Lingbao’s Stake and Drilling Success Raise Stakes for Titan Minerals’ Dynasty Project

Extending the Dynasty Gold Footprint

Titan Minerals Limited (ASX, TTM) has delivered encouraging results from its latest drilling campaign at the Dynasty Gold Project in southern Ecuador. The company announced a 150-metre extension of gold and silver mineralisation west of the Brecha-Comanche target, confirming that the mineralised system continues to grow beyond previously defined boundaries.

Significant drill intercepts underpinning this extension include a standout 6.5 metres grading 2.6 grams per tonne gold and 10.3 grams per tonne silver from 58.4 metres depth, with a higher-grade subsection of 3.3 metres at 4.6 g/t Au and 14.3 g/t Ag. These results, alongside other notable intercepts, demonstrate the continuity and robustness of the mineralisation, which remains open both laterally and at depth.

Strategic Exploration and Resource Growth

The drilling focused on the Brecha-Comanche and Kaliman targets within the Cerro Verde prospect, where porphyry-hosted gold-silver-copper mineralisation has been intersected. Surface trenching and channel sampling have also supported the continuity of mineralisation, with results such as 9.1 metres at 3.4 g/t Au and 7.7 g/t Ag further validating the potential for resource expansion.

Titan’s CEO Melanie Leighton highlighted the predictability of the Dynasty gold system, noting that the recent drilling endorses the company’s view that substantial mineralisation remains undiscovered. The technical team is now awaiting final assays from the 2025 drilling campaign to update the Mineral Resource Estimate (MRE), expected in the first quarter of 2026.

Lingbao Partnership Advances

Adding a strategic dimension to the project’s outlook, Lingbao Gold International Company Ltd, a Hong Kong-listed gold producer with a market capitalisation of approximately US$3.5 billion, has acquired a 9.9% stake in Titan Minerals. Lingbao’s investment, completed at a 33% premium to the 30-day volume weighted average price, comes with a 90-day exclusivity period to conduct further due diligence and negotiate a potential corporate transaction.

Lingbao’s technical team recently completed a second site visit to the Dynasty Gold Project, inspecting infrastructure and regional mining operations. Discussions between the two companies are ongoing, with the potential transaction poised to significantly influence the future development of the Dynasty Gold Project.

Well-Funded for Accelerated Development

With a strong cash position bolstered by Lingbao’s strategic placement, Titan Minerals is well-positioned to accelerate exploration and resource growth activities. The company has paused drilling temporarily to interpret the extensive data collected in 2025 and to plan targeted follow-up drilling aimed at further resource expansion.

Looking ahead, Titan’s focus remains on delivering a comprehensive resource update and advancing exploration programs that could unlock additional mineralisation corridors within the project area, reinforcing Dynasty’s standing as a significant gold-silver-copper asset in Ecuador.