Torque Metals Extends High-Grade Gold at Paris Project Ahead of Resource Upgrade

Torque Metals Ltd. ( (AU:TOR) ) has shared an announcement.

Torque Metals has reported significant new assay results from in-fill and extensional drilling at its Paris Gold Deposit, including very high-grade intercepts and confirmation of a multi-lode system extending up to 500 metres beyond the current mineral resource boundary. Additional high-grade results at the nearby HHH deposit, successful use of down-hole EM targeting, and a comprehensive review under a newly appointed management team underpin a multi-rig 2026 drilling campaign and an interim resource update expected in the June quarter, potentially enhancing the project’s scale and appeal to investors.

The latest drill program at Paris delivered thick, high-grade intersections within the PL1 and PL2 zones, while deeper drilling intersected mineralisation down-plunge, suggesting substantial growth potential beyond the existing 152,000oz resource. At HHH, drilling returned strong grades below its current 73,000oz resource, reinforcing the broader camp’s prospectivity and supporting Torque’s strategy to grow high-grade gold inventories and strengthen its position in the Kalgoorlie South gold district.

Down-hole EM surveys continue to be a powerful exploration tool at the Paris Gold Project, generating new conductive plates that are guiding step-out drilling and leading to fresh targets such as the Lady Doris area on a parallel structural corridor. With about 20,000 metres of drilling already completed, plans for a further 8,000 metres, and an upcoming resource update, stakeholders are watching for further confirmation that Paris and its satellite deposits can evolve into a materially larger high-grade gold system.

The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.45 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.

More about Torque Metals Ltd.

Torque Metals Ltd. is an Australian gold exploration company focused on its 100%-owned Paris Gold Project in the Kalgoorlie South region of Western Australia. The company targets high-grade, multi-lode gold systems across a district-scale land package, with key deposits including the Paris and HHH resources, as it seeks to expand its mineral resource base through aggressive drilling programs.

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