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Torque Metals Limited (ASX:TOR)

ALERT: Price-sensitive ASX Announcement for TOR
Current share price for TOR : $0.230 0.01 (4.55%)+
Announcement
Release
26 Aug 2026 9:22AM
Price at Release
$0.220
Full Release
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Summary
Torque Metals Limited has announced significant new high-grade gold assay results from its ongoing drilling program at the Ritz Gold Project, located in the South Kalgoorlie region of Western Australia. Recent extensional drilling at the HHH deposit has delivered exceptional results, including a standout intersection of 11.0m at 456.00 g/t gold, showcasing the project's high-grade growth potential. The renaming of the Paris Gold Project to Ritz Gold Project aims to clarify the project's scope, covering the Paris, HHH, and Observation deposits. This strategic move is part of Torque's RPM Strategy, which prioritizes resource growth and discovery through accelerated exploration efforts, including both Reverse Circulation and diamond drilling. The project currently holds a combined resource of 351koz at an average of 3.1g/t Au, with ongoing efforts to expand this through systematic testing of high-priority targets.
Key Points
  • Torque Metals Limited reports significant high-grade gold intercepts at its Ritz Gold Project in Western Australia.
  • The project, previously known as the Paris Gold Project, has been renamed to clarify its scope and potential.
  • Recent drilling at the HHH deposit revealed outstanding results, including an intersection of 11.0m at 456.00 g/t gold.
  • The renaming to Ritz Gold Project aims to eliminate confusion between the Paris Gold Deposit and the larger project area.
  • The company's RPM Strategy focuses on resource growth and discovery across the project.
  • Current exploration includes both Reverse Circulation and diamond drilling to follow up on new intercepts.
  • The Ritz Gold Project includes three main deposits: Paris, HHH, and Observation, with a combined resource of 351koz at 3.1g/t Au.
  • Ongoing exploration seeks to expand the current Mineral Resource Estimate and test new high-grade discoveries.
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.