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Torian Resources Ltd.

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Summary

Project:

Mt Stirling

Deposit:Mt Stirling, Mt Stirling Well
Location:Australia
Commodities:Gold
Date:2/25/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:25-2-2019: Torian Resources Ltd. announces a Resource Estimation report for its Mt Stirling, Mt Stirling Well deposit at the Mt Stirling project. Updated mineral resource estimate at project. In late November 2018 Torian Resources Ltd (ASX:TNR) (“TNR” or
Resources:
CP/QP:[Resources]: Lyndal Money (Internal)
ABSTRACT:In late November 2018 Torian Resources Ltd (ASX:TNR) (“TNR” or the “Company”) commissioned consultants BM Geological Services Pty Ltd (“BMGS”), to provide independent estimates of gold exploration targets at Torian’s gold prospects. The TNR technical team have reviewed and verified the BMGS reports for Mt Stirling and Mt Stirling Well Prospects within the Mt Stirling Project, and Dumbarton and Dover Castle Prospects within the Malcolm Project. Following successful exploration programs completed during the period 2016 - 2018, the Company has updated Resource Estimates for the Mt Stirling and Malcolm projects. Table 1 outlines the results of the estimation. This work was commissioned to provide an independent examination of TNR projects and included looking at results of various drill programmes both historical and carried out by TNR, also geological mapping, data capture and interpretation and other exploration methods. The results are being used to assist the Company in prioritising its future exploration strategy. All available data from recent and previous exploration drilling has been compiled for the purpose of updating Resources Estimates and defining Exploration Targets in the Leonora Region (Refer to ASX releases including those dated 10th December 2014, 3rd March 2016, 24th August 2016, 20th September 2016, 14th October 2016, 18th November 2016, 22nd September 2017, 21st December 2017 and 4th April 2018).

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