Titan Minerals Ltd (AU:TTM) has released an update.
Titan Minerals Ltd announced a significant joint venture deal with Hanrine, which will invest up to $120 million to acquire an 80% interest in the Linderos Copper Project. The company’s exploration efforts at the Dynasty Gold Project have also revealed continuous gold mineralization along a 9-kilometer corridor, suggesting a substantial potential to grow the current gold and silver resource base. Additionally, Titan completed a share consolidation and ended the quarter with a robust cash position.
For further insights into AU:TTM stock, check out TipRanks’ Stock Analysis page.