Titan Minerals (ASX:TTM) has found standout gold and silver grades through resource drilling at its Dynasty gold project in Ecuador, including 20 metres at 2.8 grams per tonne (g/t) of gold and 14.7 g/t of silver returned from 296.1 metres.
The drilling has focused on the Cerro Verde prospect, with the Brecha-Comanche target being the site of multiple impressive results.
These included 4.7 metres at 5.7 g/t Au, 43.3 g/t Ag from 227 metres (including 2.3 metres at 11.3 g/t Au, 83.3 g/t Ag), plus 20.2 metres at 2.8 g/t Au, 14.7 g/t Ag from 296.1 metres (including 5.8m @ 7.1 g/t Au, 42.9 g/t Ag) – all from one hole.
Another hole yielded 5.6 metres at 3.3 g/t Au and 78.2 g/t Ag from 13.1 metres.
Titan’s resource drilling program at Dynasty is ongoing, and comprises 10,000 metres, with results anticipated in the coming weeks, as the company drives towards publishing a resource update in mid-2025.
CEO Melanie Leighton said she was pleased the program was tracking well.
“The result of 20 metres at 2.8 g/t Au, 14.7g/t Ag from 296.1m in CVDD24-117 was returned from an infill hole at Brecha-Comanche,” Ms Leighton said.
“The result has improved the width and grade of mineralisation in this area and will alsosupport an upgrade in resource classification.
“Pleasingly, it was also successful in intersecting a new vein not previously recognised, with a result of 5.8m @ 7.1 g/t Au, 42.9 g/t Ag returned from within the above-mentioned broader intersection of 20m @ 2.8 g/t Au, 14.7 g/t Ag.”
Titan shares fell after the news, and at 10:30 AEDT, they were trading at 41 cents, a fall of 8.89% since the market opened.
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