Torq Resources – Drill Results Expand The Initial Discovery 180 Meters At The Margarita Project, Closing $15Million Investment From Gold Fields
Over the past couple weeks Torq Resources (TSX.V:TORQ – OTCQB:TRBMF) has announced a $15million strategic investment from Gold Fields as well as initial drill results from the Margarita Project, in Chile. Our focus in this interview is on the drill results from Margarita and upcoming program at the Santa Cecilia Project.
Shawn Wallace, Executive Chairman and Michael Henrichsen, Chief Geologist at Torq Resources joins us starting with the first drill hole result from Margarita Project released on September 13th. The 4,000 meter, 11 hole program, has been completed and we now have the first hole released. This hole (hole 22MAR-014R) intercepted 98 m of 0.94 g/t gold and 0.68% copper from 32 m – 130 m depth, successfully following up on the original discovery hole, 22MAR-013R, which intersected 90 m of 0.94% copper and 0.84 g/t gold.
We also look ahead to the upcoming work plans and start date at the Santa Cecilia Project now that the Company has closed the $15million investment from Gold Fields.