Titan Minerals Limited Provides Update on Linderos Copper Project Drilling

Strategic Insights -

Titan Minerals Limited has released an update on its Linderos Copper Project in Ecuador, operated by its subsidiary Hanrine Ecuadorian Exploration and Mining S.A. under a Joint Venture & Earn-in Agreement. The project is highlighting significant drill results, demonstrating a larger porphyry system than previously defined.

The drilling program, which commenced in November 2024, has completed 11,453 meters of diamond drilling at the Copper Ridge porphyry copper system. The drilling tested lateral and depth extensions to the system, with results indicating a larger mineralized zone than previously known. Significant results include intercepts of 693.9 meters at 0.25% copper equivalent, including 164 meters at 0.33% copper equivalent.

Key Takeaways:

  • The Linderos Copper Project is a joint venture between Titan Minerals Limited and Hanrine Ecuadorian Exploration and Mining S.A., with a two-phase 25,000-meter diamond drilling program underway.
  • The project aims to test lateral and depth extensions to the Copper Ridge porphyry copper system, with drilling focused on a northwest-southeast orientation to target porphyry copper +/- gold mineralisation.
  • Significant drill results include 693.9m @ 0.25% Cu Eq from 325.5m, including 164m @ 0.33% Cu Eq from 594m, and 262.9m @ 0.37% Cu Eq from 196.1m.
  • The porphyry system is now known to be much larger than previously defined by Titan's drilling, with the system remaining open laterally and at depth.
  • The drilling has demonstrated a strong correlation between copper and gold due to the mineralisation type related to a gold-rich porphyry system.
  • Hanrine have commenced the Earn-in Milestone, comprising 15,000 meters of diamond drilling in June, to test the northwest and southeast extensions of Copper Ridge porphyry mineralisation.
  • The Linderos Project is located near the Peruvian border in southern Ecuador's Loja Province, where Titan Minerals holds a significant land position in southern Ecuador.
  • The Copper Ridge Porphyry prospect features surface copper-molybdenum anomalism and is hosted within a diorite porphyry with vein-hosted and disseminated chalcopyrite-pyrite-pyrrhotite-molybdenite mineralisation.

Statistics:

  • 11,453 meters of diamond drilling completed at the Copper Ridge porphyry copper system.
  • 3,702 meters of diamond drilling completed at Copper Ridge in 2022.
  • 25,000-meter diamond drilling program underway, with two phases.
  • 51% interest in the Linderos Copper Project to be earned by Hancock Prospecting Pty Ltd upon completion of the drilling program.
  • 143 km2 area of the Linderos Project in southern Ecuador's Loja Province.

Sources:

  • Titan Minerals Limited (ASX:TTM) News Release, June 2025.
  • Hanrine Ecuadorian Exploration and Mining S.A. Joint Venture & Earn-in Agreement.
  • Geological Survey of Ecuador.
  • Loja Province Mining Division, Ecuador.