Torq Options Margarita Iron-Oxide-Copper-Gold Project in Chile
VANCOUVER, BC - March 8, 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 Margarita Iron-Oxide-Copper-Gold (IOCG) project located in Chile, 65 kilometres (km) north of the city of Copiapo. The property is located within the prolific Coastal Cordillera belt that hosts the world-class Candelaria (Lundin Mining Corp.) and Manto Verde (Mantos Copper Holding) IOCG mines, and porphyry-skarn deposits such as Santo Domingo (Capstone Mining Corp.) and Inca de Oro (PanAust/Codelco) (Figure 1).
A Message from Shawn Wallace, Executive Chair & Director:
"Margarita is the first in what will be a series of acquisitions of high-quality copper-gold exploration projects with district scale potential in Chile, which hosts some of the world's largest and most profitable copper mines. Shareholders and stakeholders can look forward to an exciting flow of news as we initiate exploration at Margarita and continue to add to our portfolio."
- Published: 08 March 2021
- Written by Editor