Torian Resources Ltd. is pleased to announce that gold mineralisation has been confirmed at various high priority targets in and around the Tyrannus prospect by AV drilling at the Mt Stirling Gold Project within anomalous surface pXRF arsenic zones. To date, arsenic anomalies have proven to be highly correlated with gold mineralisation. The Company has now planned a 36-hole RC drilling campaign to follow up on these AV [...]
Torian Resources Ltd. is pleased to announce a New Option Rights Issue for shareholders who hold shares in Torian as at 20 October 2021 . Eligible Shareholders will be entitled to subscribe for 2 New Options for every 5 shares held on the record date at subscription price of $0.001 per option. The last day to purchase shares on market to be eligible for the Rights Issue is 18 October 2021 . The Company intends to apply to [...]
Torian Resources Ltd. is pleased to announce results from various drilling campaigns at Mt Stirling. Results continue to increase the extents of gold mineralisation at various prospects and multiple gold domains, with pierce point intercepts beyond the current resource boundaries. Torian Executive Director Mr Peretz Schapiro said: "The continuous discovery of gold beyond the Mt Stirling resource boundary provides us with [...]
Torian Resources Ltd. is pleased to announce that gold mineralisation has been confirmed at various high priority targets by AV drilling at the Mt Stirling Gold Project within anomalous surface pXRF arsenic zones. Auger Vacuum drilling provides extremely clean uncontaminated samples of overburden and oxide material above hard rock basement that are able to be screened by pXRF for vectoring minerals and elements and [...]
Torian Resources Ltd. is pleased to announce that the conditions relating to the equity swap agreement it entered into with BullionFX in March of 2021 have now been satisfied, following BullionFX listing its token $BULL on a secondary exchange and trading for >US50c. Highlights: - In March 2021 Torian Resources Ltd. entered into an equity-swap arrangement to take a low-risk equity position in BullionFX Ltd subscribing for [...]
Torian Resources Ltd. is pleased to announce results from its latest drilling campaigns at Stirling Well. Results have increased the footprint of gold mineralisation at Stirling Well, with pierce point intercepts beyond the maiden resource boundary. The tenor of high-grade intercepts are also significantly above the global resource grade. Stirling Well Drill update Two phases of shallow RC drilling were conducted at Mt [...]
Torian Resources Ltd. is pleased to announce that RC drilling has commenced at Diorite. At least 12 holes for 1,230 metres will be drilled at both Diorite East and Diorite North which will aim to test strike extensions of mineralisation uncovered during the Company's most recent Diorite drilling campaign. Highlights: - RC drilling has commenced at both the Diorite East and Diorite North prospects - At least 12 holes for [...]
Torian Resources Ltd. is pleased to announce that all initial results from Diorite regional reconnaissance drilling have now been received and reviewed. A total of 21 drill holes for 2,683m were drilled. Encouraging results from gold intercepts associated with historical workings at the "Unexpected Mine" prospect, and mineralised target horizon zone at Diorite East, warrant follow-up RC drill testing. Planned drilling [...]
Torian Resources Ltd. is pleased to advise that via its wholly owned subsidiary Tarmoola Holdings Pty Ltd it has exercised its option to purchase the 172,662 Ha Tarmoola Station and associated mining services business "Carhill Contracting". The majority of Torian's Mt Stirling Gold Project including the Mt Stirling, Stirling Well, numerous historical mine workings, and much of the Diorite prospects and historical mines [...]
Torian Resources Ltd. is pleased to report on exploration activities during the June quarter. During the quarter the Company announced a material upgrade to the Mt Stirling Mineral Resource Estimate as well as focussing on drilling and interpretation of the Mt Stirling and Mt Stirling Well drilling results. The Company has also been focused on securing financing for the acquisition of the Tarmoola Pastoral Station and [...]
Torian Resources Ltd. is pleased to announce that surface pXRF and field work conducted over recent weeks has uncovered two new high priority targets at the Mt Stirling Gold Project. Tyrannus is a new significant ~400m strike >10ppm As with a peak 46ppm As which has been discovered on the NNW Ursus Fault position. The structural setting is significant as the Tyrannus discovery is situated on an inflection and splay [...]
Torian Resources Ltd. provides an update on the admission of Monger Gold Ltd to the official list of the Australian Securities Exchange . Following close of the offer on 28 May 2021 the Company has been progressing its satisfaction of the conditions precedent to admission as detailed by the ASX. Monger Gold presently anticipates being admitted to the official list on ASX by the end of June 2021. Further information in [...]