Torr Metals Announces Kolos Project Preliminary Soils Reveal 3 km Trend to Untested Copper-Gold Anomalies Along Highway 5
Torr Metals Announces Kolos Project
Preliminary Soils Reveal 3 km Trend to
Untested Copper-Gold Anomalies Along
Highway 5
Vancouver, British Columbia--(Newsfile Corp. - January 31, 2024) - Torr Metals Inc. (TSXV: TMET)
("
Torr
" or the "
Company
") is pleased to announce preliminary assay results from 896 of a total 3348
soil samples collected during the 2023 field program on the 100% owned 140 km
2
Kolos Copper-Gold
Project, located adjacent to Highway 5 and 23 kilometers (km) north-northeast of the city of Merritt,
British Columbia.
The initial results are derived from soil samples specifically gathered to explore potential extensions to
mineralization observed in limited exposures of outcrop.
Soil results yielded up to 723 parts per
million (ppm) copper (Cu) and 474 parts per billion (ppb) gold (Au) within two newly identified
envelopes of >200 ppm Cu that highlight significant large-scale mineralization measuring 1300
metres (m) by 750 m and 950 m by 550 m at the Lodi and Kirby Zones, respectively
(Figure 1).
Zones of anomalous copper and gold at Kolos occur
across a 3 km trend
, coinciding with a 6 km north-
south trending magnetic high anomaly that is typically associated with major porphyry deposits
elsewhere within the region.
Highlights include:
Outcropping Mineralization within Kilometre-Scale Soil Anomalies
: 2023 soil sampling has
confirmed robust copper-gold mineralization aligning with exposures of mineralized outcrop, where
select historical rock grab sampling yielded
4.42 grams per tonne (g/t) Au, 0.52% Cu, and 11.3
g/t silver (Ag)
at the Kirby occurrence and (
see November 16, 2023 news release
).
Highly Anomalous Copper-Gold with Additional Assays Pending
: Of the 896 soil samples
analyzed, 394 showed highly anomalous concentrations exceeding 50 ppm Cu, with 129
surpassing 100 ppm Cu, and 27 samples registering over 200 ppm Cu; additionally, 37 soil
samples exhibited values greater than 20 ppb Au (Figure 1).
Pending assays for 2,452 soil
samples
will further assess the expansion potential of the Lodi and Kirby Zones, along with four
additional exploration targets to the north.
District-Scale with Untested New Discovery Potential
: The Kolos Project comprises six road-
accessible copper-gold-molybdenum occurrences (Kirby, Lodi, Ace, Rea, Helmer, Clapperton)
that
remain untouched by drilling
. The forthcoming results from the completed 2023 surface
geochemical field program combined with an extensive property-wide ZTEM survey will pinpoint
specific targets for future potential drilling.
Strategic Location within Major Porphyry Belt
: The Project occupies a pivotal position within
one of the most productive porphyry belts in British Columbia and showcases comparable Late
Triassic calc-alkaline and alkaline intrusions that have given rise to major deposits and long-life
mines in the region. With its strategic location, Kolos emerges as a prime contender for major new
discovery potential within a similar geological setting to surrounding deposits including
Highland
Valley
(30 km to the northwest),
New Afton
(30 km to the north), and
Copper Mountain
(106 km
to the south).
Malcolm Dorsey, President and CEO, commented, "Our findings not only highlight key locations of
interest at Kirby and Lodi but also underscore the unprecedented nature of our initial 2023 results,
revealing a 3 km trend of anomalous copper and gold that has previously not been defined in this area.
Alongside its advantageous location next to a highway, this discovery positions Torr as a significant new
player in the Quesnel Trough, one of British Columbia's most productive porphyry belts. We eagerly
await the remaining geochemical assays and ZTEM data, anticipating that they will unveil additional
exploration opportunities by assessing both the expansion potential of existing targets and new areas
across the project."
Figure 1.
Preliminary soil sample results and annotated target locations on the Kolos Copper-Gold
Project, highlighting zones of anomalous copper in soil (>200 ppm) overlying a regional RMI-VD
geophysical survey.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6794/196365_ea07356a54bbd9d4_001full.jpg
2023 Exploration Program
The 2023 Kolos exploration initiative involved the meticulous collection of 3348 soil samples,
strategically spaced at 50 m intervals, with 100 m line-spacing dedicated to known historic mineral
occurrences. A further 300 m reconnaissance line spacing covered the remaining grid area spanning
approximately 48 km
2
(Figure 1). The
pending assays for 2452 soil samples and 47 rock samples
hold the promise of unveiling new discoveries
. Moreover, a Z-Tipper Axis Electromagnetic (ZTEM)
airborne geophysical survey has been carried out across the extensive 140 km
2
Project area. After final
processing, Torr's technical team is set to interpret the data which will paving the way for identifying
future exploration upside.
Torr is currently in the process of obtaining a drill permit for the Kolos Project.
Quality Assurance and Control
Results from samples were analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver,
Canada (an ISO/IEC 17025:2017 and ISO 9001:2015 accredited facility). A secure chain of custody is
maintained in transporting and storing of all samples. At ALS the "B" horizon soil samples underwent
screening to 180 microns under the ALS code PREP-41. The samples were digested using Aqua Regia
and analyzed via ICP-MS and ICP-AES using a 25g sample aliquot under the ALS code AuME-TL43.
The Company follows industry standard procedures for the work carried out on the Kolos Project. Due to
the reconnaissance nature of the soil sampling the Company relied on the internal quality assurance
quality control ("QA/QC") measures of ALS. Torr Metals detected no significant QA/QC issues during
review of the data.
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 its 100% owned portfolio of district-scale gold and copper projects;
including the ~261 km
2
Filion Gold Project in northern Ontario, ~140 km
2
Kolos Copper-Gold Project in
south-central British Columbia, and ~689 km
2
Latham Copper-Gold Project which includes the Gnat
Pass deposit in northern British Columbia. All projects are located in prolific mining regions with
substantial infrastructure and favourable geology for significant new discovery potential. For further
details please refer to the Company's website or geological Technical Reports (August 24, 2021) filed
on November 25, 2021 under the Company's profile on SEDAR at
www.sedar.com
.
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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the use of proceeds from the Company's recently completed financings, and the future plans or
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Accordingly, readers should not place undue reliance on forward-looking information. Other factors
which could materially affect such forward-looking information are described in the risk factors in the
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www.sedar.com
. The Company does not undertake to update any
forward-looking information, except in accordance with applicable securities laws.
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