Titan Minerals has resumed drilling at its Dynasty Gold Project, revealing fresh near-surface gold and silver mineralisation through trenching at Cerro Verde. The project’s March 2026 resource stands at 3.9 million ounces of gold and 26.1 million ounces of silver, with a 10,000m drilling campaign underway and scoping studies progressing.
- Trenching confirms new shallow gold-silver zones at Cerro Verde
- Drilling restarted with three diamond rigs targeting resource extensions
- March 2026 resource estimate totals 3.9Moz gold and 26.1Moz silver
- 10,000m drilling program underway with first results in 4-6 weeks
- Scoping study advancing to support feasibility and resource growth
Trenching Highlights Untapped Near-Surface Mineralisation
Titan Minerals Limited (ASX:TTM) has reignited exploration momentum at its 100%-owned Dynasty Gold Project in Ecuador, with surface trenching at the Cerro Verde prospect revealing significant new zones of shallow gold and silver mineralisation. Recent trench results include standout intercepts such as 6.1m at 5.1 g/t gold and 3.9 g/t silver, and 1.6m at 12.6 g/t gold and 42.7 g/t silver. These findings suggest a 400m western and 150m eastern strike extension beyond current resources, offering a low-cost pathway to rapidly expand oxide resources near surface.
Diamond Drilling Resumes Targeting Resource Growth
Building on trench successes, Titan has deployed three diamond rigs to test resource extensions and exploration targets, focusing initially on the Brecha-Comanche target where 2025 drilling defined high-grade zones. Notable past drill intercepts at Brecha-Comanche include 2.9m at 21.9 g/t gold and 10.4 g/t silver, and 38.5m at 3.0 g/t gold and 5.6 g/t silver. The current 10,000m drilling campaign aims to expand the 3.9 million ounce gold and 26 million ounce silver Mineral Resource Estimate (MRE), with assay results expected within 4-6 weeks.
Advancing Scoping Studies to De-risk Dynasty
Alongside exploration, Titan is progressing scoping studies led by independent consultants Orelogy, focusing on pit optimisation and engineering to underpin future feasibility work. The scoping study is designed to provide a strategic framework for resource growth, conversion drilling, and project advancement, with delivery targeted for late Q3 to early Q4 2026. This work is critical to de-risking the project and refining development pathways.
Copper Exploration Complements Gold Focus
Beyond gold, Titan’s copper portfolio in Ecuador is gaining attention amid a copper price rally to near all-time highs around US$6.50 per pound. The company’s JV partner, Hanrine (a Hancock Prospecting subsidiary), is actively drilling at the Linderos Copper Project to earn up to 80% ownership, with further results due soon. Concurrently, low-cost exploration continues at the Copper Duke and Copper Field Projects, positioning Titan to capitalise on rising copper demand.
Aiming for Resource Upgrade and Increased Confidence
The Dynasty Gold Project’s March 2026 MRE totals 65.55 million tonnes grading 1.85 g/t gold and 12.38 g/t silver, containing 3.9 million ounces of gold and 26.1 million ounces of silver. Approximately 70% of the resource is hosted at Cerro Verde. Titan plans infill drilling on a nominal 40m x 40m grid to upgrade resource classification from Inferred to Indicated, supporting more robust mine planning. The combination of new trenching, extensional drilling, and scoping studies sets the stage for a potential resource upgrade and clearer development pathway.
Bottom Line?
Titan Minerals’ renewed drilling and trenching at Dynasty underscore the project’s capacity to grow near-surface gold resources cost-effectively, with key assay results and scoping study milestones ahead shaping the next phase of development.
Questions in the middle?
- Will the ongoing drilling confirm the continuity and grade of the newly identified shallow mineralisation?
- How will the scoping study outcomes influence Titan’s timeline for feasibility and potential production decisions?
- Can copper exploration successes at Linderos and other projects deliver additional value amid rising copper prices?