Titan Minerals Unveils High-Grade Gold Hits at Dynasty, Boosting Resource Outlook

Strong Drilling Results at Dynasty

Titan Minerals Limited (ASX, TTM) has delivered a fresh wave of encouraging drilling results from its 100% owned Dynasty Gold Project in southern Ecuador. The latest resource definition drilling at the Cerro Verde prospect has uncovered wide and high-grade gold and silver intercepts from shallow depths, reinforcing the project's potential to grow its mineral resource base.

Among the standout results is drillhole CVDD24-141, which returned 31.6 metres grading 2.2 grams per tonne (g/t) gold and 5.4 g/t silver starting from just 70.9 metres downhole. This includes multiple higher-grade intervals, such as 8.8 metres at 3.8 g/t gold and 10.6 g/t silver. These intercepts highlight the continuity and quality of mineralisation near surface, a key factor for open pit mining economics.

Advancing Resource Conversion and Expansion

The current 6,000-metre drilling campaign is focused on resource conversion and infill drilling at Cerro Verde, targeting areas identified through conceptual open pit studies where additional near-surface mineralisation can be delineated. Three diamond rigs are actively drilling, aiming to increase drill density and convert inferred resources into higher confidence categories ahead of an upcoming Mineral Resource update and Scoping Study.

These efforts are expected to positively influence future pit optimisation, mine design, and strip ratios, potentially enhancing the project's overall economics. The drilling also targets a previously untested gap zone between the Brecha-Comanche epithermal gold system and the Kaliman porphyry copper-gold system, suggesting significant upside potential in this transitional area.

Strategic Positioning and Broader Exploration

Titan’s CEO Melanie Leighton emphasised the strategic advantage of owning a substantial and growing multi-million-ounce gold-silver project outright. She highlighted the company’s active drilling program at Dynasty alongside the joint venture partner Hancock Prospecting’s exploration of large-scale copper porphyry mineralisation at the nearby Linderos Project. This dual focus on gold-silver and copper assets positions Titan well among its junior ASX peers.

Leighton also noted an uptick in foreign investment interest in Ecuador’s mining sector, which could catalyse further value creation for shareholders. The company is preparing for a Mineral Resource Estimate update, with specialist consultants from Entech Mining scheduled to visit the site for due diligence.

Outlook and Next Steps

With nearly two-thirds of the Dynasty’s 3.1 million-ounce gold resource hosted at Cerro Verde, ongoing drilling aims to extend mineralisation both laterally and at depth. The company plans to complete the current drilling program within three months and integrate results into forthcoming resource and scoping studies. These developments will be critical in advancing Dynasty towards potential development and production.