Torian charts more solid WA gold hits

Torian Resources has tabled further exemplary gold drill hits adding more value to a rapidly growing gold repository at its flagship Mt Stirling project, some 40 kilometres north-west of Leonora in WA. The latest set of results include a 19 metre section grading at 1.16 grams per tonne gold from 72m downhole with an internal metre going 3.53 g/t gold from 90m.

Other significant results returned from resource extension drilling at Mt Stirling and Viserion in the latest round of assays include 8m at 2.67 g/t gold from 89m downhole including 1m going 5.53 g/t from 95m. Additionally a 2m section grading 8.12 g/t gold from 31m was received with an internal mineralised 1m parcel going 14.07 g/t gold from 32m downhole.

The company says an ongoing resource definition drilling program is progressing quickly with 25 of 38 planned holes already complete. Further drilling of the nearby Skywing lode extension is also off and running with 10 of 36 planned holes finished. Torian has planned an aggressive campaign with an aggregate 17,500m worth of exploration works planned across the project.

A total of 3 RC rigs and one aircore rig are currently hammering away across the greater Mt Stirling gold project.

Whilst the 3 RC rigs are focussing on brownfields resource definition and extensional drilling, the aircore rig is toiling away at regional gold, arsenic and yttrium structural targets.

Other planned upcoming RC drilling will target the nearby Tyrannus, Hydra, Stirling Well and Estera gold lodes in follow-up programs.

A global mineral resource estimate is currently being calculated over the entire Mt Stirling gold project area and is pencilled in to be completed in the first quarter of 2022. In addition to the assays from the most recent round of drilling, the upcoming resource estimate will include a series of results that were not included in the last resource estimate conducted in May 2021.

Approximately 75 drill holes are expected to return assay results from the lab throughout January and February. Pending drill results also include work from the Mt Stirling Central deposit where Torian recently sent a rig to test the ground following a discovery of rare earth element mineralisation in the area.

A key focus to date has been targeting the shallow portion of the Mt Stirling and Viserion gold deposits to define an indicated JORC resource across the 880m strike with drilling generally focusing on the top 125m of mineralisation.

The project occupies some prime real estate with several significant gold deposits sitting nearby to Mt Stirling, the most notable being Red 5 Limited’s King of the Hills mine, where a whopping 4.1 million ounce gold resource has been delineated.

Excitement is beginning to mount in the lead up to the delivery of an updated global mineral resource estimate for the broader Mt Stirling gold project in the new year. With 4 drill rigs working day in, day out, a multitude of results are lying in wait to add to a resource estimate that Torian believes will be a significant upgrade from its previous estimate.

Is your ASX-listed company doing something interesting? Contact: matt.birney@wanews.com.au