- Torian Resources (TNR) is continuing to uncover notable historic gold assays relating to its Mt Monger-Wombola project in West Australia
- After reviewing more than 31,000 metres of historic drilling records, the company has noted a number of shallow-hit assays from the site’s Rummy and Andromeda prospects
- At Rummy, previous intersects included 2.88 grams per tonne of gold across two metres, starting just 31 metres down
- Comparably shallow intersects were also previously hit at the Adromeda prospect, including a five-metre assay grading at 1.06 grams per tonne of gold starting from 32 metres downhole
- Meanwhile, assays from the ongoing drill program at Torian’s flagship Mt Stirling property are expected to arrive in the coming weeks
- Torian Resources closed 3.03 per cent up for 3.4 cents per share
Torian Resources (TNR) is continuing to uncover notable historic gold assays relating to its Mt Monger-Wombola project in West Australia.
After reviewing more than 31,000 metres of historic drilling records, Torian has noted a number of compelling shallow-hit assays from the site’s Rummy and Andromeda prospects.
At Rummy, previous drilling intersected 2.88 grams per tonne of gold across two metres, starting just 31 metres down. Similarly, the previous exploration effort hit 1.89 grams per tonne over 1 metre, from just 28 metres downhole.
Comparably shallow intersects were also previously hit at the Adromeda prospect, including a five-metre intersect grading at 1.06 grams per tonne of gold starting from 32 metres.
The property is located near Silver Lake Resources’ (SLR) Mt Monger Miner, which has produced more than 1.67 million ounces of gold during its 30 years in operation.
Torian Executive Director Peretz Schapiro said his team remains encouraged by the steadily increasing number of high grade gold intercepts uncovered in the historic data.
“The volume of data that has now been analysed and interpreted, puts us in a position to make an informed decision as to how a forthcoming exploration program will best unlock value for our shareholders from our Mt Monger Gold Project,” he added.
Meanwhile at Torian’s flagship Mt Stirling property, the current drill program remains ongoing. The company has thus far drilled around 3300 metres across 18 of the 31 planned drill holes.
After facing laboratory delays due to the high volume of drilling in the region, assays from the program are expected in the coming weeks.
The 5000-metre program is currently on track to complete in two to three weeks’ time.
Torian Resources closed 3.03 per cent up for 3.4 cents per share.