Torque Metals Limited (ASX: $TOR) announces commencement of Paris Gold Project drill campaign

Torque Metals Limited (ASX: $TOR) has commenced a 6,500-meter reverse circulation (RC) and diamond drilling campaign at its wholly owned Paris Gold Project. The project, located 90km SE of Kalgoorlie and 12km SE of St Ives gold mine, aims to extend high-grade gold structures at Paris, Observation, HHH, and Eva prospects. The drilling campaign follows the Company's successful 2022 and 2023 campaigns, which delivered high-grade gold discoveries characterized by parallel structures extending 2.5 kilometers by 1 kilometer, open in all directions.

Executive Commentary on Paris Gold Project Drill Campaign

A 6,500-meter reverse circulation (RC) and diamond drilling campaign is poised to commence this week at the Paris Gold Project potentially host to multiple deposits within a larger mineralized system, spanning approximately 2.5km by 1km remaining open in all directions. Torque believes that Paris possesses the attributes indicative of a tier 1 gold project, largely due to the presence of parallel structures and splays controlled by the Boulder Lefroy System. This conviction finds support in robust gold intercepts, exemplified by drill holes such as 23PRCDD076, yielding 35m at 14.12 g/t gold from 157.85m, including intervals such as 1.2m at 185 g/t gold from 174.7m, alongside other notable intersections across various drill holes. Metallurgical testing outcomes significantly bolster the project's viability, with gravity and cyanide leaching recoveries achieving very strong results.

Summary of Paris Gold Project Drill Campaign

Torque Metals Limited (ASX: $TOR) has initiated a 6,500-meter reverse circulation (RC) and diamond drilling campaign at its Paris Gold Project. The campaign aims to extend high-grade gold structures at Paris, Observation, HHH, and Eva prospects, building on the success of previous campaigns. The Company is confident in the project's potential to host multiple deposits within a larger mineralized system, characterized by parallel structures and splays controlled by the Boulder Lefroy System. Metallurgical testwork results have demonstrated strong gravity and cyanide leaching recoveries, further supporting the project's viability. The data collected from this work will be crucial in updating Torque's Mineral Resource model and refining and extending exploration targets. Torque's upcoming milestones include RC drilling at Paris, soils campaign in recently acquired tenements, maiden Mineral Resource Estimate, and maiden Exploration Target for the Paris Gold Project.