Posted in | News | Gold | Silver | Mining Business

Titan Minerals’ Dynasty Gold Project – Exploration and Drilling Update

Titan Minerals Limited ("Titan") is pleased to provide an update on its ongoing exploration and drilling activities at the Dynasty Gold Project in Ecuador. The Company has made significant progress in its 10,000 m diamond drilling efforts, targeting resource growth and conversion in the exploration project as it reaches an advanced stage.

Key Highlights:

  • Progress in Diamond Drilling Campaign:
    • Completed 20 diamond drill holes totaling 4,600 m at the end of 2024, as part of the 10,000 m campaign organized last year.
    • Drilling focused on the Cerro Verde and Iguana/Iguana East prospects, with all drill core logs and samples submitted to for laboratory analysis.
    • Assay results are expected in the coming weeks from ALS Global laboratory, which have faced delays due to high sample volumes, as well as the Christmas and New Year period.
  • Upcoming Trenching and Drilling:
    • Surface trenching results are anticipated to inform further shallow drill programs in highly prospective areas outside the current resource zones.
    • Exploration and operational activities resumed on 6th January 2025, with drilling to recommence on 20th January following receipt and review of pending assay results.
  • Optimized Drilling Program:
    • The current pause in drilling activities allows the team to incorporate assay results and refine the remaining portion of the 10,000 m campaign for the best resource growth efficiency.

About the Dynasty Gold Project:

  • Spanning five contiguous concessions over 139 km2, the Dynasty Gold Project hosts a large epithermal vein system with a strike length of over 9 km and with widths of up to 2 km.
  • The current Mineral Resource Estimate (as of July 2023) stands at: 
    • 3.1 Moz gold and 22 Moz silver at a cut-off grade of 0.5 g/t Au.
  • To date, exploration has identified further potential for porphyry copper mineralization at the Kaliman, Cola, and the Gisell prospects.

Next Steps:

  • Release pending assay results as they become available.
  • Resume drilling with three rigs on 20 January 2025, focusing on expanding and upgrading resources in priority areas.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.