- Titan Minerals (TTM) launches a drilling program at its Dynasty gold project in southern Ecuador
- The drilling will test extensions to mineralisation identified in Titan’s 2021 drilling campaign, where “significant” epithermal gold and porphyry gold-copper mineralisation remains open both laterally and at depth
- Several targets are set to be tested, including epithermal vein-hosted gold at the Cerro Verde prospect and extensive porphyry gold-copper mineralisation at the Kaliman prospect
- Titan Minerals shares are up 3.39 per cent and trading at 6.1 cents at 12:52 pm AEST
Titan Minerals (TTM) has launched a drilling program at its Dynasty gold project in southern Ecuador.
The drilling will seek to test extensions to mineralisation identified in Titan’s 2021 drilling campaign, where “significant” epithermal gold and porphyry gold-copper mineralisation remains open both laterally and at depth.
Titan told investors its technical team spent several months studying the vein and porphyry systems through systematic surface mapping and diamond drill core relogging. This culminated in the creation of an integrated and “robust” 3D geological model to facilitate the drill design.
Several targets are set to be tested, including epithermal vein-hosted gold at the Brecha-Comanche target within the Cerro Verde prospect and extensive porphyry gold-copper mineralisation at the Kaliman prospect.
Previous Results from the 2021 program at the Brecha-Comanche, Cerro Verde prospect included 3.05 metres at 16.48 grams per tonne (g/t) gold and 61.66 g/t silver from 142.15 metres.
At the Kaliman gold-copper porphyry prospect, drilling returned 102.7 metres at 1.48 g/t gold, 4.50 g/t silver and 0.09 per cent copper from 46.5 metres.
“We are very excited to have commenced drilling at Dynasty with a suite of compelling targets set to feature in the drill program,” Titan CEO Melanie Leighton said.
“Drilling has been designed to extend mineralisation identified in Titan’s 2021 drilling, where several strongly mineralised intervals remain open — both epithermal and porphyry.”
Titan Minerals shares were up 3.39 per cent and trading at 6.1 cents at 12:52 pm AEST.