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An update from Torque Metals Ltd. ( (AU:TOR) ) is now available.
Torque Metals Ltd. has announced promising results from its Down-hole Electromagnetics (DHEM) surveys at the HHH deposit, part of the Paris Gold Camp in Western Australia. The surveys have identified multiple new gold zones, confirming that mineralization extends beyond the current resource envelope both laterally and at depth. This discovery includes two additional east-west lodes and a new mineralized structure, indicating significant unexplored potential. The application of DHEM, previously successful at the Paris deposit, has proven effective at HHH, providing clear targets for future drilling and enhancing the company’s exploration strategy in the region.
The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.50 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. operates within the mining industry, focusing on gold exploration and development. The company is primarily engaged in identifying and developing gold deposits, with a significant emphasis on the Paris Gold Camp in Western Australia.
Average Trading Volume: 2,054,296
Technical Sentiment Signal: Buy
Current Market Cap: A$135.3M
Find detailed analytics on TOR stock on TipRanks’ Stock Analysis page.