Titan Minerals sees scope to substantially grow Dynasty
August 17, 2023 at 03:46 pm EDT
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Titan Minerals Ltd (ASX:TTM) CEO Melanie Leighton tells Proactive the company has encountered further shallow high-grade gold-silver mineralisation outside the current resource during a drilling program at the Cerro Verde prospect within the 100%-held Dynasty Gold Project in southern Ecuador. A total of 15 diamond holes have been completed for 3,796 metres to test the Brecha-Comanche, Resbolosa and Kaliman targets at Cerro Verde. TTM recently published a mineral resource estimate for Dynasty comprising 43.54 million tonnes at 2.23 g/t gold, 15.7 g/t silver for 3.12 million ounces of gold and 21.98 million ounces of silver.
“These latest drill results further demonstrate the opportunity to substantially grow the epithermal gold-silver system at Dynasty, with additional shallow high-grade gold intersected at Cerro Verde,” Leighton said.
“There are several areas along the Dynasty 9-kilometre vein system that have never been explored nor drilled, representing an excellent growth opportunity."
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Titan Minerals Limited is an Australia-based exploration and development company. The Company is focused on exploring and developing potential Tier One projects in Ecuadorâs southern Andean copper-gold belt. The Companyâs projects include Dynasty Gold project, Copper Duke project and Linderos project. The Companyâs flagship, Dynasty Gold Project, is located approximately 25 kilometers (km) north of the Peruvian border. The Copper Duke is an early-stage exploration project located approximately 18 km east of the Companyâs wholly owned Dynasty gold. The Copper Duke Project is comprised of 13 concessions totaling 130 square kilometers (km2) in the Loja Province in southern Ecuador. The Lineros project is located approximately 20 km southwest of its flagship Dynasty Gold Project where drilling for resource estimation update is underway, and is comprised of four contiguous concessions totaling approximately 143km2 located near the Peruvian border in southern Ecuadorâs Loja Province.