Slide 1: The Newest U.S. Zinc Producer
TSX: TI THE NEWEST U.S. ZINC PRODUCER LEVERING EXCESS CAPACITY TO DRIVE CASH FLOW GROWTH ANALYST/INVESTOR SITE VISIT JUNE 13, 2018 TSX: TI
Slide 2: Forward-Looking Information
Forward-Looking Information This presentation contains "forward-looking information" within the meaning of Canadian permits and obtaining all other required approvals, licenses and permits on favourable securities laws. In some cases, forward-looking information can be identified by the use of terms
Slide 3: Titan Investment Highlights
Titan Investment Highlights Restart Fully Successful restart of mining operations at Empire State Mines’ #4 mine – pure zinc producer in New York Funded, Quick State, with first ore skipped on schedule in January and first concentrate shipped in March 2018 Ramp Up to Free Cash Flow Positive oper
Slide 4: Experienced Management, Strong Balance Sheet
Experienced Management, Toronto Stock Exchange Symbol TI Strong Balance Shares Outstanding Options 102.0 million 7.0 million Sheet Fully Diluted Shares Outstanding 109.0 million Share Price (6/8/2018) C$1.18 Share Ownership Market Capitalization C$120 million Cash & Cash Equivalents (as of 3/31/2018
Slide 5: Extensive Experience in Exploration, Development and Mine Operations
Extensive Experience in Exploration, Development and Mine Operations Richard Warke Titan Mining has the RIGHT TEAM in place Keith Boyle • Successful long- with a successful track record in capital and Eric Strom term track record • Combined 50+ of creating markets, and responsible exploration, years
Slide 6: Empire State Mines: Reviving a 100-Year-Old Zinc District
Empire State Mines: Reviving a 100-Year-Old Zinc District Established mining district in northern New York State • Empire State Mines’ #4 mine (restarted) and six historic mines • Historic production – 44M tons milled at average grade of 9.4% zinc • >80,000 acres of mineral rights controlled by Tita
Slide 7: Empire State Mines: Seven Mines Within 30-Mile Radius of Mill
Empire State Mines: Seven Mines Within 30-Mile Radius of Mill EMPIRE STATE MINES PIERREPONT MINE #1 MINE Historic #2 Shaft • Discovered 1979 • Zinc showings identified • Ramp to ~700 foot depth 1920s • Opened 1982, closed 2001 • Inclined shaft to 300 foot (flooded) level • Continuous operation • Min
Slide 8: Empire State Mines: Historic Production
Empire State Mines: Historic Production PIERREPONT MINE EMPIRE STATE MINES #1 MINE • Opened 1982, closed 2001 (flooded) • Produced 2.7 Mt at 16.3% zinc or 433 kt zinc • Mined #1 zone at 3-4% Zn • 2 orebodies #2 MINE • Opened 1930, closed 1998 • Produced 17.6 Mt at 8.8% zinc or 1.5 Mt zinc • 5 orebod
Slide 9: Underutilized Mine and Mill Complex
Underutilized Mine and Mill Complex Mill recommissioned and first ore hoisted on schedule and budget • Mill – 5,000 tpd capacity • #4 shaft adjacent to mill – 3,800 tpd capacity(1) Office building and 3,800 tpd shaft Underground development commenced • Fully-developed access to multiple levels • Sec
Slide 10: 2018 PEA – Base Case Financial & Operating Highlights
2018 PEA – Base Case Financial & Operating Highlights(1,2) Key Operating Statistics Financial Highlights Unit Value Unit Value Mine Life Years 8 Pre-Production Capital Expenditures $M $1.4 Planned Tons Mined Mt 4.3 Total LOM Capital Expenditures $M $64.2 Annualized Throughput tpd 1,582 NSR (Net of 0
Slide 11: Breakdown of Production at Empire State Mine
Breakdown of Production at Empire State Mine By Mineralized Zone By Mining Method TSX: TI 11
Slide 12: Three-Pronged Growth Strategy
Three-Pronged Growth Strategy Cash flow growth from levering excess shaft and mill capacity Fill the shaft (3,000 tpd) and extend mine life with near-mine mineral resource additions Fill the mill (5,000 tpd) strategy supported by district and regional exploration Modernize the operation, impro
Slide 13: History of Exploration Success Plus Potential for Additional Discoveries
History of Exploration Success Plus Potential for Additional Discoveries Long Production History With Numerous Many discoveries Discoveries 120000 made during almost a New (Hyatt) West Branch (Hyatt) Sully (Hyatt Area) #2 (1927) #3 (1946) Edwards (1903) Pierrepont (1979) #4 (1965) Hyatt (1917) centu
Slide 14: First Priority – Mining Historical Data
First Priority – Mining Historical Data Compiling, digitizing and modelling existing data • 100 years of historical exploration ‒ ~800 kilometers of available drill data • Consolidating and assessing exploration data from multiple programs and operators • Previous (re)discoveries based on examinatio
Slide 15: Mineral Resource Upgrade and Expansion Potential
Mineral Resource Upgrade and Expansion Potential – Plan View of #4 Mine Potential to expand production and increase mine life Mineral resources are in seven mineralized zones with excellent potential for zone extension Definition drilling to upgrade inferred mineral resources at Mud Pond, Mahler
Slide 16: Mineral Resource Expansion Potential – Longitudinal View of #4 Mine
Mineral Resource Expansion Potential –Longitudinal View of #4 Mine (Looking Northwest) Potential to expand production and increase mine life • Mineralized zones occur at depth of 1,400 - 5,500 feet and generally plunge to northeast – potential to extend zones up- and down-plunge • Existing developme
Slide 17: Filling the Shaft – Converting More Remnants to Mineral Resources
Filling the Shaft (3,000 tpd) – Focus on Converting More Remnants to Mineral Resources • Historic mineralized material write-downs of ~4 million tons at Empire State Mines(1) • Pillars – historic mining left significant tonnage in place for structural support • Remnant resource potential from histor
Slide 18: Filling the Shaft – New Near-Mine Mineralized Zones
Filling the Shaft (3,000 tpd) – New Mahler Near-Mine New Fold Mineralized Zones Mud Pond Empire State Mine #4 Mine • #2 Deep - potential extension of zone mined in historic #2 mine; 1,300 feet east of #4 shaft; unmined historic mineralized Fowler Sylvia Lake material 931,000 tons at diluted grade of
Slide 19: Filling the Mill (5,000 tpd)
Filling the Mill (5,000 tpd) Exploration – 2018 budget US$5M • Gap Zone – high priority target; potential down-plunge extension of known mineralized zones • Sully prospect – follow up on high-grade intercepts: 19.5 feet at 16.7% Zn, 10.3 feet at 22.6% Zn, 5.8 feet at 34.1% Zn Hyatt Mine (Historic) W
Slide 20: Filling the Mill (5,000 tpd) cont'd
Filling the Mill (5,000 tpd) cont’d New district opportunities Pierrepont • Untested geophysical targets generated from 2008 VTEM • North Gouverneur and Moss Edwards Ridge SW Hyatt • Gravity survey #1 Mine #2 Mine #3 Mine #4 Mine TSX: TSX: TI TI 20
Slide 21: A Catalyst-Rich Path to Phase 1 Production
A Catalyst-Rich Path to Phase 1 Production • Refurbishment of existing infrastructure and equipment Re-commissioning • Reconditioning and re-starting the mobile equipment fleet (Q4 2017) • General rehabilitation of the underground workings First ore skipped • Development of new ramps, drifts and s
Slide 22: Valuation Upside – Trading at a Discount
Valuation Upside – Trading at a Discount Executing to a premium valuation Price to Net Asset Value Enterprise Value to EBITDA (2018E) Titan is currently trading at only 1.8x estimated EBITDA from Phase 1 production in 2019 Source: Scotiabank, May 24, 2018; NAV calculated at discount rate of 8% and l
Slide 23: Impressive Leverage to Zinc Price
Impressive Leverage to Zinc Price Titan offers the highest leverage amongst peers to a 10% increase in zinc prices Source: Scotiabank, April 4, 2018; zinc price assumptions – $1.60/lb in 2018 and 2019, and $1.00/lb from 2023 onwards. TSX: TI 23
Slide 24: Permitting and Environment
Permitting and Environment Mining Permit • Allows for the mining of ore from workings on and beneath the land package owned by the permittee • Conditions of the permit cover storage of explosives, blasting restrictions, tailings management, dam inspections and land reclamation SPDES (State Pollutant
Slide 25: Permitting, Environment, Health & Safety
Permitting, Environment, Health & Safety Chemical Bulk Storage Permit (CBS) Certificate • Covers cupric sulfate storage tanks within ore processing plant • Regulations cover over-fill protection, containment, labeling, gauging and alarm types Air Facility Registration Certificate • Covers emissions
Slide 26: Localization: Local Employment
Localization: Local Employment Total Workforce at Empire State Mines 250 • Raised $41.4M in October 2017 229 • Commitment to investing in the local workforce 200 • Since the start of the project, the workforce has grown from 24 to more than 200 people (74% are local) 74% local • ESM is working with
Slide 27: Training and Localization: Underground Basic Training Program
Training and Localization: Underground Basic Training Program • 13 week training program • First of 10 sessions started April 23 • Transition from mining contractor over the next 12 months • Trainees are paid as full-time employees, benefits are also provided First Class of Local Trainees TSX: TI 27
Slide 28: Support to the Local Community
Support to the Local Community • Donations to the Gouverneur Hospital in support of the Emergency Room Project • Support to local Fire Department • Sponsorship of local educational events Gouverneur Hospital Gouverneur Fire Department TSX: TI 28
Slide 29: Local Economic Impact
Local Economic Impact • Providing business for local restaurants, bars, motels, B&B Increase in Sales $275,000 (Taxes Collected) • Purchasing prescription safety glasses from the $270,000 local optician $265,000 9% increase $260,000 • Supporting other local vendors for the services, supplies and mat
Slide 30: Appendix
Appendix Opportunities to enhance economics relative to PEA Dilution control Initial pre-production capital cost breakdown Sensitivity analysis Zinc market Analyst coverage Empire State Mines ore types Mineral resources Historic mineralized material write-downs Augusta Group track record Management,
Slide 31: Opportunities to Enhance Economics Relative to the PEA
Opportunities to Enhance Economics Relative to the PEA Explanation Potential Benefit Use sorting technology to reject waste rock Lower rate of dilution and increased head Plant Feed Sorting mixed with mineralized mill feed grade entering the mill Simpler materials handling and reduction of Use Rail-
Slide 32: Dilution Control
Dilution Control Rigorous grade control is key • On-shift grade control geologist • Disciplined approach to sourcing incremental zinc mineralization • Tighter stope design TSX: TSX: TI TI 32
Slide 33: Grade Control: Face Mapping
Grade Control: Face Mapping • Document grade control procedures – match/monitor head grade 9.2% • Real time digital mapping at the face with industry leading technology • Not chasing incremental ore with design or production • Immediate confirmation of mineral resource model or variance • Full recon
Slide 34: Grade Control: Face Mapping
Grade Control: Face Mapping 10 mins Ore-waste contacts traced 2D ore and waste areas Visual area-weighted face on photo with stylus on determined grade calculated rugged tablet TSX: TI 34
Slide 35: Grade Control: MA3891 Current Face
Grade Control: MA3891 Current Face Area-weighted visual estimates • Ore Envelope Grade 12% Zinc • Full face grade 5% zinc (131% in-situ dilution) TSX: TI 35
Slide 36: Grade Control: MA3891 Previous Face
Grade Control: MA3891 Previous Face Area-weighted visual estimates • Ore envelope grade 15% zinc • Full face grade 10% zinc (47% in-situ dilution) TSX: TI 36
Slide 37: Grade Control: Image Processing
Grade Control: Image Processing Geological mapping accuracy • Traditional mapping sketches and projections are inaccurate • 3D mesh mapping fixes exact contact location, orientation and configuration • Realtime geological model monitoring / with changes in geological control direction communicated t
Slide 38: Initial Pre-Production Capital Cost Breakdown
Initial Pre-Production Capital Cost Breakdown(1) Item Cost ($M) Mining 5.3 Mineral Processing 1.1 Tailings Management - Infrastructure 0.8 Indirect Costs including EPCM 0.4 Owners Costs 0.1 Other - Contingency (10%) 1.0 Subtotal Refurbishment 8.6 Capitalized Pre-Commercial Production Operating Costs
Slide 39: Sensitivity Analysis
Sensitivity Analysis(1) Summary of Economic Post-Tax NPV8% Sensitivity $M Results Zinc Price Head Grade Unit Value C1 Cash Cost Capital Expenditures After-Tax NPV 0% $M $248 After-Tax NPV 8% $M $183 After-Tax NPV 10% $M $171 After-Tax IRR % 215% After-Tax Payback Years 0.8 NPV8% Sensitivity $M Pre-T
Slide 40: Zinc Prices Have Re-Rated Higher
Zinc Prices Have Re-Rated Higher As a 100% zinc producer, Titan is poised to benefit as zinc inventories appear to be approaching a critical level(1) LME Real Zinc Spot Price (2018 $/lb; LHS) LME Zinc Warehouse Stocks (‘000 metric tonnes; RHS) (1) The Company re-commenced mining operations at the Em
Slide 41: Zinc Market Balance
Zinc Market Balance Zinc Supply/Demand Forecast (‘000 Tonnes) Source: Wood Mackenzie, Scotiabank GBM estimates – April 4, 2018 TSX: TI 41
Slide 42: Western World Mine Closures vs Forecast New Supply
Western World Mine Closures vs Forecast New Supply Western Mine Closures vs Chinese Growth, New Projects and Mine Restarts (‘000 Tonnes) Source: Wood Mackenzie, Scotiabank GBM estimates – April 4, 2018 TSX: TI 42
Slide 43: Zinc Market Remains Tight
Zinc Market Remains Tight Limited mine supply, strong demand, and low inventories and treatment charges (TCs) Global Refined Zinc Implied Surplus/Deficit Source: Wood Mackenzie, Bloomberg, Scotiabank GBM, RBC Capital Markets TSX: TI 43
Slide 44: Zinc Uses
Zinc Uses 2016 Global Zinc 2016 Global Zinc Consumption by First Use Consumption by End Use Source: Wood Mackenzie and RBC Capital Markets TSX: TI 44
Slide 45: Analyst Coverage
Analyst Coverage Analyst Company Dalton Baretto Canaccord Genuity Orest Wowkodaw Scotiabank Shane Nagle National Bank Financial TSX: TI 45
Slide 46: Empire State Mine Ore Types
Empire State Mine Ore Types Primary (Parent) Ore • Conformable lenses (175m x 750m) • Sphalerite with pyrite and minor galena • ~1.0-3.0 Mt @ 11.5-14.5% Zn Remobilized (Daughter) Ore • Cross-cutting, elongate trends (125m x ~2000m) • Sphalerite with minor pyrite • ~1.5-4.5 Mt @ 8% Zn TSX: TI TSX: TI
Slide 47: Mineral Resources
Mineral Resources Mineral Resources at Empire State Mines’ #4 Mine as at January 31, 2018 Measured Indicated Measured & Indicated Inferred Mineralized Zones ‘000 Tons Grade (% Zn) ‘000 Tons Grade (% Zn) ‘000 Tons Grade (% Zn) ‘000 Tons Grade (% Zn) Mud Pond 337.0 10.40% 285.2 10.87% 622.2 10.61% 1,3
Slide 48: Historic Mineralized Material Write-Downs
Historic Mineralized Material Write-Downs(1,2) Proven Ore Probable Ore Proven Ore and Probable Ore Inferred Ore Zinc Contained Zinc Contained Zinc Contained Zinc Contained Year Area Tons Tons Tons Tons Grade Zinc Grade Zinc Grade Zinc Grade Zinc Balmat (No. 2 1985 824,225 7.11% 58,602 860,620 7.41%
Slide 49: The Augusta Group Track Record
The Augusta Group Track Record Extraordinary shareholder value realized through excellence in exploration and development(1) La Bodega gold project (Colombia) Rosemont copper project (Arizona) SOLD for ~C$1.6B in 2011 SOLD for ~C$666M in 2014 12,960% Share Price Increase 3,300% Share Price Increase
Slide 50: Experienced Management
Experienced Management Richard Warke Keith Boyle Michael McClelland Jerrold Annett President & CEO Chief Operating Officer Chief Financial Officer SVP, Corporate Development Richard Warke is a Vancouver- Keith Boyle has more than 30 Michael McClelland joined Jerrold Annett joined Titan in based mini
Slide 51: Experienced Management, cont'd
Experienced Management, cont’d Jacqueline Allison Scott Burkett Naomi Johnson Eric Strom VP, Investor Relations & VP, Exploration VP, Community Relations VP, Projects and Innovation Strategic Analysis Jacqueline Allison joined Titan Scott Burkett has over 10 Naomi Johnson joined Titan in Eric Strom
Slide 52: Directors & Advisors
Directors & Advisors Directors Richard W. Warke Purni Parikh George E. Pataki Lenard Boggio Executive Chairman Director Director Director Richard Warke is a Vancouver- Purni Parikh has more than 25 George E. Pataki is the co- Len Boggio was formerly a based mining executive and years of experience w
Slide 53: Directors & Advisors, cont'd
Directors & Advisors, cont’d Directors Advisors Gregory Clark James Gowans R. Stuart Angus Director Advisor Advisor Greg Clark has been retired James Gowans has more than Stuart Angus is an since 2013, prior to which he 30 years of experience in independent business advisor was a Licensed Aircraft m
Slide 54: Technical Report Qualified Persons
Technical Report Qualified Persons Qualified Person Company Professional Designation Mike Makarenko JDS Energy & Mining Inc. P.Eng. Matt Moss JDS Energy & Mining Inc. P.Eng. Indi Gopinathan JDS Energy & Mining Inc. P.Eng. Allan Reeves Tuun Consulting Inc. P.Geo. Robert Raponi TR Raponi Consulting Lt
Slide 55: The Newest U.S. Zinc Producer – Exploration
TSX: TI THE NEWEST U.S. ZINC PRODUCER LEVERING EXCESS CAPACITY TO DRIVE CASH FLOW GROWTH ANALYST/INVESTOR SITE VISIT EXPLORATION June 13, 2018 TSX: TI
Slide 56: Geologic Setting
> Geologic Setting Adirondack Lowlands Geology 44° 22°30" Phitadelphia ———— 10 km Pa 79° 30 4400715" 19 45 — 2 TITAN _ TSX: TI Carthage-Cor ton Shear Harrisville| y 44° 0718" 7815" 4q° 22°30" Adirondack Lowlands 44° 0715" Central Medisedimentary Belt Metalaneous Suite Dp Rockport Gneisses ae Antwerp
Slide 57: Upper Marble Stratigraphy
Upper Marble Stratigraphy Mineralization Types Primary mineralization Unit 14 (#2 Mine, Hyatt) Unit 11 (Fowler) Unit 6 (Gleason) Secondary mineralization Crosscuts stratigraphy Mud Pond, Mahler, New Fold #2 Deep TSX: TI TSX: TI 4
Slide 58: Potential within Historical Data
Potential within Historical Data Compiling, digitizing and modelling existing data • 100 years of historical exploration ‒ ~800 kilometers of available drill data • Consolidating and assessing exploration data from multiple programs and operators Historic data review ongoing • 40% complete Modelling
Slide 59: Remnants – Fowler (Looking Southwest)
Remnants – Fowler (Looking Southwest) 2500 level shop Training area Remnant material TSX: TI 6
Slide 60: Near-Mine Opportunities – Plan View
Near-Mine Opportunities – Plan View Below Mahler Untested Opportunities • Known mineralized domains remain open down plunge Below Mud Pond Untested • Significant intercepts without follow up drilling (#2 Deep, #1 Deep and NE Streeter) • Potential for discoveries at depth Gleason West • Lack of deep
Slide 61: #2 Deep-Plan View
#2 Deep #2 Deep-Plan View Historic Drill Intercepts holeid length zn% ft% 0624-F 15 9.85 147.8 Open including 8 16.9 135.2 and 0624-F 0624-F 54 5.06 273.3 including 9 10.8 97.2 1877-B 42 5.7 237.9 1,100 ft including 17 9.3 158.1 1878-B 44.5 5.3 234 including 11 11.5 126.5 #2 Deep Open and 1878-B 78
Slide 62: #2 Deep and #1 Deep - Section Looking East
#2 Deep and #1 Deep - Section Looking East Proposed Drillhole #1 Deep Historic Mineralized Material (2004) 410,300 tons @ 6.95% Zn 2560B 33 feet @ 12% Zn 396 ft% 2589B 4 feet @ 15% Zn 60 ft% 0624-F Shaft Bottom at 3100 level TSX: TI 9
Slide 63: Plan Map – Gap Zone -> Hyatt District Exploration
Plan Map – Gap Zone -> Hyatt District Exploration Drilling • Gap Zone – currently drilling third hole • High priority target; potential down-plunge extension of known mineralized zones Sully • Sully/West Branch Historic Drill Intercepts • 24 hole program designed 2018 Gap Drilling to test extensions
Slide 64: Regional Exploration
Regional Exploration Indicator Mineral Orientation N • To determine if known mineralized zones contain heavy indicator minerals dispersed by glaciers (e.g. gahnite). Reconnaissance Survey Edwards Mine • Wide-spaced recon samples to vector in on drill targets. Hyatt Mine • Allows for prospecting belo
Slide 65: Regional Exploration – Structural Contour Mapping
ESM Mines – Structural Contour Mapping Regional Exploration Re-interpretation of VTEM • Using magnetic data to generate a sub surface structural contour map • Anomalies represent structures with lateral continuity with increasing depth ESM Mines • Correlation between anomalies and known deposits Min
Slide 66: Mineral Resource Upgrade and Expansion Potential
Plan View of #4 Mine Mineral Resource Upgrade and Expansion Potential Potential to expand production and increase mine life Mineral resources are in seven mineralized zones with excellent potential for zone extension Mineralized zones occur at depth of 1,400 - 5,500 feet and generally plunge to
Slide 67: Mineral Resource
Mineral Resource Resource Growth Expanding resource – inferred mineral resource more than doubled in Q1 2018(2) to 5.4M tons at undiluted grade of 12.50% zinc from previous estimate of 2.3M tons at undiluted grade of 13.37% zinc Mineral Resources at Empire State Mines’ #4 Mine as at January 31, 20
Slide 68: Growth Strategy – Exploration
Growth Strategy – Exploration Pipeline Growth Regional Throughput – Tons per Day (tpd) 6,000 Targets District 5,000 Targets Fill the 4,000 Mill Near-Mine 3,000 Potential Fill the 2,000 Current Shaft Resource PEA 1,000 Mine Life Extension from In-Mine Zone Extensions and Targets Preliminary E
Slide 69: The Newest U.S. Zinc Producer – Projects and Innovation
TSX: TI THE NEWEST U.S. ZINC PRODUCER LEVERING EXCESS CAPACITY TO DRIVE CASH FLOW GROWTH ANALYST/INVESTOR SITE VISIT PROJECTS AND INNOVATION JUNE 13, 2018 TSX: TI
Slide 70: Three-Pronged Growth Strategy
Three-Pronged Growth Strategy Modernize the Operation -> 1,800 TPD -> 3,000 TPD -> 5,000 TPD Equipment largely in Haulage upgrade Hoisting / haulage upgrade II place Mobile fleet additions Mobile fleet additions Current production Pastefill Ventilation upgrade profile Current resou
Slide 71: Innovation Strategy
Innovation Strategy Operate through shift change Use tele-remote equipment to utilize time between shifts Increase time at face by 20% Remove operator from the environment TSX: TI 4
Slide 72: Innovation Strategy
Innovation Strategy Location Data and Short Interval Control Use an updated communications backbone to provide up-to- the-minute location and production data 50% of ESM production from longhole methods, balance from small diameter drill and blast cycle Managing the movement of machines and peo
Slide 73: Projects: -> 3,000 TPD
Projects: -> 3,000 TPD Additional Workplaces • Raises production with an incremental capital investment • Additional people and equipment • Ventilation • Remnant mining located in the Upper Mud Pond, Sylvia Lake and Fowler historic mining areas • Life-of-mine studies to be completed before year-end
Slide 74: Projects: -> 3,000 TPD
Projects: -> 3,000 TPD Improvements in Haulage • Lower extremities of mine require a more cost effective, ventilation efficient method than trucking • Rail-veyor is an attractive option – efficient and proven technology • Reduced mining costs relative to trucking • No improvements to ventilation sys
Slide 75: Remnant Mining
Remnant Mining Mining of Upper Mud Pond, Sylvia Lake and Fowler Mineral Resource • Inspection of the historic areas so far has found: • Some rehab required, remote surveying will be necessary • Materials handling system already in place Surveying drone in use at Vale TSX: TI 8
Slide 76: Remnant Mining
Remnant Mining Mining of Upper Mud Pond, Sylvia Lake and Fowler • Preparing for a mining operation that uses area-specific (bespoke) mine designs • Concept for the zone; tool box of solutions for different situations: • Ground support tools and methods (support types, monitoring methods, pastefill,
Slide 77: Projects: -> 5,000 TPD
Projects: -> 5,000 TPD Potential Sources of Incremental Mill Feed • Current mineral resources • Additional resource potential in remnant areas • Other near-mine opportunities (including #2 Deep, #1 Deep, NE Streeter) • Truck-in ore sources such as historic Hyatt and Edwards mines • Future discoverie
Slide 78: Projects: -> 5,000 TPD
Projects: -> 5,000 TPD Defining the Excess Capacity Above 3,800 TPD • Capability assessment work is defining upside potential for hoist and haulage systems. • Review of hoisting underway – potential to exceed 3,800 TPD • Hoist motor and controls upgrade planned by mid-2019 to ensure reliability • In
Slide 79: Modernization – Driving Growth, Improved Efficiencies and Lower Costs
Modernization – Driving Growth, Improved Efficiencies and Lower Costs Modernization has started – advancing towards 1,800 tpd milestone Opportunities exist to reduce capital costs New technology is off-the-shelf – proven and available TSX: TI 12
Slide 80: For More Information Contact
Table Style TSX: TI www.titanminingcorp.com FOR MORE INFORMATION CONTACT: Jerrold Annett Senior Vice President, Corporate Development 416-366-5678 Ext. 207 jannett@titanminingcorp.com Jacqueline Allison Vice President, Investor Relations and Strategic Analysis 416-366-5678 Ext. 205 jallison@titanmin