Titan Mining Corporation provides an update on dividend and exploration programs at the Company's 100% owned Empire State Mine in upstate New York. Drilling has focused on discovering, expanding, and delineating near mine mineralization within proximity to active and planned operational areas at ESM. Both surface and underground programs have been successful in intercepting significant zinc mineralization that will be accretive to the overall mineral resource.

The surface drilling program included a total of 16,240 ft targeting modeled extents of near mine, near surface mineralization at the planned Turnpike (formerly Sphaleros) expansion project. Significant mineralized intercepts from surfaceinclude: 49.5 feet assaying 9.3% zinc, 3.2% lead, and 24.3 g/t silver Including 15.1 feet assaying 16.1% zinc, 5.2% lead, and 37.8 g/t silver 27 feet assaying 13.2% zinc, 3.6% lead, and 30.6 g/t silver Including 12.6 feet assaying 19.8% zinc, 5.6% lead, and 49.4 g/t silver 26.3 feet assaying 14.9% zinc, 3.9% lead, and 34.9 g/t silver 23.9 feet assaying 14% zinc, 3.7% lead, and 33.4 g/t silver 15.5 feet assaying 14.9% zinc, 0.6% lead, and 6.9 g/t silver Surface drilling was successful in intercepting extensions of historically mined areas, and in testing and validating the modeled extent and scale of historic mining activity. Drilling will continue with a full mineral resource estimate update planned for First Quarter 2024.

Underground exploration continues to target a newly identified zone of mineralization between the Mahler and New Fold mining areas, first announced in the company's press release dated January 31, 2023 (Titan Mining Announces Discovery of New Zone of Near-Mine Mineralization Including 48.7 ft at 23.91% Zinc). Assays from drill holes completed to date continue to support the robust nature of the zone. The mineralization intercepted in the initial four holes of the program has been successfully tested along a modeled structural horizon between the Mahler and New Fold ore bodies.

Five of the subsequent holes intercepted this mineralized horizon along strike as well as up and down dip. Drilling will continue to target this mineralized zone to further understand its relationship to the neighboring ore bodies.