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Titiminas Silver Outlines Work Program Through Q4 2027 at the Madre Sierra Silver Mine and Engages Native Ads for Investor Awareness Marketing
15,500-metre Phase 1 underground drilling program to commence late June 2026 at Madre Sierra, Madre Sierra Norte and the Titiminas CRD; surface step-out
About this update from Titiminas Silver, Inc.
[{"type":"text","content":" 15,500-metre Phase 1 underground drilling program to commence late June 2026 at Madre Sierra, Madre Sierra Norte and the Titiminas CRD; surface step-out drilling to follow along the ~5 km mineralized corridor; maiden NI 43-101 Mineral Resource Estimate targeted for Q2/Q3 2027; PEA and Final Investment Decision targeted for Q4 2027 LIMA, Peru, May 12, 2026 /CNW/ - Titiminas Silver Inc. (TSXV: TITI) (\"Titiminas\" or the \"Company\") is pleased to provide a corporate update and outline the technical work program that will advance the Madre Sierra Silver mine (the \"Mine\") in central Peru, in which the Company holds an option to acquire a 100% interest, toward a Final Investment Decision (\"FID\") milestone targeted for the fourth quarter of 2027. Program Highlights Phase 1 Underground Drilling: a 15,500-metre diamond drill (DDH) program is scheduled to commence at the end of June 2026 and run for approximately 12 months. Drilling will be conducted entirely from existing underground workings and will test three target zones in parallel: Madre Sierra, Madre Sierra Norte and the Titiminas Carbonate Replacement Deposit (CRD). Surface Step-Out Drilling: following completion of the underground program, the Company intends to commence a surface drilling campaign to test for additional mineralized zones along the known strike lengths of the ~5 km mineralized corridor. Metallurgical Testwork: ongoing metallurgical and mineralogical testwork is on track for completion by September 2026. Basic Plant Engineering: basic engineering for a 350 tonne-per-day (tpd) processing plant will commence on completion of metallurgical testwork. Geomechanical Studies: geomechanical investigations are scheduled to commence in the fourth quarter of 2026 to support mine design and tailings storage facility planning. Maiden Mineral Resource Estimate: a maiden NI 43-101 compliant Mineral Resource Estimate (MRE) is targeted for delivery at the end of the second quarter of 2027 or early in the third quarter of 2027. PEA & Final Investment Decision: a Preliminary Economic Assessment (PEA) is planned to follow the maiden MRE, supporting a Board-level Final Investment Decision targeted for the fourth quarter of 2027. Management Commentary \"The work program outlined today provides shareholders with a clear, sequenced roadmap to a Final Investment Decision ...