TNR 8.70% 5.0¢ torian resources limited

News: Torian Resources adds further ground, drilling to commence in Zuleika project

  1. Torian Resources (ASX:TNR) can lay claim as one of the largest landholders in the prolific gold producing Zuleika region of Western Australia.

    A new area at Mt Pleasant North has been added to the Zuleika JV with Cascade Resources that is west of Zijin’s Paddington Mine.

    It is also close to several major gold deposits including Northern Star Resources (ASX:NSR), Tribune Resources and Rand Mining’s EKJV at Kundana of 7 million ounces.

    Previous exploration in this area has not been effusive with most previous drilling not lower than 20-50 metres.

    Torian will commence approximately 15,000 metres of drilling to test a 5 kilometres strike length of the Zuleika Shear at its Zuleika JV Project.

    Which could prove very interesting as historic drilling was not only limited but tended to be wide spaced with little follow up work on intersections.

    Investors won't have long to wait as first assay results are expected in September 2015.

     


    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

     

 
watchlist Created with Sketch. Add TNR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.