Thursday, May 23, 2024

Torr Metals Inc. (TSX.V: TMET) Hits the Bullseye: Uncovers Multiple Untested Copper and Gold Porphyry Targets at the Highway-Accessible Kolos Project

 Torr Metals (TSX.V: TMET) is excited about what it is seeing in new preliminary results from its Kolos Copper-Gold Project in British Columbia. Utilizing sophisticated geophysical techniques, the company has identified extensive anomalies stretching from mineralized outcrop at-surface to over 1.5 kilometers in depth, where there is strong potential for sub-surface extensions to copper and gold mineralization.

Advanced computer modeling (3D resistivity inversion voxel model) of a recently completed ZTEM geophysical survey pinpointed these fruitful drill targets across Torr’s 100% owned, 140-square-kilometer Kolos Copper-Gold Project. Excitement is particularly heightened against the backdrop of a strategic land position, as the Kolos project is located just 30 kilometers from Teck Resources’ Highland Valley, a copper and molybdenum operation and Canada’s largest open pit copper mine.

4 Key Findings at Kolos

  1. Large-Scale Anomalies. The 3D resistivity inversions revealed multiple untested areas with potential for substantial porphyry deposits, particularly within the Lodi, Kirby, and Clapperton Zones where the geophysical anomalies are most robust. Two additional high-priority targets were identified in the Ace and Rea Zones, exhibiting characteristics of copper-gold porphyry-epithermal systems.
  2. Strong Correlation with Surface Mineralization. The resistivity anomalies align closely with known zones of copper-gold and copper-molybdenum mineralization found at the surface in outcrop, a key characteristic that provides considerable de-risking in future drill targeting. This strengthens the case for the extension of mineralization deeper underground, providing the scalability for potential multiple new major porphyry discoveries.
  3. Impressive Scale. The anomalous areas identified cover vast distances, exceeding 4.8 kilometers in strike length, while also connecting the Cu-Au Lodi and Kirby Zones at-depth. This is indicative of a cluster porphyry system suggestive of a highly fertile concentration of copper and gold mineralization at Kolos.
  4. Expansion Potential. The promising geophysical signature at the Kirby and Clapperton Zones extends beyond the limits of the current soil sampling grid, indicating a possibility for further discoveries with additional exploration efforts.

Moving Forward

These findings provide Torr Metals with a clear roadmap for future exploration activities. Armed with precise data on the location and characteristics of the anomalies and a pending drill permit, the company can now plan targeted drilling campaigns with greater efficiency. “We are now identifying the robust plumbing behind these prolific mineralizing systems, indicating an immense scale of underlying potential,” said Malcolm Dorsey, Torr Metals President and CEO.

And this is just the beginning. With several untested zones spread across a 7-kilometer porphyry trend, the Kolos Project presents an enticing opportunity with the potential to uncover multiple new major copper-gold discoveries within Canada’s most prolific copper mining belt.

Strategic Location

Located close to Highland Valley is reason to increase bullishness about the potential for Kolos, but it has other benefits too. The project’s pre-existing road access to all high-priority targets and proximity to Highway 5 with all the requisite regional mining infrastructure adds further appeal. With year-round operation potential a successful discovery at Kolos could translate into a new mine, creating jobs and boosting the regional economy.

A Word on ZTEM

ZTEM geophysics has played a crucial role in these advancements. Think of it as acting like a powerful MRI machine, revealing metal-rich areas deep in the Earth. This advanced surveying method excels at identifying large-scale hydrothermal systems associated with porphyry deposits, as Kolos is.

Its ability to map intricate geological structures is invaluable for pinpointing potential mineralized zones, ultimately leading to a more targeted and successful exploration strategy. Up next for Torr Metals will be further surface exploration to expand on existing targets as well as drilling, pending permit approval, a development that frequently leads to rising valuations.

For more information, visit the company’s website at www.TorrMetals.com.

NOTE TO INVESTORS: The latest news and updates relating to TMET are available in the company’s newsroom at https://nnw.fm/TMET

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