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Finance Investment, Oil Mining Resources

Dynasty discovery delights Titan Minerals (ASX:TTM) with drill rig hitting 33.5m at 6.6g/t gold

JMM 2 mins read
Key Facts:
  • Diamond drilling has discovered a new zone of shear-hosted gold-silver mineralisation at the Cerro Verde prospect, part of the 100%-owned Dynasty Gold Project in southern Ecuador.
  • Standout intercept of 33.5m @ 6.6 g/t Au and 55.5 g/t Ag from 236.7m in hole CVDD26-199, returned outside the current resource at the Brecha-Comanche target.
  • The mineralisation sits within a northwest-trending structural corridor spanning roughly 1.6 kilometres by 800 metres, which the company believes was missed by earlier drilling due to hole orientation.
  • Follow-up drilling targeting repetitions and lateral extensions is set to begin within a fortnight, with results feeding into a Dynasty resource update expected in early 2027.

20 August 2026 – Subiaco, WA | Titan Minerals (ASX: TTM) unveils major new gold discovery at Dynasty's Cerro Verde prospect.

Titan Minerals has identified a new style of gold-silver mineralisation at its Dynasty Gold Project in Ecuador, with diamond drilling returning a high-grade intercept of 33.5m at 6.6 g/t gold and 55.5 g/t silver from 236.7m downhole.

The discovery, at the Brecha-Comanche target within the Cerro Verde prospect, lies outside the existing resource and is associated with a shear zone within a broader northwest-trending structural corridor. Titan says this orientation was likely missed by previous drilling, which ran sub-parallel to the newly identified structures.

Titan has designed additional drilling to test repetitions and extensions within the corridor, commencing within a fortnight. Results will feed into a Mineral Resource Estimate update targeted for early 2027, as the company continues its 10,000m resource definition program.

Titan chief executive Melanie Leighton says:

“Our technical team are highly encouraged by these latest results, which have provided a breakthrough in our understanding of the major mineralisation pathways and controls at Dynasty. The discovery of this new style of shear hosted mineralisation is significant, with further drilling now planned to target repetitions and extensions to hosted mineralisation in the northwest structural corridor. Any additional mineralisation discovered in this area has the potential to materially enhance the resource.

"Given the orientation of this new mineralisation, we are only just beginning to understand its importance and potential. Drilling to date has likely missed this shear hosted mineralisation because previous holes were primarily drilled in a similar orientation to these structures. These latest results add further weight to the theory that the more we drill at Dynasty, the more mineralisation we will continue to discover!”


About us:

About the Dynasty Gold project: The Dynasty Gold Project is an advanced exploration-early resource stage project comprising five contiguous concessions and is 139km2 in area. Three of these concessions received Environmental Authorisation in 2016 and are fully permitted for all exploration and small-scale mining activities. Exploration work at the Dynasty Gold Project has outlined an extensive zone of epithermal veining over a ninekilometre strike. There is also considerable potential for porphyry copper mineralisation as identified by surface mapping, trenching, and drilling at the Kaliman prospect and by surface geochemistry and mapping at the Cola and Gisell prospects.


Contact details:

Melanie Leighton

 Chief Executive Officer

E: [email protected] 

Ph: +61 8 6555 2950 

Jane Morgan 

Investor & Media Relations 

E: [email protected] 

Ph: + 61 405 555 618

 

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