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 used to locate drill holes for the Company’s upcoming drill program.

Highlights:

• A minimum of 3,500 ft of trenching to test surface mineralization and establish high priority targets for follow up drilling. All current target areas are within the Empire State Mine surface property.
• Channel sampling within the active mine permit will aim to generate a bulk tonnage target for further metallurgical and graphitic carbon (Cg) concentrate testing.
• Sampling and Prospecting of the Kilbourne host unit is planned to target the entirety of the roughly 25,000 ft of known strike length.
• Pad and drill road preparation for the first phase of drilling, with a target of 12,000 feet.

The Kilbourne target has roughly 25,000 ft feet of mapped surface trace, lying entirely within Titan Mining mineral rights (see Figure 1). This initial phase of exploration will focus on identifying areas of elevated graphite mineralization at the surface. These mineralized zones will be tested down dip by drilling planned to begin as early as December 2023. The current footage target for this program is 12,000 ft. Equipment has mobilized to site to enable trenching and channel sampling of the mineralized lithology, and to begin pad and road preparation. Additional targets for channel sampling and trenching may be identified through the prospecting and mapping efforts.

As results from the trenching program become available the Company hopes to identify material suitable for bulk tonnage sampling within the currently permitted mine footprint. This material will be utilized in further metallurgical and concentrate end use studies.

Currently testing of diamond drill hole core material is being undertaken at SGS labs in Lakefield, Ontario. This testing will produce a Cg concentrate that will then be evaluated further to determine the appropriate end use(s). Initial results are expected in Q4 2023.

Donald Taylor, President and CEO of Titan, commented, “The location of this target, the grades we’ve seen to date, and the historic intercepts documenting mineralization make this a very compelling critical minerals project. If we can find a mineable body of graphite within our existing claims, we believe we will be a step or two ahead of other US graphite projects.”