Titan Minerals Limited (“Titan”) is pleased to announce further high-grade gold discoveries at its flagship Dynasty Gold Project in Southern Ecuador. The Company’s ongoing exploration efforts have delivered impressive results at the Tomahawk target that was identified recently, as well as further significant results from the Iguana extensional areas.
Highlights:
- Further High-Grade Gold at Tomahawk: The trenching program at the Tomahawk target, a newly identified target from earlier in the year, has returned 5 m @ 5.0 g/t Au & 20.6 g/t Ag, including 2 m @ 11.2 g/t Au & 33.0 g/t Ag. This is the first trenching completed at Tomahawk, and the results are demonstrative of the potential in the area that was previously untested.
- Significant Results at Iguana South: Trenching at Iguana South returned 3 m @ 21.4 g/t Au & 14.1 g/t Ag, confirming a discovery of a +400 m high-grade vein, which remains open alongstrike.
- Further Results at Iguana East: A new Iguana East vein system produced 1.8 m @ 4.5 g/t Au & 10.6 g/t Ag, extending mineralization beyond the Inferred Mineral Resource area.
- Larger Mineralization Footprint: These latest discoveries have expanded the known gold-silver mineralization footprint at Dynasty to 9 km x 2 km, far larger than the previously defined 5.5 km x 1 km zone.
Melanie Leighton, CEO of Titan Minerals, commented: “It’s exciting that our exploration efforts are being rewarded with high-grade gold results from trench in several of our newly identified exploration targets at the Dynasty Gold Project. This latest result of 5 m @ 5.0 g/t Au returned from Tomahawk, along with the recent result of 3 m @ 21.4 g/t Au at Iguana south has proven the fertility of Dynasty over a 9 km x 2 km area. We now know that the mineral system encompasses a much larger area than the current 3.1 Moz gold & 22 Moz silver Mineral Resource.”
“The revelation of a much larger mineral system bodes extremely well for us, feeding into our Dynasty resource growth strategy. We are expediting the development of further trenches over priority target areas, with a view to test many of these exploration targets in the upcoming ~ 10,000 m drilling campaign.”
“We look forward to delivering a steady flow of trench results over new targets in the coming weeks, and more excitingly we also look forward to delivering results from resource and exploration drilling programs over the coming months, as we work towards a Dynasty resource update in mid-2025”