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Necessary Resources Received To Support Feasibility Study At Kilbourne Graphite Project
GOUVERNEUR, NY – Titan Mining Corporation reported that its wholly owned subsidiary, Empire State Mines, LLC (ESM), has entered into an amended definitive credit agreement (EXIM Facility) with the Export-Import Bank of the United States (U.S. EXIM), providing up to US$5.5 million in non-dilutive financing, to support feasibility work at the Company’s Kilbourne Graphite Project in upstate New York.
This enhances Titan’s ability to accelerate resource drilling, metallurgical test work, and engineering programs necessary to complete the Kilbourne Feasibility Study in 2026. Notably, this represents the first feasibility-study support issued by U.S. EXIM under MMIA for a domestic critical-minerals project, reinforcing federal support for rebuilding U.S. graphite supply chains and Kilbourne in particular.
Rita Adiani, President and Chief Executive Officer, said, “EXIM’s continued and expanding support reflects the project’s strategic importance to U.S. defense, energy, and national security priorities. This funding accelerates feasibility work and advances Kilbourne along a clear path toward development as a secure domestic graphite supply.”
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