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Torque Metals (ASX:TOR) extends Paris gold zone to 900m in strike

ASX News, Materials
ASX:TOR      MCAP $18.25M
29 September 2022 17:01 (AEDT)

Sample collection at Paris project. Source: Torque Metals

Torque Metals (TOR) has received results from its fourth phase of drilling at its Paris project within the Boulder-Lefroy fault zone near Kalgoorlie, Western Australia.

The company said this final batch of reverse circulation drill results confirmed a shallow high-grade gold structure 300 metres east of the Paris pit.

Results from this structure include 12 metres at 3.2 grams per tonne (g/t) gold from 60 metres including three metres at 10.4 g/t gold.

The high-grade zone now extends for roughly 900 metres and remains open to the east, west and at depth.

“It gives me great pleasure to inform the market that the east-west high-grade gold structure at the Paris project continues to grow, having now been extended from 600 metres to 900 metres by successful drilling 300 metres east of the historic pit,” CEO Cristian Moreno said.

“The width and grade of mineralisation we are encountering is very significant when you consider the shallow depths, we are currently exploring at within the Paris gold corridor. Each drilling campaign is demonstrating the increasing potential at Paris.”

To date, Torque has drilled 32 holes for almost 3300 metres across the Paris, Paris South, Carreras and Pavarotti prospects.

Moving forward, the company will conduct follow-up drilling at the prospects and is already securing a diamond and RC rig. The program is scheduled to begin by November, subject to rig availability.

TOR shares ended the day 7.5 per cent in the red at 18.5 cents.

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