Torq Extends Margarita Iron-Oxide Copper-Gold Discovery 190 Metres to the North: 98 Metres of 0.94 G/T Gold and 0.68% Copper

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[{"type":"text","content":"Torq Extends Margarita Iron-Oxide Copper-Gold Discovery 190 Metres to the North: 98 Metres of 0.94 G/T Gold and 0.68% CopperVANCOUVER, BC / ACCESSWIRE / September 13, 2022 / Torq Resources Inc. (TSX-V:TORQ)(OTCQX:TRBMF) (\"Torq\" or the \"Company\") is pleased to announce that it has extended its initial discovery 190 metres (m) to the north at the Margarita Iron-Oxide Copper Gold (IOCG) project located in northern Chile, approximately 65 kilometres (km) north of the city of Copiapo. Drill hole 22MAR-014R intercepted 98 m of 0.94 g/t gold and 0.68% copper from 32 m - 130 m depth, successfully following up on the original discovery hole, 22MAR-013R, which intersected 90 m of 0.94% copper and 0.84 g/t gold (see May 2, 2022 news release) (Figure 1). The phase II drill program, consisting of 11 drill holes totaling approximately 4,000 m, has been completed and results will be forthcoming in the coming weeks.A Message from Shawn Wallace, CEO & Chair:\"We are extremely pleased to be able to confirm and expand upon the widths and grades of the new discovery at the Margarita project that we announced earlier this year. We also have several more exciting drill holes that we are waiting to obtain results from and will release once available. With the continued success at Margarita, coupled with our recent success in obtaining a community agreement for the Santa Cecilia project, all shareholders and stakeholders of Torq are in for an exciting next twelve months.\"A Message from Michael Henrichsen, Chief Geological Officer:\"We believe we have identified a robust mineralized system at Margarita, with our second drill hole into the Falla 13 discovery zone returning a long, consistent intercept of nearly 1 g/t gold and 0.68% copper over 98 metres. We remain impressed by the high gold content in the mineralization encountered to date and believe that additional gold bearing structures identified on the property will develop into new targets, even further adding to the potential of the property. We look forward to planning the next phase of drilling along the Falla 13 structural corridor and testing new targets.\"Table 1: Summary of drill resultsHole IDFromToLengthCu %Au g/tAu g/tCu % 0.2% Cu Cutoff10.1 g/t Au Cutoff222MAR-014R1632160.410.05--3213098--0.940.68525860.320.60--74124501.180.81--1801844--0.130.06Intervals - no less than 5m of &g...

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