Titan copper project Ecuador

Titan Minerals kickstarts maiden drilling at Copper Ridge Porphyry prospect, Ecuador

Titan Minerals (ASX:TTM) has launched a maiden drilling campaign at the Copper Ridge Porphyry prospect, part of the Linderos Project in southern Ecuador.

Titan reports that all permits required for drilling have been secured, with the Copper Ridge Porphyry prospect set to feature as the first of several ‘high priority’ targets to be drill tested at Linderos this year.

Drilling of the Meseta Gold prospect is also planned to begin in the coming week.

An initial 5 diamond drillhole program is underway to test the Copper Ridge porphyry prospect. A total of 2,500m of drilling has been planned with drillholes designed to a nominal depth of 500m to test the copper-molybdenum porphyry system.

Titan reports that drilling is aimed at intersecting the earlier, better mineralised porphyry, observed as xenoliths in inter-mineral mineralised porphyries logged in historical drill core.

Key parameters used for drill design were structural framework, porphyry intrusion chronology (i.e., porphyry phases), quartz vein abundance, airborne magnetics and radiometrics, as well as soil and channel sample geochemistry

Commenting on the maiden drill program, Titan Executive Director and CEO Matthew Carr said: “We are very excited to be drilling our first holes into Copper Ridge and Meseta Gold camp to test its potential to host higher grade copper-molybdenum porphyry mineralisation and the associated high sulphidation gold system at Meseta.

The team are doing a fantastic job, the layers of work done to embark on our first drilling campaign at Linderos cannot be understated.

There were some speed bumps at the beginning but our knowledge of the Linderos Project is evolving now at a rapid rate, thanks to the systematic boots on ground exploration that our technical team are deploying.

“We are confident that this type of exploration will unlock the potential of the Linderos project”

We are confident that this type of exploration will unlock the potential of the Linderos project, and we look forward to seeing the results of this maiden drilling campaign.”

In addition to the Copper Ridge and Meseta prospects, several new ‘ priority targets’ have been defined by a recent airborne magnetic and radiometric survey commissioned by Titan over the broader Linderos Project.

The newly acquired magnetic and radiometric datasets have facilitated a comprehensive geological interpretation at the Linderos Project, with several areas considered prospective for epithermal gold and porphyry copper mineralisation identified.

Further mapping and geochemical sampling are planned to gather additional geological information and to support the design of first pass drilling and other exploration work programs at each of the newly defined ‘high priority’ targets at the Linderos Project.

The Copper Ridge Porphyry prospect features surface copper-molybdenum anomalism highlighted by channel and soil sampling recently completed by Titan.

Mapping has confirmed that copper-molybdenum mineralisation is centred on dioritic porphyry intrusions about 1km in diameter, with these porphyritic intrusions also containing abundant mineralised quartz veining and copper oxide mineralisation at surface.

Titan notes that some of the better results returned from recent channel sampling at Copper Ridge include 46m @ 0.24% copper and 9.71ppm molybdenum in channel CRC040; 32m @ 0.21% copper and 3.91ppm molybdenum in channel CRC051; and 26m @ 0.22% copper and 9.76ppm molybdenum in channel CRC037.

Historical diamond drilling at Copper Ridge has previously returned significant intersections including 99.75m @ 0.26% copper from 255m down hole in ERIKA01; and 84.85m @ 0.32% copper from surface to end of hole in ERIKA02.

These drillholes have been relogged by Titan, with logging suggesting that the ‘higher grade’ mineralisation is associated with a dioritic (inter-mineral) porphyry intrusion.

The Linderos project is located 20km southwest of the company’s flagship Dynasty Gold Project and is comprised of four contiguous concessions totalling over 143km-square located near the Peruvian border in southern Ecuador’s Loja Province.

Images: Titan Minerals Limited
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Written By Adam Orlando
Mining.com.au Editor-in-Chief Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.