Titan Minerals Ltd (ASX:TTM, OTC:TTTNF) has continued to expand the footprint of its Dynasty Gold Project in southern Ecuador, with extensional trenching and drilling confirming new gold and silver mineralisation a further 150 metres west along strike at the Brecha-Comanche target, part of the Cerro Verde prospect.
The newly defined mineralised zone starts from surface, remains open at depth and sits outside previously defined resource boundaries, reinforcing the scale potential of the Dynasty system ahead of a planned mineral resource update in the March quarter.
Recent drilling in the new area has delivered multiple gold-silver intersections, supporting earlier surface mapping and trenching results and extending the known strike length of mineralisation at Cerro Verde.
Plan view showing the Brecha-Comanche and Kaliman targets, latest drilling, drill traces coloured by Au g/t.
New drilling confirms strike extension
Diamond drilling completed west of Brecha-Comanche intersected a series of gold-silver zones, confirming mineralisation continuity beyond the existing resource envelope.
Key results included 6.5 metres at 2.6 grams per tonne gold and 10.3 g/t silver from 58.4 metres in hole CVDD25-170, including a higher-grade interval of 3.3 metres at 4.6 g/t gold and 14.3 g/t silver. The same hole also returned 2.0 metres at 4.0 g/t gold and 16.7 g/t silver from 13.5 metres.
Further support came from CVDD25-165, which intersected 7.0 metres at 1.6 g/t gold and 10.6 g/t silver from 18.1 metres, while CVDD25-168 delivered a broader 13.2 metres at 1.2 g/t gold and 12.1 g/t silver from 57.6 metres.
Plan view displaying the Brecha-Comanche and Kaliman targets, drill traces coloured by Au g/t, trench/ channel and drill significant intercepts. Note extensive porphyry hosted mineralisation defined at Kaliman which remains open.
The drilling was designed to test down-dip extensions beneath high-grade mineralisation identified through surface work, successfully confirming that mineralisation extends both laterally and at depth.
Chief executive Melanie Leighton said the results validated the company’s geological model and highlighted the predictability of the Dynasty system.
“These latest results have added 150 metres of strike to the Dynasty gold system, which remains open laterally and at depth,” Leighton said.
She added that the results “do two important things”: “They endorse the company’s view that there is still substantial mineralisation yet to be discovered at Dynasty, and they confirm the remarkable predictability of the Dynasty gold system — both along strike and down-dip.”
Brecha-Comanche schematic long section A-A’ looking northwest showing latest extensional significant drill intercepts to the west of Brecha-Comanche, drill traces coloured by Au g/t (refer to Figures 1 and 2 for bin ranges) and the extent of previous MRE. Note multiple drill traces from 2025 drilling highlighting extensive mineralisation outside the previous MRE.
Surface results support drilling
The drilling success has been reinforced by recent trenching and channel sampling at Brecha-Comanche west, which returned further significant gold-silver intersections.
New surface results included 9.1 metres at 3.4 g/t gold and 7.7 g/t silver, as well as 21.7 metres at 1.7 g/t gold and 15.8 g/t silver. These add to previously reported high-grade trench results, including 8.6 metres at 5.8 g/t gold and 115.9 g/t silver, underscoring the continuity of mineralisation now being confirmed at depth.
Resource update and next steps
Titan is continuing resource definition drilling across the Brecha-Comanche and Kaliman targets at the broader Cerro Verde prospect, where both breccia-hosted and porphyry-style gold-silver-plus-copper mineralisation has been identified.
Several batches of assays from late-2025 drilling remain pending and are expected to be reported in the coming weeks, ahead of a planned mineral resource estimate update in the March quarter of 2026. The company will pause drilling through January to interpret results and refine targeting for the next phase of resource growth.
Dynasty Gold Project displaying Mineral Resources, simplified interpreted geology and prospect locations.
Strategic backing from Lingbao
Titan enters 2026 with a strengthened balance sheet following a US$10 million strategic placement by Lingbao Gold International Co. Ltd, completed at a 33% premium to the 30-day volume-weighted average price. Lingbao now holds a 9.9% stake in the company and has completed a second site visit to Dynasty as part of its ongoing due diligence.
Discussions are continuing around a potential corporate transaction that could see Lingbao acquire Titan’s Ecuadorian gold and copper assets, as Titan looks to rapidly grow resources and advance the Dynasty Gold Project.