Torrent Gold (CSE:TGLD) focuses on gold exploration and development backed by a management team with the right expertise and experience. The company’s flagship project is Jessup, a drill-ready, gold-silver asset in Nevada. Jessup currently has a measured resource estimate of 331,800 ounces of gold equivalent, and there is potential for additional deposits as much of the asset is unexplored. Torrent Gold’s management team has operational experience in Nevada, technical experience in gold, and prioritizes transparency throughout its organization.
The company also has an exploration portfolio of properties throughout Nevada, each of which is primed for a potential JV model, creating an additional revenue stream. In addition, Torrent Gold is continuously evaluating new projects for synergy potential with Jessup and its early-stage assets. The company is also exploring its Clover Mountain Project in Idaho, which has excellent development potential following additional exploratory campaigns.
This Torrent Gold profile is part of a paid investor education campaign.*
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Torrent Gold Inc. (the "Issuer") was halted on July 5, 2022, following the announcement of the agreement with JMX, LLC, to acquire the intermediate stage Jessup gold-silver exploration project, which would have been a Fundamental Change pursuant to CSE Policy 8. The Issuer has subsequently announced the termination of the agreement.
The issuer will resume trading on March 16, 2023.
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Torrent Gold Inc. (l'« Émetteur ») a été arrêtée le 5 juillet 2022, suite à l'annonce de l'accord avec JMX, LLC, pour acquérir le projet d'exploration aurifère-argentifère de stade intermédiaire Jessup, qui aurait été un changement fondamental conformément à Politique du CSE 8.
L'émetteur a par la suite annoncé la résiliation de l'accord. L'émetteur reprendra ses activités le 16 mars 2023.
| Issuer/ Emetteur : | Torrent Gold Inc. |
| Symbol/symbole : | TGLD |
| Effective Date/Date effective: | Le 16 mars/March 2023 |
If you have any questions or require further information please contact Listings at (416) 367-7340 or E-mail: Listings@thecse.com
Si vous avez des questions ou si vous avez besoin d'informations supplémentaires, veuillez contacter le service des inscriptions au 416 367-7340 ou par courriel l'adresse: Listings@thecse.com
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Trading resumes in:
Company: Torrent Gold Inc.
CSE Symbol: TGLD
All Issues: Yes
Resumption (ET): 10:00 AM
IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada .
SOURCE Investment Industry Regulatory Organization of Canada (IIROC)
View original content: https://www.newswire.ca/en/releases/archive/March2023/16/c0356.html
News Provided by Canada Newswire via QuoteMedia
Highlights
“KalGold is proud to report the first Mineral Resource Estimate at the Kirgella Gift and Providence gold deposits. It totals ~76,000 oz defined at over 1.0 g/t Au from only 3m depth, remains open in several directions, and is considered the first step in defining the full potential of the Kirgella Gift and Providence gold deposits. Pleasingly, we have defined a shallow gold resource at a very low cost to the Company of around A$4.20 per gold ounce.
The Kirgella and Providence mineral resource estimate is comparable to other deposits within the Laverton Tectonic Zone and is considered typical of the region. This is particularly true of some of the constituent deposits at Ramelius Resources’ (ASX:RMS) Rebecca Gold Project, around 20 km to the south along strike.
KalGold now has defined a total resource base of 214,300 oz of gold. The increased resource base enables KalGold to commence high level mining optimisation studies to assess pathways to production. KalGold looks forward to continuing to progress its work in the Pinjin area with the aim of significantly growing this initial JORC Code (2012) resource and defining a suite of additional shallow resources.”
First Gold MRE at KalGold’s Pinjin Project
The Inferred MRE of 2.34 Mt @ 1.0 g/t Au for 76,400 oz Au has been defined at a 0.5 g/t gold cut-off from the Company’s recent drill focus on the shallow portion of the Kirgella Gift and adjacent Providence gold deposits (see Table 1), combined with thoroughly validated historic datasets. Work continues on both deposits, with gold mineralisation open at depth and along strike between the two. This MRE is expected to form the basis of future updates as drilling and exploration continues.
Table 1 – Kirgella Gift and Providence Mineral Resource at a 0.5 g/t gold cut-off Note totals may not sum due to rounding.Click here for the full ASX Release
This article includes content from Kalgoorlie Gold Mining Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
