Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Titan Minerals Ltd (ASX:TTM, OTC:TTTNF).
The company has launched a diamond drilling campaign at the Dynasty Gold Project in southern Ecuador, focused on resource expansion and exploration of new zones. This campaign includes up to 10,000 metres of drilling aimed at upgrading inferred resources to the indicated category.
A recent trench result at the Iguana South prospect revealed high-grade intercepts, including 3 metres at 21.4 g/t gold and 14.1 g/t silver, which will be further examined in this drilling phase.
Titan’s exploration has confirmed a mineralised area of 9 x 2 kilometres within Dynasty, expanding the project’s potential.
New exploration targets have been identified using soil geochemistry and trenching, with ongoing drilling uncovering previously unmapped veins.
Concurrently, Titan is preparing a 10,000-metre drilling program at the nearby Linderos Copper Project.
This program will be funded by Hanrine, a Hancock Prospecting subsidiary, which can earn an 80% stake by investing up to US$120 million.
The company aims to provide regular updates from the drilling and trenching activities over the coming months, with an expanded resource update anticipated by mid-2025.
#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
