Titan Minerals Ltd (ASX:TTM, OTC:TTTNF) has released more drilling results from its 100%-owned Dynasty Gold Project in southern Ecuador, where resource definition diamond drilling is ongoing ahead of a Mineral Resource update planned for Q1 2026.
The current campaign is focused on the Brecha-Comanche and Kaliman targets within the Cerro Verde prospect. The program is designed to grow the resource base by targeting wide zones of porphyry and breccia-hosted mineralisation, with recent results supporting this strategy.
Cerro Verde schematic long section A-A’ looking northeast (250m viewing window) showing the Brecha-Comanche and Kaliman targets, latest significant drill intercepts, drill traces, gold isosurfaces and conceptual pit optimisation (US$3,000/oz).
Further wide zones of porphyry-hosted gold-silver ± copper mineralisation have been intersected in extensional drilling at the Kaliman target, overprinted by high-grade vein-hosted gold mineralisation. Latest results include:
Hole CVDD25-156
- 25.3 metres at 1.1 g/t Au and 2.6 g/t Ag from 4.7 metres, including:
- 9.0 metres at 2.5 g/t Au and 8.3 g/t Ag from 17.9 metres; and
- 10 metres at 3.3 g/t Au and 12.2 g/t Ag from 127.0 metres, including:
- 6 metres at 5.0 g/t Au and 19.0 g/t Ag from 127.9 metres; and
- 143 metres at 0.6 g/t Au, 1.0 g/t Ag and 0.15% Cu from 147 metres, including:
- 12 metres at 2.5 g/t Au, 2.1 g/t Ag and 0.47% Cu from 201 metres.
Hole CVDD25-157
- 216.6 metres at 0.5 g/t Au, 1.9 g/t Ag and 0.11% Cu from 4 metres, including:
- 7.1 metres at 5.2 g/t Au and 4.8 g/t Ag from 62 metres; and
- 11 metres at 3.4 g/t Au and 24.2 g/t Ag from 113.9 metres.
Hole CVDD25-164
- 46.1 metres at 0.5 g/t Au, 5.3 g/t Ag and 0.12% Cu from 51 metres, including:
- 8.8 metres at 1.8 g/t Au and 22.2 g/t Ag from 57.9 metres.
“We are pleased to deliver further high-grade results and bulk-style porphyry-hosted mineralisation from drilling at the Kaliman target, where our geologists have been targeting opportunities for resource growth,” Titan CEO Melanie Leighton said.
“Latest drilling has confirmed an opportunity to expand resources and improve potential project economics, with the recent discovery of extensive zones of porphyry hosted gold-silver and copper mineralisation.
“We have 4,200 metres of diamond drilling remaining in the current resource program, with a total of 25,000 metres completed since the July 2023 resource. We are confident that this additional drilling will facilitate a robust resource update that will support the completion of mine studies and economic evaluation for Dynasty. We are on track to deliver the resource update early in 2026, with mine optimisation studies to be completed shortly after.”
Open mineralisation
Mineralisation at the Kaliman target remains open, with the current resource drilling program testing lateral porphyry extensions. Four diamond rigs are in operation, with approximately 4,200 metres of drilling remaining ahead of the Dynasty Mineral Resource update targeted for Q1 2026. Extensive zones of porphyry-hosted mineralisation are expected to be incorporated into this update, alongside high-grade vein-hosted and bulk porphyry mineralisation. The inclusion of bulk mineralisation in the resource is anticipated to improve strip ratios and enhance the overall scale and economics of the Dynasty Gold Project.
Latest drilling at Kaliman confirms extensive near-surface porphyry-hosted gold-silver ± copper mineralisation, overprinted by high-grade epithermal vein-hosted gold-silver mineralisation.
This bulk porphyry mineralisation from surface presents potential for low strip ratios and rapid mining rates, complementing the high-grade vein-hosted mineralisation already captured in the previous Dynasty Mineral Resource Estimate of 3.1 million ounces of gold at 2.2 g/t Au and 22 million ounces of silver at 15.7 g/t Ag.