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Torr Metals Inc. (TSX.V: TMET) Reports High-Grade Copper-Gold Potential At-Surface, Indicates Untapped Exploration Opportunities at the Kolos Project
September 12, 2024

Torr Metals Inc. (TSX.V: TMET) Reports High-Grade Copper-Gold Potential At-Surface, Indicates Untapped Exploration Opportunities at the Kolos Project

  • The company has released final assay results from 2024 reconnaissance programs at Kolos Copper-Gold Project that tested surface exposures of mineralization and alteration.
  • Results show copper-gold grades highly comparable to neighboring porphyry deposits, with new discoveries like the Sonic Zone revealing significant untapped potential for promising porphyry-style mineralization and alteration in previously unexplored areas.
  • TMET anticipates delivering substantial value to shareholders through continued exploration of exciting new targets and development of multiple already-established zones.

Torr Metals (TSX.V: TMET), a mineral exploration company focused on advancing underexplored copper and gold prospects within prolific highway-accessible mining districts, has released the final rock grab assay results from the 2024 reconnaissance programs at its Kolos Copper-Gold Project (https://ibn.fm/1AO3f). The results are from a total of 33 rock grab samples collected from the Kirby, Rea and Clapperton exploration target zones, indicating high-grade copper-gold mineralization within undrilled surface outcrop together with a new copper-gold discovery in the northern portion of the Kolos Project, known as the Sonic Zone.

“The latest results from our 2024 reconnaissance sampling programs not only affirm the high-grade potential of the Kolos Project but also highlight significant untapped exploration opportunities across multiple zones,” observed Malcolm Dorsey, Torr Metals president and CEO. “The discovery of the Sonic Zone is particularly promising, as it opens up a new area of mineralization that bears geological similarities to the high-grade New Afton copper-gold porphyry deposit, located just 27 km to the north.”

“These findings underscore the vast potential for untouched new discoveries within the project area,” Dorsey continued. “As we consider future avenues to advance the project, we anticipate delivering substantial value to our shareholders through continued exploration of these exciting new targets as well as development of our already established zones.”

Highlights of the Kolos Project report indicate multiple areas with strong mineralization. “The 2024 rock grab reconnaissance sampling programs have identified new sample locations and notable increases in copper (‘Cu’) grades across multiple zones within the project area,” the report stated. “Out of 33 rock grab samples collected, 9 returned values exceeding 500 parts per million (‘ppm’) Cu. This includes an outcrop sample of malachite-stained potassically-altered magnetic diorite from the Kirby Zone, which yielded 0.38% Cu and 0.22 grams per tonne (‘g/t’) Au within a ZTEM geophysical anomaly that extends over 1,000 meters in depth, yet to be tested by drilling.” Initial rock grab samples from the new Sonic Zone also revealed anomalous copper (“Cu”) and gold (“Au”) values in outcrop within a 1,000- by 2,000-meter footprint of strong magmatic-hydrothermal alteration that aligns with the margins of a high magnetic geophysical signature, identified as a potential source monzodiorite intrusion.

“With no previous exploration recorded in this area, the discovery of the Sonic Zone reinforces Torr’s exploration model and suggests the potential for another large-scale cluster of anomalies comparable in scale to the already established Kirby, Lodi, Ace and Rea targets to the south,” the company stated in the report.

The report also reinforced the potential for expansion in the Clapperton Zone footprint, with large angular boulders “interpreted as being close to their original source,” returning anomalous copper values up to 816 parts per million (“ppm”) more than 1,000 meters east of the 2023 soil sampling grid boundaries; in “an area coincident with multiple high-resistivity geophysical anomalies that are identical to that associated with the host intrusion at the main Clapperton showing.”

The combination of robust surface samples, high-grade copper-gold values, and kilometer-scale geophysical signatures, reminiscent of large-scale porphyry systems, sets an exciting foundation for future work. With multiple established zones and the new discoveries aligning with Torr’s exploration model, the company is well-positioned for future drilling, opening the door to potentially transformative discoveries at Kolos.

Torr Metals, based in Vancouver, British Columbia, is dedicated to advancing its 100% owned, district-scale copper-gold porphyry and orogenic gold projects in highly accessible mining regions of Canada. Each project benefits from excellent existing infrastructure, year-round drilling potential, and low-cost development opportunities. The company’s Kolos Project is located on Highway 5 just 23 kilometers north-northeast of Merritt, British Columbia, and an estimated 30 kilometers southeast of Canada’s largest open-pit copper mine at Highland Valley.

For more information, visit the company’s website at www.TorrMetals.com.

NOTE TO INVESTORS: The latest news and updates relating to TMET are available in the company’s newsroom at https://ibn.fm/TMET

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