Torque Metals defines ‘significant’ REE potential at its Bullfinch Project in Western Australia

Western Australian-focused explorer Torque Metals (ASX:TOR) reports it has encountered highly encouraging and ‘significant’ Rare Earth Element (REE) mineralisation following a reverse circulation (RC) drilling program at its Bullfinch Project in Western Australia.  

The results, generated by 21 RC drill holes, have returned pegmatite hosted REE mineralisation from within multiple holes mineralised from surface and to the end of hole. 

It is reported that critical permanent magnet elements neodymium-praseodymium (NdPr) are present in all 21 drillholes, with key results including 3m at 0.107% Total Rare Earth Oxide (TREO) with 187ppm NdPr from 15m (BRC001) and 3m at 0.076% TREO with 118.14ppm NdPr from 57m (22B2RC07). 

Gold grades of up to 16g/t Au have also been returned following grab-sampling activities and support the potential for structural-geophysical targets to exist at the tenement, warranting follow-up exploration.     

Drilling was conducted to investigate gold prospects near a pegmatitic structure, however it is believed that gold mineralised bodies were not encountered due to the relatively shallow drill level, indicating that gold mineralisation extends deeper than 60m to a depth of about 120m. 

Torque

Addressing the results, Torque Metals’ Managing Director, Cristian Moreno says: “Following the initial reprocessing of more than 20 magnetic and gravity surveys conducted in-house, we have identified multiple structural-geophysical anomalies that could host multi-element deposits. It’s an incredible outcome to have discovered anomalous hard-rock pegmatite hosted rare earth elements in all 21 holes at Bullfinch project which were drilled along a 6.5km long geophysical target. 

“It’s an incredible outcome to have discovered anomalous hard-rock pegmatite hosted rare earth elements in all 21 holes at Bullfinch project…”

Many of the REE intercepts of our first drilling campaign at Bullfinch start from surface and end in mineralisation, with some holes ending in ‘high-grade’. Without a doubt, this discovery warrants further investigation in potential nearby mineralised structures. We are now evaluating further drilling plans to better understand these structural-geophysical anomalies. 

The Bullfinch project is highly prospective with documented historical ‘high-grade’ gold production. Systematic drilling is being planned by Torque’s technical team, and a program of works has been submitted to expedite a drilling campaign early next-year – so its going to be a very busy period ahead for the company with lots of news flow not only in respect of Bullfinch but also at the Paris Gold project where we have recently commenced a 4,500m drill program.”

The company also notes that additional drillholes also returned anomalous REE grades in other holes, which also warrants further exploration for additional critical materials. 

Torque Minerals is an ASX-listed mineral exploration company that boasts an ‘exciting’ portfolio of ‘high-grade’ gold-copper (Au-Cu) deposits in Western Australia. The company’s Bullfinch project is located only 1km east of the Copperhead Mine, about 40km north of the township of Southern Cross in Western Australia. 

The project comprises a total land area of 572km-square across 5, (bar 1) 100% owned contiguous exploration licences that consist of Archean bedrock granites and foliated quartz, feldspar, hornblende and biotite gneiss.

Torque Minerals announces it intends to drill again at the Bullfinch tenement early in the new year.

Images: Torque Metals Ltd
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.