Torque Metals Limited (ASX: TOR) has intersected a new, shallow high-grade gold structure intersected 300m east of the Paris pit in its fourth phase of drilling 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 most recent RC drilling results have confirmed a very strong, broad zone of high-grade gold extending north-west and south-east from two of the company’s biggest discoveries, intersecting to the west; a large gold zone of 27m @ 10.7 g/t1, 27m @ 8.16 g/t2, and 24m @ 10.7 g/t3 and to the east; a new high-grade gold structure of 12m @ 3.2 g/t and 6m @ 1.03 g/t.
The Paris high-grade zone now has a strike length of more than 900m, which includes 300m west of the Paris pit, 250m of grades beneath the pit, and a new high-grade zone 300m to the east of the pit. Importantly, the mineralised zone remains open to the East, West and at depth.
“It gives me great pleasure to inform the market that the east-west high-grade gold structure at the Paris project continues to grow, having now been extended from 600m to ~900m by successful drilling 300m east of the historic pit,” CEO, Cristian Moreno, said.
“The width and grade of mineralisation we are encountering is very significant when you consider the shallow depths, we are currently exploring at within the Paris gold corridor. Drilling at Paris continues to define a large mineralised system extending north-west, south-east, and at depth.
“Each drilling campaign is demonstrating the increasing potential at Paris.
“The focus of drilling going forward is to first; investigate the link between the HHH and Paris pit mineralisation – second; infill the ~900m of mineralised strike at Paris that will help enable a resource estimation, and finally; to increase the prospectivity within the Paris gold corridor.
“Torque Metals is developing a strong portfolio of high-grade advanced targets, many of which are on our nine granted Mining Leases located on the eastern and western flanks of the Boulder-Lefroy fault, Our Company is working on the design of the next gold drilling campaign, and I am looking forwards to keeping the market up to date on the ground electromagnetics results and the start date of the next drilling campaign at the Paris project.”
The drilling results are the fourth successful drilling phase for Torque since the company listed on ASX in June 2021, 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.
For further information please visit: https://www.torquemetals.com/