Project RPM - Exploration and Resource Growth Strategy
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| Stock | Torque Metals Ltd (TOR.ASX) |
|---|---|
| Release Time | 7 Jul 2026, 8:24 a.m. |
| Price Sensitive | Yes |
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Torque Metals Ltd Announces Project RPM Exploration Strategy
Key Points
- Torque Metals Ltd outlines exploration and resource growth strategy for Project RPM
- Focus on achieving a 1.0 million ounce mineral resource estimate (MRE) at +2.0 g/t gold over the next two years
- Emphasizes systematic growth and aggressive exploration framework
Full Summary
Torque Metals Ltd has announced its exploration and resource growth strategy for Project RPM, aiming to achieve a 1.0 million ounce mineral resource estimate (MRE) at +2.0 g/t gold over the next two years. The strategy involves systematically growing existing resources through continued use of electromagnetic (EM) surveys and drilling, with 40% of planned meters dedicated to growth and 60% to discovery. The company plans over 70,000 meters of drilling over the next 12 months, targeting high-priority prospects for new discoveries. The strategy also includes the application of down-hole EM surveys to aid identification and targeting. The company's ability to achieve these objectives is subject to exploration success and other uncertainties.
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