Titan Minerals Limited (ASX: TTM) has announced significant discoveries of high-grade gold and silver mineralisation at its Dynasty Gold Project in southern Ecuador.

Recent exploration efforts have expanded the project’s footprint, with rock chip sampling indicating extensive gold and silver mineralisation beyond the existing resources.

Recent sampling has revealed impressive rock chip results, with assays showing 8.71 g/t gold and 197 g/t silver at the Papayal prospect, and 8.73 g/t gold at Trapichillo.

These findings mark substantial extensions of known mineral zones.

The project’s 3D geological model has undergone significant expansion and updating, reflecting an improved understanding of the geology.

This update suggests potential upgrades to JORC classification, highlighting the project’s increasing geological significance.

In light of these findings, Titan is planning extensive drilling programs.

These programs will target new gold and copper prospects that have been identified through recent soil geochemical surveys, following comprehensive trenching and mapping efforts.

Titan Minerals CEO Melanie Leighton expressed excitement about the results, stating: “Our expanded exploration programs have highlighted large-scale soil anomalies and coincident high-grade gold-silver rock chip results more than 1.7 kilometres from currently defined resources at Papayal.”

Leighton highlighted the discovery of new copper targets, adding: “These new areas of copper mineralisation provide a growth opportunity and could add considerable value to the Dynasty Project.”

In the coming weeks, Titan plans to commence work programs between Iguana and Trapichillo, an area with strong potential for lateral resource extensions, as well as exploration of a 1.8-kilometre strike extent of highly prospective land previously unexplored by Titan or previous project owners.

Leighton emphasised the significance of the gap zone, stating: “The gap zone is an exciting area that we consider to be an important piece of the puzzle that has the potential to connect gold mineralisation along the entire nine-kilometre epithermal corridor.”

The Dynasty Gold Project comprises five contiguous concessions covering 139 square kilometres, with three of these concessions fully permitted for exploration activities since 2016.

The project represents an advanced-stage exploration opportunity in a highly prospective region of Ecuador.