Titan Minerals Limited (Titan or the Company) (ASX:TTM) is pleased to announce the appointment of highly experienced mining and resource sector executive Melanie Leighton as the Company's new Chief Executive Officer.

Mrs Leighton is a geologist with over 20 years’ experience in the resource sector, spanning multiple commodities, deposits and jurisdictions. She is a founding director of Leighton Geoservices Pty Ltd, a consulting firm providing corporate and geological services to the mineral resources sector with the mantra of bridging the gap between technical, corporate and investors. Ms Leighton has held senior management and geological roles with Hot Chili Limited, Harmony Gold, Hill 50 Gold and Northwest Resources, gaining practical and management experience within the areas of exploration, mining, resource development, stakeholder engagement and investor relations.

Melanie currently serves as Non-executive director for Great Boulder Resources (ASX:GBR) and Industrial Minerals (ASX:IND).

Titan’s Chairman, Mr Peter Cook commented:

"We are delighted that Melanie has accepted the role as CEO. Melanie has worked closely with our technical and corporate teams over the past 6 months and brings a wealth of relevant experience in this sector. Melanie is armed with the skills and background to assist Titan in navigating the next phase of exploration and development of its projects in southern Ecuador.”

“Our interim CEO, Matthew Carr has done an excellent job over the past 9 months restructuring and refocussing our Ecuadorian operations. We have had excellent technical success during 2022 and this is the first of a number of steps required as Titan enters an exciting next phase of growth and value creation for shareholders."

The Company further also advises that Mr Matthew Carr will continue as part-time Executive Director for the ensuing quarter as part of a measured and supportive handover process.

Titan’s new CEO, Melanie Leighton commented:

“After working in a consulting capacity with Titan Minerals for the past 6 months, I am thrilled and honoured to be stepping into the CEO role and am excited to work closely with the board and technical team to unlock the opportunity at the Company’s large-scale gold-copper projects in Ecuador.”

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