Titan Mining Corp. · TSX:TI
Titan Mining — Investor Presentation (October 2024)
23 slides from Titan Mining's investor presentation, October 2024
Slide 1: Built for Growth
TSX: TI STREGHTENING THE U.S DOMESTIC SUPPLY OF BUILT CRITICAL MATERIALS FOR October 2024 GROWTH
Slide 2: Cautionary Notes
CAUTIONARY NOTES Forward-Looking Information: This presentation contains "forward-looking information" within the meaning of Canadian securities laws. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects", "is exp
Slide 3: Track Record of Value Creation
| TRACK RECORD OF VALUE CREATION CURRENT AUGUSTA COMPANY RETURNS PAST AUGUSTA COMPANY RETURNS TSX: SLS TSX: TI TSX: G 12,960% 3,300% 6,100% 1,000% OTCQB: SLSSF OTCQB: AUGG return return return return $513M $40M $80M SOLD for $1.6B SOLD for $667M SOLD for $2.1B $1.6B Market Cap Market Cap Market Cap
Slide 4: Best-in-Class Leadership
Best-in-Class Leadership Richard Warke | Executive Chairman Proven success in Consistent record of creating shareholder value at Augusta capital markets, as Group, with more than 35 years' experience in the international well as responsible resource sector. exploration, development and Donald Taylor
Slide 5: Capital Structure
CAPITAL STRUCTURE ➢ Optimizing cash flow Delivering extraordinary shareholder value through ➢ Trading at a significant discount to most small - exploration, development intermediate producers and operational excellence ➢ Closely held by management and insiders ➢ Commitment to integrity and trust, co
Slide 6: U.S. Production Base with Growth
U.S PRODUCTION BASE WITH GROWTH >80,000 acres of mineral rights controlled throughout district ➢ Location and Infrastructure • Cashflow-positive zinc producer in upstate NY • District scale potential with large land package (>80,000 acres) in 100 year old mining district • Safety record below nation
Slide 7: 2023 Zinc Production Exceeded Guidance with Record Safety
2023 ZINC PRODUCTION EXCEEDED GUIDANCE WITH RECORD SAFETY 2024 ESM Production and Cost Guidance ➢ Record safety year with injury frequency rate Payable Production Zinc 56-60 Million lbs of 0.7; 70% lower than national average C1 Cash Cost1 0.98– 1.02 per lb ➢ Exceeded 2023 guidance of 54-58 M pounds
Slide 8: Zinc Improving Performance and Trajectory
ZINC IMPROVING PERFORMANCE AND TRAJECTORY Notes: ➢ Site operating cost includes Mining, Processing, G&A, and concentrate transportation ➢ Offsite cost include treatment charge, penalties, and royalties ➢ Sustaining capex excludes expansion capex ➢ Low AISC in Q2-24 largely driven by treatment charge
Slide 9: Surface Exploration Planning: Regional
SURFACE EXPLORATION PLANNING: REGIONAL ➢ Drilling (Red) ➢ Pleasant Valley/ Pork Creek ➢ Bend ➢ Moss Ridge ➢ Bostwick Maple Ridge ➢ Developing Drill Targets (Red) ➢ Beaver Creek Moss Ridge ➢ Maple Ridge ➢ Greenwood Beaver Creek ➢ Drilling and Geochem Target (Yellow) Bostwick ➢ Hanna Moss Ridge SW Han
Slide 10: Resource Expansion Potential at #4 and #2D
RESOURCE EXPANSION POTENTIAL AT #4 AND #2D ➢ #4 mine – mineralized zones generally plunge to northeast; potential to extend zones up and down-plunge ➢ Underground exploration drilling following up on intercepted mineralization between Mahler and New Fold. ➢ #2D zone – More than 2,000ft of strike len
Slide 11: Zinc - Mineral Resource
ZINC - MINERAL RESOURCE Underground as of October 1, 2020 Consistent Resource Expansion Tons Contained ➢ Continued growth by the drill bit - Titan is Zn Category (000’s US short Pounds (%) confident in its ability to grow its mineral tons) (M Lbs) resources and production profile over time Measured
Slide 12: Near-Mine and District Exploration
NEAR-MINE AND DISTRICT EXPLORATION ➢ Production supported by current mineral resources with potential for near-mine resource additions • Current source is ESM #4 mine – multiple zones in production; Mahler, New Fold, #2D, and Mud Pond • Drilling continues to expand and discover additional mineraliza
Slide 13: Kilbourne Graphite Target – Significant Discovery
KILBOURNE GRAPHITE TARGET – SIGNIFICANT DISCOVERY ➢ Kilbourne mineralization outcrops within ESM’s active use permit • Currently ~8,250 ft (2,515 m) of strike length within permit • Additional ~17,000 ft (5,182 m) of total strike length to the East and South within ESM’s mineral rights Empire State
Slide 14: Kilbourne Graphite – Exploration Update
KILBOURNE GRAPHITE – EXPLORATION UPDATE ➢ Phase 1 of Kilbourne Drilling (Dec 23 – Jun 24) ➢ 39 holes completed ➢ Total 11,916 ft (3,362 m) of drilling ➢ Tested 8,225 ft (2,507 m) of strike length ➢ Upper mineralized zone averages 57 ft with an average grade of 3.1% Cg. ➢ Lower mineralized zone avera
Slide 15: Graphite – Natural Graphite Supply/Demand Balance
GRAPHITE –NATURAL GRAPHITE SUPPLY/DEMAND BALANCE Market Balance (Natural Flake Graphite) (Million MT) 8.00 6.00 4.00 2.00 - 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 (2.00) (4.00) (6.00) Total Demand Total Supply Surplus/deficit Supply/Demand by Flake Size
Slide 16: Graphite – Consumption by Type and Region
GRAPHITE – CONSUMPTION BY TYPE AND REGION Natural Flake Graphite Demand by Geography (Million MT) 8.00 7.00 6.00 5.00 4.00 3.00 2.00 1.00 - 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 China ROA EU North America South America Other ➢ No domestic commercial pro
Slide 17: Battery Capacity Installations in North America and Europe
BATTERY CAPACITY INSTALLATIONS IN NORTH AMERICA AND EUROPE ➢ ESM is located within close proximity ➢ As of 2021 roughly 1,265 GWh of ➢ Graphite mineralization at ESM is to planned secondary processing battery capacity being built in North within ESM’s permit, providing a facilities and North America
Slide 18: Short Term Key Catalysts
SHORT TERM KEY CATALYSTS Maiden Resource Economic analysis FY 2025 Guidance Statement for relating to Kilbourne Update – Kilbourne Graphite – Graphite – Q1 2025 Q4 2024 2025 Updated Resource District exploration Infill drilling on Kilbourne Statement and LOM update and forward and continued for Zinc
Slide 19: Appendix
APPENDIX ZC TITAN
Slide 20: Our Approach to Sustainability
OUR APPROACH TO SUSTAINABILITY GUIDING ➢ Our employees are governed by a commitment to integrity, trust, community involvement as well as environment and social stewardship APPROACH ➢ Our projects are developed with the goal of delivering long-term mutual economic benefits for employees, communities
Slide 21: History of Exploration Success | Potential for Additional Discoveries
HISTORY OF EXPLORATION SUCCESS | Potential for Additional Discoveries Many discoveries made during a century of mining operations ➢ Minimal exploration during 2000-2010 period ➢ District remains highly prospective – refocus on exploration concurrent with production | 21
Slide 22: Cautionary Notes
CAUTIONARY NOTES Scientific and Technical Information The scientific and technical information contained in this presentation relating to ESM’s zinc operations was based upon the technical report titled “Empire State Mines 2021 NI 43-101 Technical Report (Amended)”, prepared by qualified persons, D.
Slide 23: TSX: TI
TSX: TI Email: info@titanminingcorp.com Phone: 604-687-1717 www.titanminingcorp.com OTCQB: TIMCF