Western Australia-focused gold explorer Torque Metals (ASX:TOR) has recorded ‘high-grade’ gold assay results from its fifth drilling phase at the Paris Project, located southwest of Kalgoorlie in Western Australia.
The company completed 4,855m of reverse circulation (RC) drilling across 40 holes over the Paris, Observation, and HHH prospects targeting ‘significant’ gold anomalies obtained from historic drilling, machine learning algorithms, and geological models.
‘Significant’ results recorded in this drilling include hole 22PRC053 with 39m @ 6.05g/t Au from 175m, including 9m @ 10.66g/t Au from 178m, and 3m @ 29.4g/t Au from 202m; and hole 22PRC054 with 6m @ 4.08g/t Au from 204m.
These results have also reaffirmed Torque’s expectation that the 2.5km corridor that hosts the historic HHH and Paris open pits has the potential to host a series of parallel ‘high-grade’ deposits, creating a camp-scale mining opportunity.
Commenting on the results, Torque Metals Managing Director Cristian Moreno says: “These high-grade hits at our Paris project are great to see. The results are highly encouraging and, importantly, show all gold-rich prospects lining up in a north-northwesterly orientation, further supporting the potential of a Paris Gold Camp.
“The results are highly encouraging and, importantly, show all gold-rich prospects lining up in a north-northwesterly orientation, further supporting the potential of a Paris Gold Camp”
Significantly, the successful holes between HHH and Paris suggest a mineralised structure potentially linking the 1.5km distance among the 2 deposits. Additionally, while further high-grade north of HHH indicates a potential rich-gold open pit deposit between HHH and Observation (1km), the substantial grades westward of the Paris prospect confirm a consistent mineralised body that is still open to the west and at depth.
Our short-term strategy is to first; keep investigating the link between HHH and Paris deposits, secondly; expand Paris, HHH, and Observation deposits eastwards of the current mineralised zones, and finally; test multiple targets at the Maynard’s Dam project where possible analogues for both St Ives are Norseman-type gold systems occur.”
Torque reports these results continue validating a ‘high-grade’ and uninterrupted zone at Paris which is open to the west, and at depth. The Paris ‘high-grade’ zone now has a prospective thickness of 60m and a strike length of more than 1,000m, which includes 400m west of the Paris pit, 250m of grades beneath the pit, and 350m to the east of the pit.
The company says the Paris Gold camp model consists of 2,500m of northwest-southeast strike between the Paris, HHH, and Observation prospects that could contain multiple parallel mineralised gold zones perpendicular to the Boulder-Lefroy fault. This gold camp also hosts several ‘attractive’ structures where ‘significant’ zones of primary mineralisation have previously been identified.
Torque reports it has sourced a diamond drilling/RC rig with a capacity of over 200m for follow-up drilling at multiple prospects within the Paris project. The company expects this drilling will begin before the end of Q1 2023.
Torque Metals is a mineral exploration company with a portfolio of ‘high-grade’ gold deposits in Western Australia. These include the flagship Paris Gold Project, as well as the Bullfinch Gold Project.
Images: Torque Metals Ltd & iStock
