Torque Metals sitting on ‘world-class’ gold deposit at Paris
September 28, 2023 at 12:51 am IST
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Torque Metals Ltd (ASX:TOR) managing director Cristian Moreno tells Proactive he believes the company has a first-class emerging gold camp at the Paris Project in Western Australia after independent sighter metallurgical testing on samples from the Paris and Observation deposits returned gold recovery results described as "exceptional". A total of 61 interval samples from three diamond holes at Paris and 22 samples from one hole at Observation were used in the testing managed by Independent Metallurgical Operations Ltd (IMO). Meanwhile he says diamond drilling at the New Dawn Lithium Project is well underway and progressing well with initial core samples already dispatched to the laboratory.
“This first metallurgical characterisation of Torque’s Paris and Observation gold prospects is indeed vindication of the company’s view that it holds a first-class, emerging gold project,” Moreno said.
“Benefits from the inaugural diamond drill campaign, as initially revealed by assays and now reinforced by IMO’s metallurgical analysis, are being realised.
“Very high gold recoveries through standard cyanide leaching show the benign, free-milling mineralogy.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Torque Metals Limited is an Australia-based smart exploration company. The Company is focused on applying advanced geoscience and artificial intelligence (AI)-powered smart exploration to unlock mineral deposits. Its projects include Paris Gold Project, New Dawn Lithium Project and Penzance Nickel Project. Its Paris Gold Project covers approximately 200 square kilometers (km2) of area in the Western Australian Gold Fields. It comprises nine granted mining leases, two prospecting licenses, three exploration licenses. The Penzance Camp is prospective for lithium, gold and nickel and is located along the strike south of the St Ives Gold Mine. Its Penzance Exploration Camp, extending over approximately 800 km2, includes 12 wholly owned, development-ready, pre-native title mining, 4 prospecting and 26 exploration licenses (7 under application) approximately 30km east of Widgiemooltha in Western Australia. The New Dawn Lithium Project occupies two pre-native title, granted mining licenses.