Titan Mining Corporation ("Titan" or the "Company"), an existing zinc concentrate producer in upstate New York and the only U.S. end-to-end producer of natural flake graphite, today announced that it has entered into a cooperation agreement with Teck Resources Limited ("Teck") to evaluate the recovery of germanium ("Ge") from existing processing streams at its Empire State Mines ("ESM"), representing a potentially new significant revenue opportunity and supporting domestic supply of materials essential for defense, semi-conductors and chip manufacturing. Teck's Trail Operations is the only commercial-scale facility in North America recovering germanium from primary sources.

HIGHLIGHTS

  • Unlocking value from waste streams: The Cooperation Agreement contemplates evaluation of the potential for approximately ~13,000 kg/year1 of contained germanium within existing ESM process streams
  • Substantial cash flow potential: Initial review indicates strong economics, creating the opportunity to generate potential additional cash flow from material already being processed
  • No additional mining required: Germanium is hosted in material currently reporting to waste streams, offering a pathway to recovery from existing operations
  • Capital-efficient strategy: Leverages existing mining and processing infrastructure without expanding mining footprint
  • Strategic partnership with established processor: Collaboration with Teck, which has an established North American germanium recovery platform at Trail
  • Aligned with U.S. critical minerals strategy: Supports domestic supply of germanium, a material essential to defense, semiconductors, and communications applications

STRATEGIC OVERVIEW

Germanium is a critical mineral used in:

  • Defense applications, including infrared optics
  • Semiconductor and chip manufacturing
  • Fiber optic and communications infrastructure

The United States currently has limited domestic supply and processing capacity, increasing the importance of new, secure sources.

At ESM, germanium occurs within material not associated with the primary zinc sulfide mineralization. As a result, it currently reports to processing waste streams rather than being recovered.

These waste streams, particularly the large-volume scavenger tails circuit, represent a potentially meaningful and currently unmonetized source of contained germanium.1

This initiative is designed to evaluate a capital-efficient pathway to unlock a critical mineral from material that is already mined and processed, without requiring additional mining activity.