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Torque Metals Limited (ASX:TOR)

ALERT: Price-sensitive ASX Announcement for TOR
Current share price for TOR : $0.215 -0.065 (-23.21%)+
Announcement
Release
23 Oct 2025 9:19AM
Price at Release
$0.280
Full Release
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Summary
Torque Metals Limited has reported expansion at its Paris Gold Project in Western Australia through step-out drilling, which continues to reveal strong gold mineralization. The project, strategically located near major gold producers, has extended mineralisation across multiple lodes. The Paris West/Main Lode, Southwest Lode, and South Lode have all shown significant extensions with high-grade gold intercepts, supported by downhole electromagnetic surveys that identified new conductor plates. The current Mineral Resource Estimate stands at 250,000 ounces of gold with a grade of 3.1 g/t, and there is potential for further resource expansion as the mineralisation remains open in multiple directions. Torque has also increased its drilling capacity with a second rig on site to accelerate exploration across the 6 km trend of the Paris system.
Key Points
  • Step-out drilling at Paris Gold Project reveals strong gold mineralization.
  • Paris West/Main Lode exhibits a potential 444m strike length with notable gold intercepts.
  • Paris Southwest Lode extended to 526m strike length.
  • Paris South Lode has been extended by approximately 100m.
  • New conductor plates identified, indicating potential for further expansion.
  • Current Mineral Resource Estimate is 250,000 ounces of gold at 3.1 g/t.
  • Strategic location near major gold producers enhances project potential.
  • Second drilling rig deployed to accelerate exploration efforts.
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.