Courtesy of AZO Mining
08.05.2025
Titan Minerals Limited has confirmed the presence of a significant, large-scale porphyry copper system at its Linderos Copper Project in southern Ecuador, following the release of results from the first four drill holes completed by Joint Venture partner Hanrine.
Drilling at the Copper Ridge prospect has defined mineralization across a strike extent of 1 kilometer and to a vertical depth of 1 kilometer—doubling the previously drill-defined footprint. Standout intercepts include:
- 398 m @ 0.24% Cu Eq from 420 m, including 178 m @ 0.30% Cu Eq from 453.5 m in DHCR-01.
- 735 m @ 0.23% Cu Eq from 385 m, including 131 m @ 0.29% Cu Eq from 385 m & including 51 m @ 0.37% Cu Eq from 622.8 m in DHCR-02.
- 367 m @ 0.24% Cu Eq from 246 m in DHCR-04.
Hanrine, a subsidiary of Hancock Prospecting, is funding and operating the 10,000m diamond drilling campaign as part of its second earn-in milestone, which will increase its stake in the project to 30%.
Titan CEO Melanie Leighton said:
“We are very pleased to share the first round of encouraging results from drilling completed by Hanrine at our Linderos JV Project. The results have confirmed our belief that the Copper Ridge porphyry system is of significant scale, with drilling testing porphyry mineralization over 1 km of strike and down to 1 km depth, doubling the previous drill defined porphyry footprint, remaining open in all directions.”
“We are very happy to be partnered with Hanrine, who have proven their dedication to expediting their exploration drilling at Linderos, and their ability to deliver meaningful results. Together, we look forward to delivering further results, the completion of Earn-in Milestone 2 and the commencement of Milestone 3, as we work toward unveiling the true potential of the Linderos Copper Project.”
Drilling is ongoing with further assay results expected in the coming months. Mineralization remains open in multiple directions, including under the Meseta epithermal gold prospect, where limited historical drilling has only reached 150 m depth.
Hanrine is expected to initiate the third earn-in milestone (15,000 m of diamond drilling or US$12 million expenditure) in Q3 2025, which would see its total interest in Linderos increase to 51%.
The Linderos Project is located 20 km southwest of the Company’s flagship Dynasty Gold Project and is comprised of four contiguous concessions totalling an area of 143 km2 located near the Peruvian border in southern Ecuador’s Loja Province.
Located in a major flexure of the Andean Terrane, the Linderos Project is situated within a corridor of mineralization extending from Peru through northern Ecuador that is associated with Palaeocene to late Miocene aged intrusions.
The majority of porphyry copper and epithermal gold deposits in southern Ecuador are associated with magmatism in this age range, with a number of these younger intrusions located along the margin of the extensive Cretaceous aged Tangula Batholith forming a favourable structural and metallogenic corridor for intrusion activity where Titan Minerals holds a significant land position in southern Ecuador.
