Gold and copper explorer Torrens Mining Limited (ASX: TRN) (Torrens or the Company) is pleased to draw the attention of investors to an announcement made today by Coda Minerals Limited (Coda) (ASX:COD), and crossreleased to Torrens, which relates to the Elizabeth Creek Copper Project in South Australia, in which Torrens holds a 30% joint venture interest.
- An update on drilling of the Emmie Bluff IOCG target has been released today by Torrens’
Elizabeth Creek Copper Project joint venture partner and project operator, Coda Minerals
- The deep drilling continues to report important zones of copper sulphide mineralisation, with
the high-grade copper mineral, bornite, frequently reported.
- Drilling is continuing, with two diamond rigs on site, with additional wedge and surface
The announcement details preliminary exploration results from two surface drillholes and three wedge
(daughter) drillholes, with drilling continuing. The announcement is available on the ASX market announcements platform under the ticker code “COD.”
Torrens’ Managing Director Steve Shedden commented:
“Again, drilling is delivering interesting news of very encouraging IOCG-style copper sulphide intersections at Emmie Bluff Deeps.
While we wait for confirmation of these field observations by formal laboratory analyses, Torrens remains very confident about this target.
I’m very happy with the progress of this potentially Tier 1 project, which we initiated by acquisition back in 2015 and in which Torrens’ shareholders have plenty of “skin in the game,” with our 30% interest.
The unfolding scenario of a large mineralised system hosting both IOCG and Zambian-style copper-cobalt mineralisation at the strategically located Elizabeth Creek Copper Project continues to fascinate.”