Titan Minerals Says Drilling at Ecuador Project Shows Potential for Large-Scale Porphyry System, Shares Rise 5%

MT Newswires Live

May 08, 2025

Titan Minerals (ASX:TTM) said results returned from four holes at the Linderos copper project in Ecuador demonstrated potential for a large-scale porphyry copper system, according to a Thursday Australian bourse filing.

The drilling was designed to target extensions to porphyry copper mineralisation at the Copper Ridge prospect. It returned a significant result of 735 meters at 0.23% grade of copper-equivalent from 385 meters.

The project is being operated by a subsidiary company of Hancock Prospecting, Hanrine Ecuadorian Exploration and Mining, under a joint venture and earn-in agreement.

Hanrine is fully funding an ongoing 10,000-meter diamond drilling program as part of their second project joint venture and earn-in commitment to earn an additional 25% interest in the project. Further diamond drilling is currently underway to define porphyry extensions.

The firm's shares fell almost 5% in recent trading on Thursday.

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It returned a significant result of 735 meters at 0.23% grade of copper-equivalent from 385 meters.</p><p>The project is being operated by a subsidiary company of Hancock  Prospecting, Hanrine Ecuadorian Exploration and Mining, under a joint venture and earn-in agreement.</p><p>Hanrine is fully funding an ongoing 10,000-meter diamond drilling program as part of their second project joint venture and earn-in commitment to earn an additional 25% interest in the project. Further diamond drilling is currently underway to define porphyry extensions.</p><p>The firm's shares fell almost 5% in recent trading on Thursday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MTX","symbol_name":"Minerals Technologies Inc","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2533412099","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533412099","pubTimestamp":1746679948,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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