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Torian Resources Ltd.

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Summary

Project:

Mt Stirling

Deposit:Mt Stirling
Location:Australia
Commodities:Gold
Date:6/9/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:9-6-2020: Torian Resources Ltd. announces an Exploration/Drilling Update report for its Mt Stirling deposit at the Mt Stirling project. Drilling results incl. 8m @ 4.49g/t Au from 187m. Torian Resources Limited (Torian or the Company is pleased to advise
Resources:
CP/QP:[Overall Report] Dennis Fry (Desert Storm Resources Pty Ltd.)
ABSTRACT:Torian Resources Limited (Torian or the Company is pleased to advise outstanding initial results from its Phase 1 RC drilling program focused on discovering depth extensions to historical gold intercepts at the Mt Stirling Gold Deposit (Figure 1). RC hole MSRC‐025 contains over 240m of continuously mineralised rocks consisting of quartz‐pyrite‐ carbonate having anomalous gold values and ore grade intersections of up to 33 g/t Au. Within this run there were two high grade sections: 4.00m @ 8.84 g/t (including 33.10 g/t over 1.0m) and 24.0m @ 1.26 g/t (including 2.89 g/t over 7.0m). The first intersection is a continuation of the 48 g/t over 2m intercepted in hole MSRC‐001 drilled in 2016, which until now had not been followed up (refer ASX release 28/4/20); whereas the second intercept correlates with the broader intercept, also observed in hole MSRC‐001, that returned a value of 2.99 g/t over 35m (Figure 1). See Table 1 for a full breakdown of all intercepts for MSRC‐ 025.

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