Titan Minerals Ltd has received positive metallurgical test-work results from its Dynasty Gold Project in southern Ecuador.
The latest testing confirmed historical processing outcomes, with gold recoveries of 85-88% and silver recoveries of 70-75% from oxide ore at the Cerro Verde prospect.
These results align with previous open-pit mining recoveries processed at the Svetlana 1 Plant in 2018-2019.
Key findings include strong leaching characteristics at a relatively coarse grind size, rapid leaching kinetics with most leaching completed within eight hours and coincident silver recoveries from the gold leaching process.
The work also indicates that a conventional free-milling Carbon-in-Leach (CIL) circuit is suitable for processing Cerro Verde’s near-surface oxide ores.
Titan Minerals continues resource growth and conversion drilling at Cerro Verde, operating three rigs.
Additional leach and comminution test-work is underway for transitional and primary ore domains at the Cerro Verde and Iguana prospects. The company has engaged expert metallurgists to oversee a scoping study metallurgical test program.
While the results are encouraging, further test-work is recommended to optimise recoveries. Titan is well-funded and positioned to capitalise on high gold and silver prices, with key project milestones expected this year.