Resource Upgrade Potential Rises with Titan’s Latest Dynasty Drill Results

Robust Drilling Results at Dynasty

Titan Minerals Limited (ASX: TTM) has delivered a compelling update from its Dynasty Gold Project in southern Ecuador, revealing multiple high-grade gold and silver intersections from recent resource drilling at the Cerro Verde prospect. The standout result includes a broad 20.2-meter intercept grading 2.8 g/t gold and 14.7 g/t silver, which notably contains a higher-grade 5.8-meter section at 7.1 g/t gold and 42.9 g/t silver. This intercept was part of drill hole CVDD24-117, an infill hole designed to enhance geological confidence and resource classification.

Additional significant results from the Brecha-Comanche target include 4.7 meters at 5.7 g/t gold and 43.3 g/t silver, and 10.7 meters at 3.4 g/t gold and 5.7 g/t silver from other drill holes. These findings reinforce the continuity and grade of mineralisation at depth and laterally, with CVDD24-120 extending mineralisation approximately 40 meters below previously defined zones.

Discovery of the 'Koala' Vein

A particularly exciting development is the identification of a new vein, dubbed the 'Koala' vein, intersected at 308.2 meters depth within CVDD24-117. This vein returned 5.8 meters at 7.1 g/t gold and 42.9 g/t silver, representing a fresh target for resource growth. Titan Minerals plans to test the up-dip continuity of this vein, which could add materially to the existing resource base.

Ongoing Drilling and Future Milestones

The company currently operates three diamond drill rigs at Dynasty, progressing a 10,000-meter resource definition campaign initiated in late 2024. With assay results pending for additional holes at Cerro Verde and the Iguana prospect, Titan anticipates a steady flow of data in the coming weeks and months. The resource update is scheduled for mid-2025, which will incorporate these new results and underpin the forthcoming Dynasty Scoping Study. This study is already advancing, including metallurgical test work, signaling a methodical approach towards project development.

CEO Melanie Leighton expressed confidence in the drilling program, highlighting the strong funding position and the supportive environment of record-high gold prices. She emphasized the potential for both resource growth and classification upgrades, driven by the quality and extent of the recent drill intersections.

Strategic Context and Regional Potential

The Dynasty Gold Project covers 139 square kilometers and hosts a 3.1 million ounce gold and 22 million ounce silver mineral resource. The project’s geology is characterised by extensive epithermal veining and potential porphyry copper mineralisation, with multiple prospects including Cerro Verde, Iguana, Trapichillo, and Papayal. The recent drilling results at Brecha-Comanche add to a growing body of evidence supporting the project's scale and quality.

Environmental authorisations are in place for key concessions, enabling ongoing exploration and small-scale mining activities. Titan’s disciplined exploration strategy, combined with robust assay protocols and detailed geological modelling, positions the company well to unlock further value from this prolific district.