Announcement Date: 2022-05-24
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Torque Metals Ltd.
Project name: Paris
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 27m @ 8.2g/t Au from 156m
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”) (ASX: TOR) is pleased to announce results from the phase 3 drilling campaign at the Company’s wholly owned Paris Project, located to the Southeast of Kalgoorlie on the richly gold endowed Boulder-Lefroy Fault Zone. Torque’s recent RC drilling has re-affirmed a very strong, broad zone of high-grade gold extending approximately 50m westbound of Torque’s first discovery that intersected a wide gold zone of 24m @ 10.7 g/t Au The latest assay results have confirmed a mineralised zone covering a current minimum strike length of ~120 metres. However, historical drill results from our database demonstrates that there is strong potential for a strike extent in excess of 280 metres This too remains open to the northwest, southeast, and at depth (see figure 2). The findings are part of Torque’s third successful drilling phase since the company went public less than a year ago, and they confirm very strong, broad zones of high-grade gold both up and down dip at Paris, indicating significant potential for growth in gold resources below and adjacent to the existing pit.
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