I was running an i5 4690k with a gtx 980 and everything in the Oculus store was fine. Mages Tale, Lone Echo, Bridge Crew, Robo Recall all ran fine and looked great. The 1060 is slightly more powerful than the 980 at a lower price point so should be fine. You will exceed min specs. The Touch is awesome.
Now Elite will push it. You'll start it up and be amazed at first. Then you'll start to notice things that make you a little queasy. Most likely the SRV. Places that drop frame rate. You'll have to work with your settings to find that sweet spot between performance and graphics for your system and body. It will work and be amazing, but will take some finess. With my 980 I played VR medium or Low and only used VR for a session of combat in a res or CQC, where it really shines.
The CV1 with touch is an amazing bit of kit. I wouldn't recommend it if you only want to play Elite unless you upgrade to high end PC. However if you are jumping into VR and want to experience the whole package, go for it! There are amazing experiences out now, it's a good time to jump in with the current sale. You can always work on PC upgrades as you need them.