Torq Resources Inc (TSE:TORQ) has released an update.
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Torq Resources Inc. has announced a major partnership with Gold Fields, outlining a US$48 million earn-in option and joint venture to develop its Santa Cecilia copper-gold project in Chile. This deal could potentially grant Gold Fields up to a 75% interest in the project, with the terms pending shareholder approval at Torq’s upcoming annual general meeting. The collaboration is aimed at accelerating the project’s advancement in the prestigious Maricunga belt region.
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