Torq Commences Drilling at Santa Cecilia
TSX.V: TORQ | OTCQX: TRBMF 1630 – 1177 West Hastings Street, Vancouver, BC, Canada V6E 2K3
Torq Commences Drilling at Santa Cecilia
Vancouver, Canada – February 13, 2024 – Torq Resources Inc. (TSX-V: TORQ, OTCQX: TRBMF) (“Torq”
or the “Company”) is pleased to announce the commencement of drilling at its Santa Cecilia gold –
copper project located in the world-class Maricunga belt in northern Chile, approximately 100 kilometres
(km) east of the city of Copiapo. The Santa Cecilia project is immediately adjacent to the Norte Abierto
project, held by Newmont and Barrick, which is comprised of the Caspiche and Cerro Casale gold –
copper porphyry deposits (Figure 1).
A Message from Shawn Wallace, CEO:
“We are very pleased to be back drilling at our flagship project, where we have an incredibly rare
opportunity to be the first exploration company t o comprehensively drill test a property that
demonstrates copper and gold mineralization both on surface and at depth and is surrounded by some
of the world’s largest gold-copper porphyry deposits. The first target we are drilling, Pircas Norte, has
outcropping copper porphyry mineralization on surface, a defined geophysical anomaly below surface,
is within 1.5 km of the world -class Caspiche deposit, and has never been drill tested. This drill program
will continue to evolve based on what we’re seeing in preliminary results, and we look forward to providing
updates as we progress.”
The drill program at Santa Cecilia is expected to consist of approximately 1,500 metres (m) over the next
2 months. The initial focus of the drill program will be to test the Pircas Norte target on the eastern region
of the project, situated approximately 1.5 km to the west of Norte Abierto’s Caspiche deposit. The Pircas
Norte target is characterized by outcropping copper porphyry mineralization and an overlapping gold,
copper and molybdenum soil anomaly on surface that is approximately 600 m by 600 m with selective
rock samples within a dioritic porphyry ranging between 0.3 – 0.83 g/t gold (Figure 2). Subsurface, the
Pircas Norte target is associated with a strong magnetic response, low conductivity values, and
moderate chargeability values. The magnetic anomaly and low conductivity values are interpreted to be
associated with the diorite porphyry body and associated potassic alteration that is viewed on surface
(Figures 3 - 4). Finally, the moderate chargeability values at Pircas Norte are interpreted to be the centre
of a gold – copper mineralized system that is flanked by high chargeability areas which may represent
a pyrite halo to the main porphyry body (Figure 5) . The remaining drill holes of the program will be
determined based on geological results of the first drill hole.
TSX.V: TORQ | OTCQX: TRBMF 1630 – 1177 West Hastings Street, Vancouver, BC, Canada V6E 2K3
Figure 1: Illustrates the location of the Santa Cecilia project in the Maricunga belt and in relation to the Norte Abierto joint venture,
held by Newmont and Barrick, which consists of the Caspiche and Cerro Casale deposits.
TSX.V: TORQ | OTCQX: TRBMF 1630 – 1177 West Hastings Street, Vancouver, BC, Canada V6E 2K3
Figure 2: Illustrates the seven porphyry targets identified at Santa Cecilia and rock results from outcropping porphyry
mineralization at the Pircas Norte target, which is within 1.5 km of the Caspiche deposit. Pircas Norte is being prioritized in the
current drill program.
TSX.V: TORQ | OTCQX: TRBMF 1630 – 1177 West Hastings Street, Vancouver, BC, Canada V6E 2K3
Figure 3: Illustrates the Pircas Norte target and the first drill hole in the current program. This target is associated with a strong
magnetic anomaly that is interpreted to be the continuation of the mineralized dioritic bodies on surface.
TSX.V: TORQ | OTCQX: TRBMF 1630 – 1177 West Hastings Street, Vancouver, BC, Canada V6E 2K3
Figure 4: Illustrates the Pircas Norte target and the first drill hole in the current program. This target is associated with low
conductivity values that are interpreted to be associated with the host dioritic intrusion and potential potassic and silica
alteration associated with porphyry mineralization.
TSX.V: TORQ | OTCQX: TRBMF 1630 – 1177 West Hastings Street, Vancouver, BC, Canada V6E 2K3
Figure 5: Illustrates the Pircas Norte target and the first drill hole in the current program. The Pircas Norte target is associated
with moderate chargeability values that are interpreted to represent the centre gold-copper porphyry mineralization that is
flanked by high chargeabiity areas that may represent lateral pyrite haloes to the main porphyry body.
Michael Henrichsen (Chief Geological Officer), P.Geo is the QP who assumes responsibility for the technical
contents of this release.
ON BEHALF OF THE BOARD,
Shawn Wallace
CEO
For further information on Torq Resources, please visit www.torqresources.com or contact Natasha
Frakes, VP, Communications, at (778) 729-0500 or [email protected].
About Torq Resources
Torq is a Vancouver -based copper and gold exploration company with premium mineral projects in Chile. The Company is
establishing itself as a leader of new exploration in prominent mining belts, guided by responsible, respectful and sustainab le
practices. The Company was built by a management team with prior success in monetizing exploration asse ts and its
specialized technical team is recognized for their extensive experience working with major mining companies, supported by
TSX.V: TORQ | OTCQX: TRBMF 1630 – 1177 West Hastings Street, Vancouver, BC, Canada V6E 2K3
robust safety standards and technical proficiency. The technical team includes Chile -based geologists with invaluable local
expertise and a noteworthy track record for major discovery in the country. Torq is committed to operating at the highest
standards of applicable environmental, social and governance practices in the pursuit of a landmark discovery. For more
information, visit .
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 in particular relating to or associated with the
financing of exploration work on its mineral properties. These statements 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 ex pressed or implied by such forward-looking
statements, including risks relating to securing investor interest and participation in the target financing goal, and general market
and economic conditions. For a discussion of risk factors which could adversely affect the forward looking statements, see the
Company’s public record filings at www.sedarplus.ca.
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.