Santa Cecilia - DRILLING FOR DISCOVERY
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 gold,0.23% copper and 56 ppm molybdenum¹
- 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
Greenfields IOCG discovery in 2022 (90 m of 0.94% copper and 0.84 g/t gold²), 65 km from Copiapo, in a world-class IOCG belt
Falla 13 discovery was extended (98 m of 0.94 g/t gold and 0.68% copper³), has been defined over an 800 m length and remains open
4,000 m drill program in August – October will test new, undrilled targets and expand the Falla 13 discovery
Andrea
Copper Porphyry Project
Unrecognized copper porphyry potential within the prolific El Indio belt. Advanced to drill stage
*Source: The Northern Miner
1 Intervals are selected using AuEQ grade*thickness no less than 1.0g/t*m with average interval grade no less than 0.2g/t, maximum consecutive dilution 4m
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