Titan Minerals Ltd (ASX:TTM, OTC:TTTNF) has extended wide, high-grade gold-silver mineralisation at the 100%-owned Dynasty Gold Project in southern Ecuador.
Extensional drilling at the Brecha-Comanche target has confirmed a 30-metre lateral extension to mineralisation discovered during the company’s 2025 drilling campaign.
The latest result from the extension of diamond hole CVDD25-158 returned 16.0 metres at 2.8 g/t gold and 9.1 g/t silver from 433.9 metres. The intercept sits outside the current mineral resource and follows an earlier result of 31.4 metres at 2.3 g/t gold and 7.1 g/t silver from 375.7 metres in CVDD25-186.
Looking ahead, the new results are expected to feed into a resource update and scoping study targeted for early 2027.
Infill drilling supports resource conversion
Titan delivered broad mineralised zones from resource infill drilling designed to improve confidence in the Cerro Verde resource and support upgrades to the Indicated category.
Hole CVDD26-205 returned several significant intersections, including:
- 19.7 metres at 2.6 g/t gold and 14.0 g/t silver from 253.3 metres,
- 5.5 metres at 2.2 g/t gold and 11.6 g/t silver from 298.1 metres, and
- 22.1 metres at 2.5 g/t gold and 5.9 g/t silver from 324.6 metres.
A narrower high-grade interval of 1.0 metre at 45.2 g/t gold and 499 g/t silver from 179.8 metres was also recorded, while the extended CVDD24-121 hole returned 12.5 metres at 2.8 g/t gold and 28.4 g/t silver from 337.2 metres.
Titan's results continued to demonstrate the predictability and continuity of mineralisation at Dynasty and would provide additional geological and assay data for the upcoming mineral resource estimate.
Long Section (300m viewing window) of Brecha-Comanche Target, showing gold gram metres in drilling and contours, conceptual pit design (US$3,500/oz gold), and latest significant intercepts and planned drill pierce points.
Resource growth drilling ramps up
The company is also pursuing several resource growth opportunities at Cerro Verde, including further testing of a newly recognised shear-hosted system.
Recent drilling in CVDD26-199 intersected 33.5 metres at 6.6 g/t gold and 55.5 g/t silver from 236.7 metres, outside the existing resource. Titan interprets the result as being associated with a shear zone within a broader northwest structural corridor measuring about 1.6 kilometres by 800 metres.
Other targets include potential mineralisation beneath the historic Brecha-Comanche waste dump, extensions to the Kaliman porphyry-vein-shear system and several major structural intersections that have received limited drilling to date.
MRE and scoping study due in early 2027
Titan plans to expand its resource drilling program to incorporate the latest extensional targets into an updated Dynasty mineral resource estimate, anticipated in the first quarter of 2027.
The Dynasty Scoping Study is also now expected in the first quarter of 2027, allowing the updated resource to be incorporated into mine planning and economic assessments.
Four diamond rigs are operating at Cerro Verde, with an RC rig scheduled to join the fleet in October.
CEO Melanie Leighton said Titan had assays pending for 17 diamond holes covering about 4,600 metres and believed the drilling program had the potential to materially enhance the Dynasty resource.
“We are confident that our drilling programs have the potential to materially enhance the Dynasty MRE,” she said.
Dynasty currently hosts a total mineral resource of 65.55 million tonnes at 1.85 g/t gold and 12.38 g/t silver for 3.90 million ounces of gold and 26.10 million ounces of silver, including 2.70 million ounces of gold at Cerro Verde.