CEO appointment ahead of Copper Ridge results

This morning, our Ecuadorian gold and copper Investment Titan Minerals (ASX:TTM) appointed highly experienced mining and resource sector executive Melanie Leighton to spearhead the team as the new Chief Executive Officer.

Melanie brings a wealth of experience (some two decades as a geologist across multiple commodities, deposits and jurisdictions) including key management roles with notable resource companies including Hot Chili Limited, Harmony Gold, Hill 50 Gold and Northwest Resources.

We like that Melanie’s expertise line up well with TTM being in the exploration (both discovery and resource definition) and development phase. Given the presence of Australian mining icon Peter Cook as Chairman, and ex-Newmont/ Goldcorp senior geo Michael Skead as COO/ Country Manager, we believe that TTM boasts one of the more impressive management teams that we’ve seen in the junior space.

First up for the new CEO is delivering the results for the exciting Copper Ridge copper porphyry prospect at TTM’s Linderos project. With very promising results from the first two assays - we covered this in December 2022 in TTM honing in on potential copper-gold porphyry discovery - we’re very keen to see what the remaining six assays reveal, likely next month.

What’s next?

Besides the assays for Copper Ridge, we expect results from drilling at the Meseta gold prospect, also part of the Linderos project.

We also anticipate an update shortly for the flagship Dynasty project, located 20km down the road from Linderos. For the better part of the past two years, TTM (as well as the market) has primarily focused on converting Dynasty’s ~2.1 million ounce gold, 16.8m ounce silver foreign resource estimate into JORC status.

We should also receive further clarity in terms of funding all of TTM’s drilling campaigns with an update on the Arkham transaction later this quarter.

Readers can follow the company’s advancements here via our TTM Progress Tracker.