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Titan Mining Intercepts High-Grade Zinc Mineralization Including 17.6ft of 45.4% Zinc, Enhancing Near-term Production at Empire State Mine
VANCOUVER, British Columbia, Oct. 06, 2020 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) today provided an update on its dril
About this update from Titan Mining Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Oct. 06, 2020 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) today provided an update on its drilling programs at its 100% owned Empire State Mine (“ESM”) located in upstate New York. Underground drilling has intersected high-grade zinc mineralization in the Mahler zone that will add to the resource and ultimately enhance ESM’s production profile. Additionally, exploration drilling has commenced targeting a high priority target in the district. Highlights from the underground drilling include: 10.1 feet assaying 20.9% zinc within a larger zone of 21.4 feet assaying 13.0% zinc 37.0 feet assaying 20.2% zinc within a larger zone of 80.2 feet assaying 15.6% zinc 17.6 feet assaying 45.4% zinc within a larger zone of 24.1 feet assaying 36.5% zinc 9.8 feet assaying 41.1% zinc within a larger zone of 20.8 feet assaying 25.5% zinc 1.1 feet assaying 19.2% zinc within a larger zone of 11.9 feet assaying 13.8% zinc CEO, Don Taylor, stated “Our drilling continues to deliver positive results that will ultimately extend mine life and enhance our production profile. In the case of Mahler, we are seeing some very substantial zinc grades over mineable widths. As we progress with the exploration moving farther away from the mine workings, we have high expectations of success.” Mahler Zone Underground drilling continues to delineate high-grade zinc mineralization on the down-plunge portion of the Mahler mineralized zone. The Mahler zone consists of two mineralized horizons: Mahler Main and Mahler White Dolomite. The current ESM drilling in two drill fans consisting of 13 drill holes have extended the Mahler mineralization over a down-plunge strike length of 350 feet. An additional 40 holes are planned to further test an additional 500 feet of potential strike length by the end of Q4 2020. The results from the current and pending drill programs will be utilized to refine the current mine plan, in preparation for development in Q4 2020. 2020 Exploration Program Update In Q1 2020, the ESM exploration program was focused on delineating three significant zones of near surface mineralization. The exploration was successful and three defined zones are able to be mined by lower cost open-pit mining methods and milled at ESM’s milling complex (located one mile to the north) under ESM’s current ...