The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Torian Resources (TNR) will begin its phase two drilling program at the Mt Stirling Project this quarter
  • This 5000-metre phase two program will aim to test the depth and strike extent of the project’s existing JORC inferred resource
  • This program follows on from a recently completed phase one program which tested the continuity of the Stirling Main Zone along length and at depth
  • Torian has ended the day with no change and shares are trading for 1.8 cents each

Torian Resources (TNR) will begin its phase two drilling program at the Mt Stirling Project this quarter.

Mt Stirling is located 40 kilometres northwest of Leonora in Western Australia.

This 5000-metre phase two program will aim to test the depth and strike extent of existing JORC inferred resource of 1.45g/t gold for 33,900 ounces.

Now, Torian will drill around this resource with aims to expand it.

This program follows on from a recently completed phase one program which tested the continuity of the Stirling Main Zone along length and at depth.

Drilling was also completed at the South Zone to identify if any sub-surface mineralisation was present.

This phase one program gave Torian additional pathfinder elements to follow up on as it confirmed that the resource continues at depth and along strike.

Phase two will also see Torian drill in and around the Stirling Well deposit with aims to define extensions to the mineralisation.

Torian has ended the day with no change and shares trading for 1.8 cents each in a $9.79 million market cap.

TNR by the numbers
More From The Market Online
Image of a lithium brine project

Pantera begins drilling of maiden test well at Smackover

Pantera Minerals Ltd has commenced drilling of its first test well at the Smackover Lithium Brine…
The Market Online Video

Rick Rule looks ahead to U.S. election’s outcome and impact on energy

Rick Rule, president and CEO of Rule Investment Media, joins The Market Online in the above video to share his
Image representing the stock market

Yancoal Australia reports strong Q3 financials

Yancoal Australia (ASX:YAL) has reported strong Q3 financial results, revealing the company had a cash balance increase of $430...
Golden bars in a mine

Australian Gold and Copper reports high grade results at Achilles

Australian Gold and Copper (ASX:AGC) has reported high-grade results from its Achilles discovery in central NSW.