ECUADOR — Titan Minerals Limited (ASX: TTM) has announced significant high-grade gold discoveries at its flagship Dynasty Gold Project in Southern Ecuador.
The company’s ongoing exploration efforts have yielded impressive results at the recently identified Tomahawk target and in the Iguana extensional areas.
The latest findings have dramatically expanded the known gold-silver mineralisation footprint at Dynasty to nine kilometres by two kilometres, a substantial increase from the previously defined 5.5-kilometre by one-kilometre zone.
This expansion underscores the project’s growing potential and supports Titan’s resource growth strategy.
Trenching at the newly identified Tomahawk target has returned impressive results, including five metres at 5.0 g/t gold and 20.6 g/t silver, with a high-grade section of two metres at 11.2 g/t gold and 33.0 g/t silver.
These initial findings from Tomahawk demonstrate the area’s untapped potential.
At Iguana South, trenching revealed three metres at 21.4 g/t gold and 14.1 g/t silver, confirming the discovery of a high-grade vein extending over 400 metres and remaining open along strike.
Additionally, a new vein system at Iguana East produced 1.8 metres at 4.5 g/t gold and 10.6 g/t silver, extending mineralisation beyond the Inferred Mineral Resource area.
Titan Minerals is accelerating its exploration efforts, with plans to develop further trenches over priority target areas.
The company is preparing for an upcoming drilling campaign of approximately 10,000 metres, targeting both lateral and depth resource extensions, as well as multiple new exploration zones.
Melanie Leighton, CEO of Titan Minerals, expressed enthusiasm about the recent discoveries, stating: “These high-grade gold results from trenching in our newly identified exploration targets at the Dynasty Gold Project are truly exciting.
“The latest results from Tomahawk and Iguana South have proven the fertility of Dynasty over a much larger area than previously known, encompassing the current 3.1 million ounces of gold and 22 million ounces of silver Mineral Resource.”
Leighton added: “We are expediting the development of further trenches over priority target areas and look forward to testing many of these exploration targets in our upcoming drilling campaign. Investors can expect a steady flow of trench results over new targets in the coming weeks, followed by results from our resource and exploration drilling programs in the months ahead.”
Titan Minerals aims to update the Dynasty resource estimate by mid-2025, incorporating the results from ongoing exploration and drilling programs.
With gold and silver prices at all-time highs, the company is optimistic about enhancing the project’s overall value and potential.
