Jessup Project
DRILL-READY EXPLORATION ON A GOLD-SILVER TARGET
JESSUP RESOURCE
The current Jessup Resource consists of 158 unpatented lode mining claims in Churchill County, Nevada. The property covers a calculated 2780 acres, reporting 331,800 oz AuEQ Measured & indicated at 0.606 GPT Au*.
With historic heap leach results average 84% gold and 27% silver, test results have met the requirements needed.
- Located in the underexplored San Jacinto area of Nevada
- Area hosts high-grade gold-silver drill intercepts in a vein structural setting
- Low royalty burden at 1.6% NSR
- Access to water rights.
* 2018 RDI Technical Report historical resource: 17 million tonnes with 275,000 oz Au and 3,934,000 oz Ag, at 0.501 gpt Au and 7.2 gpt Ag
REGIONAL ADVANTAGES
NEVADA
Torrent Gold’s strategic investment in the Jessup property benefits significantly from its location in mining-friendly state Nevada.
- Streamlined permitting
- Supportive State government
- Legal and Regulatory Stability
JESSUP IS TAKING BOLD NEXT STEPS
EXPLORATION PLAN
Previous operators conducted drilling for a total of:
PERMITTING
2022: Initial permits at <5 acres disturbance
2023: 10 month period for large scale drill program
RESOURCE REPORT
2022: Technical Report Pending, 43-101 Compliant
2024, Early: Updated NI 43-101 Resource Report
UPSIDE PORTFOLIO
Torrent Gold’s experienced management has been 4 years in negotiations to acquire an additional exploration portfolio of 6 properties from Liberty Gold.
This portfolio is primed for a potential JV model.
100% Owned by Torrent Gold
Carlin type, sedimentary rock-hosted gold property, with undrilled gold targets.
100% Owned by Torrent Gold
Carlin-type, sedimentary rock-hosted gold property with a 2,740 by 735 m jasperoid zone.
100% Owned by Torrent Gold
Low sulphidation gold /silver property with highlight gold values from 1.46 to 4.55 grams per tonne (“g/t”) gold from 1.5 metres (“m”) drill intersections along a 305 m long vein
(true widths unknown)
49% Owned by Torrent Gold
Low sulphidation gold property with highlight drill intersections of 2.41 g/t gold over 16.7 m, including 14.95 g/t gold over 1.5 m, and 0.99 g/t gold over 18.3 m, from surface in hole PB-24. 305 m long vein (true widths unknown).
49% Owned by Torrent Gold
Low sulphidation epithermal vein-breccia-stockwork gold-silver deposit with a 2010 historic resource.
49% Owned by Torrent Gold
Low sulphidation epithermal gold property with highlight drill intersections of 1.09 g/t gold over 33.5 m (true width unknown).