- Torrens Mining (TRN) strikes high-grade gold mineralisation at the Goldie prospect within its Mt Piper Project in Victoria
- The company reported seven out of 13 reconnaissance rock chip samples taken from historical gold workings at the Goldie prospect returned high-grade gold results
- Torrens says systematic sampling and mapping is underway, with further results expected in December 2021 and January 2022
- Torrens Mining was up 3.33 per cent, trading at 15.5 cents at 2:10 pm AEDT
Torrens Mining (TRN) has struck high-grade gold mineralisation at the Goldie prospect within its Mt Piper Project in Victoria.
The company reported seven out of 13 reconnaissance rock chip samples taken from historical gold workings at the Goldie Prospect returned high-grade gold results.
Results included 19.15 grams per tonne (g/t) gold and 19.78 g/t gold.
“The rock chip results from the historical prospecting pits are highly encouraging and certainly confirm the presence of a gold mineralised system at Goldie,” said Managing Director Steve Shedden.
“These results, and the previously announced very strong gold-in-soil geochemical signature at Goldie, suggest that we are vectoring toward a potentially large mineralised system associated with the regional-scale Mt William Fault.”
The Goldie prospect is marked by a pronounced gold-in-soil anomaly identified by soil sampling undertaken by Torrens, along a previously unexplored trend of highly magnetic rocks.
Torrens said continued systematic sampling and mapping is underway, with further results expected in December 2021 and January 2022.
Torrens Mining was up 3.33 per cent, trading at 15.5 cents at 2:10 pm AEDT.