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Titan Minerals (ASX:TTM) has found standout gold and silver grades through resource drilling at its Dynasty gold project in Ecuador, including 20 metres at 2.8 grams per tonne (g/t) of gold and 14.7 g/t of silver returned from 296.1 metres.
The drilling has focused on the Cerro Verde prospect, with the Brecha-Comanche target being the site of multiple impressive results.
These included 4.7 metres at 5.7 g/t Au, 43.3 g/t Ag from 227 metres (including 2.3 metres at 11.3 g/t Au, 83.3 g/t Ag), plus 20.2 metres at 2.8 g/t Au, 14.7 g/t Ag from 296.1 metres (including 5.8m @ 7.1 g/t Au, 42.9 g/t Ag) – all from one hole.
Another hole yielded 5.6 metres at 3.3 g/t Au and 78.2 g/t Ag from 13.1 metres.
Titan’s resource drilling program at Dynasty is ongoing, and comprises 10,000 metres, with results anticipated in the coming weeks, as the company drives towards publishing a resource update in mid-2025.
CEO Melanie Leighton said she was pleased the program was tracking well.
“The result of 20 metres at 2.8 g/t Au, 14.7g/t Ag from 296.1m in CVDD24-117 was returned from an infill hole at Brecha-Comanche,” Ms Leighton said.
“The result has improved the width and grade of mineralisation in this area and will also
support an upgrade in resource classification.
“Pleasingly, it was also successful in intersecting a new vein not previously recognised, with a result of 5.8m @ 7.1 g/t Au, 42.9 g/t Ag returned from within the above-mentioned broader intersection of 20m @ 2.8 g/t Au, 14.7 g/t Ag.”
Titan shares fell after the news, and at 10:30 AEDT, they were trading at 41 cents, a fall of 8.89% since the market opened.
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