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Gold Fields bolsters Chile presence with investment in Torq Resources

The financing proceeds will be used to advance Torq's portfolio of projects in Chile, primarily the Santa Cecilia gold-copper project.

Torq Resources Inc.: Torq Identifies Large-Scale Geophysical Anomalies at the Margarita Copper-Gold Project in Chile

Torq Resources Inc.: Torq Identifies Large-Scale Geophysical Anomalies at the Margarita Copper-Gold Project in Chile VANCOUVER, BC / ACCESSWIRE / April 21, 2021 / Torq Resources Inc. (TSXV:TORQ)(OTCQX:TRBMF) ("Torq" or the "Company") is pleased to announce initial results from its ongoing exploration program at the Margarita Iron-Oxide-Copper-Gold (IOCG) project located in northern Chile, approximately 65 kilometres (km) north of the city of Copiapo and within the prolific Coastal Cordillera belt that hosts the world-class Candelaria (Lundin Mining Corp.) and Manto Verde (Mantos Copper Holding) IOCG mines, and porphyry-skarn deposits such as Santo Domingo (Capstone Mining Corp.) and Inca de Oro (PanAust/Codelco). Torq's primary objective is to discover a large-scale copper sulphide source for the abundant copper oxide mineralization observed on the southern region of the property. Results from a ground-based induced polarization (IP) geophysical survey have outlined two north-northwest trending chargeability anomalies, approximately 3 km by 500 metres (m) in size, which Torq's technical team believes are associated with sulphide mineralization (Figure 1).

Torq Identifies Large-Scale Geophysical Anomalies at the Margarita Copper-Gold Project in Chile

Torq Resources Inc.: Torq Options Margarita Iron-Oxide-Copper-Gold Project in Chile

Torq Resources Inc.: Torq Options Margarita Iron-Oxide-Copper-Gold Project in Chile VANCOUVER, BC / ACCESSWIRE / March 8, 2021 / Torq Resources Inc. (TSXV:TORQ)(OTCQX:TRBMF) ("Torq" or the "Company") is pleased to announce that it has successfully acquired the option to earn a 100% interest in the Margarita Iron-Oxide-Copper-Gold (IOCG) project located in Chile, 65 kilometres (km) north of the city of Copiapo. The property is located within the prolific Coastal Cordillera belt that hosts the world-class Candelaria (Lundin Mining Corp.) and Manto Verde (Mantos Copper Holding) IOCG mines, and porphyry-skarn deposits such as Santo Domingo (Capstone Mining Corp.) and Inca de Oro (PanAust/Codelco) (Figure 1).

Torq Options Margarita Iron-Oxide-Copper-Gold Project in Chile

Torq Options Margarita Iron-Oxide-Copper-Gold Project in Chile

Torq Options Margarita Iron-Oxide-Copper-Gold Project in Chile

Torq Options Margarita Iron-Oxide-Copper-Gold Project in Chile