Highlights
- Significant drilling results point to deeper and lateral resource extensions.
- High-grade gold and silver mineralization confirmed beyond current estimates.
- Resource update remains on track for mid-2025.
Titan Minerals (ASX:TTM) has outlined substantial expansion potential at its wholly owned Dynasty Gold Project in southern Ecuador. The latest drilling results have identified strong mineralization extensions, reinforcing expectations for future resource growth.
Recent drilling has intersected significant gold and silver mineralization approximately 150 metres below the existing resource boundary. One of the standout drill holes recorded 17.5 metres at 2.5 grams per tonne (g/t) gold (Au) and 8.6 g/t silver (Ag), with a high-grade section of 5 metres at 5.5 g/t Au and 10.7 g/t Ag. This promising result is situated roughly 220 metres northwest and down dip from a historical intercept of 16.3 metres at 5.7 g/t Au and 11.9 g/t Ag from 84.9 metres, highlighting the untapped depth potential within the system.
In addition to deeper mineralization, drilling to the east of the Brecha-Comanche resource has delivered a high-grade shallow intercept of 2.9 metres at 21.9 g/t Au and 10.4 g/t Ag from a depth of just 17.9 metres. This confirms an 80-metre lateral extension of the shallow resource, which remains open for further expansion. The mineralization in this area is controlled by a northwest-trending fault zone, which has exhibited wider and higher-grade zones compared to the main Dynasty resource. Targeting further extensions along this fault presents a strategic opportunity to enhance the project's scale.
Titan has already completed 11 drill holes, totaling 3,723 metres, at the Brecha-Comanche target. Assay results from three of these holes have confirmed multiple broad and high-grade epithermal vein and breccia-hosted zones extending beyond the current resource outline. These findings strengthen the company’s outlook for the project, with the existing Mineral Resource estimate standing at 3.1 million ounces (Moz) of gold and 22 Moz of silver.
With resource definition drilling progressing as planned, Titan remains focused on updating its Mineral Resource estimate in mid-2025. These ongoing developments continue to highlight the potential for significant resource expansion, positioning the Dynasty Gold Project as a key asset within Titan's portfolio. As exploration continues, further results are anticipated to provide deeper insights into the project's long-term growth prospects.