Titan Mining Corporation has announced positive results from its 2018 exploration program at the Empire State zinc mine.
Titan Mining Corporation (TSX:TI) today (June 13) announced positive results from its 2018 exploration program at the Empire State zinc mine.
According to the company an ongoing review of historical data has led to the identification of two new zones: the #2 Deep Zone and the NE Streeter Zone.
As quoted in the press release:
As part of the previously announced plan to expand throughput to 3,000 tons per day in 2020, engineering work has begun on several fronts to support the economic analysis of the updated mineral resource. The #2 Deep and NE Streeter zones are not included in the current mineral resource at the Empire State Mine, and there is potential for all three zones to provide additional mineral resources for the updated life-of-mine plan expected before year-end. All zones are above the current shaft bottom at 3,100 feet below surface.
As quoted in the press release, vice president for exploration at Titan Mining Scott Burkett said:
“Our inventory of exploration targets has increased during the short review so far. We are excited about testing down-plunge extensions of known mineralization. Follow up drilling is planned as all three zones have the potential to add significantly to our resource base and can be developed relatively quickly and inexpensively given their proximity to current mine infrastructure.”