Titan discovers shear zone-hosted gold mineralization in Ecuador, with gold grade of 6.6 g/t

en.Wedoany.com Reported - Titan Minerals (ASX:TTM) has intersected a 33.5-meter mineralized zone with gold grade of 6.60 g/t and silver grade of 55.50 g/t starting at a depth of 236.7 meters during drilling at the Dynasty Gold Project in Ecuador. The intersection, from diamond drill hole CVDD26-199 at the Cerro Verde target, includes a 4.5-meter interval starting at 244.1 meters with gold grade of 39.50 g/t and silver grade of 362.0 g/t.

The mineralization is hosted within a northwest-trending structural corridor at the Brecha-Comanche target, measuring 1.6 kilometers in length and 800 meters in width. The company stated that this type of mineralization was not identified in previous exploration due to the shear zone orientation being nearly parallel to most historical drill holes.

Titan Minerals CEO Melanie Leighton stated that this discovery deepens the team's understanding of the main mineralized corridors and controlling factors at the Dynasty Project. She noted that the newly identified shear zone-hosted mineralization is significant, and the company plans to conduct further drilling to trace repetitions and extensions of mineralization within the northwest structural corridor.

The company noted that shear zone-hosted mineralization is more prevalent across the project area than the typical vein-style mineralization at Cerro Verde, serving as structural conduits that focus high-grade gold and silver fluids. Titan has designed drill holes perpendicular to the structural trend to test for mineralized repetitions and lateral extensions within the corridor, with drilling expected to commence within two weeks of pad preparation.

Beyond this target, extensional drilling is planned to cover multiple targets within the year, including the Brecha-Comanche waste dump, the Kaliman porphyry extension, and structural intersections. Meanwhile, a 10,000-meter resource drilling program is underway with potential for expansion, and a reverse circulation (RC) drill rig is expected to arrive on site in early October 2026 to improve operational efficiency and reduce costs. Drill results will be incorporated into an updated Mineral Resource Estimate (MRE) expected in early 2027.

A Scoping Study for the Dynasty Project is also progressing, with delivery expected by the end of 2026. The project currently holds a Mineral Resource Estimate (MRE) of 65.55 million tonnes at 1.85 g/t gold and 12.38 g/t silver, containing 3.9 million ounces of gold and 26.1 million ounces of silver across four deposits. Titan Minerals is a gold and copper exploration and development company focused on the Andean copper-gold belt in southern Ecuador.