Titan Mining Corporation is a Canadian-based mining company which owns the Empire State Mines, a group of 100%-owned high-grade zinc mines located in a historic mining district in St. Lawrence County, New York. Over 100 years of mining, the Empire State Mines produced an aggregate of 44 million tons at an average mill head grade of 9.4% zinc, equivalent to approximately four million tons of zinc metal. Despite its long operating history, the district remains underexplored and Titan is focused on discovering and developing additional high-grade low-cost mineral resources to fill the mill capacity of 5,000 tons per day. The company is also improving productivity and lowering costs through modernization and innovation initiatives, which will enhance performance in a strong zinc price environment, and also prepare the company for any downturn in zinc prices.
The Empire State Mine ("ESM") #4 mine is currently in operation, having started production of zinc concentrate in early 2018. This mine is interconnected with ESM #1, #2 and #3 mines, and all four have significant resource potential which is expected to support production growth. Other historic mines within the district (Hyatt, Edwards and Pierrepont), as well as numerous greenfield targets, will be a focus for the exploration team.
Titan Mining's mission is to deliver extraordinary shareholder value through excellence in exploration, development and operation.