(NewsDirect)
Titan Minerals Ltd(ASX:TTM) CEO Melanie Leighton tells Proactive the company hasidentified a 2-kilometre-long IP chargeability anomaly that indicatesthe Copper Ridge porphyry and Meseta epithermal gold prospects arepart of the same system. The data also indicates that additionalporphyry mineralisation may sit just below the Mesata prospect,offering further prospectivity for the Linderos Copper-Gold Project inEcuador. TTM intends to drill-test the lateral and depth extensions ofCopper Ridge in the next phase of drilling at the project, while alsoinvestigating the potential for porphyry mineralisation belowMeseta.
“Results of the Linderos Project IP survey have confirmed ourhypothesis that the Copper Ridge porphyry and Meseta epithermal goldmineral systems are intimately associated,” Leighton said.
“A 2-kilometrechargeability anomaly has highlighted phyllic alteration/ sulphidemineralisation associated with a porphyry system to extend from CopperRidge, all the way to the Meseta epithermal gold system in thenorth.
“This isa very exciting development for Titan, implying a much larger porphyrysystem than previously recognised by surface mapping, geochemistry,and drilling to date.
“The company looks forward to drill testing the newly definedlarger porphyry system in early 2024.”
ContactDetails
Proactive Investors
JonathanJackson
+61 413 713 744
jonathan@proactiveinvestors.com
Copyright (c) 2023 TheNewswire - All rights reserved.