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Highlights
- Titan Minerals (TTM) progresses a 10,000-metre drilling program at the Dynasty Gold Project.
- Significant gold-silver mineralisation continuity extended at Iguana and Cerro Verde prospects.
- Updated resource estimate planned for mid-2025 as exploration uncovers promising new targets.
Titan Minerals (ASX:TTM) is advancing its large-scale exploration program at the Dynasty Gold Project in Ecuador, with the company nearing the halfway point of a 10,000-metre resource extension and infill drilling campaign. This effort, which has already completed 4,600 metres, is focused on unlocking additional potential across the Cerro Verde and Iguana prospects, both key zones within the project.
Advancing Resource Drilling at Iguana and Cerro Verde
Drilling at the Iguana prospect has achieved continuity in gold-silver mineralisation from the surface to depths of approximately 320 metres, exceeding previous findings of 250 metres. These results suggest mineralisation remains open at depth, and additional drilling is planned for 2025 to further explore this potential.
A significant discovery at Iguana East includes both vein and breccia-hosted mineralisation. This finding parallels the Brecha Comanche target at the Cerro Verde prospect, which has yielded some of the strongest and widest gold-silver intersections on the project.
Cerro Verde’s deeper drilling is targeting contacts between volcanic andesite, Kaliman porphyry, and diorite intrusive units, aiming to identify higher-grade zones and wider mineralisation compared to previous observations.
Exploration Targets Expand Resource Potential
In addition to drilling, recent trenching and soil geochemistry have highlighted unexplored zones beyond the current resource, which stands at 3.1 million ounces of gold and 22 million ounces of silver. Exploration of these new targets is planned for 2025 and may significantly expand the project’s resource base.
Preparing for 2025 Milestones
Titan Minerals plans to deliver an updated mineral resource estimate by mid-2025, a key component of its Scoping Study scheduled for later that year. With field operations set to resume in early January, the team will optimize the resource drilling program based on assay results expected by late December.
The company, with A$20 million in secured funding, is positioned to continue advancing Dynasty’s exploration and development. Titan aims to refine geological models in real-time, ensuring a seamless transition to resource updates and broader project studies in the coming months.
As drilling programs progress, Titan’s efforts to unlock the full potential of the Dynasty Gold Project reinforce its role as a growing player in Ecuador’s gold-silver sector.
