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Torque Metals Limited (ASX:TOR)

ALERT: Price-sensitive ASX Announcement for TOR
Current share price for TOR : $0.285 0.005 (1.79%)+
Announcement
Release
12 Feb 2026 8:42AM
Price at Release
$0.280
Full Release
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Summary
Torque Metals Limited has reported a significant gold discovery at its Paris Gold Project, with extensional drilling revealing a notable intercept of 20 meters at 5.8 g/t gold, including a higher-grade section of 7 meters at 13.5 g/t gold. The Paris site is confirmed to be a multi-lode gold system with substantial depth and lateral continuity, suggesting that mineral resources extend well beyond current estimates. The drilling strategy focused on expanding the known mineralization along strike and depth, leveraging downhole electromagnetic (DHEM) surveys to refine targeting. The Paris deposit, part of a broader 57-kilometer prospective greenstone belt southwest of Kalgoorlie, WA, shows promise for further development, supported by existing mining leases and nearby processing infrastructure. The project aims to increase its resource base with ongoing multi-rig drilling and exploration efforts.
Key Points
  • 20m at 5.8 g/t gold from 222m, including 7m at 13.5 g/t gold
  • Paris confirmed as a scalable, multi-lode gold system
  • DHEM-guided drilling successfully extends mineralization
  • New mineralized structure identified south of Paris Deposit
  • Multi-rig drilling campaign underway through CY2026
  • Paris is strategically positioned near existing processing infrastructure
  • 250,000 oz Mineral Resource Estimate at 3.1 g/t Au
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.