Gold and copper explorer Torrens Mining Limited (ASX:TRN) is pleased to announce the identification of two gold and copper soil anomalies within our Mt Piper Gold Project in Central Victoria.
- Soil geochemical sampling along a previously unexplored trend of highly magnetic rocks at the Crough’s Hill South and Back Creek Prospects within our Mt Piper Gold Project has identified two significant geochemically anomalous gold and copper prospects.
- These anomalies overlie what Torrens interprets to be basalts interlayered with black shales and other sedimentary units.
- Peak assay values are: 1,800ppb Au (1.8g/t Au) at Crough’s Hill South and 162ppm Cu (0.0162% Cu) at Back Creek.
- The Crough’s Hill South gold anomaly has gold values consistently above 50ppb Au over a 200m east-west strike length within a broader lower grade halo that is 1.1km wide.
- The Back Creek copper anomaly contains consistent copper values of >50ppm Cu over an approximate 2km east-west strike length.
- Next steps will include infill soil geochemistry around both anomalies potentially followed by drilling later this year.
Torrens’ Managing Director Steve Shedden said:
“Torrens’ exploration thesis at Mt Piper has always been gold-focussed, but with the identification of not only a strong geochemical gold anomaly at Crough’s Hill South, but also a strong and consistent copper anomaly at Back Creek, our options have grown substantially.
“Initially our grassroots soil program focussed on previously identified gold anomalous zones, but then we reviewed several new target areas which seemed geologically interesting, when overlayed on the magnetic geophysical data in the region.
“The leap in utilising the regional magnetics as a proxy for potentially mineralised geological zones, identified both the Crough’s Hill South and Back Creek Prospects as high priority target areas. The task for us now is to accurately delineate these anomalies with further infill soil samples, and then if the anomalies persist, we will look to drill these targets as a matter of priority.”
- Infill soil sampling at Crough’s Hill South and Back Creek – Q3 to Q4 2021
- Potential drilling at Crough’s Hill South and Back Creek – Q4 2021 to Q1 2022