Torq Resources Inc. announce that it has commenced its third drill program at the Margarita iron-oxide-copper-gold (IOCG) project, located on the Coastal Cordillera belt in Chile. The drill program will focus on extension targets to its greenfields discovery, which included intercepts near surface of 90 metres (m) of 0.94% copper and 0.84 g/t gold and 98 m of 0.94 g/t gold and 0.68% copper within a defined 800 m long mineralized body. In addition, multiple untested targets that were identified through a recent soil survey will also be drilled.

In total, the Company plans to drill approximately 4,000 m in its third phase of drilling. The current 4,000 m reverse-circulation drill program will test the potential to expand mineralization in the Falla 13 discovery area, both along strike as well as laterally, testing for the potential of flat-lying manto-style mineralization, as the Company believes there is the potential for this style of mineralization immediately to the west. In addition, the Company will be testing a number of additional targets that were identified by anomalous gold-in-soils, permissive geology and geophysical surveying.