Torr Metals Confirms Kilometre-Scale Geophysical Anomalies Coincident with Untested Copper Porphyry Targets at Kolos

VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- via IBN – Torr Metals Inc. (“Torr” or the "Company") (TSX-V: TMET.V) is very pleased to announce preliminary results that have identified near-surface high priority geophysical resistivity anomalies extending up to >1.5 kilometers (km) depth that are coincident with highly anomalous copper (Cu), gold (Au), and molybdenum (Mo) mineralization at-surface (Figure 1). These compelling exploration drill targets have been identified using a newly completed 3D resistivity inversion voxel model, derived from the ZTEM geophysical survey completed over the entirety of the 100% owned ~140 km² Kolos Copper-Gold Project in late 2023 (Figure 1).

The geophysical survey data was analyzed in conjunction with recently published soil geochemistry, revealing a multi-centred cluster porphyry trend spanning 7 kilometers (km) (see March 25, 2024 news release). This trend encompasses 5 priority exploration targets for Cu-Au and Cu-Mo that delineate potential porphyry centres, all of which have never been drilled. Each target zone is defined by >200 parts per million (ppm) Cu in soil with concentrations reaching a peaks of 1175 ppm Cu and 725 ppb Au (Figure 1). All of the priority exploration targets are road-accessible from Highway 5, approximately 23 km north-northeast of the city of Merritt, British Columbia.

Highlights: 

• Kilometre-scale Surface Exploration Targets Now Extended to Depth: The results of the 3D resistivity inversions have confirmed multiple untested sub-surface drilling opportunities with 3 major potential porphyry centres within the Lodi, Kirby, and Clapperton Zones together with 2 additional satellite Cu-Au porphyry epithermal targets within the Ace and Rea Zones.  
• Multiple Broad Resistivity Anomalies Indicate Impressive Scale: Across the Lodi, Kirby, and Clapperton Zones, extensive low to moderate and high resistivity anomalies span multiple kilometers in the sub-surface, aligning with concentrated higher-grade Cu ± Au ± Mo mineralization at the surface (Figure 1).
• Multiple Large-Scale Geophysical Anomalies Coincident with Surface Mineralization:
  • Analysis has confirmed an extensive anomalous resistivity signature, stretching over 4.8 km in strike-length, connecting the Cu-Au Lodi and Kirby Zones at depth (Figure 2). Copper-gold mineralization in both zones has a strong correlation to anomalous low to moderate resistivity, with anomalous signatures extending up to 1000 meters (m) in depth while measuring ~1850 m and ~2500 m in strike-length within the Lodi and Kirby Zones respectively (Figure 2, Figure 3).
  • Anomalous copper-molybdenum in soil coincides with an at-surface high resistivity anomaly at the Clapperton Zone, attributed to an exposed quartz-rich domain, typical of the upper levels of a porphyry system, within a multi-phase diorite intrusive host; resulting in an anomalous geophysical signature measuring ~1400 m in width and >1500 m in depth (Figure 3).
• Kirby Zone Expansion Potential: The anomalous geophysical signature at the Kirby Zone extends >1900 m south of the 2023 soil grid, suggesting significant expansion potential with further soil sampling.

"The strong correlation between highly anomalous resistivity areas and known surface copper-gold and copper-molybdenum mineralization is incredibly promising," said Malcolm Dorsey, President and CEO. "We are now identifying the robust plumbing behind these prolific mineralizing systems, indicating an immense scale of underlying potential. Torr is now equipped with the precise knowledge on where and how to best target these anomalies in the sub-surface and with multiple untested zones delineated across a 7 km cluster porphyry trend this is a significant opportunity for a potentially major new copper discovery located only 30 km from Canada’s largest open pit copper mine at Highland Valley.”