Junior explorer, Torian Resources has scooped a slew of high-grade gold hits at its flagship Mt Stirling gold project, some 40 kilometres north-west of Leonora in WA. The company struck a 10 metre intersection at 3.59 grams per tonne gold from 12m including a 3m hit grading 7.9 g/t gold from 14m in the first planned drillhole at its Mt Stirling-Viserion resource.
Other notable results from infill drilling at the Mt Stirling-Viserion resource included a 1m mineralised zone grading 1.62 g/t gold from 64m and a 24m hit going 1.03 g/t gold from 69m. The latter included a 7m strike at 1.56 g/t gold from 81m and a 1m intersection at 2.94 g/t gold from 82m. According to the company, about half a dozen assay results are still pending.
Torian also unveiled a suite of precious metal goodies at its Tyrannus resource, about 1km away. The highlights include a 4m intersection grading 1.22 g/t gold from 4m including a 1m hit going 3.26 g/t gold from 7m. Some of the longer intersections included a 6m strike at 1.05 g/t gold from 12m including a 2m hit going 2.39g/t gold from 14m. Torian says its work at Tyrannus has confirmed multiple mineralised gold zones.
The company says it plans to continue peppering its Mt Stirling ground into the new year having secured a trio of RC drill rigs to sniff out more gold.
Torian Resources Executive Director, Peretz Schapiro said:“Today, our Mt Stirling Gold Project is significantly more advanced than where it was 12 months ago. We have increased our resource, identified and proven numerous high priority gold targets and are well on the way to growing our global resource in 2022. We look forward to providing continuous updates over the coming weeks, as our drilling program continues to ramp up.”
Torian’s latest assault on its Mt Stirling ground is part of a drilling frenzy that will see the company sink multiple holes totalling 17,500m across its WA tenure. According to the Perth-based company, the work is aimed at propping up its recent discoveries, elevating the Mt Stirling-Viserion resource to the higher confidence ‘indicated’ category and scooping up more gold ounces by extending the strike and depth of the gold system.
The Mt Stirling land package is a two-piece puzzle that hosts the Stirling Block to the north and the Diorite Block to the south. The former lays claim to the company's prized possession - the 100,000-ounce-plus Mt Stirling gold deposit and the Stirling Well deposit that boasts close to 16,000 ounces of contained gold.
These latest results will likely generate some significant interest in Torian and its Mt Stirling project going forward. With assays pending and a trio of drill rigs set to be unleashed, this company could be one to watch in 2022.
Is your ASX-listed company doing something interesting? Contact: matt.birney@businessnews.com.au
By Matt Birney
