Copper Duke Project

Project Overview

The Copper Duke Project is an early stage exploration project located 24km east of Dynasty, 100% held by Titan Minerals. The Project comprises 13 contiguous concessions for a total area of 130km2, with all 13 concessions fully permitted for exploration and small-scale mining.

A large-scale 7km porphyry alteration footprint has been highlighted by magnetics, soil geochemistry (coincident gold-copper-molybdenum, and associated pathfinder elements), trenching and surface mapping.

Multi-phase outcropping targets including epithermal gold, breccia copper, and porphyry copper-gold mineral systems have been identified at the Copper Duke Project, with mapping and trenching uncovering diorite porphyry units exhibiting abundant A+B stockwork and sheeted veins and very strong copper and iron oxide mineralisation from surface.

The Copper Duke Project exhibits structural complexity, indicating multiple phases of mineralisation and a fertile, long-lived mineral system.

Exploration work programs are currently being progressed over several high priority targets which are set to feature in drilling programs in mid-2023.

Regionally, the Copper Duke Project lies at the northern contact of the Tangula batholith, situated adjacent to Cretaceous volcano-sediments. Local geology comprises outcropping diorite and quartz-diorite composed rocks with small alteration zones. Outcropping copper and gold mineralisation is hosted in veins and tectonic breccias and outcropping copper-gold bearing skarns are located at the contact with the Tangula Batholith and Celica Formation. Exploration deposit models being targeted are porphyry copper gold systems, intrusion related gold and gold bearing skarns.

Work to date has confirmed the project to host multiple porphyritic textured intrusions associated with extensive copper-gold anomalism and quartz hosted gold veining outcropping at surface.

The scale, geometry and extent of geophysical anomalism identified at the Copper Duke Project shows resemblance to many major porphyry districts around the world, with magnetic geophysical surveys revealing clusters of intrusion related anomalism over an area greater than 12km2.

Several areas of interest have been identified from geophysics (magnetics and radiometrics), surface geochemistry and regional mapping, with these priority areas the focus for Titan’s exploration work programs, including detailed geological mapping, rock chipand trench sampling, with mapping being completed along roads and streams which provide excellent exposure.

In late 2022 a regional soil sampling program was completed at the El Huato prospect on 200m x 100m spaced grid, with an infill 100m x 50m spaced grid completed in early 2023.

In 2022 generative exploration work programs were largely directed to the El Huato, Lumapamba, Blanquillo and Lundanuma prospects.

Work completed across Copper Duke in 2022 included the collection of 2,290 soil samples, 42 trenches for 1,574 metres and 865 samples, and 32 line kilometres of detailed surface mapping.

Three main areas of interest have been identified from technical work completed in 2022:

1. El Palton, Barbasco North, Barbasco
2. Malachite, Barbasco Guayacan, Huato Camp, Lumapamba Breccia and
3. Lumapamba South.

The high priority target areas will be subject to a ranking and prioritisation exercise, with the highest priority targets to feature in drilling programs planned to commence in mid-2023.