Malcolm Dorsey, the CEO of Torr Metals (TSX-V:TMET), recently shared significant news with Steve Darling from Proactive to shed light on the release of a substantial batch of assay results stemming from the 2023 soil sampling initiative conducted on the Kolos Project, situated near Merritt, British Columbia. This latest revelation marks the emergence of an additional 857 assay results, supplementing the ongoing data analysis effort which has already amassed a total of 1753 soil samples.
The scope of the sampling endeavor has expanded to cover a vast area spanning 17.4 square kilometers. In his conversation with Proactive, Dorsey underscored the significance of the findings, particularly highlighting the presence of robust mineralized envelopes exhibiting copper concentrations surpassing 200 parts per million in the Kirby, Lodi, and Ace Zones. The newly acquired soil samples, encompassing a sizeable 4 km by 3.5 km expanse, boast impressive copper values, with 211 samples registering copper concentrations exceeding 100 ppm and 50 samples boasting levels ranging up to 761 ppm.
Furthermore, a notable 154 samples unveiled gold concentrations exceeding 10 parts per billion, with 61 of these samples surpassing the 20 ppb mark and reaching a pinnacle of 725 ppb. These results paint a vivid picture of the extensive mineral wealth harbored within the Kolos Project, signaling the tantalizing prospect of a substantial multi-centred copper-gold porphyry discovery. Dorsey further elaborated on the findings, revealing that the 2023 surficial exploration program has successfully identified extensive zones of copper-gold mineralization, strategically coinciding with highly magnetic anomalies akin to those observed in neighboring alkalic porphyry deposits. The ongoing interpretation efforts are meticulously scrutinizing geochemical pathfinder elements intricately associated with epithermal-porphyry deposits. This comprehensive analysis, bolstered by the ZTEM survey data, is poised to pave the way for precise drill targeting in the pursuit of unlocking the full potential of the Kolos Project.