- Titan Minerals (TTM) identifies up tp 11.2 grams of gold per tonne (g/t) from the Cerro Verde Prospect at the Dynasty Gold Project in Ecuador
- More than 900 metres of channel sampling was completed by Titan with results received for 609 metres
- Sampling targeted multiple quartz veins associated with alteration haloes hosted within broad zones of volcanic host rocks
- Further sampling and trenching will continue at Dynasty along with surface mapping and updates to the project geology
- Shares in Titan are down 8.70 per cent and are trading at 10.5 cents at 1:08 pm AEST
Titan Minerals (TTM) has identified up to 11.2 grams of gold per tonne (g/t) from the Cerro Verde Prospect at the Dynasty Gold Project.
The Dynasty Gold Project lies in the Loja Province of southern Ecuador and consists of five concessions totalling 139 square kilometres.
More than 900 metres of channel sampling was completed by Titan with results received for 609 metres.
Sampling targeted multiple quartz veins associated with alteration haloes hosted within broad zones of volcanic host rocks.
All the channel samples intersected mineralisation with several additional mineralised vein zones identified.
Best results include 2.6 metres at 11.2g/t gold, 6.66 metres at 4.41g/t gold and 6.66 metres at 4.16g/t gold.
The majority of the results confirm previous surface sampling and also identified several minor vein splays.
Further sampling and trenching will continue at Dynasty along with surface mapping and updates to the project geology.
Drilling is also ramping up with two further diamond drills expected to be operational over the next few weeks.
Shares in Titan were down 8.70 per cent and trading at 10.5 cents at 1:08 pm AEST.