Titan Minerals boosts its Dynasty Gold Project resource to 3.9 million ounces of gold and 26.1 million ounces of silver, driven by extensive drilling at Cerro Verde and discovery of porphyry mineralisation at Kaliman. A major 30,000m drilling campaign is planned for 2026 alongside advancing feasibility studies.
- 25% increase in gold resource to 3.9 million ounces
- 19% increase in silver resource to 26.1 million ounces
- Cerro Verde deposit now contains 2.7 million ounces gold
- New porphyry mineralisation at Kaliman enhances project scale
- 30,000m drilling program and scoping studies planned for 2026
Dynasty Gold Resource Surges on Extensive Drilling
Titan Minerals Limited (ASX:TTM) has reported a significant 25% increase in gold resources at its 100% owned Dynasty Gold Project in southern Ecuador, now totalling 3.9 million ounces of gold and 26.1 million ounces of silver. This boost is primarily attributed to approximately 22,400 metres of diamond drilling at the Cerro Verde deposit, which alone added 780,000 ounces of gold and 4.1 million ounces of silver, lifting Cerro Verde’s resource to 2.7 million ounces of gold and 16.15 million ounces of silver.
The updated Mineral Resource Estimate (MRE) positions Dynasty as a large-scale, long-life gold-silver deposit with a substantial near-surface component; 76% of the resource lies within 200 metres of surface; supporting potential open pit mining scenarios. The project spans three granted mining concessions, each permitted for small-scale mining of up to 1 million tonnes per annum, offering a pathway for early-stage production and cash flow generation from oxide mineralisation.
Porphyry Mineralisation at Kaliman Adds Bulk-Tonnage Upside
Alongside the epithermal gold-silver veins, drilling at the Kaliman prospect has delineated extensive zones of porphyry-hosted gold-silver-copper mineralisation. These bulk-tonnage zones complement the high-grade epithermal mineralisation, materially enhancing the scale and development optionality of the Dynasty Project. The inclusion of porphyry mineralisation is expected to reduce strip ratios, extend mine life, and improve overall project economics.
This breakthrough discovery follows a 25,000-metre drilling campaign in 2025 and is expected to underpin ongoing feasibility studies. The porphyry mineralisation remains open along strike and at depth, highlighting significant potential for further resource growth. The company plans to test resource extensions and convert inferred resources to indicated status in a major ~30,000-metre drilling program scheduled for 2026.
Strong Continuity Confirmed at Brecha-Comanche
At the Brecha-Comanche target within Cerro Verde, infill drilling has confirmed the remarkable continuity of high-grade gold-silver mineralisation. Drilling results include wide intercepts such as 31.4 metres at 2.3 g/t gold and 7.1 g/t silver, and 2.9 metres at 21.9 g/t gold and 10.4 g/t silver. These results support future resource classification upgrades and bolster confidence in the deposit’s predictability and scalability.
Extensional drilling has also doubled the vertical depth of mineralisation at Brecha-Comanche to approximately 600 metres below surface, while identifying additional mineralised zones beyond the current resource envelope. These findings reinforce the potential for continued resource expansion at Dynasty.
Linderos Copper JV Advances with Hancock Prospecting
In parallel, Titan’s Linderos Copper Project joint venture partner, Hanrine; a subsidiary of Hancock Prospecting; is progressing a two-phase 25,000-metre diamond drilling program. Phase 1 (10,000 metres) has been completed, earning Hanrine a 30% interest in the project, with Phase 2 (15,000 metres) underway to earn an additional 21%, increasing their stake to 51%. Drilling has confirmed a large-scale porphyry copper system extending over 1 kilometre in strike and to depths exceeding 1 kilometre, with mineralisation remaining open for further expansion.
Financial Position and Corporate Developments
Titan Minerals strengthened its balance sheet in 2025 with a US$10 million strategic investment from Lingbao Gold International Company Ltd, which acquired a 9.9% stake at a 33% premium to the prevailing share price. The company ended the March 2026 quarter with approximately A$11 million (US$7.5 million) in cash and receivables, providing a solid platform to fund ongoing exploration and development.
The company is debt-free following the repayment of its loan facility and has converted 16.3 million options at $0.35, raising an additional A$5.7 million. Share-based payments and performance rights continue to incentivise management and consultants, aligning interests with shareholders.
Looking ahead, Titan is advancing scoping studies for Dynasty and preparing for a major drilling campaign aimed at further resource growth and conversion. The combination of high-grade epithermal veins and bulk-tonnage porphyry mineralisation, alongside strong infrastructure and permitting in Ecuador, positions Dynasty as a compelling development opportunity.
These developments build on the company’s earlier successes, including the substantial resource increase announced in March 2026, and the discovery of extensive porphyry mineralisation at Kaliman earlier in the year, which have been covered in recent reports such as the 25% gold resource surge at Dynasty and the porphyry mineralisation confirmation at Kaliman. Meanwhile, the deepening of mineralisation at Brecha-Comanche has been highlighted in the doubling of depth at Dynasty project.
Bottom Line?
Titan Minerals’ resource growth and new porphyry discoveries at Dynasty set a strong foundation, but the challenge now lies in converting inferred resources and advancing feasibility amid evolving market conditions.
Questions in the middle?
- How will Titan’s 2026 drilling campaign impact the conversion of inferred resources to indicated status at Cerro Verde?
- What are the potential economic implications of integrating porphyry mineralisation at Kaliman into the Dynasty mine plan?
- How might the progress and milestones of the Linderos Copper JV with Hancock Prospecting influence Titan’s capital allocation and development strategy?