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Highlights
- Titan Minerals reveals promising shallow gold-silver results at Dynasty
- Assays support potential resource growth and model upgrade
- Drilling campaign to accelerate with untested targets remaining
Titan Minerals (ASX:TTM) has released encouraging drilling results from its ongoing exploration campaign at the Dynasty Gold Project in southern Ecuador, pointing to the potential for a significant expansion of the project's mineral resources.
Recent assays from the Cerro Verde and Iguana prospects have identified shallow high-grade zones of gold and silver mineralization outside the current resource boundaries. These results are seen as a strong indicator of the project’s broader mineral potential, particularly as they validate and expand upon previous geological interpretations.
At Cerro Verde, drilling returned standout results such as 2.6 metres grading 3.5 grams per tonne (g/t) of gold and 21.5 g/t of silver from 26.8 metres depth, along with 3.7 metres at 2.5 g/t gold and 9.9 g/t silver from 92.9 metres. Meanwhile, at the Iguana prospect, assays included 5.4 metres at 2.3 g/t gold and 5.7 g/t silver from 49.9 metres, as well as a deeper intercept of 2.3 metres at 2.7 g/t gold and 5.9 g/t silver from 212.1 metres.
These new intersections reinforce earlier interpretations of the deposit, enhancing geological confidence in the area and paving the way for a resource update. Titan has now completed 31 holes totaling 7,970 metres, with assay results received for 25 holes. The remaining six holes are expected to be reported within the next two weeks.
An updated 3D geological model is currently being developed for the Dynasty Project, which will form the basis for the next phase of resource estimation. With promising new zones already identified, the update could reflect a meaningful increase in the project's overall resource inventory.
Drilling activity is set to resume shortly as part of Titan’s 10,000-metre campaign. The company has indicated that it may extend drilling beyond the initial target, given the number of untested targets across the Dynasty tenement.
The consistent delivery of mineralized zones from ongoing drilling adds to the positive momentum around the project and points to growing potential for the Dynasty Gold Project to evolve into a more robust and larger-scale resource in the near future.
