Titan Mining confirms germanium potential at Empire State Mines
TSX- and NYSE-listed Titan Mining has confirmed elevated germanium mineralisation 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 localised occurrence.
Titan produces zinc concentrate and natural flake graphite in the US, all from the Empire State Mines operation, in St. Lawrence County, New York.
The company undertook a property-wide reconnaissance programme to confirm germanium mineralisation on site, particularly through sampling across six underground ore bodies and two historic tailings facilities.
Some priority targets have identified 18.8-million short tons at Number 4 tailings, with five samples ranging from 18.1 to 31.3 parts per million (ppm); 4.97-million short tons at Edwards tailings facility, with two samples ranging from 30.1 to 44.7 ppm; and 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.
Germanium currently trades at $6 000/kg, or $6/g, with one part per million equating to one gram per ton.
Titan Mining CEO and president Rita Adiani says as North America continues to prioritise domestic sources of critical minerals, the company is well positioned to play an important role in that supply chain.
"These results confirm that germanium is a districtwide characteristic of the mineral system at Empire State Mines and not a localised 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," she states.
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