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Mining industry

Titan Minerals Unveils New Areas of Mineralisation at Dynasty Gold Project

Strategic Insights

— 2 min read

Titan Minerals Ltd (ASX:TTM, OTC:TTTNF) has expanded its mineralisation footprint at the Dynasty Gold Project in southern Ecuador, with significant new intercepts in gold and silver. Trenching and channel sampling at the Kaliman porphyry system and the Brecha-Comanche prospect have revealed wide, high-grade mineralisation, extending the known zones by 300 meters southwest and 180 meters west, respectively. The latest findings have heightened the potential for growth of the project's resource base, with Chief Executive Melanie Leighton expressing excitement about the unexplored areas within the 9-kilometre-long Dynasty Gold Project.

Key Takeaways:

  • The company has identified significant new areas of mineralisation at the Kaliman porphyry system and the Brecha-Comanche prospect, extending the known zones by 300 meters southwest and 180 meters west, respectively.
  • Trenching and channel sampling have returned wide, high-grade gold and silver intercepts, including 10.2 meters at 3.8 g/t gold and 8.3 g/t silver, and 5.2 meters at 3.3 g/t gold and 7.5 g/t silver.
  • The mineralisation style is consistent with porphyry-related bulk gold and copper systems, with potential amenability to large-scale open pit mining.
  • The company has planned a small campaign of shallow drilling to test depth extensions of the mineralisation at Brecha-Comanche.
  • An independent consultant from Entech Mining recently completed a site visit, identifying no fatal flaws and providing recommendations to support the upcoming mineral resource update.
  • Titan is currently conducting a 6,000-metre infill program at Cerro Verde to improve confidence in resource estimates and upgrade categories.
  • The company aims to grow its 3.1-million-ounce (Moz) gold resource at Dynasty.
  • The project spans 9 kilometers of mineralised corridor, with significant unexplored areas still to be delivered from exploration and resource definition drilling.

Statistics:

  • 300 meters: Extension of known mineralisation at Kaliman porphyry system southwest.
  • 180 meters: Extension of known mineralisation at Brecha-Comanche prospect west.
  • 10.2 meters: Width of significant gold intercept in trench CVT25-029.
  • 8.3 g/t: Silver grades of significant intercept in trench CVT25-029.
  • 5.2 meters: Width of significant gold intercept in trench CVC25-126.
  • 3.8 g/t: Gold grades of significant intercept in trench CVT25-029.
  • 8.75 g/t: Gold grades of significant intercept in trench CVT25-029.
  • 14.8 g/t: Silver grades of significant intercept in trench CVT25-029.
  • 3.3 g/t: Gold grades of significant intercept in trench CVC25-126.
  • 7.5 g/t: Silver grades of significant intercept in trench CVC25-126.
  • 8.6 meters: Width of significant gold and silver intercept in trench CVT25-022.
  • 5.8 g/t: Gold grades of significant intercept in trench CVT25-022.
  • 115.9 g/t: Silver grades of significant intercept in trench CVT25-022.
  • 15 meters: Width of significant gold and silver intercept in trench CVT25-025.
  • 2.1 g/t: Gold grades of significant intercept in trench CVT25-025.
  • 18.8 g/t: Silver grades of significant intercept in trench CVT25-025.
  • 3.9 g/t: Gold grades of significant intercept in trench CVT25-025.
  • 33.5 g/t: Silver grades of significant intercept in trench CVT25-025.
  • 6,000 meters: Infill program at Cerro Verde.
  • 2 months: Expected completion of infill program at Cerro Verde.
  • 3.1 million ounces: Gold resource at Dynasty Project.
  • 9 kilometers: Length of mineralised corridor.

Sources:

  • Titan Minerals Ltd, ASX:TTM, OTC:TTTNF
  • Melanie Leighton, Chief Executive, Titan Minerals Ltd
  • Entech Mining
  • Dynasty Gold Project, southern Ecuador
  • Cerro Verde prospect plan view

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