Torr Metals (TSX-V:TMET) told investors it has identified multiple new gold anomalies in humus soil sampling at its Filion Gold Project in northern Ontario, with assays yielding up to 1.32 grams per tonne (g/t) gold (Au) that have never been drill tested.
The humus soil sampling conducted in 2023 identified gold anomalies coinciding with six kilometre-scale VLF-EM (very low frequency electromagnetic) conductors interpreted as significant shear structures with northeast-southwest and east-west orientations that occur within a greater than 7 kilometre (km) dilational bend of the Filion Fault, the company said in a statement.
Of the 318 humus soil samples collected, 39 exhibited gold concentrations exceeding 10 parts per billion (ppb), with 13 samples surpassing 20 ppb. The 1,320 ppb Au soil sample was collected in proximity to a historical trench where historical channel sampling reportedly yielded 91.4 g/t Au over 0.3 metres.
"These are fantastic results from our preliminary reconnaissance work that is a proof of concept to our exploration model; supporting our interpretation that the geological setting of the Filion Fault is similar to other well known gold endowed regional structures that are host to major deposits in northern Ontario," commented CEO Malcolm Dorsey.
The company noted that no soil anomalies exceeding 20 ppb Au have ever been drill-tested, and over 75% of the highly-prospective 28 conductors within the dilational bend remain untested by humus soil sampling.
It said it is currently in the process of applying for a drill permit to test these targets in 2024.
"We are very encouraged by the apparent robust nature of the mineralization where multiple paralleling shear structures are more concentrated along the Filion Fault, providing an excellent exploration target with scalability adjacent to the Trans-Canada Highway," Dorsey added.
"This is a rare ground-floor opportunity for major new discovery potential, which we will be excitedly looking to further advance with drilling in 2024."
The 100% owned Filion Gold Project is located within a prolific region of northern Ontario that hosts a number of major gold mine producers with deposits occurring in comparable geological settings. The project is ideally situated adjacent to excellent infrastructure with the town of Kapuskasing located roughly 30 km to the southeast and direct road access 4 km from the Trans-Canada Highway, regional railway, and provincial power grid.