Titan Minerals Limited (Titan or the Company) is pleased to report the discovery of new shallow mineralisation at its wholly owned Dynasty Gold Project in southern Ecuador, as part of its ongoing 10,000m resource drilling program. The results significantly enhance the potential for resource growth at the project, with multiple high-grade intercepts returned from recent drilling at the Iguana prospect.

Recent diamond drilling has identified previously untested zones of mineralisation, confirming extensions both near surface and at depth:

2.6m @ 3.5 g/t Au, 21.5 g/t Ag from 26.8m

2.3m @ 2.7 g/t Au, 5.9 g/t Ag from 212.1m

The intercepts from IGDD24-041 are particularly encouraging, as they confirm three mineralised veins at shallow depths in a previously undrilled area to the south of Iguana East. This discovery highlights the potential for rapid, shallow resource growth just beneath surface.

IGDD24-036 has extended mineralisation a further 50m below previous drilling, validating historic data and likely contributing to a future resource upgrade in the area.

Drilling Progress and Updated Geological Model

To date, 31 holes totalling 7,970 metres have been drilled out of the planned 10,000m program. Results have been received for 25 holes, with assays pending for the remaining six. Titan has also updated its 3D geological model to incorporate the latest data, which will inform a planned resource update.

Heavy rainfall in March temporarily suspended field activities. Drilling is scheduled to resume in late April, with an acceleration of activity planned to complete the remaining program.

“We are pleased to deliver further extensional results from Iguana resource drilling which has confirmed shallow extensional resources in new areas. In fact, results returned from IGDD24-041 were both wider and higher grade than that returned from trenches at surface, which bodes well for targeting additional shallow resources, just below the surface at Iguana.”

“Despite a slowdown in drilling activities due to weather conditions, the geology team have used this time to clear the decks, review latest drill results, and in doing so have identified new targets that are set to be drill tested when drilling recommences in the coming two weeks.”

“Titan has a strong balance sheet with a clear runway to accelerate resource and exploration drill programs at Dynasty, while JV &amp; Earn-in Partner, Hancock Prospecting, undertake a 10,000m porphyry copper drilling program at the Linderos Project to earn a 25% interest in the project.”

“We look forward to delivering exciting news on multiple fronts in the coming weeks ahead across our portfolio of large-scale gold and copper projects.”

With new targets identified, and assays pending from Cerro Verde, Titan remains focused on delivering resource growth at Dynasty and progressing its broader portfolio of gold and copper assets in Ecuador. Further updates are anticipated as assay results become available and drilling resumes.

 <p>Titan Minerals Limited (Titan or the Company) is pleased to report the discovery of new shallow mineralisation at its wholly owned Dynasty Gold Project in southern Ecuador, as part of its ongoing 10,000m resource drilling program. The results significantly enhance the potential for resource growth at the project, with multiple high-grade intercepts returned from recent drilling at the Iguana prospect.</p><h2>Significant Results Uncovered</h2><p>Recent diamond drilling has identified previously untested zones of mineralisation, confirming extensions both near surface and at depth:</p><p>IGDD24-041:</p><p>2.6m @ 3.5 g/t Au, 21.5 g/t Ag from 26.8m</p><p>3.7m @ 2.5 g/t Au, 9.9 g/t Ag from 92.9m</p><p>IGDD24-036:</p><p>5.4m @ 2.3 g/t Au, 5.7 g/t Ag from 49.9m</p><p>2.3m @ 2.7 g/t Au, 5.9 g/t Ag from 212.1m</p><p>The intercepts from IGDD24-041 are particularly encouraging, as they confirm three mineralised veins at shallow depths in a previously undrilled area to the south of Iguana East. This discovery highlights the potential for rapid, shallow resource growth just beneath surface.</p><p>IGDD24-036 has extended mineralisation a further 50m below previous drilling, validating historic data and likely contributing to a future resource upgrade in the area.</p><h2>Drilling Progress and Updated Geological Model</h2><p>To date, 31 holes totalling 7,970 metres have been drilled out of the planned 10,000m program. Results have been received for 25 holes, with assays pending for the remaining six. Titan has also updated its 3D geological model to incorporate the latest data, which will inform a planned resource update.</p><h2>Operational Outlook</h2><p>Heavy rainfall in March temporarily suspended field activities. Drilling is scheduled to resume in late April, with an acceleration of activity planned to complete the remaining program.</p><h2>CEO Comments</h2><p>“We are pleased to deliver further extensional results from Iguana resource drilling which has confirmed shallow extensional resources in new areas. In fact, results returned from IGDD24-041 were both wider and higher grade than that returned from trenches at surface, which bodes well for targeting additional shallow resources, just below the surface at Iguana.”</p><p>“Despite a slowdown in drilling activities due to weather conditions, the geology team have used this time to clear the decks, review latest drill results, and in doing so have identified new targets that are set to be drill tested when drilling recommences in the coming two weeks.”</p><p>“Titan has a strong balance sheet with a clear runway to accelerate resource and exploration drill programs at Dynasty, while JV &amp; Earn-in Partner, Hancock Prospecting, undertake a 10,000m porphyry copper drilling program at the Linderos Project to earn a 25% interest in the project.”</p><p>“We look forward to delivering exciting news on multiple fronts in the coming weeks ahead across our portfolio of large-scale gold and copper projects.”</p><h2>Next Steps</h2><p>With new targets identified, and assays pending from Cerro Verde, Titan remains focused on delivering resource growth at Dynasty and progressing its broader portfolio of gold and copper assets in Ecuador. Further updates are anticipated as assay results become available and drilling resumes.</p>

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Titan Minerals Discovers New Shallow Gold and Silver Mineralisation at Dynasty

SYDNEY, AUSTRALIA: 21 January 2025,&nbsp;&nbsp;Australian copper producer and explorer, Austral Resources Australia Ltd (ASX: AR1), is pleased to announce the signing of a Memorandum of Understanding (MOU) with New Frontier Minerals (ASX: NFM) to form a strategic alliance. This collaboration aims to enhance production at Austral’s Mt Kelly processing facility through the potential processing of copper ore supplied by NFM.

Under the agreement, Austral will work closely with NFM to evaluate the suitability of ore from NFM’s NWQ Copper Project, including the Big One Deposit (Mineral Resource Estimate: 2.1Mt @ 1.1% Cu), for processing at the Mt Kelly facility. The alliance represents an opportunity to leverage both companies' assets and expertise to unlock significant value from the Mt Isa copper belt region.

Austral Resources’ Chairman, David Newling, commented:"I would echo the comments of (NFM Chairman) Ged in relation to the positive outcome for both groups from this MOU. Whilst there is still some metallurgical work yet to be completed in relation to suitability of NFM’s ore for the Mt Kelly processing facility, the MOU is demonstration that the Company has assets that are attractive to third parties, and we would welcome others to the table as well.

The Mt Isa region is primed for consolidation in the copper industry, and Austral remains focused on these opportunities where it has the potential to add significant value for shareholders."

The alliance includes a framework for potential ore processing agreements, metallurgical test work, and further exploration to assess other prospective copper deposits within NFM’s project areas. The partnership not only facilitates a path to production for NFM but also allows Austral to potentially secure a new, consistent source of copper ore feedstock.

This agreement reinforces Austral’s commitment to maximising the value of its assets while contributing to the consolidation of the Mt Isa copper belt region.

 <p>SYDNEY, AUSTRALIA: 21 January 2025,&nbsp;&nbsp;Australian copper producer and explorer, Austral Resources Australia Ltd (ASX: AR1), is pleased to announce the signing of a Memorandum of Understanding (MOU) with New Frontier Minerals (ASX: NFM) to form a strategic alliance. This collaboration aims to enhance production at Austral’s Mt Kelly processing facility through the potential processing of copper ore supplied by NFM.</p><p>Under the agreement, Austral will work closely with NFM to evaluate the suitability of ore from NFM’s NWQ Copper Project, including the Big One Deposit (Mineral Resource Estimate: 2.1Mt @ 1.1% Cu), for processing at the Mt Kelly facility. The alliance represents an opportunity to leverage both companies' assets and expertise to unlock significant value from the Mt Isa copper belt region.</p><p>Austral Resources’ Chairman, David Newling, commented:"I would echo the comments of (NFM Chairman) Ged in relation to the positive outcome for both groups from this MOU. Whilst there is still some metallurgical work yet to be completed in relation to suitability of NFM’s ore for the Mt Kelly processing facility, the MOU is demonstration that the Company has assets that are attractive to third parties, and we would welcome others to the table as well.</p><p>The Mt Isa region is primed for consolidation in the copper industry, and Austral remains focused on these opportunities where it has the potential to add significant value for shareholders."</p><p>The alliance includes a framework for potential ore processing agreements, metallurgical test work, and further exploration to assess other prospective copper deposits within NFM’s project areas. The partnership not only facilitates a path to production for NFM but also allows Austral to potentially secure a new, consistent source of copper ore feedstock.</p><p>This agreement reinforces Austral’s commitment to maximising the value of its assets while contributing to the consolidation of the Mt Isa copper belt region.</p>

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