GOUVERNEUR, N.Y., July 07, 2026 (GLOBE NEWSWIRE) -- Titan Mining Corporation (NYSE-A:TII, TSX:TI), ("Titan" or the "Company") an existing zinc concentrate producer in upstate New York and the only end to end producer of natural flake graphite in the U.S., today provided an update on its germanium (Ge) evaluation program at its 100%-owned Empire State Mines property. A property-wide reconnaissance program has confirmed elevated germanium across the Balmat-Edwards mineral system, in both primary zinc ore and historic tailings, establishing district-wide enrichment as a characteristic of the system rather than a localized occurrence.
HIGHLIGHTS
District-Wide Enrichment Confirmed: sampling across six underground ore bodies and two historic tailings facilities confirmed elevated germanium across the Balmat-Edwards zinc system.
Priority Targets Identified:
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18.8 million short tons (internal engineering estimate) at Number 4 tailings, with five samples ranging from 18.1 to 31.3 ppm
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4.97 million short tons (based on historical mill production records) at Edwards tailings facility, with two samples ranging from 30.1 to 44.7 ppm
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600,000 short tons in the current mineral resource estimate at Mud Pond Main, with three samples ranging from 4.5 to 85.6 ppm
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Enrichment Confirmed Across All Sampled Zones: individual characterization sample results by zone are summarized below (see Tables 1 and 2 and accompanying notes):
Zone / Facility | Germanium Sample Results (ppm) |
Upper Mahler (MWD) | 26.1 – 32.3 |
Lower Mahler (LMA) | 11.4 – 81.1 |
New Fold | 8.7 – 49.7 |
N2D | 5.0 – 20.6 |
Mud Pond Apron | 4.6 – 18.1 |
Mud Pond Main | 4.5 – 85.6 |
Number 4 Tailings | 18.1 – 31.3 |
Edwards Tailings | 30.1 – 44.7 |
Current Germanium Prices: approximately US$6,000/kg (US$6/g; 1 ppm = 1 g/t), with demand expected to benefit from growth in semiconductor, AI, defense and fiber optic technologies.
"As North America continues to prioritize secure domestic sources of critical minerals, we're well positioned to play an important role in that supply chain," said Rita Adiani, President and CEO of Titan Mining. "These results confirm that germanium is a district-wide characteristic of the mineral system at Empire State Mines, not a localized occurrence. We are seeing consistent germanium tenor across multiple historic tailings facilities and meaningful values in primary ore. That breadth is why we are concentrating the next phase of work on two targets, Mud Pond Main, and Edwards, which is among the larger tailings facilities on the property. Current strong germanium pricing, with landed US pricing at over $6,000/kg, creates an incentive for detailed investigation into these areas."