Lingbao’s $10M Boost Raises Stakes for Titan’s Dynasty Project Development

Strong Drilling Results at Dynasty Gold Project

Titan Minerals Limited (ASX, TTM) has delivered another quarter of encouraging exploration results at its flagship Dynasty Gold Project in southern Ecuador. The company’s drilling program at the Cerro Verde prospect returned multiple wide, high-grade gold and silver intercepts, including standout intervals such as 31.6 metres at 2.2 grams per tonne gold and 5.4 grams per tonne silver. These results reinforce the potential for a significant resource upgrade, with infill and extensional drilling continuing to fill historical data gaps and improve geological confidence.

Complementing the drilling, trenching programs at Cerro Verde and the nearby Iguana prospect have defined extensive near-surface mineralisation, extending known mineralised zones by several hundred metres. This surface work highlights promising targets for resource growth ahead of the planned Mineral Resource Estimate (MRE) update scheduled for early 2026.

Linderos Copper Project JV Progresses with Milestone Achievements

Meanwhile, at the Linderos Copper Project, Titan’s joint venture partner Hanrine, a subsidiary of Hancock Prospecting, has completed over 11,000 metres of diamond drilling, successfully extending the known porphyry copper system. Recent drill results include broad mineralised zones such as 693.9 metres at 0.25% copper equivalent, confirming the presence of a large-scale system open laterally and at depth. Hanrine has achieved Earn-in Milestone 2, increasing its ownership to 30%, and is actively progressing Milestone 3 with a further 15,000 metres of drilling underway to earn an additional 21% interest.

Strategic Investment Strengthens Financial Position

Post-quarter, Titan secured a strategic investment of US$10 million from Lingbao Gold International Company Ltd through a subscription for new shares at a premium to market price. This capital injection significantly strengthens Titan’s balance sheet, enabling accelerated development of the Dynasty Gold Project. CEO Melanie Leighton emphasised that the company is in its strongest position to date, with robust funding and a major partner to support near-term milestones across its portfolio.

Pathway to Development and Resource Growth

Looking ahead, Titan plans to complete approximately 8,000 metres of additional resource drilling at Cerro Verde to target lateral and depth extensions of mineralisation. The updated MRE in Q1 2026 will incorporate these results, underpinning forthcoming mine studies and metallurgical testwork aimed at optimising processing and recovery. Environmental baseline studies continue to support future permitting efforts, while preliminary infrastructure studies have identified viable options for tailings storage and waste management within the project area.

Collectively, these activities position Titan to transition from exploration to development readiness, with the potential to unlock substantial shareholder value as the Dynasty resource base grows beyond its current 3.1 million ounces of gold and 22 million ounces of silver.