Torque Metals Ltd. ( (AU:TOR) ) just unveiled an update.
Torque Metals Ltd. has announced the identification of two new parallel gold trends at its Paris Gold Project, following a successful RC drill campaign. The discovery of these mineralized lodes to the southeast and northwest of the existing resource highlights the potential for resource growth and suggests that key high-grade host units remain underexplored. The assay results, which include significant gold grades, are seen as highly encouraging and support the company’s commitment to unlocking the full potential of the Paris deposit, potentially impacting the company’s operations and industry positioning positively.
More about Torque Metals Ltd.
Torque Metals Ltd. operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in the exploration of gold deposits in the West Australian Goldfields, with a particular emphasis on the Paris Gold Project located south of Kalgoorlie.
YTD Price Performance: 96.00%
Average Trading Volume: 1,154,711
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$26.43M
For an in-depth examination of TOR stock, go to TipRanks’ Stock Analysis page.