by –News Direct–
Torque Metals Ltd (ASX:TOR) MD Cristian Moreno talks Proactive through results from the first four holes drilled in its inaugural diamond drilling campaign at New Dawn Lithium Project in Western Australias Goldfields. Assays from all four of the initial shallow diamond drill holes at the project confirmed spodumene. Multiple stacked pegmatites have also been intersected in subsequent holes drilled slightly north of the central lode and one deep hole at the eastern lode – assays are still pending for these holes.
Assays from the initial four shallow drill holes at the central lode area successfully confirmed we have near-surface spodumene mineralisation at New Dawn and, pleasingly, the deeper drilling also revealed we have stacked pegmatite zones, demonstrating potential for scale, Moreno said.
All seven holes intersected a number of shallow spodumene-enriched pegmatite intervals, some up to 10.19 metres thick within the first 50 metres depth.
Of those, the three deeper holes located north and east of the central lode confirmed the presence of deeper pegmatite intersections, potentially expanding the project's mineralised boundaries and demonstrating strong continuity of the logged pegmatites both along strike and down dip.
Having confirmed the presence of spodumene-rich bearing pegmatites and multiple deep pegmatite intersections, Torque is continuing its due diligence drilling effort at New Dawn, switching predominantly to RC, with 4 RC holes per each diamond hole for another 4,000 metres in the second stage.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
View source version on newsdirect.com: https://newsdirect.com/news/torque-metals-confirms-multiple-deep-pegmatite-intersections-at-new-dawn-117530384
TORQUE METALS LIMITED
COMTEX_442128454/2655/2023-10-19T12:30:04
Julian Lopez is professor emeritus of finance, served as the founding academic affairs dean and founding chair of the finance department.
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