- With about 70% of the world’s known gold reserves mined, there is a growing urgency to discover and develop new gold and copper mines
- Torr Metals searching is searching for the next big gold & copper deposit across its 1,100 km² of 100% owned highway-accessible projects located in some of Canada’s most prolific mining jurisdictions
- Recent findings at the Kolos Copper-Gold Project defined a previously unknown trend to Cu-Au ± Mo mineralization with multiple potential undrilled porphyry centers stretching over 7 kilometers adjacent to Highway 5
Gold has been treasured for its beauty and value for thousands of years. The shine on gold might not be dimming, but its supply is. Declining production from existing mines and dwindling reserves are creating a pressing need for new virgin discoveries and development projects.
Several factors are contributing to the supply squeeze. Firstly, many existing gold mines are reaching the end of their productive lifespans. These mines were often opened decades ago, exploiting the most readily accessible and high-grade deposits. To that point, it is estimated that about…
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