Titan Minerals Ltd (ASX:TTM, OTC:TTTNF) has reported further wide zones of gold-silver ± copper mineralisation from drilling at the Kaliman target within its Dynasty Gold Project in southern Ecuador, reinforcing the potential scale of the deposit ahead of an updated Mineral Resource Estimate (MRE) expected later this quarter.
The company’s 2025 drilling campaign, which totalled around 25,000 metres, has continued to confirm extensive porphyry and breccia-hosted mineralisation across the project area. The latest results highlight strong continuity of mineralisation at Kaliman, which remains open both along strike and at depth.
Cerro Verde plan view showing the Brecha-Comanche and Kaliman targets, interpreted surface geology, drill traces coloured by gold (g/t), latest significant drill intercepts and new epithermal mineralisation at Kaliman southwest.
Wide intercepts highlight scale of mineralisation
Recent standout intercepts include:
- 159.9 metres at 0.7 g/t gold equivalent from 2.1 metres in hole CVDD25-184
- 138.4 metres at 0.8 g/t gold equivalent from 3.6 metres and 42.7 metres at 0.8 g/t gold equivalent from 263.3 metres in CVDD25-187
- 142.6 metres at 0.5 g/t gold equivalent from 12.1 metres in CVDD25-189
Cerro Verde long section (300m window) looking northeast showing the Brecha-Comanche and Kaliman targets, latest significant drill intercepts and drill traces coloured by gold (g/t).
These results build on previously reported 2025 drilling, which included intercepts such as 216.6 metres at 0.6 g/t gold equivalent from 4 metres, 143 metres at 0.7 g/t gold equivalent from 147 metres, and 153 metres at 0.6 g/t gold equivalent from 107 metres.
Titan said historical drilling from 2021 also demonstrates the cale of mineralisation at Kaliman, including intersections such as 102.7 metres at 1.6 g/t gold equivalent and 115 metres at 0.7 g/t gold equivalent from surface.
Results to feed upcoming resource update
The company expects these broad zones of porphyry-hosted mineralisation to form part of an upcoming MRE update for the Dynasty project, which is scheduled for release in late Q1 2026.
Titan believes incorporating these zones could significantly expand the overall resource base and strengthen the development potential of the project.
Titan Minerals CEO Melanie Leighton said the latest drilling results continue to support the company’s geological model for the system.
“Time and time again, we see the scale and continuity of mineralisation being confirmed by our drilling,” Leighton said.
“These latest results have continued to hit mineralisation as predicted by our modelling, and as identified by our surface mapping and geochemistry where we have designed drilling to test new extensional areas.”
CVDD25-156 diamond core samples highlighting porphyry style veining copper mineralisation. Left: 180m. Diorite porphyry a stockwork A-type veins with a massive texture and the presence of disseminated chalcopyrite in veins. Right: 208m. copper mineralisation on fracture planes composed of chalcopyrite, bornite, and covellite.
Porphyry mineralisation strengthens development case
The identification of extensive porphyry-style mineralisation is particularly important for the project’s potential development profile.
Titan said the addition of large, continuous zones of mineralisation could reduce strip ratios, increase the overall scale of the operation and extend the potential mine life.
Porphyry-hosted deposits are typically large-tonnage systems capable of supporting long-life mining operations and often underpin major gold and copper projects globally.
Cerro Verde long section (300m window) looking northeast showing the Brecha-Comanche and Kaliman targets, latest significant drill intercepts and drill traces coloured by copper (%).
Dynasty project continues to grow
Titan expects the updated resource to provide a stronger foundation for future development studies at Dynasty, with mine studies scheduled to begin once the revised MRE is delivered.
Located in Ecuador’s Loja Province, Dynasty is Titan’s flagship asset and hosts multiple gold deposits within a broader mineralised district. The company has been systematically drilling to expand known resources while also testing new extensions of the mineralised system.
Results from the Kaliman target are emerging as a key contributor to the project’s growth, with drilling continuing to demonstrate large-scale mineralisation that could materially influence the upcoming resource update.
With the MRE update and subsequent mine studies planned for 2026, Titan is working to advance Dynasty towards development while continuing exploration to further define the scale of the system.
Dynasty Gold Project displaying Mineral Resources, simplified interpreted geology and prospect locations.