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    • Delayed Prices (USD) - Last Updated 29-06-2022
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    Torque Metals reports bonanza gold grades at Paris

    Perth gold explorer Torque Metals (ASX: TOR) has discovered a new ‘high-grade’ zone of gold mineralisation at its 100%-owned Paris Project in Western Australia’s prolific Boulder-Lefroy Fault Zone.

    The company reports that the gold intersections were obtained from RC holes drilled adjacent to the Paris and HHH open pits to test for extensions to known mineralisation.

    Standout results include:

    • Hole 21PRC025: 24m @ 10.7 g/t Au from 141m; including
      • 6m @ 34.6 g/t Au from 141m
    • Hole 21PRC021: 9m @ 10.56 g/t Au from 123m; including
      • 6m @ 15.2 g/t Au from 123m
    • Hole 21HRC003: 3m @ 3.89 g/t Au from 87m
    • Hole 21HRC001: 3m @ 1.93 g/t Au from 90m

    TOR says that the drilling confirms ‘significant high grade’ gold resource potential, using a lower cut-off grade of 1 g/t Au, below and adjacent to historic mined shallow pits at both Paris and HHH.

    The results are part of Torque’s first phase of drilling since listing less than four months ago, with exploration work aimed at better-defining zones most likely to rapidly increase the project’s resource base.

    The project houses an existing JORC 2012 32,700oz gold resource, most of which lies below and along strike from the existing HHH and Paris mines

    The project houses an existing JORC 2012 32,700oz gold resource, most of which lies below and along strike from the existing HHH and Paris mines. The company states that this resource remains under-drilled, with extensional work forming a core part of its ongoing exploration strategy.

    Location of the Paris Project within the Boulder-Lefroy Fault Corridor
    Location of the Paris Project within the Boulder-Lefroy Fault Corridor

    To date, Torque has drilled 102 first-pass holes at Paris for a total of 7,427m. This includes eight prospects: Observation (22 holes for 1,688m), Strauss (24 holes for 1,722m), HHH South (11 holes for 804m), Paris North (6 holes for 402m), HHH pit (3 holes for 308m), Paris pit (4 holes for 619m), Marmaracs (21 holes for 1,116m), and Lady Doris (11 holes for 768m). A total of 2,728 samples have been despatched for laboratory work, with all now returned.

    The company reports that the results confirm ‘very strong’, broad zones of high-grade gold both up and down dip at Paris and HHH, demonstrating considerable potential for growth in gold resources below and adjacent to the existing pits.

    Due to the significance of these results, Torque says that it has immediately moved to secure an RC rig with ~300m capacity for follow-up drilling at these and other Paris prospects as soon as practicable, with work expected to commence early in the new year. The extent of drilling has not yet been determined, but may include the eventual addition of a diamond rig.

    Images: Torque Metals Limited
    Jonathan Norris
    Jonathan is a founder of Mining.com.au and has been covering the resources industry since 2018. With over 17 years experience in print, broadcast and online media, Jonathan has seen first hand the transformative effect of online niche media.

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    • Delayed Prices (USD) - Last Updated 29-06-2022
    • Gold $1,819.40
    • Silver $20.79
    • Platinum $909.00
    • Palladium $1,802.00
    • Dalian Iron Ore i2209 $121.88
    • Aluminium $2,495.50
    • Cobalt $72,400.00
    • Copper $8,417.50
    • Lead $2,003.50
    • Nickel $22,882.00
    • Tin $26,991.00
    • Zinc $3,318.00