Torque controls most of Moina Mineral District in Northern Tasmania which contains gold, silver, tungsten, molybdenum, lead and zinc. Moina has never been comprehensively explored.
The Narrawa and Stormont prospects within the Moina Project have 42,000 ozs in gold equivalent JORC resources.
Additional Torque projects include the Southern Mt Read Volcanics (SMRV) silver, lead/zinc, gold project, Mt Paris Tin Project, and Lower Pieman Projects.
Indicated Resources are 313,000t at 2.49g/t gold, plus credits in bismuth, lead, zinc, and silver. Contained metal is 25,058ozs gold, 125,811ozs silver, 256t bismuth, 2,311t lead and 1,953t zinc. Inferred Resources are 46,574t at 2.07g/t gold. Contained metal is 3,100ozs gold, 456t lead, 377t zinc and 23,961ozs silver.
For further information refer to the Independent Geologist’s Report.