Titan Minerals Ltd (ASX:TTM, OTC:TTTNF)Ltd has reported strong drilling results at its 100%-owned Dynasty Gold Project in southern Ecuador, which open new avenues for resource expansion and upgrade.
Deepest mineralisation to date
Recent drilling at the Cerro Verde prospect has helped to refine Titan’s understanding of the mineral system, particularly in hole CVDD24-122, which intersected the deepest mineralisation to date, down to 400 metres.
The hole returned multiple high-grade intervals, including 2.9 metres at 21.9 g/t gold from 16.9 metres and 13 metres at 4.5 g/t gold from 330.6 metres.
Subsequent holes, including CVDD25-123 and CVDD25-126, confirmed lateral and depth extensions to known mineralisation, with results such as 3.7 metres at 2.9 g/t gold from 293.1 metres and 7.8 metres at 2.5 g/t gold from 218.2 metres.
“We are pleased that our drilling continues to deliver results in new areas, while also demonstrating mineralisation to remain open along strike and at depth,” Titan CEO Melanie Leighton said.
“With every hole we drill, our understanding of the Dynasty gold system and its untapped potential continues to grow.
“Resource workstreams have highlighted several near-term opportunities, which if tested and proven, will have a positive impact on any future potential Ore Reserve for the Dynasty Gold Project.
“These opportunities are an important and immediate focus for the company with drill testing in these priority areas set to commence in the coming week ahead.
Increased investment in gold
“With increased M&A in the gold sector and growing investment in Ecuadorian resource projects, Titan is in an enviable position to be the 100% owner of a large-scale (and growing) gold project, with the potential for porphyry copper discovery as well.”
Following a two-month operational hiatus due to heavy rainfall, drilling has resumed with three diamond rigs targeting high-priority zones at Cerro Verde.
The area currently hosts 1.9 million ounces of Dynasty’s 3.1 million ounce gold resource and is the focus of an infill and extensional drill campaign.
Titan has initiated detailed geological and geostatistical modelling in preparation for a Mineral Resource Estimate (MRE) update in the third quarter of 2025.
Resource classification upgrades will target Inferred or unclassified material within the conceptual pit, aiming to increase confidence and convert resources to support future Ore Reserve estimates.
The company has also appointed Entech Mining to complete the MRE update and engaged Knight Piesold to conduct a Tailings Storage Facility options study.
Several additional scoping workstreams, including metallurgical testing, permitting and cost estimation, are progressing in parallel.
Titan’s exploration and resource definition strategy continues to focus on enhancing value at Dynasty through systematic drilling, with near-term programs set to test newly identified down-plunge targets and high-potential infill zones.
