Financial Survival Network

Torq Resources Makes Two More Copper-Gold Discoveries at Margarita


Listen Later

We sat down with Torq Resources’ CEO Shawn Wallace and Chief Geological Office Michael Henrichsen (🇨🇦 TORQ: 🇺🇸 TRBMF). Results were just announced from Torq’s phase III drill program at the Margarita iron-oxide-copper-gold project. With 14 holes spanning 3,862 m, the program has expanded the Falla 13 discovery and uncovered yet more mineralized zones within Margarita. They intersected 42 m of 1.1 g/t Gold and 0.48% Copper Near Falla 13 and 132 m of 0.48% Copper at Cototuda. Broad copper oxide zones were also found at the previously drilled Margarita corridor. No doubt more good news is on the way, with results from seven more holes expected shortly.  Shawn expressed excitement over the project's potential given its strategic location near Copiapo's city, with high-grade infrastructure, and favorable conditions for year-round drilling. He remarked on the considerable value these discoveries added to Torq's Margarita project, with 2024 set to be an important year. Michael emphasized the significance of the new findings. He highlighted the discovery of a parallel structure to the Falla 13 zone, and the promise shown by the Cototuda target. He stated that the Margarita's potential is a continuing story and hopes that it will become another shining star within Coastal Cordillera belt, which is already home to several large producers. Plans are underway to study the characteristics of both discoveries, and to explore the newly discovered zones near Falla 13 and the Cototuda corridor, alongside numerous other unexplored targets. Very exciting times for the Torq team. Visit the company’s website at https://torqresources.com/
...more
View all episodesView all episodes
Download on the App Store

Financial Survival NetworkBy Kerry Lutz

  • 4.3
  • 4.3
  • 4.3
  • 4.3
  • 4.3

4.3

36 ratings


More shows like Financial Survival Network

View all
Peak Prosperity by Chris Martenson

Peak Prosperity

566 Listeners

Financial Sense(R) Newshour by Jim Puplava

Financial Sense(R) Newshour

378 Listeners

Sprott Money News by Sprott Money

Sprott Money News

148 Listeners

Mining Stock Education by Bill Powers

Mining Stock Education

141 Listeners

Gold Goats 'n Guns Podcast by Tom Luongo

Gold Goats 'n Guns Podcast

332 Listeners

Palisades Gold Radio by Collin Kettell

Palisades Gold Radio

252 Listeners

Coffee and a Mike by Michael Farris

Coffee and a Mike

369 Listeners

Shaun Newman Podcast by Shaun Newman

Shaun Newman Podcast

49 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,030 Listeners

Doug Casey's Take by Matthew Smith

Doug Casey's Take

122 Listeners

ITM Trading Podcast by The Daniela Cambone Show and Taylor Made Economics

ITM Trading Podcast

74 Listeners

Wealthion - Be Financially Resilient by Wealthion

Wealthion - Be Financially Resilient

377 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

404 Listeners

The Julia La Roche Show by Julia La Roche

The Julia La Roche Show

59 Listeners

Commodity Culture by Jesse Day

Commodity Culture

18 Listeners