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Torq Resources Begins Drilling at Santa Cecilia Project

Story Highlights
  • Torq Resources focuses on gold and copper exploration in Chile’s Maricunga belt.
  • Drilling at Santa Cecilia aims to extend mineralization findings with Gold Fields’ support.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Torq Resources Inc ( (TSE:TORQ) ) has provided an announcement.

Torq Resources Inc. has commenced drilling at its Santa Cecilia gold-copper project in the Maricunga belt, northern Chile. This initiative follows a joint venture agreement with Gold Fields, aiming to explore the Pircas Norte and Gemelos Norte targets. The drilling program, funded by Gold Fields’ initial USD$6 million commitment, seeks to extend previous mineralization findings, marking a significant step in unlocking the project’s value.

More about Torq Resources Inc

Torq Resources Inc. operates in the mining industry, focusing on the exploration and development of gold and copper projects. The company is particularly active in the Maricunga belt in northern Chile, a region known for its significant mineral deposits.

YTD Price Performance: 30.0%

Average Trading Volume: 178,441

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$9.04M

For a thorough assessment of TORQ stock, go to TipRanks’ Stock Analysis page.

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