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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