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Torian Resources Ltd.
Summary
| Project: | Zuleika | |
|---|---|---|
| Deposit: | Target 18 | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/3/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-5-2018: Torian Resources Ltd. announces an Exploration/Drilling Update report for its Target 18 deposit at the Zuleika project. Drilling results incl. 11m @ 5.33g/t Au from 36m. Torian Resources Ltd (Torian or Company) (ASX:TNR) is pleased to advise tha | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Matthew P. Sullivan (Internal) | |
| ABSTRACT: | Torian Resources Ltd (Torian or Company) (ASX:TNR) is pleased to advise that encouraging RC drilling results at Target 18 at the Zuleika Project have been received. The programme consisted of 20m by 40m spaced angled RC drill holes testing a strike length of 200m. These holes were designed to follow up previous RAB drilling conducted by the Company. The best previous result was from hole ZRB437 which intersected 12m @ 2.44g/t Au from 36m. This was announced to the market on 22nd of September 2016. Target 18 is located along a structural bend in the ultramafic unit that stretches over at least 33km from south of the Blue Funnel deposit to northwest of Browns Dam. There are many significant historic and current open pits, underground mines and prospects along this unit, including Blue Funnel, Broad’s Dam, Johnson’s Rest Bullant, Wattlebird, Hawkins Find, Porphyry, etc. These zones of mineralisation are characterised by shearing, alteration and quartz veining. The Target 18 area is covered by up to 20m of transported cover. This masks all geochemical signatures in soil sampling, probably the reason why this zone has not been discovered in the past. Further drilling is planned for this area. | |
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