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Smallcap explorer Torque Metals (ASX:TOR) has been catching eyes on the HotCopper forums on Monday morning after its targeting model helped spot a standout intersection at one of the Paris deposit’s major holes.
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A new gold intercept was uncovered around 50 metres south of Torque’s last high-grade results in hole 25PRC163, the company confirmed today.
That discovery comes alongside top results from step-out drilling at Paris, including six metres at 11.7 grams per tonne gold from 254 metres, in a broader interval of 15 metres at 5g/t gold from 253m (vertical depth 219m).
The results – and the lode discovery – are a “strong endorsement” on Torque’s targeting model, managing director Cristian Moreno declared.
“Our strategy of integrating structural geology, in-house geological modelling and high resolution geophysics is delivering repeated success,” the explorer’s boss explained to shareholders on Monday.
“[Now] Torque is only just beginning to unlock this high-grade gold system.”
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“The consistent correlation between pyrrhotite-associated gold shoots and our DHEM conductor plates means that we now have a powerful predictive tool to guide further step-outs,” Mr Moreno continued. This will immediately be deployed on 15 untested plates across the deposit’s southern area.
The lode is parallel to the Paris West lode that Torque has already been working on.
TOR heads into Monday’s early trading session at 30.5cps.
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