Titan Mining Reports 37% Revenue Growth and Lower Costs in Q1 2025

Core Insights - Titan Mining Corporation reported a 37% year-over-year revenue increase for Q1 2025, reaching $16.02 million, alongside a 4$2.69 million, up 922% year-over-year [7][8] - Exploration results indicate potential mineral resource expansion, with a notable intercept of 11.6 feet at 13.7% Zn, approximately 1,750 feet outside the current mineral resource model [4][11] Financial Performance - Revenue for Q1 2025 was $16.02 million, a 37$11.73 million in Q1 2024 [7] - Net income after tax was $0.35 million, compared to a loss of$2.63 million in Q1 2024 [7] - Cash flow from operating activities was $2.69 million, significantly up from$0.26 million in Q1 2024 [7] Operational Highlights - The average realized zinc price was $1.29 per pound, up from$1.11 per pound in Q1 2024 [7] - C1 cash costs decreased to $0.91 per pound, down 6$0.97 per pound in Q1 2024, while AISC was $0.96 per pound, down 4$1.00 per pound in Q1 2024 [7][8] - The company drilled 22 holes totaling 9,213 feet in underground exploration, focusing on the Mahler, New Fold, and Mud Pond zones [11] Strategic Developments - Titan is advancing its dual-commodity growth plan with robust cash flow from zinc operations and rapid progress on the Kilbourne graphite project [5][10] - The Kilbourne Graphite Project is on track to produce 1,000–1,200 tonnes of graphite concentrate per year, with plans to increase production to 40,000 tonnes per year, marking the first fully integrated natural flake graphite production in the U.S. since 1956 [10][28] - The company is implementing a production expansion from 1,750 to 2,250 tons/day, expected to be completed by year-end [9][28]