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Torian Resources Ltd.
Summary
| Project: | Zuleika | |
|---|---|---|
| Deposit: | Zuleika | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/15/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-6-2016: Torian Resources Ltd. announces an Exploration/Drilling Update report for its Zuleika deposit at the Zuleika project. JV with Cascade Resources Ltd. - drilling results incl. 1m @ 1.67g/t Au from 52m at Target 10. Torian Resources Ltd (ASX:TNR)( | |
| Resources: | x | |
| CP/QP: | [Overall Report]: MP Sullivan (Jemda Pty Ltd.) | |
| ABSTRACT: | Torian Resources Ltd (ASX:TNR)(Torian or Company) is very pleased to update the market on its recent drilling at Targets 10-17 at its Zuleika JV project in the Goldfields region of Western Australia. Torian has recently completed Phase 1 of a large 4 Phase drilling campaign. Phase 1 consisted of 36,500m of RAB and RC drilling targeting the Zuleika Shear and its associated structures. Commenting on the results Torian’s Managing Director, Matt Sullivan said: “These results show that our ground is highly prospective for large gold deposits. This Zuleika Shear has experienced unprecedented exploration and corporate activity to date and with the second largest landholding in this region Torian is in an excellent position to capitalise on this.” Torian is very encouraged by the level of corporate activity surrounding its Zuleika project and note that there has been over $1 billion dollars of acquisitions in the region in the last few years. | |
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