Titan builds exploration muscle as veteran geologist joins the board
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Titan Minerals (ASX:TTM) has appointed veteran geologist Michael Skead as its executive vice president for exploration to advance its Dynasty gold project in Ecuador.
Skead has more than 30 years of international experience in mining exploration and development.
He was most recently the vice president of project development at GT Gold Corp prior to its C$393m ($426.1m) acquisition by Newmont Corporation.
During his tenure at GT Gold, Skead delivered the geological model and resource for the gold rich copper porphyry Saddle North Project with 1.81 billion pounds of copper and 3.47 million ounces of gold in the higher confidence indicated category and a further 2.98 billion pounds of copper and 5.46Moz of gold in the inferred category.
Prior to his role at GT Gold, he was director of geoscience at Newmont and also held senior management positions in a number of internationally recognised mining companies such as Goldcorp, Randgold Resources and Dundee Precious Metals.
The Dynasty project consists of five concessions totalling 139sqkm in Ecuador’s Loja Province.
Current drilling and sampling is aimed at delivering a JORC resource in the fourth quarter of 2021.
Recent channel sampling at the Cerro Verde prospect returned results such as 11.52m at 3.32 grams per tonne (g/t) gold and 10.56m at 4.14g/t gold.
Drilling is also continuing with four diamond rigs on site.
This article was developed in collaboration with Titan Minerals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.