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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
22 Sep 2025 8:29AM
Price at Release
$0.330
Full Release
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Summary
Torque Metals Limited has reported significant progress at the Paris Gold Project, with strong gold intercepts and new down-hole electromagnetic conductor plates extending southern mineralisation by at least 280 meters. The company's integrated structural and geophysical approach has identified continuous high-grade strikes in the Paris Southern lode, which remains open to the west. Noteworthy intersections include 25 meters at 3.9 grams per tonne gold from approximately 290 meters. Torque has secured a second reverse circulation rig to ensure continuous and efficient drilling through 2026, enhancing its ability to systematically test and expand the Paris deposit well beyond the existing mineral resource estimate.
Key Points
  • Torque Metals Limited has identified strong gold intercepts and new conductor plates extending mineralisation at the Paris Gold Project.
  • Notable gold intersections include 25m at 3.9 g/t gold from approximately 290m, with significant intervals of 10m at 5.2 g/t gold and 4m at 6.4 g/t gold.
  • New down-hole electromagnetic conductor plates C17, C18, and C19 have been identified, linking high-grade zones and confirming continuous high-grade strike in the Paris Southern lode.
  • Torque has secured a second reverse circulation rig to ensure continuous drilling into 2026, supported by structural and geological models.
  • The Paris Gold Project's mineral resource estimate spans a 2.5km strike length and includes three deposits: Paris, HHH, and Observation.
  • Torque's exploration camp covers 1,200 km² of land, with a focus on expanding the Paris deposit beyond the current mineral resource estimate.
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.