Drill for equity agreement between Torque and Topdrill expanded. 100% of drilling costs invoiced by Topdrill to be paid in ordinary shares, revised up from $500,000 to $700,000, with a voluntary 6-month escrow period on the shares issued.
Discovery of high-grade gold deposits characterised by parallel structures spanning 2.5 kilometres by 1 kilometre, with strong expansion potential all directions. Best gold results in Figure 2
Return (inc div) 1yr: 22.22% 3yr: N/A 5yr: N/A
Bald Hill Lithium Mine and Gold Projects ..Neighbours the Minerals Resources MIN
So to keep Mining TOR will need some more cash by Sept /Dec 2024
6,500-meter reverse circulation (RC) and Diamond drilling campaign will commence this week at the Paris gold Project.
Paris and Observation gold recovery is ~40% via gravity concentration. o Paris achieved 96.79% and Observation reached 99.7% gold recoveries with cyanide leach testing. o Minimal cyanide soluble copper species pose no issue for gold recovery. o Cyanide consumption is low: Paris at 0.43kg/t and Observation at 0.165kg/t.
Return (inc div) 1yr: 14.29% 3yr: N/A 5yr: N/A
