Titan’s channel sampling at its Linderos project in southern Ecuador continues to show excellent copper and coincident molybdenum results at the Copper Ridge porphyry target.

This work has highlighted a classic zoned doughnut shaped anomaly about 750m in diameter with a central core of copper, molybdenum, and tungsten ringed by an outer halo of selenium, tellurium and bismuth.

Notable results from the sampling include 46m grading 0.24% copper and 9.71 parts per million molybdenum (CRC040), 32m at 0.21% copper and 3.91ppm molybdenum (CRC051), and 26m at 0.22% copper and 9.76ppm molybdenum (CRC037).

Over at the nearby Meseta gold prospect, Titan Minerals’ (ASX:TTM) channel and rock chip sampling has returned high-grade results in what appears to be a significant, high-sulphidation epithermal gold system.

Notable results are 4.5m at 12.69g/t gold and 3.48g/t silver (MGC22-025) and 10m at 5.46g/t gold and 261.96g/t silver (MGC22-019).

Meanwhile, preliminary exploration work at the Capa Rosa and Loma Alta prospects has returned highly encouraging gold and silver results from rock chips taken from outcropping epithermal veins.

This returned results of up to 16.05g/t gold, 197g/t silver and 0.315% copper.

Results point to Linderos potential

While exploration is still at an early stage, the encouraging results received to date at Linderos have been combined with robust geological datasets to highlight several compelling gold and copper-molybdenum targets that warrant further work.

The company noted that the higher-grade gold values at Meseta are associated with massive-sulphide polymetallic veins while extensive haloes of lower grade gold intersected in most drilling and channel sampling conducted to date is consistently related with free gold occurring in the intensely altered wallrock hosting extensive quartz veins of varying intensity.

Titan adds that the interpreted overlap of metal deposition at the interface of the overlapping Meseta gold and Copper Ridge porphyry targets has a potential economic impact on development of a larger mineralised system.

These define the potential for the discovery of higher-grade copper-molybdenum mineralisation at depth beneath both the Copper Ridge and Meseta Gold areas.

Next steps

Preparations are well underway for initial drilling to test the potential of these high-priority targets.

This includes a five-hole diamond drilling program – each drilled to a depth of 500m to test the copper-molybdenum porphyry system at Copper Ridge.

It will seek to intersect the earlier, better mineralised porphyry, which has been observed in historical drill core as xenoliths in inter-mineral mineralised porphyries




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.