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The latest announcement is out from Torque Metals Ltd. ( (AU:TOR) ).
Torque Metals Ltd. has announced significant assay results from its Paris Gold Project in Western Australia, confirming a major upgrade in gold intersections. The results highlight a substantial expansion of the pyrrhotite-associated gold zone, with assays revealing high-grade gold intersections that extend the mineralization significantly beyond the existing resource estimates. The discovery underscores the effectiveness of the company’s predictive targeting methodology using Down-Hole Electromagnetics (DHEM), which aligns with high-grade gold shoots and supports further exploration efforts. This development positions Torque Metals to continue aggressive exploration and potentially increase its gold resource base, offering promising implications for stakeholders.
More about Torque Metals Ltd.
Torque Metals Ltd. operates in the mining industry, focusing primarily on gold exploration and development. The company is engaged in identifying and expanding gold resources, particularly in Western Australia, with a focus on leveraging advanced exploration techniques to enhance its mineral resource base.
Average Trading Volume: 1,324,029
Technical Sentiment Signal: Buy
Current Market Cap: A$129M
See more insights into TOR stock on TipRanks’ Stock Analysis page.