- Production supported by current mineral resources with potential for near-mine resource additions
- Current source is ESM #4 mine – multiple zones in production; Mahler, New Fold and Mud Pond
- Near-mine open-pit mineralization discovery announced Nov 2019 and Jan 2020
- Future discovery potential through additional near-mine exploration
- Current source is ESM #4 mine – multiple zones in production; Mahler, New Fold and Mud Pond
- Targeting large, high-grade deposits (15 to 30+ Mt at 10% zinc) – new ideas and modern approach to exploration led by award-winning¹ team
Potential Near-Term Incremental Mill Feed
Turnpike Project
Turnpike Location Relative to ESM #4 Mine
- Fully Permitted
- Shallow zones of near-mine open-pit mineralization discovered in Nov 2019, definition and exploration drilling continued through 2023
- Potential to add low-cost production
- Strategic zones to achieve Company’s strategy of providing feed to ESM mill with over 3,000 tpd of excess capacity in an effort to dramatically increase production and lower costs
- Future discovery potential through additional near-mine exploration
- Production methods currently being evaluated, with potential for both open pit and under ground operations
Underground Drilling
Plan View of ESM #4 Mine and #2D Zone, and Turnpike
- Utilizing Company-owned and operated underground drills (<$20/ft)
- Delineation of additional mineralization in Mahler, Mud Pond and New Fold
- Data used to refine current mine plan in preparation for development in 2024 and beyond
- Mahler
- Mud Pond
- New Fold
- #2D
Surface Drilling
- Delineation of additional mineralization at Turnpike
H2 2024 - FY 2025
Exploration Targets throughout Prolific Zinc District
- Drill Planning – Priority Targets
- Pleasant Valley (Balmat-Pierrepont Trend)
- Pork Creek (Balmat-Pierrepont Trend)
- Bend (Historically Documented Zn)
- Bostwick/Grindstone (Historically Documented Zn)
- Moss Ridge (Documented Zn Mineralization)
- Hanna (Documented Zn Mineralization)
- Pleasant Valley (Balmat-Pierrepont Trend)
- Drill Planning – Developing Targets
- Beaver Creek
- Maple Ridge
- Greenwood
- Beaver Creek
- Surface Geochemical sampling to continue in 2024 and beyond.
- Phased approach to evaluating ESM’s Mineral tenure
- Includes soil, rock and water sampling.
- Phased approach to evaluating ESM’s Mineral tenure
- Continued prospecting within district
- Use of historic data for target generation and land acquisition
1. Don Taylor is the recipient of PDAC’s 2018 Thayer Lindsley Award for the 2014 discovery of the world-class Taylor lead-zinc-silver deposit in Arizona
For additional information, refer to the Technical Report entitled, "Empire State Mines 2021 NI 43-101 Technical Report" with an effective date of February 24, 2021 and filed on Titan's SEDAR profile.
