- In just over one year, Torr Metals has identified six undrilled gold anomalies covering a 1.2 x 2-kilometer (“km”) corridor, with gold soil grades up to 1.32 g/t Au along the Trans-Canada Highway; additional 2024 surface assays pending testing a highly prospective 7 km strike-length to potential mineralization
- At the 100% owned Kolos Copper-Gold Project, Torr’s inaugural soil sampling over the past year defined a 7 km porphyry trend with three undrilled copper-gold centers, boasting a footprint 33% larger than Copper Mountain Mine and double the average grades of regional deposits
- Investors can look forward to continued updates on upcoming surface sample assays, ground geophysical surveys, and the launch of inaugural drill programs at both the Kolos and Filion projects. These initiatives aim to explore newly identified high-grade copper-gold porphyry systems at Kolos and test undrilled gold soil anomalies at Filion, potentially unlocking district-scale discoveries within two of Canada’s most prolific mineral belts
Torr Metals (TSX.V: TMET) is an emerging player in Canada’s mining sector, presenting a compelling case for exploration-focused investors. Here are four key points to know about Torr and its compelling projects:
1. District-Scale Opportunities in Prime Locations
Torr Metals prioritizes highway-accessible, early-stage district-scale projects to enhance exploration efficiency and minimize costs. By operating in regions where major mining companies have established operations with near-term feed requirements, Torr positions itself as a standout in the mining sector, strategically aligning its exploration efforts with industry demands.
Its 100%-owned portfolio includes the Filion Gold Project (261 km²) in Ontario, the Kolos Copper-Gold Project (240 km²) in British Columbia, and the Latham Copper-Gold Project (689 km²) in British Columbia’s Golden Triangle—together spanning 1,189 km² of highly prospective mineral-endowed land packages.
Spanning 261 km² in Ontario, Filion is strategically located in northern Ontario near the Trans-Canada Highway and sits within a prolific mining region. Torr’s maiden exploration program in late 2023 revealed six undrilled gold soil anomalies, signaling significant untapped potential. Torr is currently systematically targeting these anomalies through its ongoing large-scale exploration program to test expansion potential and refine targeting for a future maiden drill program.
Kolos spans 240 km² in southern British Columbia, notably located along Canada’s Copper Highway within the prolific Quesnel Terrane. Situated near Canada’s largest open-pit copper mine, Highland Valley, and only 40 kilometers from Kamloops along Highway 5, Kolos benefits from year-round access and established mining infrastructure.
In early 2024, Torr released maiden soil sample results identifying a 7 km porphyry trend encompassing three potential undrilled copper-gold centers. Remarkably, the total footprint of these clustered centers is 33% larger than the nearby Copper Mountain Mine and features double the typical grades of mineralization. These results position Kolos as a new copper-gold exploration opportunity with immense growth potential in a long-lived copper jurisdiction.
Latham covers a sprawling, district-scale 689 km2 within the famous “Golden Triangle” region of British Columbia, just 20 km south of Dease Lake with year-round access via Highway 37. Latham boasts six large-scale Cu-Au exploration targets that have never been drilled, alongside the historical Gnat Pass deposit, which features 102 drill holes from the 1960s, outlining a non-compliant resource of 33 Mt at 0.39% Cu (~284 million pounds of copper)1. The region is host to major copper-gold porphyry operations, including Red Chris and Galore Creek, and has seen nearby high-profile acquisitions like Newmont’s US$311 million takeover of Saddle North in 2021 and Newcrest’s US$804 million purchase of a 70% stake in Red Chris in 2019.
2. Breaking New Ground Through High-Tech: Laying the Foundations for Multiple Inaugural Exploration Programs
Torr Metals has utilized cutting-edge LiDAR technology (Light Detection and Ranging) to uncover high-priority exploration zones in regions historically obscured by thin till cover. At the Filion Gold Project, LiDAR surveys identified 17 previously undocumented historical trenches and 18 new rock outcrops along known VLF-EM conductors, enabling precise surface sampling. The recently concluded 2024 program, which included extensive soil and rock sampling, focused on expanding mineralized zones first delineated in 2023, where gold anomalies spanned a 1.2 km x 2 km corridor centered on the Millar East occurrence. With historical grades as high as 91.4 g/t Au, this work is laying a strong foundation for inaugural drill programs designed to test and expand these promising targets.
At the Kolos Copper-Gold Project, the company will be looking to add to the legacy of the region, where its land is surrounded by multiple long-lived copper mines at Highland Valley (30 km to the northwest), New Afton (30 km to the north), and Copper Mountain (106 km to the south). Notably, initial 2024 fieldwork uncovered the Sonic Zone, a newly identified area of strong magmatic-hydrothermal alteration spanning 1,000 x 2,000 meters. Rock grab samples returned anomalous copper and gold values, suggesting potential for another large-scale Cu-Au porphyry system. This discovery aligns with Torr’s exploration model, complementing the established porphyry centers at Kirby, Lodi, Ace, and Rea to the south, further solidifying Kolos as a promising district-scale opportunity.
3. Charting a New Era of Discovery: Torr Metals Delivers a Series of Transformative Firsts at Filion and Kolos
Torr Metals has consistently demonstrated its ability to identify and advance high-potential exploration targets through innovation and a systematic approach. At Filion, the application of LiDAR technology and targeted surface sampling has uncovered new high-grade zones, establishing a foundation for inaugural drilling on undrilled gold soil anomalies grading up to 1.32 g/t Au in 2023. At Kolos, the discovery of the Sonic Zone represents a significant step forward, identifying another potential large-scale Cu-Au porphyry system alongside previously established targets. These efforts exemplify Torr’s knack for placing a finger on the “needle in the haystack” and transforming untapped potential into value-driven exploration opportunities. By leading with “firsts” at both Filion and Kolos, Torr is building a portfolio of high-quality targets at a low cost to investors poised for potentially significant fresh discoveries.
4. Resilience Amid Geopolitical Shifts
As global trade policies evolve – particularly with the upcoming return of Donald Trump to the U.S. presidency – Torr Metals’ focus on Canadian assets insulates it from trade protectionism risks. The company’s strategic alignment with domestic opportunities ensures it remains adaptable to shifting market dynamics, including rising gold prices and demand for critical metals.
Torr Metals is poised for substantial growth as it advances its innovative exploration strategies across high-potential projects. With ongoing fieldwork through the winter and a series of impactful news releases on the horizon, Torr is an exciting company to watch. For investors seeking exposure to underexplored and strategically positioned copper and gold exploration opportunities, Torr offers a compelling prospect heading into Q4 and the new year.
1 Ashbury, D.W. (1972): Ore reserves – Dease Lake Mines: personal communication sent by D.W. Ashbury to Dr. S.P. Ogryzlo dated April 28, 1972, 2p.
For more information, visit the company’s website at www.TorrMetals.com.
NOTE TO INVESTORS: The latest news and updates relating to TMET are available in the company’s newsroom at https://ibn.fm/TMET
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