Capacity to Drive
Cash Flow Growth
Titan Mining Corporation (an Augusta Group company) is a natural resource company engaged in the acquisition, exploration and development of mineral properties. Its principal asset, acquired in December 2016, is a group of 100%-owned high-grade zinc mines, the Empire State Mines, in St. Lawrence County, New York.
Over more than 100 years of operating history, these past-producing operations – Empire State Mine (“ESM”) #2, #3 and #4, and Hyatt, Edwards and Pierrepont mines – produced an aggregate 44 million milled tons at an average mill head grade of 9.4% zinc, equivalent to approximately four million tons of zinc metal.
Titan is re-commencing operations at the fully-permitted ESM #4 mine, which had been on care and maintenance since 2008, making it the newest U.S. zinc producer.