VANCOUVER, British Columbia, May 14, 2024 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI) ("Titan" or the "Company") announces the results for the quarter ended March 31, 2024. (All amounts are in U.S. dollars unless otherwise stated) Don Taylor, President and Chief Executive Officer of Titan, commented, "We are pleased to announce that the Empire State Mine has been recognized by MSHA for its outstanding safety performance in 2023 with two ‘Certificates of Achievement in Safety'. In addition to the outstanding safety performance ESM continues to meet or exceed production goals remaining on track to produce an estimated 56-60 million pounds of payable zinc during 2024. The management and workforce at ESM have established a firm foundation for both production and safety as we contemplate the Turnpike expansion project and development of the Kilbourne graphite project." Q1 2024 HIGHLIGHTS: Produced 14.7 million pounds of payable zinc Advanced the exploration of the Kilbourne graphite trend, an extensively drill tested graphite-bearing trend located on permitted lands Drilling totaled 6,870 ft in 19 holes Highlights include 174 ft at 3.75 graphitic carbon An initial bulk sample was identified and collected in January 2024 TABLE 1 Financial and Operating Highlights   Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Operating Payable Zinc Produced mlbs 14.7 13.9 18.3 15.0 13.8 Payable Zinc Sold mlbs 14.4 13.9 18.3 15.0 14.8 Average Realized Zinc Price $/lb 1.11 1.13 1.10 1.15 1.42   Financial Revenue $m 11.73 10.91 15.50 8.95 16.74 Net Income (loss) before tax