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Titan Minerals Ltd.
Summary
| Project: | Dynasty | |
|---|---|---|
| Deposit: | Dynasty | |
| Location: | Ecuador | |
| Commodities: | Gold | |
| Date: | 7/14/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-7-2020: Titan Minerals Ltd. announces an Exploration/Drilling Update report for its Dynasty deposit at the Dynasty project. Drilling results incl. 23.6m @ 4.01g/t Au from 107.9m. Titan Minerals Limited (ASX: TTM) (“Titan” or the “Company”) is pleased t | |
| Resources: | (Resources, I+I): 14.4Mt @ 4.53g/t Au, 36g/t Ag (2.1Moz Au, 16.8Moz Ag) | |
| CP/QP: | [Overall Report] Travis Schwertfeger (Internal) | |
| ABSTRACT: | Titan Minerals Limited (ASX: TTM) (“Titan” or the “Company”) is pleased to report assay results for the recently completed diamond drilling program at the Dynasty Gold Project. These results further support an emerging largescale gold system and extend known mineralisation that remains open in multiple directions. The assay results reported show that deeper intercepts return higher grades over broader mineralised intercepts for the quartz veins, the subject of current results and modelled in the foreign resource estimate, which is based on selective core sampling of predominantly vein material only. Material outside the veins was not sampled for most reported intercepts in original sampling, and therefore, had no impact on the foreign resource estimate. The reported results show the presence of high grade mineralisation on strike extensions and up to 300m vertically below high grade veins recently mined in open pits and are located 120m down-dip of original vein intercepts. Further drilling is required to assess the continuity of mineralisation confirmed at depth. | |
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