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Torque Metals Ltd. ( (AU:TOR) ) has shared an update.
Torque Metals Ltd. has commenced a new drilling campaign at its Paris Gold Project following successful Down-Hole Electromagnetic (DHEM) surveys that identified significant gold targets. The drilling has already extended known mineralization, with notable gold intercepts, and aims to further explore the potential of the site. Additionally, the company completed a merger with Aston Minerals, enhancing its strategic position and leadership team, while maintaining a strong cash position to support its growth plans.
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 advancing its Paris Gold Project, which targets high-grade gold zones and mineral resource expansion.
Average Trading Volume: 1,276,230
Technical Sentiment Signal: Buy
Current Market Cap: A$115.8M
See more insights into TOR stock on TipRanks’ Stock Analysis page.