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Transaction Announcement Reports
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Project: | Zuleika | |
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Deposit: | Paradigm South | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 7/10/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 10-7-2018: Torian Resources Ltd. announces an Exploration/Drilling Update report for its Paradigm South deposit at the Zuleika project. Drilling results incl. 8m @ 3.14g/t Au from 100m. Torian Resources Ltd (Torian or Company) (ASX:TNR) is pleased to anno | |
Resources: | x | |
CP/QP: | [Overall Report]: Matthew Sullivan (Jemda Pty Ltd.) | |
ABSTRACT: | Torian Resources Ltd (Torian or Company) (ASX:TNR) is pleased to announce assay results at Paradigm South at its flagship Zuleika Project. Torian hasrecently completed 7 holes for 888 metres of an RC drill program at Paradigm South, which is part of the Company’s phase 2 of planned exploration. The results are from the initial 4m composite taken from the RC drilling at Paradigm south. Drilling is continuing. The above-highlighted holes are very encouraging, given the 400m hole spacing. The recent program was based upon results from the recently announced (9th April 2018) initial reconnaissance RC drilling program, which focussed on sampling the oxide zone of numerous targets. The initial oxide RC drilling program confirmed the company geological model for Paradigm South and the continuation of the geology as seen to the north on Northern Star Resources Ltd (ASX:NST) Paradigm project. The results demonstrated an anomalous 1.3km strike length. The Paradigm area lies in the northern portion of the Zuleika Project. The area is located along strike to the south of Northern Star’s (ASX:NST) historic Paradigm gold mine. There is only limited and very wide spaced (160m by 80m) shallow (generally 30-40m deep) historic RAB and aircore drilling in this area. | |
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