Announcement Date: 2022-02-28
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Titan Minerals Ltd.
Project name: Dynasty
Location: Ecuador
Commodities: Gold,Silver
Highlight: Drilling results incl. 11.1m @ 4.93g/t Au, 30.7g/t Ag from 67.9m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Titan is pleased to advise that it has received assays for a further 30 diamond holes and 5 trenches from the Cerro Verde prospect within its Dynasty Gold Project in Southern Ecuador. The 2021 phase of Diamond drilling at the Cerro Verde Target was completed on December 18th. A total of 100 drill holes were completed comprising 20,757 meters of diamond core. Assay results are outstanding from a remaining 13 holes. Titan’s management team are reviewing and assessing all historic and new data with modern layered geological tools to build a robust revised model for the Cerro Verde prospects. Titan Minerals Managing Director, Laurie Marsland said: “We are pleased that this current phase of drilling has confirmed and expanded the known mineralisation at Cerro Verde Prospect within the overall Dynasty Project. The results received so far gives us great confidence that previous estimates and projections of veins at Cerro Verde are correct, if not conservative and our focus is turning to understanding the ultimate size and magnitude of the Project.
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