Titan Minerals establishing a succession of drill programs within Dynasty Gold Project

Titan Minerals (ASX:TTM) has begun drilling at both the Cerro Verde and Kaliman Porphyry prospects within its Dynasty Gold Project in southern Ecuador.

The company reports drilling has begun to test extensions to Kaliman porphyry gold-copper and Brecha-Comanche epithermal vein hosted gold mineralisation at the project, as well as target extensions to ‘significant’ intersections returned from its 2021 drill program. 

These targets include depth extensions to ‘high-grade’ epithermal gold at Brecha-Comanche which returned gold grades up to 61.66g/t Au, as well as lateral and depth extensions to ‘large-scale’ Kaliman gold-copper porphyry prospect, and potential overlapping epithermal gold and porphyry gold-copper mineral systems.  

Titan notes drilling has begun following several months of its technical team studying vein and porphyry systems through systematic surface mapping and diamond drill core relogging, culminating in the creation of an integrated and ‘robust’ 3D geological model to facilitate the drill design.    

The company says it will provide updates as drilling progresses and as results are received. 

Speaking on the start of drilling, Titan Minerals Chief Executive Officer (CEO), Melanie Leighton says: “We are very excited to have commenced drilling at Dynasty with a suite of compelling targets set to feature in the drill program. 

Titan’s technical team have made considerable advances in their understandings of mineralisation controls at the Cerro Verde prospect at Dynasty, with several targets set to be tested including epithermal vein hosted gold at the Brecha-Comanche target and extensive porphyry gold-copper mineralisation at the Kaliman prospect. 

“Titan’s technical team have made considerable advances in their understandings of mineralisation controls at the Cerro Verde prospect at Dynasty, with several targets set to be tested…”

Drilling has been designed to extend mineralisation identified in Titan’s 2021 drilling, where several strongly mineralised intervals remain open – both epithermal and porphyry. 

Generative work programs including mapping and surface geochemical sampling continue to unveil new mineralised areas at the Dynasty Project, adding further support to the potential to add considerable ounces to the existing resource through systematic exploration. 

We look forward to providing updates as exploration work programs and drilling activities progress, and as results are received.” 

The company also notes ‘high-grade’ gold and silver mineralisation hosted within depth extensions at the Brecha-Comanche Vein target is associated with an intermediate sulphidation system with average vein widths of 2 to 8 metres. 

Additionally, further ‘high-grade’ gold and silver intersected in drillhole CVD033, conducted in a zone between the Brecha-Comanche epithermal vein mineralisation and the Kaliman porphyry gold-copper mineralisation, is open in all directions with potential to extend the wide and shallow mineralisation. 

Titan Minerals is an ASX-listed exploration and development company focused on exploring and delineating potential tier one projects in Ecuador’s southern Andean copper-gold belt. The company’s Dynasty project represents an advanced stage exploration project comprising 5 contiguous concessions which cover a total land area of 139km-square. 

The project is situated within a corridor of mineralisation extending from Peru through northern Ecuador that is associated with early to late Miocene aged intrusions. Exploration to date has outlined an ‘extensive’ zone of epithermal veining over a 9km strike and over 1km in width, with potential for porphyry gold, silver, and copper mineralisation as identified by surface mapping, trenching, and drilling. 

Images: Titan Minerals Ltd
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.