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An update from Titan Minerals Ltd ( (AU:TTM) ) is now available.
Titan Minerals has reported a substantial upgrade to the Mineral Resource Estimate at its Dynasty Gold Project in Ecuador, lifting total resources to 65.6 million tonnes at 1.85 grams per tonne gold and 12.38 grams per tonne silver, for 3.9 million ounces of gold and 26.1 million ounces of silver. The increase is driven by expansion drilling at the Cerro Verde deposit, which now accounts for 2.7 million ounces of gold and 16.15 million ounces of silver, and positions the project to advance into scoping studies while offering potential for a low-cost oxide start-up and further resource growth through ongoing drilling.
The most recent analyst rating on (AU:TTM) stock is a Buy with a A$1.95 price target. To see the full list of analyst forecasts on Titan Minerals Ltd stock, see the AU:TTM Stock Forecast page.
More about Titan Minerals Ltd
Titan Minerals Ltd is an Australian-listed mineral exploration and development company focused on precious metals projects. Its flagship asset is the 100%-owned Dynasty Gold Project in Ecuador, where it is advancing multiple epithermal and porphyry-hosted gold-silver deposits with potential for both open-pit and underground mining development.
Average Trading Volume: 1,388,540
Technical Sentiment Signal: Buy
Current Market Cap: A$276M
For a thorough assessment of TTM stock, go to TipRanks’ Stock Analysis page.