Torr Completes Extensive 2023 Field Program at the Kolos Copper-Gold Project in South- Central British Columbia
Torr Completes Extensive 2023 Field Program
at the Kolos Copper-Gold Project in South-
Central British Columbia
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2023) - Torr Metals Inc. (TSXV: TMET)
("
Torr"
or the "
Company
") is pleased to announce the completion of its extensive 2023 field program,
consisting of the first ever large-scale surface geochemical and ZTEM airborne geophysical surveys
conducted over known historical copper-gold occurrences that have never been drill tested. During the
field program Torr
collected 47 rock and 3348 soil samples, focused within an area of ~48 km
2
that tested multiple styles of residual magnetic intensity (RMI) geophysical anomalies coincident with
outcrop mineralization; with the potential to delineate large-scale copper-gold porphyry and epithermal
mineralizing systems (Figure 1). Completion of the property-wide ZTEM geophysical survey combined
with the 2023 rock and soil samples will provide essential insight into the district-scale controls of
mineralization, as well as context of geochemical vectors for future drill targeting at the Kolos Project.
The 100% owned ~140 km
2
Kolos Copper-Gold Project (the "Project") is located near multiple
operating copper porphyry mines in the southern Quesnel Trough, British Columbia's primary copper-
gold producing belt; this includes the Highland Valley Copper Mine owned by Teck ~30 km to the
northwest (Figure 2). The Project is divided by paved Highway 5, which provides direct access to all of
the Project area through an extensive network of well-maintained access roads. The nearby town of
Merritt, British Columbia, and excellent surrounding infrastructure provides potential for low-cost year-
round operations.
Malcolm Dorsey, President and CEO, commented, "These highly pronounced geophysical and
geological features in addition to the coincident historical occurrences are what first attracted our
attention to the area, as we know that similar geophysical patterns have proven to be highly prospective
within the region; such as at Kodiak Copper Corp's West and Gate Zones ~60 km to our south. It is with
Torr's extensive systematic approach that the district-scale potential of the Kolos Project will for the first
time be tested and with the successful completion of the 2023 geochemical sampling and ZTEM
geophysical surveys we will have the tools to prioritize future exploration targeting to the benefit of our
shareholders."
Regional Comparisons and Geophysical Targeting:
During the Fall of 2023 rock and soil sampling at the Kolos Project focused on a distinct pattern of north-
south (N-S) oriented linear high magnetic geophysical anomalies as well as zones where "breaks" or
disruptions to this trend occurred. These patterns and orientations of magnetic anomalies are
comparable to Kodiak Copper Corp's West and Gate Zones on the MPD property
1
~60 km to the south
(Figure 2), where mineralization is commonly spatially associated with the north-south high magnetic
geophysical trend as well as zones where that trend is disrupted by a lower magnetic signature. In
particular, the Gate Zone, which was discovered by Kodiak Copper in 2019, is a disruption in the high
magnetic geophysical signature that occurs at the intersection of a north-south and northwest-southeast
high magnetic trend; which is a comparable geophysical setting to a 3.5 km by 3.9 km area identified
within the northern portion of the Kolos Project (Figure 1).
With high-quality regional geophysical datasets Torr targeted the following anomalies with extensive rock
and soil geochemical sampling (Figure 1):
High magnetic anomalies
: surface geochemical sampling tested
>6 kilometres (km)
of strike-
length to a north-south trending high magnetic anomaly coincident with the Lodi and Kirby copper-
gold occurrences, the latter containing historical rock grab samples taken from outcrop exposures
of quartz-carbonate veining within propylitic altered Nicola Group volcanics that yielded up to
4.24
grams per tonne (g/t) gold (Au), 0.52% copper (Cu), and 11.3 g/t silver (Ag)
(Figure 1).
Breaks in high magnetic anomalies
: surface geochemical sampling tested a
3.5 km by 3.9 km
"break" or disruption in high magnetic anomalies at the intersection of north-south and northwest-
southeast geophysical trends, manifested as a low to moderately magnetic signature associated
with a highly prospective Late Triassic to Early Jurassic diorite intrusion (Figure 1). Coincident
mineralization occurs in outcrop with propylitic and phyllic alteration at the Helmer and Clapperton
occurrences, where historical rock grab sampling of quartz-carbonate veinlets within the intrusion
and adjacent Nicola Group volcanics yielded up to
1.26 g/t Au, 0.18% Cu, and 7.0 g/t Ag
.
Linear northwest-trending low magnetic anomalies
: potential for significant shear-related
copper-gold epithermal systems, as evidenced by historical rock grab sampling at the Rea
occurrence that yielded up to
4.7 g/t Au, 1.0% Cu, and 144 g/t Ag
(Figure 1). Field crews have
confirmed the trend to the shear system is associated with a linear low magnetic anomaly. Similar
geophysical signatures and structural trends have been observed throughout the Kolos Project
area and were a target for prospecting during the 2023 program.
Figure 1.
Kolos Project boundary with known copper and gold mineral occurrences and select historical
rock grab samples that were the focus of follow-up exploration in 2023.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6794/187575_8f345b6d446e38c3_001full.jpg
2023 Field Program Geochemical and ZTEM Surveys
The 2023 soil sampling grids were composed of 100 metre (m) line spacing over known historical
mineral occurrences as well as 300 m reconnaissance line spacing over the remaining underexplored
areas. Sample spacing on both grids was 50 m,
assays are pending for both rock and soil samples
collected in 2023
. Torr also contracted Geotech Ltd. to conduct the high resolution Z-Tipper Axis
Electromagnetic (ZTEM) airborne geophysical survey on 200 m line spacings for a total of 1077 line km
over the Kolos Project. ZTEM has been extensively used in mineral exploration for vectoring and
identifying the distinctive alteration haloes that are associated with large-scale porphyry deposits and
provides more detail at-depth than other survey systems. Initial interpretation of the preliminary ZTEM
data will be announced once the final data is received and processed.
Figure 2.
Kolos Project location within the prolific porphyry belt of the Quesnel Terrane in south-central
British Columbia. Figure including locations of Late Triassic Alkaline and Calc-Alkaline intrusions
modified from Mitchinson et al. 2022
2
.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6794/187575_8f345b6d446e38c3_002full.jpg
1
Comparisons disclosed are not necessarily indicative of mineralization on the Kolos Copper-Gold Project.
2
Mitchinson, D.E., Fournier, D., Hart, C.J.R., Astic, T., Cowan, D.C., and Lee, R.G. (2022). Identification of New Porphyry Potential Under Cover in
British Columbia. Geoscience BC Report 2022-07, MDRU Publication 457, 97 p.
Qualified Person
The technical content of this news release has been reviewed and approved by Michael Dufresne,
M.Sc., P.Geol., P.Geo., a consultant to the Company who is a qualified person defined under National
Instrument 43-101.
About Torr Metals
Torr Metals is a Vancouver based mineral exploration company focused on defining and developing the
substantial exploration potential of the ~140 km
2
Kolos Copper-Gold Project, located within the prolific
Quesnel Terrane in Central British Columbia. Year-round access is provided by Highway 5, with the
project being favourably located 23 km north of the city of Merritt and 286 km by highway from
Vancouver, British Columbia. For further details about the Company's additional 689 km
2
Latham
Copper-Gold Project please refer to the Company's website or current geological Technical Report
(August 24, 2021) filed on November 25, 2021 under the Company's profile on SEDAR at
www.sedarplus.ca
.
On behalf of the Board of Directors
Torr Metals Inc.
"Malcolm Dorsey"
Malcolm Dorsey
President, CEO and Director
For further information:
Malcolm Dorsey
Telephone: 236-982-4300
Email:
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or accuracy of this press release.
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This press release contains "forward-looking information" within the meaning of applicable Canadian
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Accordingly, readers should not place undue reliance on forward-looking information. Other factors
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www.sedarplus.ca
. The Company does not undertake to update any
forward-looking information, except in accordance with applicable securities laws.
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