Titan Minerals (ASX:TTM) extends high grade mineralisation at Dynasty Gold Project

Titan Minerals Limited (ASX:TTM) has reported further strong results from ongoing resource definition drilling at its 100% owned Dynasty Gold Project in southern Ecuador, with the latest intercepts from the Cerro Verde prospect confirming wide, high grade gold and silver mineralisation from shallow depths.

The work is part of a 6,000 metre infill and resource conversion program designed to increase resource confidence, optimise mine design and identify new zones of mineralisation within the conceptual open pit.

In this Q&A, Chief Executive Officer Melanie Leighton addresses key investor questions about the significance of the results, their impact on future mine planning, and the broader context for project development.

What do the latest drilling results at the Cerro Verde prospect indicate for the Dynasty Gold Project?

The latest results include standout intercepts such as 31.6 metres at 2.2 grams per tonne gold and 5.4 grams per tonne silver from 70.9 metres in drillhole CVDD25-141, with higher grade zones of up to 8.8 metres at 3.8 grams per tonne gold and 10.6 grams per tonne silver.

This hole, the first completed in the current infill program, was drilled in an undrilled area within the conceptual pit.

According to Chief Executive Officer Melanie Leighton,

“It is pleasing to deliver these exceptional drill results in proximity to our current resource, as we continue to define extensions to mineralisation, which augers well for our early development studies at Dynasty.”

These results confirm the potential to add new mineralisation in areas previously classified as waste and demonstrate the value of targeted infill drilling in resource growth.

How might these results impact future pit optimisation and mine planning?

By confirming mineralisation in previously untested zones between the Brecha-Comanche epithermal gold system and the Kaliman porphyry copper-gold system, the results provide new data that can be incorporated into pit optimisation work.

The presence of mineralisation in these areas has the potential to reduce waste volumes within the pit shell, leading to improved strip ratios and improved overall project economics.

This information will be used in the upcoming scoping study to refine pit shapes and scheduling, ensuring that the resource estimate reflects the full extent of mineralisation defined by the current drilling program.

What is the current status of drilling activities at Dynasty?

Three diamond rigs are currently operating at Cerro Verde, with the 6,000 metre infill and resource conversion program expected to be completed within three months.

This follows a 10,000 metre resource definition and extensional drilling program completed in June, which targeted lateral extensions of the epithermal vein system at the edge of the known resource.

Leighton noted that,

“We have 3 drill rigs churning at Dynasty, while our JV partner, Hancock Prospecting, is busy drill defining large-scale copper porphyry mineralisation at our Linderos Project.”

In August, Titan’s specialist resource consultant from Entech Mining will visit site as part of the due diligence process for the mineral resource estimate update.

How significant is Cerro Verde within the overall Dynasty resource?

Cerro Verde hosts approximately 1.9 million ounces of gold, representing nearly two thirds of the 3.1 million ounce total resource at Dynasty.

The mineralisation is the widest, most continuous and most geologically predictable in the project area, extending from surface to around 400 metres depth.

This combination of scale, continuity and predictability makes Cerro Verde the central focus for ongoing drilling aimed at adding high value ounces within or immediately adjacent to open pit optimisation shells.

As Leighton explained,

“To be the 100% owner of such a substantial and growing multi-million-ounce gold-silver project puts Titan in the box seat amongst our junior ASX peers.”

What broader developments could influence the project’s future?

The Dynasty Gold Project is advancing in a favourable investment environment, with increasing foreign investment in Ecuador’s mining sector providing an exciting backdrop for development.

In addition to work at Dynasty, drilling by Hancock Prospecting at the Linderos Project is targeting large scale copper porphyry mineralisation, which adds further depth to Titan’s exploration portfolio and significant exposure for its shareholders to what could be a meaningful copper porphyry deposit, with its exploration and development being fully funded by the Company’s JV Partner, Hancock Prospecting.

“We have seen a significant increase in foreign investment in Ecuador in recent months, and Titan believes that an exciting period of value creation lies ahead for our shareholders,”

Leighton said.

Advancing toward a larger, stronger resource

The latest drilling at Cerro Verde continues to expand the mineralised footprint and convert lower confidence areas into defined resources, which supports mine studies and a potential Ore Reserve for the Dynasty Gold Project.

By focusing on high quality infill targets, Titan Minerals is building a strong foundation for mine planning and future development studies, while maintaining exploration momentum across its broader portfolio.

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