VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 13, 2017) - Torq Resources Inc. (TSX VENTURE:TORQ) ("Torq" or the "Company") is pleased to announce the initiation of its 2017 exploration program in Newfoundland, Canada. Torq controls 120,000 hectares in the central and eastern regions of the province (see Figure 1), consisting of four road accessible claim blocks. Three of the blocks extend along the northeast trend of Marathon Gold's Valentine Lake discovery. The fourth claim block is situated along the structural corridor known as the Gander trend that is characterized by numerous high-grade gold occurrences.
In November 2016, Torq initiated property wide exploration with a focus of generating gold targets along major structural corridors. The Company has collected and assayed 1,054 glacial till samples to date and expects to collect an additional 1,900 samples by the end of June. This systematic geochemical sampling represents the first stage of exploration across Torq's land position. Follow-up surface work to develop drill targets will be scheduled for Q3 and Q4 of 2017.
The initial results from the 2016 sampling identified a number of robust gold-in-till anomalies across each of Torq's claim blocks (see Figures 2 & 3). In the Gander Block, four gold-in-till anomalies have been identified within a crustal scale structural corridor that is targeting high-grade gold vein deposits (see Figure 2). Sampling is 15% complete across the Gander Block and Torq is highly encouraged with these initial results. Within the Quinn, Millertown, and Frenchman Blocks (see Figure 3), the newly identified gold-in-till anomalies are targeting bulk tonnage style mineralization.
Michael Kosowan President and CEO stated: "We are excited to explore what is quickly becoming a significant Canadian gold jurisdiction. Torq is well financed with over $17 million in its treasury and has assembled an experienced and successful technical team who are focused on discovery and evaluating projects globally. Newfoundland is a first step in our goal of building a world class exploration portfolio."
Michael Henrichsen, P.Geo, COO of Torq Resources, is the Qualified Person who assumes responsibility for the technical disclosures in this press release.