Titan Minerals Unveils Wide High-Grade Gold-Silver Zones at Dynasty Ahead of Resource Update

• Multiple wide, high-grade gold-silver intercepts at Brecha-Comanche and Kaliman targets
• Discovery of bulk mineralisation hosted in porphyry and breccia units expands resource potential
• Ongoing 8,000m diamond drilling program to support resource update in Q1 2026
• Strong financial position following strategic investment by Lingbao Gold
• Advancement of mine studies and potential project-level transaction negotiations underway

Significant Drilling Success at Dynasty

Titan Minerals Limited (ASX – TTM) has delivered a compelling update from its 100%-owned Dynasty Gold Project in southern Ecuador, revealing multiple wide and high-grade gold and silver intercepts from recent drilling campaigns. The latest results, particularly from the Brecha-Comanche and Kaliman targets within the Cerro Verde prospect, highlight an evolving understanding of mineralisation controls that could substantially increase the project's resource base.

Drill hole CVDD25-143 at Brecha-Comanche returned a series of impressive intercepts, including 7.2 meters at 2.8 grams per tonne (g/t) gold and 5.2 g/t silver, and a standout 6.1 meters at 7.1 g/t gold and 88 g/t silver. These intercepts extend previously reported mineralisation by approximately 40 meters, underscoring the potential for significant resource expansion in this area.

Bulk Mineralisation Opens New Opportunities

Unlike the traditionally narrow vein-hosted mineralisation typical of Dynasty, recent drilling has identified wider zones of bulk mineralisation hosted within diorite porphyry units. This style of mineralisation, evident at both Brecha-Comanche and Kaliman, offers the prospect of improved mining economics through better strip ratios and more efficient extraction.

At Kaliman, shallow drilling intercepted 153 meters at 0.5 g/t gold and 1.9 g/t silver, including a higher-grade zone of 14.6 meters at 2.7 g/t gold and 11.2 g/t silver. Deeper drilling also confirmed multiple zones of vein-hosted mineralisation alongside porphyry-hosted mineralisation, reinforcing the potential for resource growth at depth.

Advancing Towards a Resource Update

The company is currently executing an 8,000-meter diamond drilling program at Cerro Verde, with a fourth rig recently added to accelerate progress. This program aims to refine geological confidence, upgrade resource categories, and capture new mineralisation zones ahead of a Mineral Resource Estimate (MRE) update targeted for early Q1 2026.

Independent resource geologists from Entech Mining have reviewed the project’s geological models and sampling protocols, supporting the robustness of the upcoming resource update. Concurrently, preliminary metallurgical testwork has demonstrated high gold recoveries of 85-88% for oxide ore and 91% for fresh ore, indicating promising processing characteristics.

Strong Financial Position and Strategic Partnerships

Titan’s CEO Melanie Leighton emphasized the company’s strong financial footing following a strategic 9.9% investment by Lingbao Gold, which included a US$10 million funding injection. This capital position enables Titan to advance derisking studies and negotiate potential project-level transactions, with an exclusivity period underway for further due diligence.

Leighton noted the transformative impact of current gold and silver prices, approximately US$4,300 per ounce for gold and US$53 per ounce for silver, compared to the pricing environment during the last resource estimate in mid-2023. This shift enhances the economic outlook for the Dynasty Gold Project and underpins the company’s development ambitions.

Looking Ahead

With over 25,000 meters of diamond drilling completed since the July 2023 resource estimate and more drilling underway, Titan Minerals is poised for a substantial resource growth phase. The upcoming MRE update, mine studies, and potential transaction negotiations represent key milestones that could redefine the project’s value proposition for shareholders and the broader market.

Bottom Line?

Titan Minerals’ latest drilling success and strategic positioning set the stage for a pivotal resource update and potential project transaction in early 2026.

Questions in the middle?

• How will the new bulk mineralisation impact the overall economics and mine planning at Dynasty?
• What are the terms and potential implications of the project-level transaction with Lingbao Gold?
• To what extent can the ongoing drilling program further upgrade resource confidence and expand the resource base?