTRACT: | Vancouver, B.C., November 21, 2019 – Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) is pleased to announce the results from surface drilling at its 100%-owned Empire State Mine (“ESM”) in New York State. The current drill program is focused on two recently-identified near-surface zinc targets (Figures 1 and 2). The Hoist House zone is interpreted as an extension of the large #2 mine, which accounted for approximately half of the tons mined historically at ESM, and the Turnpike zone as an extension of the historic #1 mine. To date, three holes have been completed at the Hoist House zone and drill testing of this zone continues. A second drill has begun initial testing of the Turnpike zone. Don Taylor, Chief Executive Officer, commented, “We have identified several near-surface targets at the mine site, and in the district, which we believe present an opportunity for ESM to add low-cost nearterm production. The zones have good continuity along strike as well as at depth and contain higher grade zinc mineralization interbedded with lower grade lenses that can be accessed through open pit mining. The current drill program will allow us to evaluate the zones quickly for potential mining. We are initially focusing on targets near the existing infrastructure and, if economic, these new zones could provide incremental mill feed to help fill existing capacity at ESM. Existing permits allow for open pit mining and we will work with regulators to determine if any additional studies are required.” | |
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