
Titan Minerals restarts drilling at Ecuadorian gold project
Titan Minerals (ASX:TTM) recommenced resource drilling at its flagship Dynasty Gold Project in Ecuador, following surface trenching results at the Cerro Verde prospect.
The latest trenching campaigns have confirmed shallow, high-grade mineralisation strike extensions, demonstrating untapped exploration potential.
Intercepts from the recent trenching include a 1.6m at 12.6 g/t gold and 42.7 g/t silver, alongside broader intervals such as 6.1m at 5.1 g/t gold and 3.0 g/t silver.
Three diamond drill rigs are currently operational on-site, specifically targeting resource extensions and high-priority exploration targets, with initial assay results expected within the next four to six weeks.
The company is advancing its Dynasty scoping studies, with independent mine consulting group Orelogy currently undertaking pit optimisation and engineering studies to derisk the project.
Titan Minerals CEO Melanie Leighton expressed strong optimism regarding the project's trajectory, noting that the operational restart builds on a 2025 exploration campaign.
The previous work culminated in a March mineral resource estimate update, which delivered a substantial 25% uplift in gold and a 15% increase in silver contained resources, totalling 3.5 million ounces of gold and 22.1 million ounces of silver.