Titan Minerals Discovers Shear-Hosted Gold and Silver at Dynasty
Titan Minerals has intersected an extensive zone of shear and vein-hosted gold and silver mineralisation outside the current resource at the Cerro Verde prospect within the Dynasty Gold Project in southern Ecuador.
Diamond drillhole CVDD26-199 returned a significant intercept of 33.5 metres at 6.6 g/t gold and 55.5 g/t silver from 236.7 metres downhole within the Brecha-Comanche target. The high-grade intersection is associated with a shear zone inside a broad northwest-trending structural corridor measuring approximately 1.6 kilometres by 800 metres.
Titan states that because the shear zone trends sub-parallel to most historical drilling at Brecha-Comanche, this style of mineralisation was largely missed by previous campaigns. The shear structures are interpreted to act as a more pervasive conduit for mineralising fluids compared to typical vein-hosted mineralisation at Cerro Verde, creating a highly permeable environment for higher-grade gold and silver accumulation.
The Dynasty Gold Project is hosted to a previously published Mineral Resource estimate of 43.54 million tonnes at 2.23 g/t gold and 15.7 g/t silver for 3.12 million ounces of gold and 21.98 million ounces of silver. Titan plans to commence drilling in the coming fortnight to define repetitions and lateral extensions to shear-hosted mineralisation at the Cerro Verde prospect, with results expected to be incorporated into an updated Mineral Resource Estimate for the Dynasty Gold Project in early 2027.
“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.”
— Melanie Leighton, Chief Executive Officer
Titan's ongoing exploration program aims to test multiple high-conviction targets across the property as it advances both drilling and scoping study workstreams.
Read the full announcement: Discovery of Shear Hosted Gold at Dynasty