Torque Metals’ Hot Lithium Streak Continues At New Dawn With High Grade Hits

Torque Metals Ltd (ASX: TOR) has once again delivered high-grade results from the New Dawn Lithium Project in Western Australia.

A reverse and diamond drilling program intersected a very healthy 4.42% lithium peak grade.

Every hole drilled consistently encountered vertically stacked pegmatites, indicating substantial mineralisation potential open in all directions.

New Dawn is located 600 metres west of Mineral Resources Ltd (ASX: MIN) active Bald Hill Lithium Tantalum mine which hosts 26.5 million tonnes at 1% lithium.

Diamond core intersections included:

  • 13.11 metres at 1.03% lithium from 49.9 metres and 15.77 metres at 1.01% lithium from 255.9 metres; and;
  • 7.23 metres at 1% lithium from 45.7 metres and 14.16 metres at 1.01% lithium from 196.7 metres

Reverse circulation drilling extended mineralised pegmatites to the north and south following a vertically stacked pattern, remaining open in all directions:

  • 13 metres at 1.05% lithium from 67 metres;
  • 24NDRC034: 7 metres at 1.03% lithium from 50 metres; and
  • 24NDRC030: 9 metres at 1.02% lithium from 167 metres.

New Dawn has an initial exploration target estimated at between 8 and 14 million tonnes within the range of 1.0 – 1.2% lithium.

The latest results are already promising significant expansion potential.

Cristian Moreno, managing director, said:

“Torque is purposefully advancing its exploration endeavours at New Dawn and at the adjacent Paris Gold Project.

“Our objective is unequivocal: to extend the presence of spodumene-bearing pegmatites and capitalise on substantial gold mineralisation potential.”

The company’s projects cover a large area of 800 square kilometres in the heart of Western Australia’s premier mineral fields.

The project boasts good nearby infrastructure including Mineral Resources’ Bald Hill and Mt Marion Lithium mines.

As well as Gold Fields’ St Ives Gold mine, Karora Resources’ Higginsville plant Beta Hunt Gold and Nickel mine.

 

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