About Us
Projects
ESG
Investor Centre
+2km diameter porphyry copper footprint recognised by geophysics, surface geochemistry, mapping and confirmed by diamond drilling
The Linderos Copper Project is an advanced exploration project, with porphyry copper and high-grade epithermal gold mineralisation confirmed by surface mapping, geochemistry and diamond drilling. Linderos is located 20km west of Dynasty and comprises 4 contiguous concessions for a total area of 143km2, with all concessions fully permitted for exploration and small-scale mining.
Soil geochemistry and geophysical surveys have highlighted the presence of multiple porphyry centres across the project, with evidence for shallow epithermal gold systems also observed in surface mapping and geochemistry. In late 2022 Titan completed a 4,000m diamond drilling campaign at Linderos, successfully confirming broad zones of porphyry copper +/- gold mineralisation from shallow depths.
In September 2024, Titan entered into a JV & Earn-in agreement with Hancock Prospecting subsidiary company, Hanrine, whereby Hanrine can earn up to 80% of the Linderos Project by spending up to US$120M and reaching a decision to mine.
Hanrine wasted no time in getting underway with their expenditure commitment as part of the JV & Earn-in agreement, and as such commenced a two-stage 25,000m diamond drilling campaign at Linderos in November 2024. For further information regarding the JVA refer to Hancock (Hanrine) JV Earn-In Deal
A summary of the latest drilling results is detailed below:
For further information regarding the progress of Hancock’s drilling and significant results, please refer to the following ASX releases:
https://api.investi.com.au/api/announcements/ttm/a1a8f0d7-20b.pdf
https://api.investi.com.au/api/announcements/ttm/ac8b6c51-2c5.pdf
The Copper Ridge Porphyry prospect features surface copper-molybdenum anomalism highlighted by channel and soil sampling completed by Titan. Mapping has confirmed copper-molybdenum mineralisation to be centred on dioritic porphyry intrusions approximately one kilometre in diameter, with these porphyritic intrusions also containing abundant A+B veinlets and copper oxide mineralisation at surface.
Eight diamond holes for 3,702 metres were completed in late 2022 to test the potential scale and grade of porphyry mineralisation at Copper Ridge, with drilling confirming the presence of wide intervals of copper-molybdenum±gold±silver mineralisation from shallow depths to ~500m vertical.
Mineralisation is hosted within a diorite porphyry, with vein hosted and disseminated chalcopyrite-pyrite-pyrrhotite-molybdenite, and secondary biotite plus green-grey sericite and pervasive quartz-alkali feldspar defining an early to transitional potassic alteration.
Importantly, multiple diamond drillholes end in mineralisation, highlighting strong potential for both lateral and depth extensions.
Evidence that Copper Ridge has the potential to host higher-grade copper and gold porphyry mineralisation is supported by intersections including 76m grading 0.5% Cu Eq from 132m in CRDD22-003 and 22m grading 0.5% Cu Eq from 524m in CRDD22-006, returned from Titan’s 2022 drilling campaign.
Further surface mapping and trench sampling is being undertaken to consolidate the understanding of porphyry mineralisation controls at Copper Ridge, and to align surface mapping with logging of recently completed diamond drilling.
An Induced Polarisation (IP) geophysical survey has been completed across the Copper Ridge Porphyry (Copper Ridge), Meseta Gold (Meseta), Capa Rosa and Nueva Esperanza prospects. The resulting 3D IP inversion modelling has unveiled a much larger porphyry system than previously recognised by surface mapping, geochemistry, and drilling. It is evident that the Copper Ridge Porphyry system continues to the north and manifests beneath the Meseta Gold prospect. This is an exciting revelation and confirms the Company’s view that Linderos has the potential to host a much larger porphyry system.
A strong north-northwest trending chargeability anomaly was also identified on the eastern side of Copper Ridge at approximately 350 metres depth. This chargeability anomaly coincides with the end of drillholes CRDD22-003 and CRDD22-006, which both ended in strong copper mineralisation.
To the immediate northeast of Copper Ridge, the Meseta Gold prospect hosts gold mineralisation in steep to sub-vertical structures at the margins of the porphyry stock, associated with strong silicification and oxidation of sulphides.
High-grade epithermal gold mineralisation was identified at Meseta in 2017, when artisanal workings on a break-away slope were sampled. The slope exposes a stockwork of oxidised veinlets capped by transported boulders forming a plateau of perched alluvial sediments. The thin alluvial cap covers mineralisation and alteration in the area forming a geochemically blind target beneath a few metres of transported material.
In 2018, diamond drilling confirmed higher grade gold mineralisation in fresh rock, with all drill holes intersected extensive hydrothermal alteration and localised gold mineralisation.
In late 2022 Titan completed 14 holes for 1,270m of diamond drilling, with drilling designed to test the presence of plunging high-grade ore shoots at interpreted structural intersections. Multiple, massive sulphide (pyrite-sphalerite-arsenopyrite±galena) veins were intersected in 12 of the 14 holes, with pervasive phyllic (quartz-paragonite±pyrite), grading to intermediate argillic (paragonite-illite) alteration observed.
The best intersections were returned from an area that has never previously been drilled:
