o High priority targets at Tyrannus (assays received);
o Hydra (assays received);
o Estera (high grade Au assays received);
o Stirling Well extension;
o Mt Stirling / Viserion extension (in-progress with high grade Au assays received); and
o Skywing gold targets (in-progress)
The Company anticipates releasing further results from its ongoing drilling campaign throughout the rest of January and February, with samples from multiple drill holes already at the lab pending analysis in addition to results from future planned drilling.
An additional ~5,000m of AV drilling is currently underway to vector and expand the footprint of high-ranked regional
A key priority of the current drilling campaign has been to target the shallow portion of the Mt Stirling/Viserion gold deposit to be drill defined to JORC 'Indicated' category (~880m strike x ~125m depth) from surface 425m down to 300mRL. The Company anticipates that this is likely to increase the global project Au grade, expand the resource base and provide valuable data and confidence to a 2022 Q1 Optimisation Study.
As already disclosed to the market, an updated global MRE for the
In an effort to expedite the drilling programme the Company has secured the services of three drilling contractors currently drilling throughout this month. Two are presently onsite and a third is mobilised. This is in addition to an AV rig currently actively drilling on site.
As has already been disclosed to the market, the Company has secured the services of Minecomp to conduct a pit optimisation study, to assess the economics and unlocking value from the Mt Stirling / Viserion gold system.
Torian Executive Director Mr
The continued receipt of positive results indicate that updated global MRE may significantly increase the size of the Mt Stirling / Viserion resource as well as upgrade a significant portion of it to the JORC Indicated category.
We are also eagerly awaiting the results from the AV drilling over the yttrium anomaly at Mt Stirling Central. Since discovery, pXRF analysis has continued to extend the strike of this surface anomaly footprint making it potentially larger than initially thought.
Torian to present at Sharecafe's 'Hidden Gems' webinar on Friday the 21st of
https://tinyurl.com/3j9dfxxz
*To view results, tables and figures, please visit:
https://abnnewswire.net/lnk/54ECPONI
About
Torian's flagship project, Zuleika, is located along the world-class
Torian's other projects include the strategically located Mt Stirling and Malcolm Projects in the Leonora region (near
Contact:
Executive-Director
info@torianresources.com.au
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