- Published: 21 September 2017
- Written by Editor
Torq Resources identifies a 25 km long gold corridor in Newfoundland
The program screened a 50 km by 15 km area along a crustal scale fault zone considered by Torq to be highly prospective for gold mineralization. A total of 1,749 samples were collected across the Gander Gold Project identifying six multi-kilometer long targets that cluster within a 25 km by 5 km corridor (Figure 1). The Company considers this geologic setting to be similar to Dalradian's high-grade gold deposit in Northern Ireland. The Dog Bay Fault zone, which is found in Newfoundland's Northern Appalachians and runs through the Gander Gold Project, is analogous to the tectonic and crustal scale settings found in the Irish/British Caledonides Mountains (Figure 2). Historical data from the Gander Gold Project demonstrates the high-grade gold potential of the region with several rock and trench samples above 10 g/t gold from both the Cracker and Lucky Moose prospects (See Table 1).
Table 1 - Historic grab and trench samples from selected prospects within the Gander Gold Project:
Prospect | Sample Type | Au (g/t) |
Cracker(1) | Grabs | 702, 44, 33.87, 30.1, 22.7, 13.5, 9.3, 4.7, 2.77 |
Appleton #2(2) | Grabs | 4.96 |
Knob Hill(3) | Grabs | 2.7 |
Third Pond(4) | Grabs | 4.6 |
Grid 69 Gold(5) | Grabs | 0.75 |
The Lucky Moose(6) | Grabs | 30, 16.4, 5.67, 5.6 |
Trench | 15.25 g/t over 3m | |
48.2 g/t over 0.8m | ||
9.4 g/t over 4.25m | ||
2.66 g/t over 9.05m | ||
5 g/t over 4m | ||
2.04 g/t over 4.25m |
Refer to Mineral Occurrence Database System Report: |
1. 002E/02/Au 015, (Pollett, 2002) |
2. 002E/02/Au 014, (Lush, 2000), (MacPherson, 1991) |
3. 002E/02/Au 004, (Evans, 1996), (Sheppard and Gallon, 1992) |
4. 002E/02/Au 003, (Butler, 1988, 1989), (Sheppard, 1993b) |
5. 002E/02/Au 010, (Gallon, 1991), Sheppard et al., 1991) |
6. 002E/02/Au 018, (Quinlan, 2006) |
Michael Henrichsen, P.Geo, and advisor to Torq, is the Qualified Person who assumes responsibility for the technical disclosures in this press release.
On Behalf of the Board,
Michael Kosowan, President and CEO
About Torq Resources:
Torq Resources is a junior exploration company with the goal of establishing a tier-one mineral portfolio. The Company's management team has raised over $500M and monetized successes in three previous exploration companies. Its initial asset is a 120,000 hectare land package in Newfoundland, Canada, an emerging gold jurisdiction. Torq is continually reviewing and acquiring new precious metals targets on the path to discovery.
Forward Looking Information
This release includes certain statements that may be deemed "forward-looking statements". Forward-looking information is information that includes implied future performance and/or forecast information including information relating to, or associated with, exploration and or development of mineral properties. These statements or graphical information involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different (either positively or negatively) from any future results, performance or achievements expressed or implied by such forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Gander Till Sampling QA/QC Disclosure
Till samples (3 to 5 kg each) are sent to ALS Lab in Vancouver, BC for preparation and analysis. All samples are analyzed using Ultra-Trace Au by Cyanide Extraction and ICP-MS finish method (Au-CN44) and ultra-trace multi-element aqua regia digest ICP-AES/ICP-MS method (ME-MS41L). QA/QC programs using internal standard samples, field and lab duplicates, re-assays, and blanks indicate good accuracy and precision in a large majority of standards assayed.
Historic Grab and Trench Samples
The historic grab and trench samples were taken from Mineral Assessment Reports filed with Department of Nature Resources, Newfoundland. Grab samples are a non-representative sampling technique and may not be representative of the mineralization present on the project. Further, Torq has not conducted any due diligence on whether appropriate QA/QC protocols were followed in the collection of these samples, nor can it confirm their accuracy or repeatability.
To view Figure 1, please visit the following link: http://media3.marketwire.com/docs/torq0921fig1.pdf.
To view Figure 2, please visit the following link: http://media3.marketwire.com/docs/torq0921fig2.pdf.
Torq Resources Inc.
Jay Adelaar
Manager of Investor Relations
(778) 729-0500
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