Titiminas Silver confirms molybdenum grades at Janchiscocha
Canada NewsWire First-pass underground and surface sampling returns up to 8.29% Mo, confirms multiple newly identified quartz-molybdenite veins across the Janchiscocha and Londres targets and a connecting ~1 km corridor, and defines an approximately 4 km molybdenum trend within Permo-Triassic granitic host rocks. LIMA, Peru , July 30, 2026 /CNW/ -- Titiminas Silver Inc. (TSXV: TITI) ("Titiminas" or the "Company") is pleased to report results from the first modern exploration campaign at its Janchiscocha molybdenum target, located within the Company's concession block in the Region of Junin, central Peru. Janchiscocha is a past-producing molybdenum mine, with over 2 kilometres of underground development recognized to date.
The June 2026 campaign confirmed high-grade molybdenum mineralization at the historically mined Janchiscocha and Londres targets, identified multiple previously untested quartz-molybdenite veins, and recognized a ~1 km mineralized corridor connecting the two historic mines, supporting the Company's interpretation that Janchiscocha hosts a district-scale quartz-molybdenite vein system rather than a series of isolated historic occurrences. Note on widths: grades are reported over sampling widths (the width of the channel or rock sample taken across the mineralized vein). Geological structure widths, where reported, describe the width of the host structure and are stated separately.
HIGHLIGHTS High-grade molybdenum confirmed at both the Janchiscocha and Londres targets, with grades up to 8.29% Mo and consistent average grades in the range of approximately 1 - 2% Mo. Janchiscocha mine: systematic underground channel sampling along 150 metres of Level 4464 returned an average grade of 1.33% Mo (including a high assay of 5.08% Mo) over an average sampling width of 0.62 m; sampling al