Titan Minerals (ASX:TTM) strengthens Dynasty Gold Project with high-grade surface results and drilling progress

Titan Minerals Limited (ASX:TTM) has provided a detailed update on exploration activities at its 100% owned Dynasty Gold Project in southern Ecuador, where the Company continues to confirm wide and high-grade gold mineralisation from surface at the Cerro Verde prospect.

The latest trenching and channel sampling results have delivered strong gold and silver assays that are directly supporting the Company’s upcoming mineral resource update, while complementing ongoing drilling and geophysical programs across the project.

With two diamond drill rigs operating, the recent completion of a project-wide Mobile Magneto-Telluric (MMT) survey, and active trenching and mapping programs underway, Titan remains focused on advancing the Dynasty Gold Project as it works towards unlocking its broader exploration and development potential.

In this Q&A, Chief Executive Officer Melanie Leighton answers key investor questions about the significance of the recent results, the impact on resource modelling, and the forward work plan that underpins the Company’s growth strategy.

What is the significance of the latest trenching results at the Cerro Verde prospect?

The recent trenching at Cerro Verde has provided us with highly encouraging results, confirming wide zones of gold mineralisation from surface in areas with limited or no previous drilling.

These results, which include standout intercepts such as 6.4 metres at 2.3 grams per tonne gold and 6.2 metres at 2.0 grams per tonne gold, are important because they enhance our understanding of the mineralisation controls and support the 3D modelling that underpins resource estimation.

By gathering further surface assay information, we can better correlate these results with downhole drilling, helping to define mineralisation more accurately and strengthen the overall resource estimate.

“These latest trench results give us a valuable dataset that can be used to tie in downhole and along strike drill results with surface assay results, which provide strong control on the 3D mineralisation modelling being completed as part of the upcoming mineral resource estimate.”

How will these results impact the upcoming mineral resource update for the Dynasty Gold Project?

These results will help refine the mineral resource model by providing additional surface data in key areas, particularly where drilling has been sparse or absent.

The trenching program has returned meaningful intercepts that are expected to improve the continuity and definition of mineralisation within the resource area.

This enhanced geological understanding is critical for the upcoming mineral resource update, which will focus on delivering a more robust estimate and improved classification under the JORC code.

The infill drilling and trenching together will support higher confidence levels in the resource estimate.

What are the next steps for exploration and drilling at Dynasty following these results?

Our immediate priorities include continuing the 6,000-metre diamond drilling program focused on both infill and extensional drilling at the Cerro Verde and Iguana prospects.

This drilling is designed to target down-plunge and along-strike mineralisation while also increasing the density of data for resource estimation.

Alongside drilling, we are progressing trenching and mapping programs to further test mineralisation at surface, particularly in areas that may host extensions to the current resource.

“We are pleased to be deploying these low-cost, yet highly effective exploration techniques to develop trenches at Dynasty, where outcropping mineralisation lends itself to this simple method of gathering quality information and defining further mineralisation from surface.”

Can you explain the role of the Mobile Magneto-Telluric (MMT) survey and how it might enhance the project’s potential?

We recently completed a 920 line kilometre Mobile Magneto-Telluric geophysical survey, and we expect the processed results within the next few weeks, which will further refine our targeting.

The MMT survey is a tool we have employed to help us better understand the subsurface geology across the nine kilometre long mineralised corridor at Dynasty.

By mapping variations in resistivity and conductivity, the survey helps to identify potential feeder zones and structural features associated with both epithermal gold and porphyry copper mineralisation.

This complements our surface geochemical data and drilling results, providing a deeper view of the system.

The MMT survey covered key prospects including Cerro Verde, Iguana, Trapichillo, Papayal, and porphyry targets such as Kalimanand Lucarqui.

Once the data interpretation is complete, we expect it to significantly enhance our ability to prioritise drill targets across the project.

What makes the Cerro Verde prospect particularly important within the broader Dynasty Gold Project?

Cerro Verde is central to the Dynasty Gold Project because it currently hosts the majority of the project’s defined resource.

The mineralisation at Cerro Verde is extensive, predictable and has been drilled defined from surface down to approximately 400 metres.

This makes it highly amenable to open-pit development scenarios and positions Cerro Verde as the cornerstone of our resource base and future growth.

“The Cerro Verde prospect hosts almost two thirds (1.9Moz) of the Dynasty 3.1Moz gold resource. Drilling has highlighted Cerro Verde to host the widest, most strike extensive, and most predictable gold mineralisation, which has been defined from surface down to ~400 metres.”

Momentum building towards resource growth and development

Titan Minerals is making strong progress at the Dynasty Gold Project, where recent trenching and drilling continue to enhance the geological understanding and demonstrate the scale of the opportunity.

The Company remains focused on completing the current drilling program, delivering the mineral resource update in late Q3 2025, and using new exploration data to unlock additional value across the broader project area.

With multiple workstreams advancing in parallel, Titan looks forward to updating shareholders as results continue to build momentum towards long-term growth and development

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