Vancouver, BC – March 21, 2024 – Titan Mining Corporation (TSX: TI) (“Titan” or the "Company") announces the results for the year ended December 31, 2023. (All amounts are in U.S. dollars unless otherwise stated).

Don Taylor, President and Chief Executive Officer of Titan, commented, “Titan finished 2023 with a strong fourth quarter in both safety and production which allowed Empire State Mine (“ESM”) to produce a record 61.0 million payable zinc pounds in 2023. As we enter 2024 our plans are to continue the upward trajectory on production while improving our safety performance.”

FY 2023 HIGHLIGHTS:

Safest year of operations on record at the Empire State Mine since re-opening, with an injury frequency rate of 0.7, 70% lower than the national average.
Produced 13.9 million pounds of payable zinc in the fourth quarter of 2023 and a record 61 million payable pounds of zinc in 2023, a 16% increase over the prior year.
Announced the discovery of the Kilbourne graphite trend, an extensively drill-tested graphite-bearing trend located on permitted lands.
Drilling began in December 2023 with eight holes totaling 2,074 ft completed to date with an additional 10,000 ft scheduled for 2024.
An initial bulk sample was identified and collected in January 2024
TABLE 1 Financial and Operating Highlights

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