Titan Mining Partners with Teck Resources to Evaluate Germanium Recovery

Titan Mining announced that it has entered into a cooperation agreement with Teck Resources to evaluate the recovery of germanium, or Ge, from existing processing streams at its Empire State Mines, or 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. The Cooperation Agreement contemplates evaluation of the potential for approximately ~13,000 kg/year 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. Germanium is hosted in material currently reporting to waste streams, offering a pathway to recovery from existing operations. Leverages existing mining and processing infrastructure without expanding mining footprint. 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. The U.S. currently has limited domestic supply and processing capacity, increasing the importance of new, secure sources. Under the agreement, Titan and Teck will: Evaluate upgraded ESM process streams as a potential germanium-bearing feedstock for Trail Operations; Define minimum feed specifications required by the Trail circuit; and Assess commercial parameters, including potential volumes and payability with a view towards entering into long-term offtake arrangements.