Promising gold intercepts at Meseta

Earlier this morning our junior exploration Investment Titan Minerals (ASX: TTM) delivered promising assay results from its maiden campaign at the Meseta gold prospect in Southern Ecuador.

Highlights from the maiden 14-hole, 1,270 metres diamond drilling campaign included intercepts of:

• 7.22m grading 13.77g/t Au (gold)
• 4.88m grading 12.87g/t Au
• 4.64m grading 5.00g/t Au
• 5.76m grading 3.72g/t Au

Meseta resides next to the recently discovered Copper Ridge porphyry system - both within TTM’s fully-owned Linderos Project, and 20km from TTM’s Dynasty gold project.

Today’s results confirm the potential for significant high grade gold (and other metals including silver, copper and zinc) within Meseta, whilst linking the Meseta epithermal system to the causal intrusion responsible for the Copper Ridge system.

This matters as both prospects provide plenty of opportunity for extending mineralisation within higher grade zones. With TTM now possessing a clearer picture of the geological workings determining both systems, this hopefully will lead to high conviction drill targets for the next campaigns.

What’s next?

TTM will utilise 3D modelling to help vector new drill targets at Copper Ridge and likely Meseta as well. There is also talk of a possible IP survey to run, to help discern these next targets. In any case, we’d assume the next drilling programs will be in 2H23.

We also are keen for an update on the Dynasty project, which hosts a 2.1Moz non-JORC gold resource.