TOR Price sensitive 7 Jul 2026, 8:24 AM

Project RPM - Exploration and Resource Growth Strategy

Torque Metals Ltd

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.

Summary generated by a large language model. Please interpret with care.

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