- Torian Resources (TNR) has discovered a new lode at the Unexpected prospect within its wider Mt Stirling Gold Project in Western Australia
- The company says further high-grade gold assays at Unexpected have confirmed the discovery of the Estera lode
- It’s believed the assays, which include best results of 1 metre at 18.79 grams per tonne gold, show a sub-parallel zone to recent high-grade intercepts
- Estera is the fifth target Torian has identified at Mt Stirling and the company has begun planning follow-up drilling to test the new lode
- Shares in Torian Resources are steady at 2.5 cents each
Torian Resources (TNR) has discovered a new lode at the Unexpected prospect within its Mt Stirling Gold Project in WA’s goldfields region.
The company said further high-grade gold assays at Unexpected, which is part of the Diorite block at Mt Stirling, have confirmed the discovery of the Estera lode.
Best results include 4 metres at 4.86 grams per tonne (g/t) gold from 52 metres, including 1 metre at 18.79 g/t gold from 55 metres and 1 metre at 7.41 g/t gold from 64 metres.
Torian believes this mineralisation occurs as a sub-parallel zone to its recent intercept of
2 metres at 12.18 g/t gold from 20 metres, including 1 metres at 14.67 g/t gold.
Commenting on the new discovery, Torian’s Executive Director Peretz Schapiro said it was the fifth target they’d located at the project.
“This new discovery at Diorite continues to demonstrate the prospectivity of our Mt Stirling Gold Project,” he said.
“We now have a minimum of five significant targets where we have identified what may be numerous significant gold systems.”
Torian has begun organising follow-up drilling to test the new lode, as well as the other targets within Mt Stirling.
Full details of the next campaign will be released shortly, but Torian advises the reverse circulation drill rig has already begun testing the strike extension at Estera.
Company shares were trading steady at 2.5 cents each as of 12:53 pm AEDT on Wednesday.