Titan Minerals CEO Melanie Leighton talked with Proactive about the company’s recent investment partnership with China-based Lingbao Gold, which brings a $15 million cash injection and valuable technical expertise to support the development of the Dynasty Gold Project in Ecuador.
Leighton explained that the deal followed a period of due diligence and site visits that left Lingbao Gold “very much motivated to invest in Titan Minerals.” The strategic placement was completed at a more than 30% premium to the 30-day VWAP, highlighting strong recognition of both the project’s quality and Ecuador’s emerging mining potential.
She said the funding “allows us to accelerate drilling, expand resources and complete key de-risking studies,” adding that the companies are also considering further project-level investment. Titan Minerals currently reports 3.1 million ounces of gold and 22 million ounces of silver at Dynasty, with potential for significant resource growth.
Leighton said investors can expect a busy period ahead, with a resource update planned early in the new year and continued drilling results to drive strong news flow.
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