Titan Minerals Limited (Titan or the Company) (ASX:TTM) is pleased to provide a summary of its activities for the three month period ending 30 September 2022. The Company has made significant advances on exploration work programs at its Dynasty and Linderos Projects in Southern Ecuador.
Key Highlights- Strong relationships forged with key stakeholders, and all necessary approvals and permits secured, enabling Titan’s first drilling at the Linderos Project
- Maiden drilling campaigns commenced at Copper Ridge Porphyry and Meseta Gold prospects at the Linderos Project
- Fourteen diamond holes for 1,270m completed at Meseta Gold prospect, with multiple high-sulphidation pyrite-sphallerite-arsenopyrite±galena, massive sulphide veins intersected
- Four diamond holes for 1,985m completed at Copper Ridge Porphyry prospect, with significant wide intervals of mineralised porphyry intersected from shallow depths
- Significant stockwork veining, and disseminated and vein hosted chalcopyrite- molybdenite-pyrite±pyrrhotite mineralisation observed in all diamond holes completed at Copper Ridge Porphyry prospect
- Cash on hand and receivables from the sale of assets total US$6.8m (AU$10.6M).
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