Torque Metals’ confidence continues to grow in the company’s Paris gold project, located within the Boulder-Lefroy Fault Zone near Kalgoorlie in Western Australia.
The Boulder-Lefroy Fault Zone is a prolific gold-bearing structure that has produced many millions of ounces of gold.
Still in its initial phases, the Paris project area remains comparatively unexplored, with past drilling generally restricted to the top 50 metres; however, Torque Metals is determined to give this emerging gold camp the attention it believes it deserves.
‘Our December 2022 quarterly report revealed we invested 83 per cent of our budget in exploration activities, and in the latest quarter we invested 76 per cent of our budget on exploration,’ says Torque Metals Managing Director Cristian Moreno.
‘Our focus is the Paris project, where we are exploring between three prospects we have identified to date – Observation to the north, HHH in the middle, and Paris to the south.’
To date, Torque has established a 2.5-kilometre strike length from the top to the bottom of the three deposits.
The current strike length for Paris is one kilometre, 450 metres for HHH, and 400 metres for Observation. Although these appear lean on paper, Torque considers there to be significant potential to build a substantial high-grade gold resource.
‘Our confidence in the high-grade aspect stems from previous drilling campaigns intersecting highly mineralised zones,’ Moreno says.
‘These include a recent result of 39 metres at six grams per tonne of gold, and earlier results of 27 metres at 11 grams per tonne of gold, as well as 24 metres at 12 grams per tonne of gold.
‘What is even more important than the grades we are seeing is that they occur at shallow depths.’
Torque’s approach takes inspiration from its next-door neighbour Gold Fields, which also started working up small regional targets that eventually proved to be connected at depth.
‘Gold Fields realised it had multiple prospects on the surface that were not connected at surface,’ Moreno continues.
‘Underground, it did connect them all – leading to the large St Ives resource.
‘Our geology suggests we could have something similar, and the idea now is to get to understand the parallel structures we are currently exploring, and to also try and connect the perpendicular structures.
‘In order to do so, we need to continue our exhaustive drilling efforts.’
Drilling seems to be part of the company’s DNA, which is understandable given the results it has achieved thus far.
Recent diamond drilling at the Paris prospect encountered multiple highly altered fault zones with sulphide mineralisation, albite alteration and quartz veining over visible widths, providing promising opportunities to locate additional mineralisation.
Torque immediately commenced more drilling – this time, a 5000-metre reverse circulation program with the aim of extending known existing mineralised zones, discovering new mineralised structures, identifying additional parallel mineralised targets, and establishing connectivity between the Paris, HHH, and Observation prospects.