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Torque Metals confirms new high-grade gold lode at Paris; results up to 15 metres at 12.57 g/t

Published 07/11/2024, 10:35 am
Updated 07/11/2024, 11:01 am
© Reuters.  Torque Metals confirms new high-grade gold lode at Paris; results up to 15 metres at 12.57 g/t

Torque Metals Ltd (ASX:TOR) welcomes additional RC drill results from the Paris Gold Project in the Western Australian Goldfields, including a highlight of 15 metres at 12.57 g/t gold.

The standout results confirm a new, continuous gold lode beyond the recently announced mineral resource extents.

New opportunities

Torque managing director Cristian Moreno said: “New opportunities keep emerging at the Paris deposit, with recent results revealing additional mineralised zones in previously untested areas.

“Torque’s technical team is strategically extending mineralised boundaries beyond the mineral resource estimate of 250,000 ounces at 3.1 g/t gold with the robust gold-mineralised lode trending east, west and now discovered southward down plunge.

“Our focus is clear: expand mineralisation beyond current resource boundaries, upgrade inferred resource blocks to indicated and explore high-potential regional targets with strong gold-in-soil anomalies and historical drill intercepts.”

Torque has completed 7,416 metres of RC drilling across 39 holes at the Paris deposit. The second batch of assays included the best result to date of 5 metres at 12.57 g/t gold from 215 metres.

A previous result from the same lode, 40 metres from the above result, delivered 7 metres at 7.92 g/t gold from 216 metres, within an interval of 15 metres at 3.85 g/t.

Additional drill results from other lodes include 5 metres at 2.37 g/t gold from 152 metres and 4 metres at 1.77 g/t from 64 metres.

What’s ahead?

Torque expects further results from 13 remaining RC holes in the coming weeks and also expects to receive results of further metallurgical test work on Paris core this month.

Results of the metallurgical studies will assist in further assessing the company’s mineral processing options.

This data will also contribute to a scoping study focused on indicated mineral resources.

The company says that infill drilling within the inferred resource zones is expected to upgrade some of these areas to the indicated classification.

Torque is also generating drilling targets across its broader regional tenements with the intention to carry out reconnaissance drill campaigns.

Paris Gold Project

Paris Gold Project mineral resource estimate (MRE) of 2.518 million tonnes at 3.1 g/t gold for 250,000 ounces with 63,000 ounces in the indicated category, includes three deposits — Paris, HHH and Observation — which are only partially tested.

The project covers a 57-kilometre strike length within the 350 square kilometre greenstone belt.

The Paris MRE spans a 2.5-kilometre strike length and an area of 2.5 square kilometres, with strong indications of interlinking structures between Paris, HHH, Observation deposits and promising gold mineralisation now identified just outside the resource area.

Paris Gold Project, regional scale and greenstone belt dominance.

Read more on Proactive Investors AU

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