Perth-based, Western Australian-focused gold explorer Torque Metals Limited (ASX: TOR) has obtained further promising results from the phase 3 drilling campaign at the company’s wholly owned Paris Project, located to the Southeast of Kalgoorlie on the richly gold endowed Boulder-Lefroy Fault Zone.
Torque’s recent RC drilling has re-affirmed a very strong, broad zone of high-grade gold extending approximately 50m westbound of Torque’s first discovery that intersected a wide gold zone of 24m @ 10.7 g/t Au.
The latest assay results have confirmed a mineralised zone covering a current minimum strike length of ~120 metres. However, historical drill results from its database demonstrates that there is strong potential for a strike extent in excess of 280 metres This too remains open to the northwest, southeast, and at depth.
The findings are part of Torque’s third successful drilling phase since the company went public less than a year ago, and they confirm very strong, broad zones of high-grade gold both up and down dip at Paris, indicating significant potential for growth in gold resources below and adjacent to the existing pit.
Assay highlights from this significant drilling results adjacent to the Paris open pit include intersections of
- 6m @ 22.0 g/t Au from 159m, 3m @ 14.0 g/t Au from 171m within a larger zone of 27m @ 8.2 g/t Au from 156m in hole 22PRC038
- 6m @ 4.0 g/t Au from 159m within a larger zone of 18m @ 2.0 g/t Au from 156m in hole 22PRC036
As I have said before; what a start this Company has had. Less than a year since listing on ASX and we continue to exceed our best expectations. 27m @ 8.2 g/t Au is an exceptional interval that any corporation would love to have,” Executive Chairman, Ian Finch, said.
“But we won’t rest there. We now clearly see much more potential ahead of us The size of this wide, high-grade body currently covers a strike length of ~120m.
“However, we have historical drillhole data that supports the strong possibility that this wonderful gold zone may extend, at least, to 280m to the North West!
“There’s also plenty of work elsewhere. We’re getting ready to launch our ground geophysical survey in the search for Cassini and Lanfranchi look-a-like nickel deposits as well as preparing the next gold RC drilling campaign.”
In addition to the existing heavily mineralised zone at the Paris mine, four additional prospective structures have also been identified with gold intervals exceeding 5g/t Au. These new targets, raises the likelihood of discovering further mineralised prospects with Paris – style high grade.
Highlights include: • 6m @ 15.2 g/t gold from 123m in hole 21PRC021 within 9m @ 10.6 g/t • 2m @ 23.2 g/t of gold from 42m in hole PP-154 • 2m @ 22.0 g/t of gold from 22m in hole DHD316 • 2m @ 5.5 g/t of gold from 22m in hole DHD313.
