Titan Minerals Intersects High-Grade Gold Mineralization at Ecuador Project; Shares Up 16%

MT Newswires Live08-20 11:32

Titan Minerals (ASX:TTM) intersected high-grade gold mineralization outside the current resource at the Cerro Verde prospect of its Dynasty Gold Project in southern Ecuador as part of a 10,000-meter resource definition drilling program, according to a Thursday Australian bourse filing.

The results were up to 33.5 meters at 6.6 grams per tonne gold and 55.5 grams per tonne silver from 236.7 meters.

The northwest-trending zone of shear and vein-hosted mineralization was intersected outside the current resource, the filing added.

Multiple high-conviction resource growth targets have been identified at Cerro Verde to be tested by extensional drilling in 2026, with results expected to be incorporated into the Dynasty resource update in early 2027, per the filing.

The company's shares rose past 16% in recent Thursday trade.

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