Torq Options Andrea Copper Porphyry Project in Chile
VANCOUVER, BC / ACCESSWIRE / May 25, 2021 / Torq Resources Inc. (TSXV:TORQ)(OTCQX:TRBMF) ("Torq" or the "Company") is pleased to announce that it has successfully acquired the option to earn a 100% interest in the Andrea copper porphyry project located in northern Chile, 100 kilometres (km) east of the city of La Serena. The property is located at the western margin of the Miocene aged El Indio belt that hosts the world-class El Indio and Pascua Lama epithermal gold and silver deposits (Barrick Gold Corporation) (Figure 1). This belt was extensively explored for precious metal epithermal deposits in the 1980s - 1990s, but remains highly under-explored for copper porphyry systems.
A Message from Shawn Wallace, Executive Chair & Director:
"We are very pleased to announce the closing of our second acquisition this year. The Andrea aquisition represents an important step in our stated goal of populating the Company's portfolio with highly leveraged copper and gold projects. Exploration at the Margarita copper-gold project, and now Andrea, will provide the Company, its shareholders and stakeholders with an exciting and potentially rewarding year as we rapidly advance both projects to drilling."
- Published: 25 May 2021
- Written by Editor