Titan is positioning itself to establish the first domestic end-to-end natural graphite supply chain in the U.S. in over seventy years

Titan Mining Corporation (NYSE-A:TII) (TSX:TI), an established zinc concentrate producer in upstate New York and the only end-to-end producer of natural flake graphite in the U.S., today announced solid financial and operational results for the fourth quarter and full year ended December 31, 2025.

Q4 AND FY 2025 HIGHLIGHTS^(1)(2)(3)

Operating and Financial Performance:

• Zinc production: 18.7 million payable pounds in Q4 2025 and 64.3 million payable pounds for the full year, up 8% from FY 2024, representing record production at Empire State Mines (“ESM”) and achieving 2025 production guidance
• Revenues: $25.1 million in Q4 2025 and $74.3 million for the full year, up 16% from $64.3 million in 2024
• Cash costs: C1 cash costs of $0.88/lb in Q4 2025 and $0.92/lb for the full year, at the lower end of guidance
• AISC: $0.96/lb in Q4 2025 and $0.98/lb for the full year, at the lower end of guidance
• Operating cash flow: $5.5 million in Q4 2025 and $12.6 million for the full year
• Liquidity: $17.5 million cash balance at year-end, strengthening Titan’s balance sheet, up 72% from 2024

Rita Adiani, President and Chief Executive Officer, commented: “2025 marked a pivotal year for Titan. We delive red record zinc production at ESM while advancing the Kilbourne Graphite Project toward commercial development. The demonstration plant produces graphite concentrate, and the Feasibility Study for the commercial-scale plant is underway. Titan is positioned to be the first domestic end-to-end natural flake graphite supplier in the United States in over seventy years. This is critical considering the defense and high-tech uses of graphite.

Supported by government, investor engagement and a strengthened balance sheet, we enter 2026 well-positioned to advance Kilbourne while maintaining disciplined growth and cash flow from our zinc operations.”

Strategic and Corporate Developments:

• Kilbourne Graphite Project: Preliminary Economic Assessment confirmed robust project economics, including after-tax NPV (7%) of $513 million, post-tax IRR of 37 %, and 2.7-year payback. Commissioning of the graphite demonstration facility commenced in Q4 2025, with initial graphite concentrate shipments delivered in Q1 2026. A fully funded Feasibility Study for a 40,000 mt pa facility was launched in early 2026.
• U.S. EXIM Support: Finalized a $15.8 million EXIM credit agreement supporting ESM expansion, together with an additional $5.5 million amendment to advance feasibility work at Kilbourne. Also received EXIM financing interest of up to $120 million for Kilbourne construction, representing the majority of the projected capital requirements.
• Germanium Opportunity: Identified Germanium concentrations within the existing ESM zinc processing circuit, with recovery pathways currently under evaluation.
• Exploration and Land Position: Expanded mineral tenure to more than 120,000 acres of the land package and advanced underground and surface exploration programs during 2025.
• Balance Sheet Optimization: Fully repaid and extinguished the Company’s credit facility with National Bank of Canada and restructured $16.5 million of related-party debt, strengthening financial flexibility.
• Capital Markets Milestones: Listed common shares on the NYSE American, with significant improvement in share liquidity, closed a $15 million private placement, and filed a Canadian base shelf prospectus and U.S. Form F-10 registration statement, following year end. These filings provide the Company flexibility, at its discretion, to raise up to $150 million over 25 months, including through a $50 million at-the-market program.

ZINC OPERATIONS REVIEW

Mining in Q4 2025 focused on the Lower Mahler, New Fold, and Mud Pond Apron zones. Higher mill feed grades, supported by the extraction of high-grade pillars in Lower Ma hler and a high-grade stope in New Fold, offset the temporary suspension of mining in the lower-grade N2D zone earlier in the year and contributed to achieving full-year guidance of over 64 million payable pounds of zinc. During the year, additional mobile equipment was added to the underground fleet, supporting development across the #4 and #2 mines, with N2D expected to be reactivated in 2026.

GRAPHITE UPDATE

In Q4 2025, Titan released a Preliminary Economic Assessment confirming robust project economics and supporting advancement toward commercial development. Commissioning of the facility started in Q4 2025, and following the year-end, the Company began shipping graphite concentrate. The Company also launched a fully funded Feasibility Study for the proposed 40,000 tonne-per-year Kilbourne Graphite Project in early 2026.

EXPLORATION UPDATE

Zinc: A total of 35,049 ft of underground drilling across 98 holes was completed in 2025, targeting the Little York, Mahler, Mud Pond, N2D, and New Fold zones to support resource expansion and mine planning. Surface exploration totaled 9,556 ft across eight holes at various targets, including the Parish property, where drilling confirmed copper and gold mineralization. Assays are pending.

Kilbourne Graphite Project: Drilling at Kilbourne totaled 13,549 ft across 38 holes, targeting resource delineation and eastern extensions of the deposit. Drilling intersected graphite mineralization approximately 2,500 ft east and along strike of the current conceptual pit, supporting potential for further expansion.

Scientific and Technical Information

The scientific and technical information contained in this news release related to the Company’s zinc operations has been reviewed an d approved by Donald R. Taylor, MSc., PG, Vice Chair of the Board of Directors of the Company. Mr. Taylor is a Qualified Person for the purposes of NI 43-101 and has more than 25 years of mineral exploration and mining experience. He is a Registered Professional Geologist through the SME (Registered Member #4029597).

The scientific and technical information contained in this news release related to the Company’s germanium and graphite development has been reviewed and approved by Oliver Peters, MSc., P.Eng., who is a Qualified Person as defined by NI 43-101. Mr. Peters is independent of the Company.

Refer to the Company’s technical report titled “Empire State Mines 2025 NI 43-101 Technical Report, Gouverneur, New York, USA” for additional information.

About Titan Mining Corporation

Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York state. Titan is also a natural flake graphite producer and the USA’s first end-to-end producer of natural flake graphite in 70 years. Titan’s goal is to deliver shareholder value through operational excellence, development and exploration. We have a strong commitment towards developing critical minerals assets which enhance the security of the domestic supply chain.