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Torian Resources Ltd.
Summary
| Project: | Mt Stirling | |
|---|---|---|
| Deposit: | Mt Stirling | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/28/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-4-2020: Torian Resources Ltd. announces an Exploration/Drilling Update report for its Mt Stirling deposit at the Mt Stirling project. Drilling results incl. 35m @ 2.99g/t Au from . Torian Resources Limited (Torian or the Company) is pleased to | |
| Resources: | ||
| CP/QP: | [Overall Report]: Dale Schultz (DjS Consulting) | |
| ABSTRACT: | Torian Resources Limited (Torian or the Company) is pleased to provide an update on progress of the Mt Stirling Gold Camp. Equipped with new geological concepts (ASX: 15 April 2020) that have been further elaborated on in this announcement, Torian is planning an aggressive new wave of exploration programs for the Mt Stirling land position (Figures 5 and 6). The land position will be divided into two blocks. 1) Stirling Block and 2) Diorite Block During re‐examination of the data it was realized that there were a number of deeper intersections in the Stirling system that had not been followed up and that are open to depth. It has become evident that these intersections contain broad envelopes of halo gold mineralisation associated with higher‐grade intersections. The best intersection appears within RC hole MSRC001 returning an intercept of 2.99 g/t over 35m including 48.00 g/t over 2m (see section in Figure 1 and plan view in Figure 2). A similar intersection is seen in MSRC002 yielding an intercept of 0.71 g/t over 39m including 2.09 g/t over 4m. Re‐examination also reveals an additional open intersection contained within hole MSRC024 located 350 m southeast of the main zone of mineralisation. This intercept yielded 2.34 g/t over 10m including 5.10 g/t over 2m. This intersection also appears to be spatially associated with the higher‐grade rock chip results and were both commented upon in ASX announcement of 29 January 2020. | |
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