Torq Trenches 34 Metres of 0.89 g/t Gold and 0.22% Copper in the Falla 13 Discovery Area at Margarita, Provides Financing and Corporate Updates

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[{"type":"text","content":"Torq Trenches 34 Metres of 0.89 g/t Gold and 0.22% Copper in the Falla 13 Discovery Area at Margarita, Provides Financing and Corporate UpdatesVANCOUVER, BC / ACCESSWIRE / December 5, 2023 / Torq Resources Inc. (TSXV:TORQ),(OTCQX:TRBMF) (\"Torq\" or the \"Company\") is pleased to announce the results of a trenching program at its Margarita iron-oxide-copper-gold (IOCG) project located approximately 65 kilometres (km) north of the city of Copiapo in Chile (Figure 1). The purpose of the trenching program was to further define the geometry of the mineralization at the Falla 13 discovery area as well as to evaluate undrilled target areas in the northern half of the project. The trenching program consisted of 443.5 metres (m), primarily along road cuts and drill platforms created during the phase III drill program. Trench 23MRT-001 intersected 34 m of 0.89 g/t gold and 0.22% copper along a prominent west-northwest structure that links the Falla 13 discovery area to the recently announced second discovery where 42 m of 1.1 g/t gold and 0.48% copper was intersected in drill hole 23MAR-031R (see October 18, 2023 news release) (Figure 2).Trenching Technical Discussion:The mineralized west-northwest structure that trench 23MRT-001 crossed was previously drilled in the Company's phase II drill program last year, when 30 m of 1.02 g/t gold and 0.57% copper (88 m - 118 m in depth) was intercepted within a larger interval of 130 m of 0.36 g/t gold and 0.28% copper in drill hole 22MAR-023R (see November 28, 2022 news release) (Figures 2 - 3). Trench 23MRT-001 is the most significant result from the trenching program as it demonstrates that the mineralization in drill hole 22MAR-023R continues to surface and has the potential to extend 1 km along the west-northwest structure (Figure 2). Table 1 below summarizes the highlights of the recently completed trench results.Table 1: Highlights from the Margarita trenching programTrench IDFrom (m)To (m)Length (m)Au (g/t)Cu (%)23MRT-0012458340.870.2223MRT-0092750.910.2123MRT-013122080.110.0123MRT-0150220.350.0323MRT-0160220.210.0923MRT-0200220.110.0523MRT-02141060.320.0623MRT-0220440.310.2123MRT-022162260.290.0523MRT-02781240.320.06Intervals - no less than 5m of >= 0.1 g/t Au, maximum consecutive dilution 6mMargarita Phase III Drill Results:The Company has also received the results from the remaining ...

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