Torr Metals Inc. announced the identification of multiple new gold (Au) anomalies in humus soil sampling with assays yielding up to 1.32 g/t Au that have never been drill tested. The soil anomalies occur coincident with six kilometre-scale VLF-EM (very low frequency electromagnetic) conductors interpreted as significant shear structures with northeast-southwest and east-west orientations that occur within a >7 kilometre (km) dilational bend of the Filion Fault, defined by a break in the linear east-west trending high magnetic signature associated with magnetically susceptible stratigraphy. Fieldwork in 2023 also confirmed in localized outcrop that VLF-EM conductors and soil anomalies occur coincident with highly prospective stratigraphic contact zones for gold endowment, including mafic volcanics and quartz-feldspar porphyry that account for the underlying linear moderate to high and flanking low magnetic anomalies respectively.

Within the regional greenstone belts of northern Ontario early syn-volcanic aged gold deposits are commonly found within major east-west trending deformation zones with a similar setting to the Filion Fault with chief emplacement controls for gold consisting of dilational bends as well as competency contrasts along major stratigraphic contacts. No soil anomalies >20 ppb Au have ever been drill tested and more than 75% of the highly prospective 28 conductors located within the >7 km dilational bend in the Filion Fault remain untested by humus soil sampling. Mineralization becomes more robust in grade and distribution where east-west trending conductors are concentrated along the interpreted Filion Fault; where significant shear systems were observed in outcrop together with extensive arsenopyrite-pyrite mineralization within quartz-carbonate stockwork and veining that is also host to chlorite-sericite-silica-fuchsite alteration, characteristics that in other regions of Ontario yield significant gold deposits.

Torr is currently in the process of applying for a drill permit to test these targets in 2024. Field mapping of rare outcrop in 2023 confirmed the historically-reported host lithologies as well as styles of alteration and mineralization that identifies the Filion Project as an area conducive to gold endowment, that with a thin veneer of till cover is also an ideal setting for humus soil sampling methods. The 2023 Filion Project humus soil sampling results were highly anomalous for coincident gold (predominantly ranging from 5 to 1,320 ppb Au), arsenic (2 to 65 ppm), and molybdenum (1 to 4 ppm).

Arsenic (As) and molybdenum ("Mo") are considered indicators for gold mineralization in humus sampling over thin till overburden at the Williams Gold Mine, part of the Hemlo Mining Camp; where previous studies yielded gold from 2 to 75 ppb, arsenic from 4 to 12 ppm, and molybdenum from 0.5 to 3.7 ppm; higher values correlated to known mineralized gold zone trends identified in outcrop4. Historical Drill Hole DH 88-7.