- Torq (TORQ) has initiated phase II drilling at the Margarita Iron-Oxide-Copper-Gold Project in Chile
- Drilling is targeting a new discovery of 90 m of 0.94-per-cent copper and 0.84 g/t gold from phase I drilling
- The company intends to drill for 4,000 m along a 1 km trend corresponding to the discovery’s mineralization
- CEO Shawn Wallace joined Sabrina Cuthbert to discuss the ongoing follow-up drill program
- Torq is a Vancouver-based copper and gold exploration company with a portfolio of premium holdings in Chile
- Torq (TORQ) is unchanged trading at $0.53 per share
Torq (TORQ) has initiated phase II drilling at the Margarita Iron-Oxide-Copper-Gold Project in Chile.
Drilling is targeting a new discovery of 90 m of 0.94-per-cent copper and 0.84 g/t gold (22MAR-013R) from phase I drilling along the Falla 13 structural corridor.
Torq intends to drill for 4,000 m along 1 km of Falla 13 exhibiting geochemical and geophysical signatures corresponding to the mineralization in 22MAR-013R.
The company believes it has a strong probability of expanding the discovery and outlining a large-scale copper-gold deposit.
It plans to pursue a number of high-quality targets similar to the Falla 13 discovery in phase III drilling.
CEO Shawn Wallace joined Sabrina Cuthbert to discuss the ongoing follow-up drill program.
Torq is a Vancouver-based copper and gold exploration company with a portfolio of premium holdings in Chile.
Torq (TORQ) is unchanged trading at $0.53 per share as of 12:13 pm EST.
