The company’s current management, who collectively possess decades of technical mining and managerial expertise, arrived along with the projects in June of 2011. Titan holds options to acquire two principal iron ore properties of merit in North America. The first project is the Wyoming Iron Complex located in Albany County, Wyoming. This project, which constitutes roughly 500 acres of unpatented
lode mining claims and leased fee lands, features a surface-occurring magnetite iron ore deposit with titanium and vanadium byproducts, with a vast history of extensive drilling, reserve estimates, metallurgical studies, feasibility and related work, all completed by the Union Pacific Railroad who owned the property from 1952 until the late 1970’s. Superior access, infrastructure, workforce, and related considerations are all evident with this property. The Company is currently reviewing all of the available historical data and intends to commence an initial drilling campaign during 2011. The second project is the Titan Trough prospect located in the iron-rich Labrador Trough District of Quebec, which covers nearly 22,000 acres of mining claims under Quebec law. The project consists of two major trends, collectively striking for 27 miles in length, encompassing high magnetic geophysical anomalies, indicative of an iron magnetite deposit. Titan is currently performing initial exploration reconnaissance and sampling work to determine the grade and extent of the magnetite targets for further exploration and drilling.
