Titan Minerals
Financials:
Primary ticker: ASX:TTM
Stage of development: Exploration, Development
Primary minerals: Gold, Copper
Project to promote: Dynasty, Linderos and Copper Duke
Project location: Ecuador
Website: www.titanminerals.com.au
Titan Minerals is an ASX-listed exploration and development company focused on exploring copper and gold projects in Ecuador’s southern Andean copper-gold belt. The company’s flagship asset is the Dynasty Gold Project.
Cash: USD9.75
Debt: /
Major shareholders:
Tribeca 5%
Management Profile
Laurie Marsland, Managing Director
Mr Marsland is a graduate of the Western Australia Institute of Technology where he completed a Bachelor of Applied Science in Mechanical Engineering and is a graduate of the Stanford Sloan Fellows Program at the Stanford University Graduate School of Business where he completed a Master of Science in Management degree. Mr Marsland is a Fellow of the Institution of Engineers Australia, a Chartered Professional Engineer and was formerly a director of Toro Gold Limited.
What is your rationale for taking part 121 Mining Investment?
To introduce the Titan Minerals to US based investors and to discuss the development and progress being made at Dynasty, Linderos and Copper Duke.
What recent news would you like to highlight to investors attending?
31/1/22 Quarterly Activities/Appendix 5B Cash Flow Report
27/1/22 Titan Minerals Appoints Pablo Morelli as Exploration Manager
17/12/21 Dynasty Gold Project Drilling Results
What are your key goals for the next 3, 6 and 12 months?
3 Months:
Continue to deliver Dynasty assay drill results to the market
Commence drilling at the highly prospective Linderos Project
6 Months:
Announce JORC Resource at Dynasty
Continue drilling at Linderos and announce results of geochem sampling at Copper Duke
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
The key risks are:
1. Obtaining and maintaining a social license in all the communities and jurisdictions in which we operate. This requires an ongoing honest and transparent dialogue with all stakeholders that is based upon the realistic expectations of all the parties involved.
2. The political risk in Ecuador is not insignificant and requires that a good working relationship be developed between the company and local, regional and national government agencies.
3. Ensuring access to adequate capital at all stages of project development.
The key to addressing these risks is the main challenge; to recruit, lead, motivate and retain staff with experience relevant to the job at hand.
Risk is reduced further by implementation of an effective written plan to develop the assets and grow the business over time. As part of the decision making process, the plan should be referred to on a regular basis and reviewed and modified as required when circumstances within the business and market change significantly.
What do you think makes your company such a compelling investment?
Titan Minerals is focused on exploring and developing potential copper gold projects in Ecuador’s southern Andean copper gold belt. The Company’s flagship asset is the Dynasty Gold Project that consists of 2.1Moz at 4.5g/t gold.
Titan’s strategy is to conduct a drilling campaign across Dynasty and deliver a JORC resource following the 2021 drill results. Titan also is excited by the high grade gold exploration potential at Linderos’ Meseta Gold Camp and the copper porphyry potential at Copper Ridge. The discovery potential at Linderos has attracted quality geologists to Titan’s team.
What are the top 3 key investor takeaways?
– Dynasty has a 2Moz resource and is underexplored with exceptional exploration upside
– The project offers high grade bulk tonnage potential, 220kt of material from Dynasty has been previously mined at a 3.2g/t head grade
-Previous drilling and trench sampling indicate a high potential for Linderos to be a porphyry discovery