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Titan Minerals Limited (ASX:TTM)

ALERT: Price-sensitive ASX Announcement for TTM
Current share price for TTM : $0.670 -0.38 (-36.19%)+
Announcement
Release
29 Jan 2026 9:56AM
Price at Release
$1.050
Full Release
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Summary
Titan Minerals Limited has released its ASX Quarterly Report for the period ending 31 December 2025, detailing its activities in Ecuador. During this quarter, Titan continued advancing its flagship Dynasty Gold Project, completing resource drilling at the Cerro Verde prospect. Significant progress was made with the use of three diamond rigs focusing on infill and extensional drilling, aimed at updating the Mineral Resource estimate in Q1 2026. The report highlights strong potential for rapid resource growth through extensional drilling and infill drilling strategies that have improved geological confidence and identified new areas of mineralization. The financial Appendix 5B shows cash and cash equivalents at the end of the period were $12,032,000, with net cash used in operating activities of $740,000 and investments in exploration amounting to $2,191,000. Despite these expenditures, the company expects to continue funding its operations with the existing cash reserves.
Key Points
  • Titan Minerals Limited reported for the quarter ending 31 December 2025.
  • Advanced the Dynasty Gold Project in Ecuador, focusing on the Cerro Verde prospect.
  • Conducted infill and extensional drilling, with a Mineral Resource update expected in Q1 2026.
  • New drilling revealed potential for rapid resource growth and additional mineralization.
  • Financials showed $12,032,000 in cash at end of period, with $740,000 net cash used in operations.
  • Invested $2,191,000 in exploration activities during the quarter.
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.