Results were just announced from Torq’s phase III drill program at the Margarita iron-oxide-copper-gold project. With 14 holes spanning 3,862 m, the program has expanded the Falla 13 discovery and uncovered yet more mineralized zones within Margarita.
Torq’s CEO & Chair, Shawn Wallace, and Chief Geological Officer, Michael Henrichsen, sat down with Taylor Combaluzier from Red Cloud Securities to discuss the company’s mission to discover copper & gold in prominent mining belts in Chile.
Proving the Potential to Become a World Class Gold-Copper Asset
CEO of Torq Resources, Shawn Wallace, joins the show to discuss the exciting results from a recent drill program at their Santa Cecilia project. Shawn breaks down what these results mean for the company moving forward and also provides an update on the ongoing work at their Margarita project.
August 3, 2023
First Two Drill Hole Results At Santa Cecilia, Hole 2 Intersects 557 Metres of 0.38 g/t Gold, 0.23% Copper and 56 ppm Molybdenum
Shawn Wallace, CEO, and Michael Henrichson, Chief Geological Officer, discuss the company’s first drill results from Santa Cecilia and how the Company is planning to follow up with future drilling.
Torq Drills 557m of 0.38 g/t Gold, 0.23% Copper and 56 ppm Molybdenum with CEO with Shawn Wallace
Torq Resources drilled 557 m of 0.38 g/t Gold, 0.23% Copper and 56 ppm Molybdenum at its Santa Cecilia project in Chile. The project is characterized by both gold epithermal and gold–copper porphyry styles of mineralization and demonstrates geological similarities to multi-million-ounce deposits in the region, such as La Coipa, Cerro Maricunga and the immediately adjacent Caspiche and Cerro Casale gold – copper porphyry deposits, held by Newmont and Barrick.
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