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Torque Metals Limited (ASX:TOR)

ALERT: Price-sensitive ASX Announcement for TOR
Current share price for TOR : $0.195 0.005 (2.63%)+
Announcement
Release
27 Jul 2026 9:13AM
Price at Release
$0.190
Full Release
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Summary
Torque Metals Limited's Quarterly Activities and Appendix 5B Cash Flow Report highlights significant progress in its South Kalgoorlie Gold Camp projects, including the Paris Gold Project. The report details a 40% increase in the Mineral Resource Estimate (MRE) at the Paris Project, now totaling 351,000 ounces, which supports the launch of Project RPM to foster further growth. The company continues aggressive exploration and regional discovery drilling, aiming for a long-term aspiration of defining a 1.0Moz Au resource. The cash flow report indicates net cash inflows from financing activities, enhancing Torque's financial capacity to support exploration and development initiatives.
Key Points
  • Paris Gold Project's Mineral Resource Estimate increased by 40% to 351,000 ounces.
  • Launch of Project RPM to accelerate growth at the Paris Gold Project.
  • Ongoing drilling extends the Paris gold system.
  • Aggressive exploration across South Kalgoorlie Gold Camp continues.
  • Net cash inflows from financing activities boost financial capacity.
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.