Titan Mining Finds Significant Concentrations of Germanium at its Empire State Mine in New York

Core Insights - Titan Mining Corporation has discovered significant concentrations of germanium at its Empire State Mine, enhancing its position in the critical metals sector [1][4][5] - Germanium is classified as a critical mineral by the U.S. and is essential for various high-tech applications, with the U.S. currently relying on imports for nearly all its supply [2][5] Company Overview - Titan Mining Corporation is a zinc concentrate producer and an emerging natural flake graphite producer, aiming to enhance the domestic supply chain for critical minerals [1][10] - The company operates the Empire State Mine in New York, which has an annual plant feed of 474,000 metric tons [7] Germanium Discovery - Initial sampling revealed germanium grades of 21 g/t in plant feed, enriched to 77 g/t in the pre-float stream [7] - The current market price for germanium is approximately US$6,000/kg, with global supply largely dominated by China [7] Strategic Importance - The discovery of germanium is seen as a new value driver for Titan and a strategic asset for the U.S., potentially reducing reliance on foreign imports [4][5] - Titan's existing processing infrastructure allows for the recovery of germanium with minimal additional capital requirements [7][8] Next Steps - Titan has initiated a focused test program to determine the most cost-effective recovery methods for germanium from its zinc operations [8] - A four-week survey was conducted to collect samples and measure germanium levels throughout the processing circuit [8]