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Torque Metals Limited (ASX:TOR)

ALERT: Price-sensitive ASX Announcement for TOR
Current share price for TOR : $0.285 -0.045 (-13.64%)+
Announcement
Release
8 Sep 2025 8:31AM
Price at Release
$0.330
Full Release
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Summary
Torque Metals Limited has confirmed high-grade gold extensions at their Paris Gold Project. The current Mineral Resource Estimate is 250,000 ounces of gold at a grade of 3.1 g/t, with mineralization open in multiple directions, indicating the potential for additional resource expansion. The Paris Gold Project strategically positions Torque near major gold operations in Western Australia, enhancing prospects for future development. Historical exploration has been limited, suggesting opportunity for further discoveries. The project covers a 57km prospective corridor with three main deposits: Paris, HHH, and Observation, which remain partially tested. Recent drilling has identified promising gold mineralization beyond the current resource area, reinforcing the potential of this underexplored region.
Key Points
  • Mineral Resource Estimate at 250koz of gold at 3.1 g/t.
  • Paris Gold Project positioned near major gold producers in WA.
  • Project covers 57km strike length within a 350km² greenstone belt.
  • Drilling indicates high-grade gold extensions beyond current resource area.
  • Opportunity for further discoveries due to limited historical exploration.
  • Three main deposits: Paris, HHH, and Observation, are partially tested.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.