- Torian Resources (TNR) confirms gold mineralisation at multiple targets in and around the Tyrannus prospect within the Mt Stirling gold project in WA
- TNR has identified mineralisation over 600 metres following auger vacuum drilling which has proven to be an effective and cost-efficient method
- To follow up on these results, Torian plans to drill 36 holes — 16 of which will test 12 interpreted target strike zones
- TNR’s shares are up 3.57 per cent to trade at 2.9 cents at 12:33 pm AEST
Torian Resources (TNR) has confirmed gold mineralisation at multiple targets in and around the Tyrannus prospect within the Mt Stirling gold project in Western Australia (WA).
Mineralisation at the prospect has been confirmed over 600 metres following auger vacuum arsenic-rich samples returning significant anomalous gold of up to one metre at 8.09 grams of gold per tonne (g/t) from one metre.
According to Torian, auger vacuum drilling is a low-impact and cost-effective method that provides very clean uncontaminated samples. These samples can be screened by pXRF for vectoring minerals and elements and contoured to map out elements and minerals of interest.
Executive Director Peretz Schapiro said the results continued to reaffirm the company’s exploration strategy.
“Our team has spent the past few months identifying targets by using our pXRF to identify surface arsenic anomalies, and have then followed up with targeted auger vacuum drilling,” he said. “This process ensures that when we do embark on a reverse circulation (RC) drilling campaign, it is highly targeted, thereby maximising our chances for success.”
Torian Resources plans to undertake a 36-hole RC drilling program to follow up on these results, with 16 holes to test 12 interpreted target strike zones.
The company is also waiting on further results from drilling at other prospects within the Mt Stirling gold project.
TNR’s shares are up 3.57 per cent to trade at 2.9 cents at 12:33 pm AEST.