Jessup Project

San Jacinto Area, Churchill County, Nevada

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.
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* 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
0 +
Years of Mining Regionally
$ 0 B
Mining GDP (Nevada, 2020)
0 %
of BLM's Active Mining Claims
0 Moz Au
5.5% of Global Gold Production (2015)
JESSUP IS TAKING BOLD NEXT STEPS

EXPLORATION PLAN

Previous operators conducted drilling for a total of:

0
Holes
0
Feet

Click images to expand.

Drill Hole Grade Shell Model
3D Drill Hole Grade Shell Model

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

MAPPING, SAMPLING, DRILLING

2022: 

  • Site sampling and mapping
  • Geochemical Soils Program
  • Geophysics Program
  • Core Relogging Program
  • Updated 3D Modelling
  • 5 Hole Oriented Core Drill Program in San Jacinto

2023: 100 Hole Core Drill Program

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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).