Core Viewpoint - Titan Mining Corporation has expanded its mineral rights by 43,943 acres in St. Lawrence County, New York, bringing its total mineral tenure to over 120,000 acres, enhancing opportunities for discovering additional zinc, graphite, and IOCG deposits [1][4][10]. Group 1: Expansion Details - The new parcels were selected based on mining history, exploration records, and geological potential, focusing on base metals (zinc and lead), graphite, and polymetallic resources (gold, copper, and iron) [3]. - The expansion includes 37,867 acres under lease and 6,075 acres under an option to lease, with a lease term of up to 40 years and an option term of up to 25 years [10]. - The addition consolidates the mineralized trend between Titan's Empire State Mine and the historic Edwards Mine, which produced 6,567,660 tons at 10.76% zinc [8][10]. Group 2: Economic Impact and Community Commitment - The agreement is expected to create new jobs and stimulate local economic growth, with a commitment to prioritize hiring qualified St. Lawrence County residents [4][10]. - Local officials expressed pride in the partnership with Titan, emphasizing the unlocking of the region's economic potential through responsible development and local hiring [4][5]. Group 3: Exploration Plans - An updated exploration strategy for 2025 has been developed, with 18 drill-ready targets identified, including five on the newly acquired parcels [9]. - Drilling commenced in January at Pleasant Valley, with future programs planned at Pork Creek, Moss Ridge, Parish, and Bend targets [9]. - Recent surface sampling returned gold values of up to 0.41 g/t Au and trace copper up to 0.05%, indicating potential for further exploration [5][7].
Titan Mining Signs Cooperative Agreements with St. Lawrence County, Expands Mineral Tenure to Greater Than 120,000 acres in Upstate New York