Gold and copper explorer Torrens Mining Limited (ASX:TRN) is pleased to provide its quarterly activities report for the period ended 30 June 2021.
- Commencement of the Elizabeth Creek Joint Venture with Coda Minerals Limited (Coda) in South Australia, following Coda’s earn-in expenditure of $8.62M, with Torrens holding 30% interest, Coda 70%.
- Major drilling campaign launched at Elizabeth Creek, with two key objectives: exploration for IOCG mineralisation at Emmie Bluff Deeps and generation of a maiden Mineral Resource for the Emmie Bluff Cu-Co deposit.
- Significant IOCG sulphide mineralisation intersected at Emmie Bluff Deeps, with confirmation by copper and gold assays received after the end of the Quarter.
- Granted tenement EL7331 within the Mt Piper Gold Project in Central Victoria, paving the way for exploration at the Northwood Hill Prospect.
- Maiden drilling campaign commenced at Northwood Hill, with strong preliminary gold results announced after the end of the reporting period.
- High-resolution aeromagnetic program conducted over Northwood Hill Gold Prospect and adjacent areas.
- Club Terrace Copper-Gold Project enhanced with new tenement application in NSW.
Since its ASX debut in early January 2021, Torrens is well on its way to the achievement of its key objective of the discovery of economically viable gold, copper and cobalt mineralisation.
The two drilling programs commenced during the Quarter both intersected important mineralisation
Deep diamond drilling at the Emmie Bluff Deeps IOCG and Emmie Bluff Copper-Cobalt Prospects in the Elizabeth Creek Joint Venture Project in South Australia, resulted in the intersection of IOCG-style copper-gold mineralisation at Emmie Bluff Deeps.
Torrens also commenced drilling during the Quarter at the Northwood Hill Gold Prospect in Central Victoria.
Assay results announced for both projects, after the Quarter’s end, confirm that important mineralisation was intersected by these programs, with IOCG copper-gold at Emmie Bluff Deeps within Hole DD21EB0018 and gold at Northwood Hill.