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Drilling Discoveries in Chile's Most Prolific Mining Belts

UPDATE – New Drill Results

Location Map of the Margarita, Santa Cecilia and Andrea Projects

Santa Cecilia
Gold-Copper Project

  • Immediately adjacent to Newmont/Barrick’s Norte Abierto project in the Maricunga belt (4th largest undeveloped gold project, globally*)
  • Torq successfully drilled higher-grade mineralization in second drill hole of its inaugural program, intersecting 557 m of 0.38 g/t Au, 0.23% Cu and 56 ppm Mo1
    1. Historical intercept: 925 m of 0.21 g/t Au, 0.27% Cu and 82 ppm Mo1
  • Multiple undrilled mineralized porphyry targets within 1.5 km of Caspiche
*Source: The Northern Miner
1 Intervals are selected using AuEQ grade*thickness no less than 1.0 g/t*m with average interval grade no less than 0.2 g/t, maximum consecutive dilution 4 m

New Discovery! Margarita Project Iron-Oxide-Copper-Gold

  • Greenfields discovery (2022)
    • 90m of 0.94% Copper & 0.84 g/t Gold2
    • 98m of 0.94 g/t Gold & 0.68% Copper3
  • Expansion discovery + new copper oxide discovery (2023)
    • 42 m of 1.1 g/t gold and 0.48% Copper3
    • 132 m of 0.48% Copper4
2 Intervals - no less than 5m of >= 0.2 % Cu, maximum consecutive dilution 6m
3 Intervals - no less than 5m of >= 0.1 g/t Au, maximum consecutive dilution 6m
4 Main interval - No less than 5m of >= 0.1 % Cu, maximum consecutive dilution 8m

Latest News Release

Torq Announces USD$1.81 (CAD$2.49) Million Interim Loan Facility from Gold Fields for Santa Cecilia Project
October 18, 2024

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