| Announcement Date: | 2021-12-13 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | JORC |
| Company name: | Torrens Mining Ltd. |
| Project name: | Mt Piper |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Up to 31g/t Gold in Rock Chip Results |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Torrens presents 44 further rock chip samples systematically taken from the Goldie Prospect, part of the Company’s wholly-owned Mt Piper Gold Project in Central Victoria. The new results include high-grade gold (Au) assays from the first in-situ quartz reef samples collected from the base of historic workings. The new rock chip results confirm high-grade gold reef mineralisation remains unmined at the Goldie Prospect, with the exceptional high-grade rock chips now reported over a minimum strike length of 120 m, and several parallel reefs identified within potentially a 150 m wide corridor. In-field observations indicate that high gold grades are associated with stylolitic seams in quartz. Work to understand the association with pathfinder elements is ongoing: localised elevation in tungsten, arsenic and antimony reflects complex geochemical contributions from Cambrian sedimentary rocks, metabasaltic rocks and the Devonian I-type granite |
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