Gold Fields bolsters presence in Chile with C$15m Torq investment

Bullion miner Gold Fields is strengthening its presence in Chile with a C$15-million investment in TSX-V-listed explorer Torq Resource.

“An investment of this size at this early stage of exploration represents tremendous confidence in our projects, our approach and our team,” comments Torq CEOThe capital will primarily finance the maiden drill programme at Torq’s flagship Santa Cecilia gold/copper project, in the Maricunga belt, as well as for drilling at the Margarita IOCG project in the Coastal Cordillera belt.

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Torq secures C$15 million strategic investment from Gold FieldsA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
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