The Torrington Project comprises EL 8258 and adjoining EL 8355 held by Torrington Minerals Pty Ltd (TMPL) a wholly owned subsidiary of Chase Mining Corporation Limited. The tenements comprise 18 units covering ~51km2located in northern New South Wales, 240km south-west of Brisbane (Queensland) in proximity to the Torrington Township approximately 65km by road south-west of the local Shire town of Tenterfield (see Figure below).
EL 8258 comprising 4 units (~12km2) was renewed on the 14thJuly 2017 for three years to 16thApril 2020.EL 8355 comprising 13 units (~39km2) was renewed on the 1 May 2018 for three years to 18 March 2021.
Mining Lease Application – MLA547
In October 2017 TMPL lodged a Mining Lease application (MLA547)over the main silexite bodies at Torrington. The Figure above shows the location of the 651-hectare (0.65km2)MLA within EL 8258 and EL 8355.
In Canada, the Company’s wholly owned Canadian subsidiary Zeus Olympus Sub Corp holds 127 Claims in south-west Quebec. The Project areas are located east and south-east of the town of Laverlochere in the Temiskaming Region that straddles the Ontario-Quebec provincial borders. A summary of the Project Claims is given in the Table below.
|Project||Claims||Area – ha||Area – km²||Renewal Date|
|Lac Des Bois – Lorraine||90||4639||46.39||July 2019*|
|Baby – Alotta-Delphi-Zullo||18||828||8.28||May/July 2020|
|Baby – Laverlochere||19||902||9.02||October 2019|
*All 90 Claims are current with renewal dates commencing from July 2019 through to September 2020. A submission to renew all 90 Claims was made in December 2018.