Titan Minerals Delivers Promising Gold and Copper Updates as Drilling Gains Momentum

April 29, 2025 03:59 PM AEST | By Team Kalkine Media

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Titan Minerals Delivers Promising Gold and Copper Updates as Drilling Gains Momentum — Image source: Shutterstock

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Highlights

High-grade intercepts at Dynasty suggest major resource expansion.

Metallurgical tests show >90% gold recovery potential.

Linderos JV nears 10,000-metre drilling milestone.

Titan Minerals (ASX:TTM) has reported robust operational progress in the March 2025 quarter, showcasing significant advancements at its Dynasty Gold Project and the Linderos Copper Project in southern Ecuador. These developments highlight the company’s strengthened position in the gold and copper exploration landscape, underscored by ongoing drilling success and strategic partnerships.

At the Dynasty Gold Project, located in southern Ecuador, Titan—an emerging player among ASX mining stocks—completed 10 diamond drill holes totalling 3,220 metres at the Cerro Verde prospect. The drilling aimed to expand known mineralisation both laterally and at depth. Noteworthy intercepts included 17.5 metres at 2.5 g/t gold and 8.6 g/t silver from 374 metres, along with a high-grade near-surface hit of 2.9 metres at 21.9 g/t gold and 10.4 g/t silver from just 17 metres. These findings point to significant growth potential beyond the current 3.1 million ounces of gold and 22 million ounces of silver resource.

Further drilling at the Iguana prospect revealed another strong intercept of 15.5 metres at 3.0 g/t gold and 22.8 g/t silver from 89.1 metres, reinforcing geological confidence and potential resource extension.

Complementing the exploration results, preliminary metallurgical testing confirmed excellent recovery outcomes using standard processing techniques. Oxide ore samples achieved gold recoveries of 85–88% via cyanide-in-leach methods, while sulphide ore reached 91% recovery through flotation and cyanidation. These outcomes mark a critical milestone for project de-risking and open doors for future optimisation.

Progress at the Linderos Copper Project, under a joint venture with Hanrine, also accelerated. Four additional diamond holes were drilled during the quarter, totalling 4,083 metres. This brings the cumulative drilling total to 7,105 metres since late 2024. The 10,000-metre threshold is expected to be reached in Q2 2025, enabling Hanrine to earn a 25% project interest, with a follow-up 15,000-metre campaign set to begin in the third quarter.

On the corporate front, Titan raised A$5.7 million through the conversion of 16.27 million options and fully repaid its remaining debt, ending the quarter with a strong cash position of A$17.2 million (US$10.8 million).

Looking ahead, Titan is preparing to resume resource drilling at Dynasty by late April, with an updated Mineral Resource Estimate anticipated by mid-2025. Additionally, exploration across new porphyry gold and copper targets is scheduled to begin early in the second quarter, positioning the company for continued momentum through the year.

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