| Announcement Date: | 2022-02-21 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Torque Metals Ltd. |
| Project name: | Paris |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 21m @ 2.3g/t Au from 159m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Perth-based, Western Australian-focused gold explorer Torque Metals Limited (“Torque” or the “Company”) is pleased to announce assay results from follow-up drilling have demonstrated a continuous mineralised zone adjacent to the Paris pit at the Company’s wholly-owned Paris Project, located on the richly gold endowed Boulder-Lefroy Fault Zone, south east of Kalgoorlie. This recent drilling 120m west of the existing Paris open pit area has confirmed 21m @ 2.33 g/t Au from 159m including 3m @ 11.6 g/t Au from 159m in drill hole 22PRC034 (See Figure 1 & 2). The result demonstrates a continuous mineralised zone exists to the west of the high-grade discovery in 21PRC025 of 24m @10.7 g/t Au from 141m including 6m @ 34.6 g/t Au from 141m.Together the results of the above two mentioned drill holes suggest the Paris pit may extend for up to 120m west, and still remains open. This opens up an exploration front with Torque already planning follow-up drilling of this zone as soon as practicable. Torque is currently undertaking the Phase 3 RC drilling program, consisting of up to 5,000 metres, to follow-up the first and second phase drilling which resulted in several new gold discoveries adjacent to existing open pits at Paris and HHH, as well as additional drilling at the Observation, Strauss and Caruso prospects |
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