Mining

Torque Metals reveals high-grade mineralised zones at Paris gold camp

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By Imelda Cotton - 
Torque Metals ASX TOR mineralised zones Paris gold camp
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Initial assay results from drilling at Torque Metals’ (ASX: TOR) wholly-owned Paris gold camp southeast of Kalgoorlie have revealed high-grade gold mineralised zones at the Paris and Observation prospects.

First-pass diamond drilling of four holes intersected multiple intervals with best results including a bonanza 1.2 metres at 185 grams per tonne gold from 174.7m.

At Paris, the company encountered multiple, highly-altered fault regions with abundant sulphides and quartz veining over significant widths while at Observation, a single diamond hole located a novel and shallow vein-hosted, structurally-controlled interval.

Best assays

Best diamond drilling assays were 2.49m at 40.6g/t gold from 167.8m and 4.44m at 20.82g/t gold from 170.3m within 35m at 14.12g/t from 157.85m; 1.04m at 83.59g/t gold from 181.34m within 14.76m at 7.6g/t from 168.13m; and 3m at 12g/t gold from 19m within 16m at 2.73g/t from 18m.

A subsequent three diamond holes for 322m tested extensions of the mineralised structure to the west of Paris prospect.

A reverse circulation program comprising 52 holes for 6128m included a combination of extensional and infill drilling at Paris and Observation as well as the HHH target.

Assays for that program are pending.

High-grade zones

Managing director Cristian Moreno said the maiden campaign at Paris and Observation confirmed the existence of high-grade zones in all holes.

“The work produced impressive intercepts as part of a wider mineralised zone at the Paris target which highlights the substantial presence of gold within the Paris gold camp,” he said.

“Diamond core samples are currently undergoing metallurgical analysis and we expect the results to be available during the current quarter.”

Continued exploration

Torque is believed to be well-funded for continued exploration at Paris to enhance the scale of the gold project, which is located 12 kilometres southeast of the St Ives gold mine owned by Gold Fields and 10km east of the Higginsville operation owned by Karora Resources.

“We have submitted a program of works for an upcoming drilling phase and we expect to resume drilling operations as soon as feasible,” Mr Moreno said.