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.
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