Torq Begins Drilling Untested Porphyry Systems in a World-Class Belt
Torq Resources has commenced its first drill program at the Santa Cecilia gold – copper project located in the world-class Maricunga belt in northern Chile, approximately 100 kilometres east of the city of Copiapo. The Santa Cecilia project is located immediately adjacent to the Norte Abierto project, held by Newmont and Barrick, which is comprised of the Caspiche and Cerro Casale gold – copper porphyry deposits.
Drilling Update At Santa Cecilia and 5 New Targets Defined At Margarita To Be Drilled In Q3
Michael Hennrichsen, Chief Geological Officer at Torq provides an update on the 15,000 m program underway at the Santa Cecilia project and recaps the April 5th news release reporting 5 new targets at the Margarita project.
Drilling Starting At Santa Cecilia, A Recap Of The Program and Key Targets
Shawn Wallace, Executive Chairman of Torq Resoruces discusses the drill program at the Santa Cecilia Gold-Copper project in Chile. A 15,000 m program begins with 7,000 m before a break for the Chilean winter, starting at the Cerro del Medio target area.
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.
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