Resource Confidence Rises as Depth Doubles – Can Dynasty Sustain Growth?

Extending the Depths of Dynasty

Titan Minerals Limited (ASX, TTM) has delivered a compelling update from its Dynasty Gold Project in southern Ecuador, revealing that recent diamond drilling has nearly doubled the depth extent of gold and silver mineralisation at the Brecha-Comanche target within the Cerro Verde prospect. This significant advancement pushes the known mineralised zone from approximately 200 metres to around 400 metres below surface, opening up new potential for resource growth.

The latest drilling campaign, completed in late 2025, returned robust intercepts such as 31.4 metres grading 2.3 grams per tonne (g/t) gold and 7.1 g/t silver from 375.7 metres depth, and 26.3 metres at 1.7 g/t gold and 5.0 g/t silver from 294 metres. These results not only confirm the strong continuity of the mineralisation but also highlight the quality of the Dynasty gold system, which currently hosts an established resource of 3.1 million ounces of gold and 22 million ounces of silver.

Infill Drilling Bolsters Confidence

Alongside extensional drilling, infill assays through the upper parts of the same holes have provided valuable data to improve resource confidence and categorisation. Notable intercepts include 20.7 metres at 2.0 g/t gold and 18.2 g/t silver from 99.7 metres, and 32.3 metres at 1.1 g/t gold and 4.8 g/t silver from 171 metres. These results reinforce the predictability of mineralisation within the existing resource footprint and are expected to underpin a more robust Mineral Resource Estimate (MRE) update.

CEO Melanie Leighton emphasised the significance of these findings, stating that the company is well-positioned to transform the Dynasty resource into a high-quality, large-scale, long-life gold mining operation in an emerging Tier 1 jurisdiction. She also highlighted the anticipation around upcoming results from the Kaliman porphyry target, which could further enhance the project’s resource base.

Looking Ahead, Kaliman and Resource Update

While the Brecha-Comanche drilling results mark the completion of the 2025 resource drilling campaign for that target, several assay results from the Kaliman porphyry target remain pending. Previous drilling at Kaliman has already identified extensive zones of gold-silver-copper mineralisation, with intercepts such as 216.6 metres at 0.5 g/t gold and 0.11% copper, including high-grade sections. The release of these results in the coming weeks is expected to provide further clarity on the project’s potential.

The company confirms that the MRE update is progressing well, with geological and mineralisation models being refined as new assay data is incorporated. The updated resource estimate is on track for delivery in late Q1 2026, a milestone that will be closely watched by investors and analysts alike.

Strategic Positioning in Ecuador

The Dynasty Gold Project benefits from a favourable regulatory environment, with key concessions fully permitted for exploration and small-scale mining. The project’s location within the Inter-Andean Graben; a region known for hosting significant epithermal and porphyry deposits; adds to its strategic appeal. Titan Minerals’ methodical approach to drilling and resource definition, combined with ongoing derisking studies, positions the company to capitalise on the emerging opportunities in Ecuador’s mining sector.