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Torr Identifies 6 New Gold Bearing Structures With Soil Samples Up to 1.32 g/t Au on the Filion Project
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2024) - Torr Metals Inc. (TSXV: TMET) ...
About this update from Torr Metals Inc
[{"type":"text","content":"Torr Identifies 6 New Gold Bearing Structures With Soil Samples Up to 1.32 g/t Au on the Filion ProjectVancouver, British Columbia--(Newsfile Corp. - January 15, 2024) - Torr Metals Inc. (TSXV: TMET) (\"Torr\" or the \"Company\") is pleased to announce the identification of multiple new gold (Au) anomalies in humus soil sampling with assays yielding up to 1.32 g/t Au that have never been drill tested. The soil anomalies occur coincident with six kilometre-scale VLF-EM (very low frequency electromagnetic) conductors interpreted as significant shear structures with northeast-southwest and east-west orientations that occur within a >7 kilometre (km) dilational bend of the Filion Fault, defined by a break in the linear east-west trending high magnetic signature associated with magnetically susceptible stratigraphy (Figure 1, Figure 2). Fieldwork in 2023 also confirmed in localized outcrop that VLF-EM conductors and soil anomalies occur coincident with highly prospective stratigraphic contact zones for gold endowment, including mafic volcanics and quartz-feldspar porphyry that account for the underlying linear moderate to high and flanking low magnetic anomalies respectively (Figure 2). Within the regional greenstone belts of northern Ontario early syn-volcanic aged gold deposits (Figure 3; including Hemlo, Greenstone, Casa Berardi, Detour Lake) are commonly found within major east-west trending deformation zones with a similar setting to the Filion Fault with chief emplacement controls for gold consisting of dilational bends as well as competency contrasts along major stratigraphic contacts. Both of these characteristics have now been identified on the Filion Project together with coincident VLF-EM conductors and gold soil anomalies that remain open in all directions and untested by drilling.The 100% owned Filion Gold Project (the \"Project\") is located within a prolific region of northern Ontario that hosts a number of major gold mine producers with deposits occurring in comparable geological settings (Figure 3). The Project is ideally situated adjacent to excellent infrastructure with the town of Kapuskasing located ~30 km to the southeast and direct road access 4 km from the Trans-Canada Highway, regional railway, and provincial power grid.Highlights Include:2023 humus soil samples detected multiple gold (Au) soil anomalies c...