Torq’s Gold-Copper Discovery Defines an 800m Strike at Margarita Project

from Kerry Lutz's Financial Survival Network

We received a further sponsor update from Torq Resources’ (OTCQX:TRBMF — TSX.V: TORQ) CEO/Chair Shawn Wallace and Chief Geological Officer Michael Henrichsen. There’s been a steady stream of positive news and the pace is accelerating.

The company announced that it has defined a gold–copper mineralized system over an impressive 800 meter strike length at the Falla 13 discovery (in its Margarita project). Most notable among the results: 64 m of 0.63 g/t gold (Au) and 0.63% copper (Cu) in 22MAR-017R, 130 m of 0.36 g/t Au and 0.28% Cu (including 30 m of 1.02 g/t Au and 0.57% Cu) in 22MAR-023R, and 62 m of 0.51 g/t Au and 0.38% Cu (including 16 m of 1.6 g/t Au and 0.98% Cu), in 22MAR-024R.”

CEO Wallace stated, “The successful completion of the second drill program at Margarita marks an important milestone for the project and the Company. It is incredible that less than one year ago, Margarita was a prospect without a single drill hole.”

Chief Geological Officer Henrichsen concurred, “With our second phase of drilling complete at the Margarita project we have been able to delineate a mineralized body over an 800m strike length in a short amount of time. Over the next several months we will refine our targets through additional soil sampling with an emphasis on gold, additional induced polarization (IP) lines in the northern region of the project and continued geologic mapping. We look forward to outlining our third phase drill program for the project.”

The inaugural drill program at the Santa Cecilia project is next on the agenda. Torq expects major results here as well. CEO Wallace says: “I’ve never been more excited in my career…I cannot wait for this drill program. I’m giddy about it…The rarity of being able to go work on something like this…It’s a dream come true.”

As Henrichsen said, “Torq is tracking in the right direction.” Major progress is being made on its projects and investors will eventually realize the rewards of Torq’s aggressive strategy.

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