Mining Stock Education
Torq Resources Initiates Follow-up Drilling at First of Its Two Significant Copper-Gold Discoveries
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:19:50
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Sinopsis
Torq Resources has commenced its follow-up drill program at the Margarita Iron-Oxide-Copper-Gold (IOCG) project, located on the Coasta Coardillera belt in Chile and where the Company made a new discovery of 90 metres of 0.94% copper and 0.84 g/t gold during the first ever drill program on the project. The Company plans to drill approximately 4,000 m in its second phase of drilling along a 1 kilometre length of the Falla 13 structural corridor that exhibits clear geochemical and geophysical signatures corresponding to the mineralization encountered in drill hole 22MAR-013R. Shawn Wallace, CEO & Chair, stated: “We are extremely excited to commence drilling at Margarita and believe we have a strong probability of significantly expanding on the impressive IOCG discovery that we recently announced. This second phase of drilling has the potential to generate pivotal results and provide dimensions for the strong mineralized system at the project.” Michael Henrichsen, Chief Geological Officer, stated: “Our greenfi