MRE Update - Paris Gold Deposit

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Stock Torque Metals Ltd (TOR.ASX)
Release Time 7 Jul 2026, 8:24 a.m.
Price Sensitive Yes
 Torque Metals Updates Paris Gold Deposit Mineral Resource Estimate
Key Points
  • 67% increase in contained ounces to 253,000oz @ 3.8g/t gold
  • Expanded exploration campaign underway
  • Paris Deposit forms nearly 72% of the global resource
  • Strategy to achieve Rapid Path to 1.0Moz MRE
Full Summary

Torque Metals Limited has reported a significant update to the Mineral Resource Estimate (MRE) for its Paris Gold Project, located in the South Kalgoorlie Gold Camp of Western Australia. The updated June 2026 MRE shows a 67% increase in contained ounces to 253,000 ounces at a grade of 3.8g/t gold for the Paris Deposit, contributing to a global resource of 351,000 ounces at 3.1g/t gold. The increase is due to improved geological understanding and confidence, particularly in areas previously classified as Inferred. The company is now shifting focus to an aggressive exploration campaign under its Rapid Path to 1.0Moz MRE strategy, targeting both resource extension and new discoveries across its tenement holdings.

Outlook

Torque Metals is optimistic about further growth and potential new discoveries, with a focus on expanding its mineral resources and achieving its Rapid Path to 1.0Moz MRE target.