- Torr Metals Inc. (TMET) has defined a new copper mineralization footprint at the Dalvenie Zone at the Latham Project
- The zone has a 2.1 kilometres footprint with under 100 parts per million copper
- Within this are four highly anomalous copper soil anomalies which may increase
- The anomalous soil trends will extend or be parallel to known copper-gold mineralization
- The company will soon complete a survey that will de-risk planned drilling on the zone
- Torr Metals Inc. (TMET) is unchanged trading at $0.13 per share as of 12:16 p.m. ET
Torr Metals (TMET) has defined a new copper mineralization footprint at the Dalvenie Zone at the Latham Project in British Columbia.
The company stated it has results for 722 historical soil samples taken within the zone that has defined a 2.1 kilometres mineralized footprint with less than 100 parts per million copper. Within this footprint, Torr Metals shared it found four highly anomalous copper soil anomalies which have the potential to increase.
“Our historical compilation work within the highly prospective Dalvenie Zone has been very successful in identifying undrilled targets… The consistency in surface geochemistry with multiple paralleling soil and rock grab sample anomalies suggests the Dalvenie Zone contains a robust copper-gold system that could be a considerable new discovery adjacent to Highway 37, providing significant upside potential to our imminent 2022 inaugural drill program,” Malcolm Dorsey, President and CEO of Torr Metals, said.
According to the company, the four highly anomalous soil trends will either extend or be parallel to known copper-gold mineralization identified at the surface in historical samples that yielded assays with modest copper and gold grades.
Soon the company will complete a geophysical survey that will de-risk the planned 2022 drilling and allow for the first targeting of potential subsurface geophysical anomalies at the Dalvenie Zone, providing a potentially significant opportunity for new large-scale discoveries.
Torr Metals Inc. (TMET) is unchanged trading at $0.13 per share as of 12:16 p.m. ET.