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Transaction Announcement Reports
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Project: | Zuleika | |
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Deposit: | Target 18, Target 19 | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 3/7/2017 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 7-3-2017: Torian Resources Ltd. announces an Exploration/Drilling Update report for its Target 18, Target 19 deposit at the Zuleika project. JV - Drilling results incl. 12m @ 2.44g/t Au from 36m. Torian Resources Ltd (ASX:TNR) (Torian or Company) is pleas | |
Resources: | x | |
CP/QP: | [Overall Report]: Matthew P. Sullivan (Jemda Pty Ltd.) | |
ABSTRACT: | Torian Resources Ltd (ASX:TNR) (Torian or Company) is pleased to provide further results from its recent drill program at the Zuleika JV Project. The drill program consists of a 4 phase program. The Phase 1 results comprising 7,277.9 metres and 137 holes of drilling from Targets 18 and 19 have now been received. The Zuleika JV project consists of 125 tenements covering approximately 223km2 north, and partly along strike, of several major gold deposits including the 7Moz Kundana operation. The Zuleika JV Project is located 40km northwest of Kalgoorlie and is accessed by well-maintained bitumen and all weather gravel roads. Matthew Sullivan, Torian’s Managing Director made the following comments: “These results are very encouraging and reinforce the geological interpretation, especially the definition of the targets on both contacts of the ultramafic unit, over a strike length of about 2-3km at Targets 18 and 19. The wide spaced nature of the holes means that these results are very encouraging and further work will be planned for Phase 2 exploration of these targets.” Torian’s next drilling program at Target 20, the north and south extensions to Paradigm, is a priority for the company.” | |
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