InvestSMART

Titan Minerals Limited (ASX:TTM)

ALERT: Price-sensitive ASX Announcement for TTM
Current share price for TTM : $0.665 0.365 (121.67%)+
Announcement
Release
30 Jul 2025 9:47AM
Price at Release
$0.300
Full Release
download
Summary
Titan Minerals Limited (TTM) released its Quarterly Activities Report and Appendix 5B Cash Flow Report for the quarter ended 31 December 2022. During this quarter, TTM advanced its exploration activities at the Dynasty Gold Project in southern Ecuador, where the company completed significant drilling programs and reported multiple high-grade gold and silver assay results. The company also continued its environmental and community engagement activities, as well as permitting processes necessary for further exploration and potential future development. Operational updates include the completion of geological mapping and soil sampling, alongside plans for further drilling in 2023. The Appendix 5B report outlines the company's cash position, with expenditures related to exploration, staff costs, and administration, while also noting a successful capital raising during the period. The report highlights TTM's strategic focus on asset development, sustainable exploration, and stakeholder engagement in Ecuador.
Key Points
  • Dynasty Gold Project advanced with ongoing drilling and multiple high-grade assay results reported.
  • Environmental, social, and permitting initiatives progressed for project advancement.
  • Geological mapping and soil sampling completed to inform further exploration.
  • Additional drilling planned for 2023 to expand resource understanding.
  • Appendix 5B shows cash flows, including exploration and administrative outflows.
  • Successful capital raising activities strengthened financial position.
  • Focus remains on sustainable asset growth and stakeholder engagement in Ecuador.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.