Announcement Date: 2021-11-30
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Torian Resources Ltd.
Project name: Mt Stirling
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 3m @ 9.46g/t Au from 37m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Torian Resources Limited (ASX: TNR) (Torian or the Company) is pleased to announce that it has received its first batch of results from its current 17,500m drilling campaign at the Mt Stirling Gold Project. Assay turnaround efficiency has been exceptional; and the Company expects a similar 2-4 week turnaround through to February 2022. Assays from DIRC033 returned 3m @ 9.46 g/t Au from 37m (DIRC033), inc 1m @ 25.46 g/t Au from 37m, extending Estera HG strike to the south-east as modelled. Assays from DIRC032 has returned an anomalous comp of 4m @ 0.70 g/t Au from 32m. Single meter samples from this comp are now at the laboratory awaiting results. The Company is very encouraged with these results and the rapidity of assay turnaround time. Torian is also fast-tracking follow-up drilling, having secured two rigs throughout DecemberJanuary, and effectively a third rig for 2022. A total of 6 holes (DIRC030-35) have so far been drilled at Unexpected Estera Lode (for 669m), with three extensional holes (DIRC032-34) completed to extend strike of mineralisation SE and NW.
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