Torque Metals Extends High-Grade Paris Gold System and Bolsters Balance Sheet

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

Torque Metals reported a strong December 2025 quarter, highlighted by high-grade drilling results at its Paris Gold Deposit that extend mineralisation well beyond the existing 250,000-ounce resource, confirming Paris as a large-scale, multi-lode gold system open along strike and at depth. At the nearby HHH Deposit, initial DHEM surveys identified new conductor plates and additional east–west lodes south of the current resource, reinforcing the presence of Paris-style sulphide-associated gold and underscoring significant near-resource and regional upside. On the corporate front, Torque completed a $15 million bought-deal placement, ending the quarter with about $16 million in cash and in-the-money options that could add roughly $4.6 million, leaving the company fully funded to pursue aggressive multi-rig drilling and resource growth across the Paris Gold Camp through 2026, strengthening its development and growth trajectory for stakeholders.

The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.36 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 advancing its portfolio of gold projects, including the flagship Paris Gold Project and associated deposits such as HHH, primarily in Western Australia. The company targets high-grade, multi-lode gold systems and is positioning itself as a growth-focused explorer with an emphasis on expanding mineral resources and moving its Paris Gold Camp portfolio toward potential development.

Average Trading Volume: 1,396,831

Technical Sentiment Signal: Buy

Current Market Cap: A$190.7M

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