- While British Columbia is viewed as instrumental in Canada’s mining future, Torr Metals is developing its Kolos Copper-Gold Project located at the heart of British Columbia’s most significant copper mining district
- Torr recently expanded the project size by 75% to roughly 240 square kilometers
- Highlights of the strategic expansion includes several important new exploration findings that suggest Kolos may be a treasure trove of multiple potential discoveries, providing metals critical to the nation’s economy and security
- The company was also featured in a syndicated broadcast covering the increase in size of the project, establishing Torr Metals as a significant new player within the region
British Columbia is at the forefront of Canada’s push to become a major producer of 31 critical minerals. These minerals are essential for the future economy, and a recent expert panel highlighted the significant growth and job opportunities this presents for B.C.’s mining sector.
Torr Metals (TSX.V: TMET) intends to be part of this important economic growth and vital component to national security. The Vancouver-based company announced a major expansion of its Kolos Copper-Gold Project in B.C., part of the emerging Copper Highway, a region in the south-central portion of the province rich in mineral deposits, including five major copper mines at Mount Polley, Gibraltar, Highland Valley, Copper Mountain, and New Afton.
Through staking new mineral claims, Torr has increased the Kolos Project size by 75%, bringing the total area to approximately 240 square kilometers. Torr’s 100% owned project is located about 30 kilometers southeast of Canada’s largest open-pit copper mine at Highland Valley as well as 30 kilometers south of the New Afton Mine and 106 kilometers north of the Copper Mountain Mine; meaning all requisite mining infrastructure is located nearby. The Kolos Project is also just 23 kilometers north-northeast of the city of Merritt, British Columbia, providing low cost and year-round operation potential.
This strategic expansion focuses on the northern portion of the project and follows the trend of the Fanta Fault, a geological feature believed to be the main control on copper and gold mineralization in the area.
The key highlights of the expansion include:
- New Vik Zone Discovery. Torr identified a previously unknown mineralized rock outcrop in the eastern project area. A grab sample from this zone returned promising results, with 379 parts per million (“ppm”) copper (Cu) and 238 ppm molybdenum (Mo) that suggests proximity to the core of a potential copper porphyry system. This discovery sits near a high resistivity anomaly, a potential indicator of a mineralized intrusion, and is a high priority for Torr during upcoming exploration work.
- Highly Prospective Exploration Targets. The newly acquired claims cover several greenfield exploration areas in the north and east of the project that were delineated using Torr Metals established exploration model that has resulted in the previous discovery of 5 major mineralized zones. As such the following characteristics of these greenfield exploration targets hold tremendous promise:
- Large-scale low magnetic geophysical anomalies: Two such anomalies share characteristics with the nearby Ram soil anomaly, which historically showed widespread Cu content (footprint of >200 ppm Cu measuring 900 meters by 500 meters)
- Untested high resistivity geophysical anomalies: Similar to anomalies identified earlier this year, these newly discovered anomalies suggest potentially robust subsurface hydrothermal mineralization and alteration associated with outcrop mineralization at the Vik Zone
- Unexplored magnetic signature: A large, unexplored circular magnetic low surrounded by magnetic highs is interpreted as a potential source of underexplored historical silver (Ag) anomalies apparent in regional silt stream sampling
All of these newly identified exploration targets are accessible by road via Highway 5 and other than a handful of regional silt stream samples have never been explored or drilled before. Torr has recently conducted reconnaissance field sampling over the past few weeks to further assess their potential.
“This expansion allows us to include highly prospective ground while focusing on our existing drill-ready zones,” said Malcolm Dorsey, President and CEO of Torr Metals. “The discovery of the Vik Zone demonstrates the effectiveness of our exploration strategy. We believe this expansion strengthens our long-term growth potential and positions us well for exciting new discoveries in the upcoming field season.”
Dorsey is justified in citing the potential for exciting porphyry discoveries. Not only is Teck’s Highland Valley Cu-Mo mine off to the west, but two other major Cu-Au deposits are in the region. To the north is New Afton, which Newgold shows to contain 34,087,000 @ 0.67 g/t Au, 1.69 g/t Ag, 0.73% Cu (Proven & Probable), 73,976,000 @0.57 g/t Au, 2.14 g/t Ag, 0.70% Cu (Measured & Indicated), 10,219,000 @0.33 g/t Au, 1.36 g/t Ag, 0.45% Cu (Inferred).
To the south is Copper Mountain, which is shown by Hudbay Minerals to host 367,000,000 tones of 0.12 g/t Au, 0.7 g/t Ag, 0.25% Cu (Proven and Probable), 138,000,000 tones @ 0.10 g/t Au, 0.7 g/t Ag, 0.21% Cu (Measured & Indicated), 371,000,000 tones @0.13 g/t Au, 0.6 g/t Ag, 0.25% Cu.
In addition, TMET announced that it has been featured in a broadcast via NetworkNewsAudio to discuss its 75% increase in the size of its BC copper-gold project. To hear the audio production, visit: https://ibn.fm/Xam1r
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://ibn.fm/TMET
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