Titan Minerals (ASX:TTM) has intersected a 33.5m zone grading 6.60 grams per tonne (g/t) gold (Au) and 55.50g/t silver (Ag) from 236.7m at its Dynasty Gold Project in Ecuador.
The intercept was delivered in diamond drillhole CVDD26-199 at the Cerro Verde prospect and includes a 4.5m interval grading 39.50g/t Au and 362.0g/t Ag from 244.1m.
According to Titan, the mineralisation occurs within a northwest-trending structural corridor measuring 1.6km by 800m at the Brecha-Comanche target. Because the shear zone runs sub-parallel to most historic drillholes, this style of mineralisation was previously overlooked.
CEO Melanie Leighton says the discovery represents a ‘breakthrough’.
“Our technical team are highly encouraged by these latest results, which have provided a breakthrough in our understanding of the major mineralisation pathways and controls at Dynasty,” Leighton says.
“The discovery of this new style of shear-hosted mineralisation is significant, with further drilling now planned to target repetitions and extensions to hosted mineralisation in the northwest structural corridor.”
Titan has designed additional drillholes oriented perpendicular to the structures to test for repetitions and lateral extensions. Drilling is expected to begin within the next fortnight following platform preparation.
The company notes the shear-hosted mineralisation is more pervasive than typical vein-hosted systems at Cerro Verde, acting as a structural conduit that focuses ‘high-grade’ gold and silver fluids.
Extensional drilling also intends to test several additional targets this year, including the Brecha-Comanche waste dump, Kaliman porphyry extensions, and structural intersection points.
Additionally, a 10,000m resource drilling program is underway and may be expanded. Titan says an RC rig is scheduled to arrive in early October 2026 to improve operational efficiency and lower costs, with findings to be incorporated into an updated mineral resource estimate (MRE) in early 2027.
Finally, the Dynasty Scoping Study is advancing toward delivery in late 2026. The project holds a current MRE of 65.55 million tonnes at 1.85g/t Au and 12.38g/t Ag for 3.90 million ounces (Moz) of Au and 26.10Moz Ag across four deposits.
Titan Minerals is a gold and copper explorer and developer focusing on precious and base metal deposits within the southern Andean copper-gold belt in Ecuador.
Write to Paula Fabe at Mining.com.au
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