Titan Mining (TSX: TI) Gains by 5% to $0.63 Per Share
On April 17th, NIA suggested Titan Mining (TSX: TI) at $0.56 per share explaining that it has the same CEO as our Augusta Gold (TSX: G) so it is 100% guaranteed to become a huge success due to their 100% perfect track record of building successful companies. TI gained by 5% on Friday to $0.63 per share and is so far up by 12.5% since NIA’s suggestion.
TI has just announced the addition of 43,943 acres of mineral rights through lease and option agreements with St. Lawrence County, New York. This expansion brings Titan’s total mineral tenure in upstate New York to over 120,000 acres, increasing the discovery opportunities for additional zinc and graphite resources as well as iron-oxide copper gold deposits.
TI has consolidated the mineralized trend between their Empire State Mine and the historic Edwards Mine (6,567,660 tons produced at 10.76% Zn).
TI has committed to giving qualified St. Lawrence County residents hiring priority for jobs created through exploration and development.
A portion of the expanded land package includes the historic Adirondack Magnetite District, an area with a long history of iron mining but minimal modern exploration for copper and gold often associated with these type deposits. Significant geological and geophysical evidence highlight the size potential of the iron bodies. Historic drilling has encountered magnetite to a depth of 600 feet. Reported in the historic drilling are zones of copper mineralization that were not assayed. Assays of recent surface sampling by ESM geologists have returned gold values of up to 0.41 g/t Au, with trace copper up to 0.05%. A surface exploration program is planned to identify areas of higher potential within the iron bodies which will be followed by surface diamond drilling.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA’s President has purchased 232,200 shares of G and may purchase more shares. This message is meant for informational and educational purposes only and does not provide investment advice.
