LOS ANGELES, Sept. 05, 2024 (GLOBE NEWSWIRE) -- via IBN – IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode of The MiningNewsWire Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels.
The MiningNewsWire Podcast features revealing sit-downs with executives who are shaping the future of the global mining industry. The latest episode features Malcolm Dorsey, President, CEO and Director of Torr Metals Inc. (TSX.V: TMET), a mineral exploration company dedicated to advancing its 100% owned, district-scale copper-gold porphyry and orogenic gold projects in highly accessible mining regions of Canada.
To begin the interview, Dorsey discussed Torr Metals’ founding and his vision for the company.
“Torr Metals was really founded with the vision to capitalize on the increasing demand that we can all see for copper and gold,” he said. “Our goal was to identify and develop underexplored project areas with high potential for new discovery. What we've found is that historical areas with high drill density often have a known deposit that's already there, or they’ve got geological targets that have been tested multiple times by previous explorers. This really limits the potential for major new discovery, which we think will deliver the most value for our shareholders.”
“Instead, Torr Metals focuses on district-scale areas with low exploration maturity and excellent access to highways, power grids, and mining infrastructure. So, enough there to indicate some great potential with multiple targets, but still early stage with very low cost to exploration. This maximizes our opportunities to make one or more discoveries, especially as we are able to organically build very large projects with multiple prospective targets. This is all done at a very low cost, usually staking. With that, we don't have to pay into any expensive acquisition agreements or anything like that. We keep low dilution on our share count while putting as much money into the ground as possible. Our ultimate goal here is to discover and develop a significant new copper and gold resource and bring that value to our shareholders.”
“My background is in structural geology. Fundamentally, this is a specialization in figuring out where the best potential lies for potential deposits that often remain hidden, and I think this is where the industry is really starting to move. Many of the easier sites have already been found over the past decades. Finding new ones is going to really require unraveling the puzzle to find the needle in the haystack, and that's what structural geology is all about. Our ability to find that needle has already been demonstrated over the past 11 months since acquiring our Kolos copper-gold and Filion gold projects. At Kolos, our 2023 soil sampling revealed four potential porphyry centers with geophysical anomalies extending over a kilometer deep. Surface samples confirmed the presence of 0.38% copper and 0.22 g/t gold. Meanwhile, at Filion, we've identified six parallel gold-bearing structures with soil anomalies up to 1.32 g/t gold, extending up to 1.2 kilometers, aligning with historical channel samples of over 91 g/t gold across 0.3 meters. These findings, all of which are road-accessible and untested by drilling, highlight our success in uncovering previously unrecognized targets in underexplored prolific areas.”
Join IBN’s Stuart Smith and Malcolm Dorsey, President, CEO and Director of Torr Metals, to learn more about the company’s leadership team, as well as the unique opportunities the company presents to investors.
To hear the whole podcast and subscribe for future episodes, visit https://podcast.miningnewswire.com.
The latest installment of The MiningNewsWire Podcast continues to reinforce IBN’s commitment to the expansion of its robust network of brands, client partners, followers and the growing IBN Podcast Series. For more than 18 years, IBN has leveraged this commitment to provide unparalleled distribution and corporate messaging solutions to 500+ public and private companies.
To learn more about IBN’s achievements and milestones via a visual timeline, visit: https://IBN.fm/TimeLine
About Torr Metals
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 approximately 240 km² Kolos Copper-Gold Project is located in the prolific copper-producing Quesnel Terrane of south-central British Columbia, with direct access to Highway 5, and is situated 286 km northeast of Vancouver. The approximately 261 km² Filion Gold Project lies within an unexplored gold-bearing greenstone belt, adjacent to the Trans-Canada Highway 11, just 202 km from Timmins, northern Ontario. For more information, visit the company’s website at www.TorrMetals.com
About IBN
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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