Torq Pursues “Rare Opportunity to Drill Untested Porphyry Systems in a World-Class Belt”
Torq Resources has initiated surface exploration at its Santa Cecilia gold–copper project located in the world-class Maricunga belt in northern Chile, approximately 100 km east of the city of Copiapo. The surface exploration program is focused on defining drill targets with the aim of initiating the first drill program at Santa Cecilia in Q1 2023.
A Focus On Exploration Starting Up At Santa Cecilia
On December 13th Torq announced the start of exploration at the Santa Cecilia Project, in the Maricunga belt in northern Chile. Shawn Wallace, CEO, and Michael Henrichson, Chief Geological Officer, recap the overall exploration plans. The Company is starting with surface work then progressing to drilling by early 2023 to test untested porphyry targets.
Torq’s Gold-Copper Discovery Defines an 800m Strike at Margarita Project
Torq has defined a gold–copper mineralized system over an impressive 800 meter strike length at the Falla 13 discovery at its Margarita project. Most notable among the results: 64 m of 0.63 g/t gold and 0.63% copper in 22MAR-017R, 130 m of 0.36 g/t Au and 0.28% Cu (including 30 m of 1.02 g/t Au and 0.57% Cu) in 22MAR-023R, and 62 m of 0.51 g/t Au and 0.38% Cu (including 16 m of 1.6 g/t Au and 0.98% Cu), in 22MAR-024R.
Torq Resources Extends Margarita Copper-Gold Discovery 190m to North: 98m of 0.94 g/t Au & 0.68% Cu
Torq Resources has extended its initial discovery 190 metres to the north at the Margarita Iron-Oxide Copper Gold project located in northern Chile, approximately 65 kilometres north of the city of Copiapo. Drill hole 22MAR-014R intercepted 98 m of 0.94 g/t gold and 0.68% copper from 32 m – 130 m depth, successfully following up on the original discovery hole, 22MAR-013R, which intersected 90 m of 0.94% copper and 0.84 g/t gold.
Gold Fields as New Strategic Investor, Follow Up on Promising Discovery at Margarita
Interview with Chief Geological Officer Michael Henrichsen. Torq Resources announced a strategic investment by Gold Fields of CAD 15 million and an extension to the discovery at Margarita. There, 10 drill results are still pending and will be released in the coming weeks.
Sept. 13, 2022 Presentation - Precious Metals Summit, Beaver Creek
July 22, 2022
Torq Resources Initiates Follow-up Drilling at First of Its Two Significant Copper-Gold Discoveries
Torq Resources (TSXV: TORQ | OTCQX: TRBMF) 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.
Torq Resources begins phase II drilling at Margarita Project
Torq has initiated phase II drilling at the Margarita Iron-Oxide-Copper-Gold project in Chile. Drilling is targeting a new discovery of 90 m of 0.94 % copper and 0.84 g/t gold (22MAR-013R) from phase I drilling along the Falla 13 structural corridor.
CEO.CA caught up with Shawn Wallace, Executive Chair at Torq Resources (TSXV: TORQ, OTCQB: TRBMF, FSE: S8QN) to discuss his career journey, the company’s future plans, investment advice, and outlook for the industry.
May 24, 2022
'Classic boots on the ground' exploration leads to big discovery for Torq Resources
Through a combination of classic boots on the ground and some good geophysics Torq was able to identify “a beautiful structure,” said the company’s Chief Geological Officer, Michael Henrichsen. Henrichsen and Executive Chair, Shawn Wallace, spoke to Kitco about the company’s discovery at its Margarita iron-oxide copper-gold project in Chile. The company announced 90 metres of 0.94% copper and 0.84 g/t gold.
Interview with Executive Chair, Shawn Wallace, and Chief Geological Officer, Michael Henrichsen. Torq Resources recently made a new discovery at the Margarita Copper-Gold Project with hole 22MAR-013R at 90m and 0.94% copper and 0.84 g gold per tonne.
May 9, 2022
Torq Resources – Discovery Announced At The Margarita Project
Torq Resources (TSX.V:TORQ – OTCQX:TRBMF) announced a new copper-gold discovery at the Margarita Project in Chile. Hole 13 intersected 90 metres of 0.94% copper and 0.84 g/t gold. This hole was drilled in the north-central part of the project.
Torq Resources Makes New Discovery of 90m of 0.94% Copper & 0.84 g/t Gold at Margarita IOCG Project
Torq Resources discovers a new copper and gold sulphide system as a result of its maiden 4,075 metre reverse – circulation (RC) drill program at its Margarita Iron-Oxide-Copper-Gold (IOCG) project, located in northern Chile about 65 kilometres north of the city of Copiapo.
Torq Resources to Follow Up On 1km Long Copper Discovery Hole
Torq Executive Chair, Shawn Wallace, and Chief Geologist, Michael Henrichsen, discuss the company’s Margarita and Assay results on their 13 hole maiden drill program at Margarita are expected shortly. While never drilled before, all indications are that there’s great prospectivity here. They had been trying to land this project for quite a while and finally acquired it last year. Phase 2 will commence later in the year and the company has done two recent capital raises to advance the project. Drill targets will be established upon analysis of Phase 1’s results.
Exploration Update From The Santa Cecilia Gold-Copper Project in Chile
Shawn Wallace, Executive Chair, and Michael Henrichsen, Chief Geologist disucss the company’s geological evaluation of a couple historic holes that were targeting the copper porphyry mineralization at the Santa Cecilia project in Chile. These two historic holes intersected 925.7 m of 0.45% CuEq. Shawn and Michael also discuss permitting and the other work needed to commence drilling by early Q2 this year.
Torq to Follow up on Nearly 1-km-Long Copper Discovery HoleView More
November 16, 2021
New Gold-Copper Acquisition is Game Changing for Torq Resources
Jay catches up with Shawn Wallace and Michael Henrichsen of Torq Resources to talk about Torq’s 100% acquisition of the Santa Cecilia Project in the Maricunga belt of Chile - a region estimated to host up to 90 million ounces of gold.
November 1, 2021
Exploration Potential at Recently Optioned Santa Cecilia Gold-Copper Project
Torq Resources announced on October 21 that it has secured an option to acquire 100% interest in the Santa Cecilia gold-copper project in the Maricunga belt of Chile. Historical drilling exists on the project, which will be re-evaluated with new knowledge and methods, and a drill program will be established based on this.
Executive Chair Shawn Wallace and Chief Geologist Michael Henrichsen discuss the recently acquired Chilean gold-copper Santa Cecilia project. According to Henrichsen, “This is the real deal… The initial discovery has already been made.”
The Santa Cecilia Project and Ongoing Drilling at the Margarita Project
The option agreement to acquire 100% of the Santa Cecila project was the major acquisition that Executive Chair, Shawn Wallace, had foretasted for the Company in prior interviews. Shawn and Chief Geologist, Michael Henrichsen, recap the historic work completed on the project and the overall exploration strategy with the plan to have drills turning early next year. They also provide an update on ongoing drilling at the Margarita project and discuss the priority targets in the program.
Torq Resources’ new gold-copper project a game changer for investorsView More
September 30, 2021
Investment Lessons I Learned from Rick Rule and Eric Sprott - Michael Kosowan
Rick Rule was a mentor for both Jay and Michael Kosowan. Michael worked closely with Rick Rule and then Eric Sprott before crossing the street to join Torq Resources. Jay and Michael touch on lessons they learned from Rick and Eric and outline the 2 major copper projects Torq is exploring.
September 13, 2021
3 Priority Drill Targets at the Margarita Copper-Gold Project in Chile, with Drilling Starting this Month
Executive Chair, Shawn Wallace discusses the type of deposit the Company is exploring for and when the drill will start turning. He also provides an update on any acquisitions that could be coming.
Torq Resources Identifies Three Large Copper Targets to be Drilled in Sept/Oct
Torq just announced that it has identified three primary target areas at the Margarita Iron-Oxide-Copper-Gold (IOCG) project in northern Chile that form the basis for the upcoming 4,000 metre reverse circulation drill program, slated to begin later this month.
Torq Resources Becomes An Even More Interesting Copper Play
Torq has optioned the Andrea Copper Porphyry Project, providing the company with an excellent opportunity to discover a world-class copper porphyry system. Its on the ground geologist network has done it again.
Torq Resources Identifies Large Copper Target to be Drilled in Q3 with Shawn Wallace
Executive chairman, Shawn Wallace, discusses the uptick in the price of copper, the most recent company announcement of new large-scale geophysical anomalies at the Margarita copper-gold project in Chile and what to expect between now and the first drill program, planned for Q3.
Over the next decade, the global demand for copper is set to explode. As EV adoption and government infrastructure programs take off, the world is going to need more copper. The only problem is that it’s getting harder and harder to find new discoveries that will make an impact on a global scale. With this backdrop, the outlook has never been better for copper and more specifically companies exploring for the next big copper deposit.
April 5, 2021
Successful Mining Duo Builds High Quality Chilean Copper/Gold Portfolio
In an environment of unlimited Money Printing and unlimited Government, how can you protect your wealth? Historically, one choice has been sound junior mining ventures led by superior teams. Torq Resources is exactly that kind of company.
Torq Resources – More Information on the Option Agreement Just Signed on the Margarita Project in Chile
Shawn Wallace, Executive Chairman of Torq Resources (TSX.V:TORQ – OTCQX:TRBMF) joins Cory Fleck to recap the recent news highlighting the first acquisition (option agreement) in Chile of the Margarita Project. The focus is on what attracted the team to this project and the work planned to get drilling. Shawn also discusses the overall strategy in Chile, which includes more project acquisitions.
Torq Resources Acquires Copper & Gold Project in Prolific Chilean Mining Belt with Shawn Wallace
Executive Chairman Shawn Wallace explains that Torq has recently acquired the option to earn a 100% interest in the Margarita Iron-Oxide-Copper-Gold project located in Chile, 65 kilometres north of the city of Copiapo.
Torq Resources – a Focus in Chile With a Well Known Management Team and $9 Million in the BankView More
January 12, 2021
Torq Resources Is Building a Premium Copper & Gold Portfolio in Chile with Shawn Wallace
Executive Chairman Shawn Wallace explains why investors should consider Torq Resources: “I think that they should take solace in the fact that you were a known entity, working in a known jurisdiction (Chile), we have the success we have behind us. I’ll put that record up against anyone’s.”
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