Titan Minerals (ASX:TTM) said that assays for its diamond drilling program at its Dynasty gold project in Ecuador were delayed and will be delivered in the coming weeks, according to a Wednesday Australian bourse filing.
ALS Global analytical laboratories experienced delays due to "higher than expected" sample volumes, with further delays caused by the holiday period, the filing noted.
The mining firm completed 20 diamond holes for 4,600 meters by the end of 2024 as part of a 10,000-meter resource growth and conversion drilling campaign which started in November 2024.
Titan's shares fell 5% in recent trading on Wednesday.