Titan Mining to Start Shipping First Graphite Product and Feasibility Study Underway for 40,000 tpa Integrated Kilbourne Graphite Project

Project Designed to Supply ~50% of U.S. Natural Graphite Demand, Directly Addressing America’s 100% Import Reliance

March 11, 2026 06:00 ET

GOUVERNEUR, N.Y., March 11, 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 announced the commencement of shipping of graphite concentrate from its demonstration facility and formal launch of its fully-funded Feasibility Study (“FS”) for its planned 40,000 tonne per annum Kilbourne Graphite Project in New York.

The graphite demonstration plant at ESM has produced ~1,600 kgs of graphite concentrate and continues to ramp up to its nameplate capacity. Customer qualification shipments are underway. Titan is the only end to end producer of natural flake graphite in the United States and is actively working to end 100% import reliance of this critical material for energy, defense, and industrial uses.

As part of advancing the Feasibility Study, infill drilling, together with geotechnical and exploration drilling aimed at mineral resource expansion, commenced in the fourth quarter of 2025. With approximately 82% of infill drilling and 51% of exploration drilling now complete, the Company expects to both expand its current mineral resource estimate and further optimize mine design.

Highlights

• Feasibility Study launched for planned scale up to 40,000 tpa integrated mining and processing operation in New York state
• Multidisciplinary engineering team appointed to advance the project toward commercial development
• Study co-funded by the Export-Import Bank of the United States (EXIM) to support the compilation of technical information to progress project financing
• Construction decision targeted for later this year / early 2027
• Project designed to supply ~50% of U.S. natural graphite demand

The Feasibility Study represents a critical milestone in transitioning Kilbourne from demonstration-scale production to a fully integrated mine, concentrator, and secondary transformation operation producing various graphite products.

The study will evaluate final mine design, resource upgrade to reserves, processing optimization, infrastructure requirements, environmental advancement, and detailed capital and operating cost estimates.

Titan is targeting a construction decision in late 2026 or early 2027, with construction activities anticipated to commence in 2027, subject to study results, permitting progress, and financing.

Rita Adiani, President and Chief Executive Officer of Titan Mining, commented:
“The launch of the Feasibility Study marks Kilbourne’s transition from concept to execution. With an integrated mine-to-processed graphite strategy and federal financing support, we are advancing a project designed to strengthen U.S. supply chain resilience and enable large-scale domestic natural graphite production in the near term.”

Feasibility Study Team:

• M3 Engineering & Technology Corp.: Lead engineering firm and Feasibility Study coordination, including overall study integration and infrastructure design
• Metpro Management Inc.: Concentrator process design and metallurgical engineering
• Dorfner Anzaplan UK Ltd: Secondary transformation and refining process design
• BBA Consultant USA LP: Mineral resource and technical advisory support
• Fuse Advisors Inc. (Part of SLR Consulting): Mining engineering and technical services

Additional specialist consultants will be engaged as study scopes are finalized.

About Titan Mining Corporation

Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York state. Titan is also a natural flake graphite producer and the USA’s first end-to-end producer of natural flake graphite in 70 years. Titan’s goal is to deliver shareholder value through operational excellence, development and exploration. We have a strong commitment towards developing critical minerals assets which enhance the security of the domestic supply chain. For more information on the Company, please visit our website at www.titanminingcorp.com

Media & Investor Contact

Irina Kuznetsova
Director, Investor Relations
Phone: (778) 870-7735
Email: info@titanminingcorp.com

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