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Titan Minerals Restarts Drilling at Ecuador Gold Project

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Titan Minerals (ASX:TTM) restarted resource drilling at its Dynasty gold project in Ecuador, with three diamond rigs in operation at the site, according to a Wednesday filing with the Australian bourse.

Results from the first holes are expected in the coming four to six weeks, and surface trenching at the Cerro Verde prospect has confirmed resource strike extensions, per the filing.

The latest results include 6.1 meters at 5.1 grams per tonne grade of gold and 3.9 grams per tonne grade of silver; 3.7 meters at 3.8 grams per tonne grade of gold and 6.1 grams per tonne grade of silver; and 3.5 meters at 3.9 grams per tonne grade of gold and 21.9 grams per tonne grade of silver, among other areas of mineralization.

Scoping studies at Dynasty are advancing well, with an independent mine consulting group performing pit optimization and engineering studies, Titan Minerals said.

The company's shares were up nearly 1% in recent Wednesday trade.

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