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Torian Resources (ASX:TNR) to begin phase two drill program at Mt Stirling

Mining
ASX:TNR
20 July 2020 17:30 (AEST)

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.

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