Titan defining intriguing targets at Copper Duke ahead of drilling
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Special Report: Titan is gearing up for drilling at its Copper Duke project in Ecuador with sampling and surveying highlighting big extensions of known copper anomalism.
Channel sampling has identified several large scale porphyry systems from extensive mineralised quartz veining in several areas across the project.
The most notable results of 11.2m at 0.98 per cent copper and 4.05m at 16.4 grams per tonne (g/t) gold are located on a newly identified structural zone northwest of the El Huato prospect, a major copper-gold porphyry complex.
Adding interest, Titan Minerals (ASX:TTM) notes that additional exploration targets have been identified through the discovery of new high-grade quartz veins with the density of veining in some areas providing the potential for high-grade gold mineralisation targets within the porphyry field.
It added that results from the aerial geophysical survey have also been received for Copper Duke and are being analysed with the soil sampling, making the first time that geochemical and geology datasets for the project are being systemically integrated into a single database.
Planning for a drill program at Copper Duke is underway and is expected to begin in the second quarter of 2021 around historical UN drillholes with intersections of 33.1m grading 2.5g/t gold, 154 parts per million copper and 2.4ppm molybdenum from a depth of just 9m and 45.4m at 1.9g/t gold, 168ppm copper and 3ppm molbydenum from surface.
Copper Duke is an early stage porphyry copper-gold/epithermal gold project just 18km east of its flagship Dynasty gold project.
The first modern exploration within Copper Duke was part of a United Nations survey in 1968 that returned the two intriguing results reported earlier.
Despite this, little or no exploration appears to have been carried out since that time to 1999.
Subsequent exploration from the early 2000s by Iamgold Corp and Core Gold included overlapping soil surveys covering just 14 per cent of the project area, highlighting the underexplored nature of the project.
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.