Torq Resources Pursues “Rare Opportunity to Drill Untested Porphyry Systems in a World-Class Belt”
Torq Resources (TSXV: TORQ | OTCQX: TRBMF) has initiated surface exploration at its Santa Cecilia gold–copper project located in the world-class Maricunga belt in northern Chile, approximately 100 km east of the city of Copiapo. The surface exploration program is focused on defining drill targets with the aim of initiating the first drill program at Santa Cecilia in Q1 2023.
Shawn Wallace, CEO & Chair, stated: “The initiation of work at our flagship Santa Cecilia project represents a major milestone for the Company as it brings us one step closer to our highly anticipated inaugural drill program at the project. With Gold Field’s C$15M investment, and additional financing mechanisms in place with longstanding shareholders, the Company is on solid footing heading into 2023, and we are looking forward to an exciting and prosperous year for all stakeholders.”
Michael Henrichsen, Chief Geological Officer, stated: “It is with great anticipation that we start surface work at the Santa Cecilia project, as it provides a rare opportunity to drill untested porphyry systems in a world-class belt. The application of modern exploration techniques with the benefit of the understanding of other porphyry discoveries in the district will put the Company in an excellent position for a potential discovery. We look forward to generating our first drill targets in the coming months as the we develop these crucial data sets.”
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