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| Titan Mining |
Titan Mining has announced an increase in zinc resources and an extension of the life of mine for its Empire State zinc mine near Gouverneur, New York. Measured and indicated contained pounds of zinc have increased by 22% compared to Titan's 2020 assessment, totaling 636 million lbs of recoverable zinc and 541 million lbs of payable zinc. This increase has extended the mine's operational life to 2033.
Exploration and Drilling Plans
Titan is planning extensive drilling programs for 2025, including 40,000 feet of near-mine underground drilling within existing mining areas. Additionally, the company has allocated 31,000 feet for exploration drilling, comprising 13,000 feet of near-mine drilling and 18,000 feet of regional surface drilling.
These efforts aim to add incremental production in the near term. The exploration program targets fifteen drill-ready areas. Collectively, these near-mine exploration targets are estimated to contain between 4.8 and 5.3 million metric tonnes of mineralized material, with an average zinc grade of 10-14%, translating to between 935,000 and 1.47 million tonnes of contained zinc.
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