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
TSX Venture   Mining   Project Update  
Read more: Torq Resources ( TORQ )

District Intersects 8.2 m at 10.3% Zinc, 4.5% Lead, 66.2 g/t Silver, 1.7 g/t Gold, and 0.08% Copper at Tomtebo Property

Vancouver, British Columbia--(May 25, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report assay results for the first three drill holes from the maiden drilling program at the high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden.
 
The first three drill holes at Tomtebo have successfully encountered significant semi-massive to massive polymetallic sulphides. Drill hole TOM21-001 was drilled at the Steffenburgs zone, and holes TOM21-002 and -003 targeted the Oscarsgruvan zone with the following drill assay highlights:
 
TOM21-001 intersected 8.2 m at 10.3% Zn, 4.5% Pb, 66.2 g/t Ag, 1.7 g/t Au, and 0.08% Cu (65.3 to 73.5 m) including 3.2 m at 17.8% Zn, 8.3% Pb, 124.4 g/t Ag, 1.6 g/t Au and 0.07% Cu (70.3 to 73.5 m).
Published: 25 May 2021
Written by Editor
TSX Venture   Mining   Drill Results  
Read more: District Metals Corp ( DMX )

Chakana Advances Resource Definition Drilling with Multiple High-Grade Intercepts

Soledad Project Highlights Include:
 
Huancarama East - four holes with high-grade intercepts, including 134.3m of 0.92 g/t Au, 0.86% Cu, and 80.7 g/t Ag (2.15% Cu-eq) from 119.7m depth;
Paloma East - five holes with strong grades, including 126.1m of 0.91 g/t Au, 0.20% Cu, and 11.6 g/t Ag (0.89% Cu-eq) starting at surface;
Paloma West - two holes with high grades, including 101.0m of 0.53 g/t Au, 1.01% Cu, and 41.5 g/t Ag (1.71% Cu-eq) starting at surface.
 
Vancouver, British Columbia--(May 25, 2021) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana"), is pleased to provide results from eleven in-fill holes totaling 2,873.7m from the Huancarama, Paloma East, and Paloma West tourmaline breccia pipe discoveries at its Soledad project, Ancash, Peru (Table 1). Drilling continues as part of a fully-funded 26,000m exploration and resource drilling program planned for 2021 (Fig. 1).
Published: 25 May 2021
Written by Editor
TSX Venture   Mining   Drill Results  
Read more: Chakana Copper Corp. ( PERU )

Osisko Metals Announces Final Results From Winter Drill Campaign

MONTRÉAL, May 18, 2021  -- Osisko Metals Incorporated (the "Company" or "Osisko Metals") (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce the final results from the winter drilling program at its Pine Point Project, located in the NWT.
 
The shallow mineralization reported herein is from two multi-purpose drill holes used for in-fill drilling and ongoing hydrogeological investigations. These holes are located within the R67 deposit in the South Trend and the periphery of the W85 Prismatic deposit in the Project’s North Trend (see Map 1 & Table 1).
 
Drill hole R67-21-PP-001 intersected 6.67 metres grading 14.87% Zn and 0.40% Pb (15.27% Zn+Pb) as well as 7.00 metres grading 13.84% Zn and 4.24% Pb (18.08% Zn+Pb) in the R67 deposit.
Drill hole W85-21-PP-001 intersected 3.00 metres grading 7.65% Zn and 1.56% Pb (9.21% Zn+Pb) outside of the in-pit resources at the W85 deposit, peripheral to Prismatic mineralization in the core of the deposit.
Published: 18 May 2021
Written by Editor
TSX Venture   Drill Results  
Read more: Osisko Metals ( OM )

Filo Mining Reports 858m at 1.80% CuEq; Discovers New High-Grade Feeder Zone at Filo del Sol

VANCOUVER, BC, May 13, 2021  - Filo Mining Corp. (TSXV: FIL) (Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) ("Filo Mining", or the "Company") is pleased to announce the discovery of a significant new zone of high-grade copper, gold and silver mineralization at the Filo del Sol project in San Juan province, Argentina. PDF Version.
 
Highlights are listed below, along with accompanying figures:
 
Drillhole FSDH041 has returned the longest high-grade intersection to date in what is interpreted to be one of the feeder zones to the high-sulphidation epithermal ("HSE") mineralization.
FSDH041 returned 163m at 5.43% CuEq (2.31% Cu; 2.07g/t Au; 183.0g/t Ag) from 780m depth within a broader interval of 858m at 1.80% CuEq (0.86% Cu; 0.70g/t Au; 48.1g/t Ag) from 188m depth. The hole ended in mineralization, with the final 20m averaging 1.19 %CuEq (0.65% Cu; 0.72g/t Au; 2.3g/t Ag).
Published: 13 May 2021
Written by Editor
TSX Venture   Mining   Drill Results   Up on News  
Read more: Filo Mining Corp ( FIL )
  1. Osisko Metals ( OM )
  2. Torq Resources ( TORQ )
  3. Torq Resources ( TORQ )
  4. Osisko Metals ( OM )
  5. Chakana Copper Corp ( PERU )