Torq Resources just announced that it has identified three primary target areas at the Margarita Iron-Oxide-Copper-Gold (IOCG) project in northern Chile that form the basis for the upcoming 4,000 metre reverse circulation drill program, slated to begin later this month. The targets were defined using data from recent geophysical and geochemical surveys as well as a geological mapping program.

Executive chairman Shawn Wallace stated: “The refinement of drill targets at the Margarita project has our entire team excited about the prospectivity of the project and the real opportunity to make a major new discovery in one of the best jurisdictions for mining on the planet. We are anxiously awaiting the commencement of our drill program later this month. Furthermore, the Company is very pleased with the progress being made in the planning for the Andrea project, with work anticipated to commence in early 2022.”

The Margarita project is located within the prolific Coastal Cordillera belt that hosts the world-class Candelaria (Lundin Mining Corp.) and Manto Verde (Mantos Copper Holding) IOCG mines, and porphyry-skarn deposits such as Santo Domingo (Capstone Mining Corp.) and Inca de Oro (PanAust/Codelco). Drilling is scheduled for Q3 of this year.

https://www.torqresources.com/ TSXV: TORQ | OTCQX: TRBMF

Press release discussed: https://www.torqresources.com/news-media/news/2021/torq-defines-drill-targets-at-the-margarita-copper-gold-project-in-chile/

Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39

Torq Resources is an MSE sponsor. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.