Significant Increases in Gold and Silver Inventories

MELBOURNE — Titan Minerals Limited has announced a significant increase in resources at its Dynasty Gold Project in southern Ecuador, boosting the project’s gold inventory to 3.9 million ounces and silver inventory to 26.1 million ounces. This marks a 25% rise in gold and a 19% increase in silver resources compared to previous estimates, according to the company.

The updated Mineral Resource Estimate (MRE) now stands at 65.6 million tonnes at 1.85 grams per tonne gold and 12.38 grams per tonne silver. This growth is primarily attributed to successful drilling at the Cerro Verde deposit, which has seen substantial resource expansion and infill drilling, Titan Minerals confirmed.

Drilling Success and Future Plans

CEO Melanie Leighton remarked on the achievement, highlighting the addition of approximately 22,400 metres of resource drilling at Cerro Verde, which has confirmed strong continuity of mineralisation. “The MRE update comes after 12 months of targeted resource expansion drilling, implying that around 30 ounces have been added per drill metre,” Leighton said.

The company’s future plans include a 30,000-metre drilling campaign to further expand resources and upgrade confidence categories. The Dynasty system remains open laterally and at depth, supporting potential for further resource growth.

This announcement from Titan Minerals comes amidst increasing interest in Ecuador’s rapidly growing mining sector, which has seen several companies investing in exploration and development projects in the region. The strategic location of the Dynasty Gold Project, along with its significant resource potential, makes it a key focus for Titan Minerals as they aim to solidify their presence in the industry. The company is also looking to enhance its environmental and social governance practices to align with global standards, ensuring sustainable development in the area.

Titan Minerals is exploring potential partnerships with local communities and stakeholders to foster a supportive environment for the project’s growth. This collaborative approach is expected to facilitate smoother operations and long-term success. As the mining sector in Ecuador continues to evolve, Titan Minerals remains committed to contributing positively to the local economy and setting benchmarks for responsible mining practices.

Source: newshub.medianet.com.au

Last updated: 1 April 2026, 10:31 am