Western Australian-focused gold explorer Torque Metals Limited (ASX:TOR) has kicked off follow-up drilling at the company’s wholly-owned Paris Project located on the richly gold endowed Boulder-Lefroy Fault Zone, south east of Kalgoorlie.
The drilling will follow up several new and high-grade gold prospects within close proximity to the Paris and HHH open pit mines. The Phase 3 drilling programme will consist of up to 5,000 metres utilising an RC rig with a larger depth capacity (capacity to drill to depth of 350m) compared to RC rig utilised in Phase 2 which was limited to 100m.
Executive Chairman, Ian Finch, said the drilling will continue to follow-up the first and second phase drilling which resulted in new gold discoveries adjacent to existing open pits at Paris and HHH and at the Observation Strauss and Caruso prospects.
The Phase 3 drilling programme to follow-up on previous, gold intersections is key to unlocking these new discoveries at Paris, HHH, Observation, Strauss and Caruso at depth. I am looking forward, with great anticipation, to what this programme unearths at Paris and providing investors with assay results as they come to hand,” Mr Finch said.
The Paris Project Torque’s Paris Project lies within the area known as the Boulder-Lefroy Fault Zone. This prolific gold-bearing structure is host to numerous mines that have produced many millions of ounces of gold. Not least of these mines is the world famous “Super Pit” in Kalgoorlie. Torque’s Paris Project area remains vastly underexplored, with past drilling generally restricted to the top 50 metres, highlighting significant opportunities for discovery of gold mineralisation by the application of modern-day exploration techniques and the undertaking of more extensive, and deeper, drilling.
Torque has already undertaken a two drilling campaigns at Paris with the objective of better defining the zones most likely to rapidly increase the project’s resource base. The project has a previously reported existing 32,700oz JORC 2012 gold resource, most of which lies below and along strike from the existing HHH and Paris mines.
However much of this area remains under-drilled, and is, therefore, a core focus for the company to undertake an extensive program of drilling to explore for extensions to the known mines.