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TORQUE METALS LIMITED.. Capital/Financing Update 2024

Jun 16, 2024

65941_rns_2024-06-16_e2d82705-22af-49cf-be9b-122493f3597f.pdf

Capital/Financing Update

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ASX: TOR
ASX Announcement
17 June 2024
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Strong Gold Results Extend Prospects, Bolstered by Shallow Discovery

Highlights

  • Assays from recent drill campaign at Torque's Paris Gold Camp confirm strong gold mineralisation at Paris, HHH and Observation prospects, supporting large Gold Camp concept (2.5km x 1km and open)

  • Drilling successfully extended Paris gold mineralisation by up to 50m from previous intercepts, best holes being:

  • 16.3m @ 7.95 g/t gold from 272m, including 4.63m @ 25.62 g/t gold from 277m in 24PDD001

  • 10.79m @ 3.64 g/t gold from 144m and 5.26m @ 3.8 g/t gold from 166.58m within 27.84m @ 2.19 g/t gold from 144m in 24PRCDD096

  • 9m @ 2.6 g/t gold from 78m and 3m @ 9.23 g/t gold from 105m within 48m @ 1.37 g/t gold from 72m in 24PRC106

  • 6m @ 3.22 g/t gold from 252m within 18m @ 1.8 g/t gold from 240m in 24PRC099

  • 8m @ 6.77 g/t gold from 187m, including 2m @ 26.9 g/t gold from 192m in 24PRC098

  • New shallow discovery made, in the previously untested 1.5km gap between the HHH and Paris pits suggesting the two prospects may be connected. So far, mineralisation is encountered along ~500m, including:

  • 16m @ 4.19 g/t gold from 66m, including 2m @ 13.12 g/t gold from 72m and 2m @ 18.91 g/t gold from 80m in 24HRC087

  • 12m @ 4.29 g/t gold from 69m, including 3m @ 16.1 g/t gold from 69m in 24HRC086

  • 12m @ 1.2 g/t gold from 99m, including 3m @ 2.52 g/t gold from 99m in 24HRC077

  • 12m @ 1.37 g/t gold from 72m, including 3m @ 2.68 g/t gold from 78m in 24HRC076

  • 9m @ 1.01 g/t gold from 36m, including 3m @ 2.43 g/t gold from 42m and 6m @ 1.11 g/t gold from 101m in 24HRC072

  • Other significant intersections from this programme include:

  • 6.81m @ 7.59 g/t gold from 58.29m including 2.12m @ 24.02 g/t gold from 59.88m in 24ODD002; and

    • 15m @ 1.07 g/t gold from 69m, including 3m @ 2.00 g/t gold from 78m in 24ORC052 at Observation;
  • 6m @ 4.05 g/t gold from 94m, including 2m @ 11.48 g/t gold from 98m in 24PRC118 at Paris East;

  • 12m @ 1.24 g/t gold from 27m, including 3m @ 1.17 g/t gold from 36m in 24PRC107 at Paris North .

  • Assays reaffirm pervasive gold occurrences supporting a large Gold Camp concept at Paris. POW submitted for a follow-up drilling phase.

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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Torque Metals Limited (“ Torque ” “the Company ”), (ASX: TOR ) is pleased to announce the discovery of a new zone of shallow gold mineralisation, as well as more high-grade results from the recent drill program at its flagship Paris Gold Project in Western Australia. Results overall significantly enhance the project's potential, with continued support for a geological link along the 2.5km long corridor between the Paris, HHH and Observation prospects.

Torque’s Managing Director, Cristian Moreno comments:

“Drilling at Torque's Paris gold project again unveiled strong gold values across Paris, HHH and Observation prospects. Paris mine mineralisation was extended east, west and up dip, with notable intersections including 16.3m @ 7.95 g/t gold , 27.84m @ 2.19 g/t gold , 48m @ 1.37 g/t gold from 72m, and 8m @ 6.77 g/t gold .

“Drilling North of the Paris pit revealed shallow gold intervals extending ~500m north-south, signifying a new gold discovery and suggesting a 1.5km connection between HHH and Paris pits. Notable intersections include 16m @ 4.19 g/t gold from 66m, 12m @ 4.29 g/t gold from 69m, 12m @ 1.2 g/t gold from 99m, and 12m @ 1.37 g/t gold from 72m.

“Torque's exploration team has clearly identified a new gold enriched zone, leveraging the successful lithostructural model, enhancing results from Paris, HHH, and Observation prospects. Paris' proximity to infrastructure, including nearby processing plants, enhances the value of Torque's 13 pre-native title development-ready Mining Licences in our ~1,200km² tenement holding.

“The immediate focus is on further defining shallow gold lodes and advancing Torque's first mineral resource estimate and maiden gold exploration target.”

Paris Gold Camp – Lithostructural Model

The lithostructural model constructed by Torque’s in-house technical team, which represents the integration of geological, structural and geophysical data, proved highly successful in predicting the locations of mineralised zones. This model guides drilling activities by providing a detailed understanding of the subsurface, enabling targeted and efficient exploration (see Figure 1).

Notably, we located gold in model-driven areas, such as the Paris intersection in hole 24PRC106, which revealed 48m @ 1.37 g/t gold from 72m, including 9m @ 2.6 g/t gold from 78m and 3m @ 9.23 g/t gold from 105m (see later discussion). A gold discovery was also made potentially linking Paris and HHH pits with best hole being 16m @ 4.19 g/t gold from 66m, including 2m @ 13.12 g/t gold from 72m and 2m @ 18.91 g/t gold from 80m in 24HRC087. These finding indicates that the gold enriched structure are extending in multiple directions within the Paris gold camp, highlighting the model's effectiveness in uncovering new gold emplacements and guiding our exploration.

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Figure 1 Lithostructural (left) and geological (right) models supporting Torque Metals’ exploration activities .

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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Paris Deposit – Strong gold intersections

Extensional drilling targeted areas west, east and north of the historic Paris pit. The drill program comprised a combination of 27 holes for a total of 4,835.1 metres. Objective was to extend known mineralisation (see Figure 2).

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Figure 2 Paris prospect. Plan view. Collar locations along with mineralised structures.

Summary of notable intersections as follows with full assay data in Appendix 1:

  • 24PDD001: 16.3m @ 7.95 g/t gold from 272m, including 4.63m @ 25.62 g/t gold from 277m

  • 24PRCDD096: 27.84m @ 2.19 g/t gold from 144m, including 10.79m @ 3.64 g/t gold from 144m and 5.26m @ 3.8 g/t gold from 166.58m

  • 24PRC098: 8m @ 6.77 g/t gold from 187m, including 2m @ 26.9 g/t gold from 192m

  • 24PRC099: 18m @ 1.8 g/t gold from 240m, including 6m @ 3.22 g/t gold from 252m

  • 24PRC103: 3m @ 1.4 g/t gold from 174m

  • 24PRC106: 48m @ 1.37 g/t gold from 72m (~60m vertical depth), including 9m @ 2.6 g/t gold from 78m and 3m @ 9.23 g/t gold from 105m

  • 24PRC107: 12m @ 1.24 g/t gold from 27m, including 2m @ 2 g/t gold from 30m

  • 24PRC110: 6m @ 1.64 g/t gold from 51m

  • 24PRC115: 3m @ 1.08 g/t gold from 99m

  • 24PRC118: 6m @ 4.05 g/t gold from 94m, including 2m @ 11.48 g/t gold from 98m

  • 24PRC120: 6m @ 1 g/t gold from 171m

  • 24PRC121: 3m @ 1.76 g/t gold from 135m

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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Figure 3 Paris prospect. Oblique view depicting mineralised body extending west of Paris pit.

Torque successfully extended its earlier work: Paris gold mineralisation was expanded west of the pit by 50m; and intersected the same structure at a shallower depth as evidenced by Hole 24PRC106, which yielded 48m @ 1.37 g/t gold from 78m , including 9m @ 2.6 g/t gold from 78m and 6m @ 4.27 g/t gold from 105m (Figure 4).

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Figure 4 Paris prospect. Cross section. Showing high-grade structure going up dip and remaining open both down and up dip.

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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This significant finding suggests that the structure is extending up dip and opens substantial opportunities for further exploration. Torque's technical team is optimistic that similar intervals could be intersected in the upcoming drilling programme, thereby enhancing the project's potential (see Figure 3)

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Figure 5 Paris prospect. Cross section. Cross section in hole 24PDD001 showing potential extensions northwest and south east,

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Figure 6 Paris prospect. Cross section. Hole 24PRC099 indicates potential extensions up and down dip.

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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To the east of Paris pit, holes 24PRC115 and 24PRC118 successfully extended shallow lodes by 30m indicating strong correlation with multiple veins extending westwards (see Figure 7), thereby adding potential scale to the resource in that area (see Figure 8).

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Figure 7 Paris East prospect. Oblique view. Image shows the gap to be explored between the main lode of Paris and Paris East where drilling delivered good gold intersects.

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Figure 8 Paris East prospect. Cross section showing recent drilling results.

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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To the north of Paris pit, holes 24PRC107 and 24PRC110 intersected gold at shallow depth with strongly mineralised intervals such as 12m @ 1.24 g/t gold from 27m and 6m @ 1.64 g/t gold from 51m. Paris North could also be the exhibition of Paris underground as hole 24PRC096 is showing strong structural correlations (similar strike of mineralised interval). Further drilling needed it to prove this theory (see Figure 9).

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Figure 9 Paris North prospect. Oblique view along with plan view. Image shows the gap to be explored between Paris North and another mineralised body to the east. It also shows a potential connection with hole 24PRC096, thereby the exhibition of the underground mineralisation going up-dip.

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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Figure 10 Paris North prospect. Cross section. Cross section in hole 24PRC110 showing intersection and mineralised body.

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Figure 11 Paris North prospect. Cross section. Cross section in holes 24PRC107 and 24PRC108 showing mineralised body.

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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Discovery south of HHH pit

Drilling targeted the area between the HHH and Paris pits, where the lithostructural model suggested possible mineralisation. The drilling program in this zone comprised 27 shallow holes for a total of 3,945.6 metres and successfully confirmed the exploration model that is suggestive of a geological connection between the two pits (Figure 12).

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Figure 12 New discovery. Plan view exhibiting the new gold discovery adjacent to HHH pit. For cross section refer to Figures 14 and 15.

RC drilling just south of the HHH pit successfully intersected extensive shallow gold mineralisation along ~500m of north-south strike. Torque’s analysis confirms east-west mineralised structures and north-south continuity that evidently may link the Paris and HHH pits (see Figures 13 and 16). These results underscore promising potential for significant resource growth through testing of the as-yet undrilled 900m gap.

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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Figure 13 New discovery. Oblique view. Image showing mineralised body open in all directions potentially linking Paris and HHH pits.

Notable intersections include (see full assay data in Appendix 1):

  • 24HRC070: 3 m @ 1.49 g/t gold from 18m

  • 24HRC072: 3 m @ 2.43 g/t gold from 42m within a broader zone of 9m @ 1.01 g/t gold from 36m, and 6m @ 1.11 g/t gold from 101m

  • 24HRC073: 3 m @ 1.11 g/t gold from 63

  • 24HRC075: 3 m @ 1.22 g/t gold from 108 m

  • 24HRC076: 3 m @ 2.68 g/t gold from 78m within a broader zone of 12m @ 1.37 g/t gold from 72m

  • 24HRC077: 3 m @ 2.52 g/t gold from 99m within a broader zone of 12m @ 1.2 g/t gold from 99m

  • 24HRC084: 6m @ 1.26 g/t gold from 81m and 6m @ 1.28 g/t gold from 132m and 4m @ 2.43 g/t gold from 151m including 1m @ 9.56 g/t gold from 151m

  • 24HRC086: 3 m @ 16.1 g/t gold from 69m within a broader zone of 12m @ 4.29 g/t gold from 69m

  • 24HRC087: 2m @ 13.12 g/t gold from 72m and 2m @ 18.91 g/t gold from 80m within a broader zone of 16m @ 4.19 g/t gold from 66m

  • 24HRC088: 3 m @ 1.37 g/t gold from 96m

  • 24HRC090: 3 m @ 1.03 g/t gold from 18m

  • 24HHHDD001: 1.77m @ 2.47 g/t gold from 65.8m and 3.65m @ 1.16 g/t gold from 83.72m

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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Figure 14 New discovery. Cross section. Image showing continuity in the mineralisation and potential exhibition at surface.

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Figure 15 New discovery. Cross section. Image showing continuity in the mineralisation and potential exhibition at surface .

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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The next phase of Torque's exploration programme focuses on extending the newly identified mineralisation and attempting to connect this with the Paris pit.

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Figure 16 New discovery. Oblique view. Image showing mineralised body open in all directions, potentially linking Paris and HHH pits.

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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Observation Deposit – Extensional drilling expands gold boundaries

Drilling successfully targeted the areas east and west of the Observation prospect confirming extensions (similar to those intersected at the Paris deposit) remaining open to the east and west. The mineralised body is structurally controlled following the footwall of an unmineralized dyke trending northwest. 6 holes totalling 922.4 metres using a combination of reverse circulation (RC) and diamond drilling methods encountered shallow gold (see Figure 17).

Notable intersections include (see full assay data in Appendix 1):

  • 24ORC051: 3 m @ 1.08 g/t gold from 84m

  • 24ORC052: 15 m @ 1.07 g/t gold from 69 m including 3 m @ 2 g/t gold from 78m

  • 24ORC054: 3 m @ 2.31 g/t gold from 60m

  • 24ODD002: 6.81m @ 7.59 g/t gold from 58.29m including 2.12m @ 24.02 g/t gold from 59.88m

  • 24ODD003: 4.4 m @ 1.63 g/t gold from 72.70m including 1 m @ 6.47 g/t gold from 76.06m

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Figure 17 Observation deposit. Oblique view including best gold results.

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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Drilling program

Torque completed an extensional drilling program of 60 holes totalling 9,703.1 metres, using a combination of reverse circulation (RC) and diamond drilling methods. The expanded data set substantially enhances understanding of mineralisation and contributes to the in-house mineralisation model (see Figure 18).

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Figure 18 Plan view with geological model and collar locations of all holes completed in the drill program along with mineralised prospects.

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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Geological model

The Paris Gold Project spans an area of nearly 600 square kilometres, encompassing the Paris Gold Camp covering 2.5 square kilometres, where Torque is focussed on defining its initial resource. This project offers significant potential for expansion, as the mineralised model remains open to both the north and south. Geological continuity suggests that further exploration can extend mineralisation boundaries.

Within the Paris Gold Camp, two distinct styles of mineralisation have been identified. The first style includes early shear-related quartz veins and breccia zones, while the second comprises high-grade, parallel shear-related gold mineralisation trending in a west-east direction. Torque is developing its geological modelling using the interpretation of Sarah Jones, David Doutch and Tim Lutter on their paper “The Invincible deposit: Early gold mineralisation truncated by unaltered c.2665 Ma conglomerate, St Ives, Eastern Goldfields, Western Australia”. Torque believes Paris shares multiple structural similarities with Invincible and its cross-cutting veining system of mineralisation (see Figure 19).

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Figure 19 a) Two distinct deformation phases are indicated by the tight folding of early bedding-parallel wing veins developed above early shears. Subsequent compression produces reverse movement and deformation of the early wing veins; b) two deformation stages are also shown by presence of flat veins that consistently crosscut the early bedding-parallel mineralisation. Flat veins form during horizontal east-west compression.[1]

1 Jones, S., Doutch, D., & Lutter, T. (n.d.). The Invincible deposit: Early gold mineralisation truncated by unaltered c. 2665 Ma conglomerate, St Ives, Eastern Goldfields, Western Australia. Gold Fields Ltd, 50 Colin St, West Perth WA6005, Australia; CODES, University of Tasmania, Australia.

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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Torque Metals’ Projects – Upcoming News

Torque is pursuing key milestones in the current year

Paris Gold Project

  • Soils campaign on recently acquired tenements

  • Follow-up RC and Diamond drill campaign ~10,000m

  • • Maiden Mineral Resource Estimate

  • Maiden Exploration Target

New Dawn Lithium Project

  • RC drill campaign

  • Soils campaign on recently acquired tenements

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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About Torque Metals

Torque is an exploration company with a proven discovery methodology, combining drilling results with machine learning algorithms and geological interpretation. Torque's Board and management have successful records and extensive experience in the exploration, development and financing of mining projects in Australia.

Torque's expanded Penzance Exploration Camp[2] covers ~1200km[2] of land, including 13 mining licences, 4 prospecting licences and 38 exploration licences[3] ~90km Southeast Kalgoorlie in WA (see Figure 20).

Torque is focused on mineral exploration in this well-established mineral province. Torque continues to evaluate and pursue other prospective opportunities in the resources sector in line with a strategy to develop high quality assets.

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Figure 20 Torque’s Exploration Presence.

Competent Person Statement – Exploration Results

Information in this announcement that relates to Exploration Results is based on information compiled by Mr Cristian Moreno, who is a Member of the Australasian Institute of Mining and Metallurgy, Australian Institute of Management as well a Member of the Australian Institute of Company Directors. Mr Moreno is an employee of Torque Metals Limited (“the Company”), is eligible to participate in short and long-term incentive plans in the Company and holds performance rights in the Company as has been previously disclosed to ASX. Mr Moreno has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Moreno consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears.

2 The Penzance Exploration Camp includes the New Dawn Lithium Project and the Paris Project.

3 Upon Torque becoming the registered holder of the tenements under the Option Agreements and the Tenement Applications, subject to the requirements of the Mining Act 1971 (WA).

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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Forward Looking Statements

This report may contain certain “forward-looking statements” which may not have been based solely on historical facts, but rather may be based on the Company’s current expectations about future events and results. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis.

However, forward looking statements are subject to risks, uncertainties, assumptions, and other factors which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Readers should not place undue reliance on forward looking information. The Company does not undertake any obligation to release publicly any revisions to any “forward-looking statement” to reflect events or circumstances after the date of this report, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

This announcement has been authorised by the Board of Directors of Torque.

For more information contact:

Cristian Moreno

Managing Director Torque Metals Limited [email protected] M: +61 410280809 www.torquemetals.com

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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APPENDIX 1: Laboratory assay results: Fire Assay 40g charge after 4-acid digest with ICP analysis

Only gold assays ≥ 0.03 ppm (0.03 g/t) are recorded in the following table, except where relevant as part of a longer intercept. All intercepts are presented as down-hole lengths.

Hole ID From (m) To (m) Width (m) Au (ppm) Hole ID From (m) To (m) Width (m) Au (ppm)
2024HRC067
0
3
3
0.05
2024HRC067
3
6
3
0.04
2024HRC067
6
9
3
0.04
2024HRC067
9
12
3
0.01
2024HRC067
24
27
3
0.01
2024HRC067
27
30
3
0
2024HRC067
32
33
1
3.59
2024HRC067
33
34
1
0.04
2024HRC067
34
35
1
0
2024HRC067
35
36
1
0.1
2024HRC067
36
39
3
0.02
2024HRC067
45
48
3
0.07
2024HRC067
72
75
3
0.02
2024HRC067
78
81
3
0.02
2024HRC067
81
84
3
1.02
2024HRC067
87
88
1
0.1
2024HRC067
88
89
1
1.22
2024HRC067
89
90
1
0.47
2024HRC067
90
91
1
0.58
2024HRC067
91
92
1
0.15
2024HRC067
92
93
1
0.1
2024HRC067
93
94
1
0.02
2024HRC067
94
95
1
0.25
2024HRC067
95
96
1
0.03
2024HRC067
96
99
3
0.05
2024PRC106
72
75
3
0.13
2024PRC106
75
78
3
0.04
2024PRC106
78
81
3
5.36
2024PRC106
81
84
3
1.24
2024PRC106
84
87
3
1.21
2024PRC106
87
90
3
0.06
2024PRC106
90
93
3
1.89
2024PRC106
93
96
3
0.05
2024PRC106
96
99
3
0.04
2024PRC106
99
102
3
0.03
2024PRC106
102
105
3
1
2024PRC106
105
108
3
9.23
2024PRC106
108
111
3
0.05
2024PRC106
111
114
3
0.04
2024PRC106
114
117
3
0.07
2024PRC106
117
120
3
1.49
2024PRC107
18
21
3
0.27
2024PRC107
21
24
3
0.06
2024PRC107
24
27
3
0.06
2024PRC107
27
28
1
2.19
2024PRC107
28
29
1
0.21
2024PRC107
29
30
1
0.62
2024PRC107
30
31
1
2.83
2024PRC107
31
32
1
1.17
2024PRC107
32
33
1
0.2
2024PRC107
33
34
1
1.44
2024PRC107
34
35
1
1.35
2024PRC107
35
36
1
0.56
2024PRC107
36
37
1
1
2024PRC107
37
38
1
0.18
2024PRC107
38
39
1
3.16
2024PRC107
39
40
1
0.15
2024PRC107
40
41
1
0.06
2024PRC107
41
42
1
0.02
2024PRC107
42
43
1
0.02
2024PRC107
43
44
1
0.02
2024PRC107
44
45
1
0.02
2024HRC068
48
51
3
0.01
2024HRC068
51
54
3
0
2024HRC068
54
57
3
0.03
2024HRC068
57
60
3
0
2024HRC068
60
63
3
0.05
2024HRC068
81
84
3
0.05
2024HRC068
84
85
1
0.53
2024HRC068
85
86
1
0.04
2024HRC068
86
87
1
1.57
2024HRC068
87
88
1
0.36
2024HRC068
88
89
1
1.24
2024HRC068
89
90
1
0.08
2024HRC068
93
94
1
0.02
2024HRC068
94
95
1
0
2024HRC068
95
96
1
0.18
2024HRC068
99
102
3
0.19
2024PRC108
24
27
3
0.07
2024PRC108
27
30
3
0.07
2024PRC108
30
33
3
0.08
2024PRC108
51
54
3
0.01

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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Hole ID From (m) To (m) Width (m) Au (ppm) Hole ID From (m) To (m) Width (m) Au (ppm)
2024HRC068
162
163
1
0.08
2024HRC068
163
164
1
0
2024HRC068
164
165
1
0.05
2024PRC108
55
56
1
0.02
2024PRC108
56
57
1
0.01
2024PRC108
57
58
1
4.34
2024PRC108
58
59
1
0.35
2024PRC108
59
60
1
0.09
2024PRC108
60
61
1
0.01
2024PRC108
70
71
1
0.01
2024PRC108
71
72
1
0.01
2024PRC108
72
73
1
0.03
2024PRC108
73
74
1
0.32
2024PRC108
74
75
1
0.05
2024PRC108
75
76
1
0.06
2024PRC108
76
77
1
0.03
2024HRC069
60
63
3
0.01
2024HRC069
63
66
3
0
2024HRC069
66
69
3
0.01
2024HRC069
69
72
3
0
2024HRC069
72
75
3
0.01
2024HRC069
75
78
3
0
2024HRC069
78
81
3
0.01
2024HRC069
111
114
3
0.01
2024HRC070
18
21
3
1.49
2024HRC070
21
24
3
0.4
2024HRC070
24
25
1
0.47
2024HRC070
25
26
1
0.22
2024HRC070
26
27
1
0.41
2024HRC070
27
30
3
0.21
2024HRC070
30
33
3
0.05
2024PRC109
15
18
3
0.12
2024PRC109
18
21
3
0.5
2024PRC109
21
24
3
0.19
2024PRC109
24
27
3
0.13
2024PRC109
27
30
3
0.03
2024PRC109
30
33
3
0
2024PRC109
33
36
3
0.03
2024PRC109
36
39
3
0.12
2024PRC109
39
42
3
0.02
2024PRC109
42
45
3
0
2024PRC109
45
48
3
0.09
2024PRC109
54
57
3
0.86
2024PRC109
57
60
3
0.11
2024HRC071
19
20
1
0.08
2024HRC071
20
21
1
0.08
2024HRC071
21
22
1
0.11
2024HRC071
22
23
1
0.4
2024HRC071
23
24
1
0.28
2024HRC071
24
25
1
0.02
2024HRC072
36
39
3
0.26
2024HRC072
39
42
3
0.35
2024HRC072
42
45
3
2.43
2024HRC072
45
48
3
0.13
2024HRC072
101
102
1
2.69
2024HRC072
102
103
1
2.12
2024HRC072
103
104
1
0.76
2024HRC072
104
105
1
0.69
2024HRC072
105
106
1
0.26
2024HRC072
106
107
1
0.12
2024HRC072
107
108
1
0.1
2024PRC110
51
54
3
0.04
2024PRC110
54
57
3
3.23
2024PRC110
57
58
1
0.12
2024PRC110
58
59
1
0.02
2024PRC110
59
60
1
0.03
2024PRC110
60
61
1
0.1
2024PRC110
61
62
1
0.02
2024PRC110
62
63
1
0.05
2024PRC110
63
64
1
0.78
2024PRC110
64
65
1
0.04
2024PRC110
65
66
1
0.06
2024PRC110
66
67
1
0.08
2024PRC110
67
68
1
0.03
2024PRC110
68
69
1
0.02
2024PRC110
69
70
1
0.02
2024PRC110
70
71
1
0.02
2024PRC110
71
72
1
0.02
2024PRC110
72
75
3
0.89
2024PRC110
75
76
1
0.06
2024PRC110
76
77
1
0
2024HRC073
8
9
1
0.19
2024HRC073
9
10
1
0.29
2024HRC073
10
11
1
0.52
2024HRC073
11
12
1
0.11
2024HRC073
12
13
1
0.04
2024HRC073
13
14
1
0.24
2024HRC073
14
15
1
0.26
2024HRC073
15
16
1
0.26
2024HRC073
16
17
1
0.07
2024HRC073
17
18
1
0.14
2024HRC073
18
19
1
0

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

20

==> picture [125 x 29] intentionally omitted <==

Hole ID From (m) To (m) Width (m) Au (ppm) Hole ID From (m) To (m) Width (m) Au (ppm)
2024HRC073
19
20
1
0.04
2024HRC073
20
21
1
0
2024HRC073
21
22
1
0.07
2024HRC073
22
23
1
0.08
2024HRC073
23
24
1
0.63
2024HRC073
24
25
1
0.03
2024HRC073
25
26
1
0.03
2024HRC073
26
27
1
0.04
2024HRC073
63
66
3
1.11
2024HRC073
66
69
3
0.06
2024HRC073
69
72
3
0.07
2024PRC110
77
78
1
0.03
2024PRC110
78
79
1
0.03
2024PRC110
79
80
1
0.02
2024PRC110
80
81
1
0.1
2024PRC113
6
9
3
0.01
2024PRC113
9
12
3
0
2024PRC113
12
15
3
0
2024PRC113
15
18
3
0.03
2024PRC113
18
21
3
0.03
2024PRC113
21
24
3
0
2024PRC113
24
27
3
0
2024PRC113
27
30
3
0.03
2024PRC113
30
33
3
0
2024PRC113
33
36
3
0.03
2024PRC115
99
102
3
1.08
2024PRC115
102
105
3
0.04
2024HRC074
27
30
3
0.02
2024HRC074
30
31
1
0.18
2024HRC074
31
32
1
0.14
2024HRC074
32
33
1
0.12
2024HRC074
33
34
1
0.29
2024HRC074
34
35
1
0.63
2024HRC074
35
36
1
0.25
2024HRC074
36
39
3
0.54
2024HRC074
39
42
3
0.05
2024HRC074
42
45
3
0
2024HRC074
45
48
3
0.03
2024HRC074
48
49
1
0
2024HRC074
49
50
1
0.02
2024HRC074
50
51
1
0.16
2024HRC074
51
52
1
1.77
2024HRC074
52
53
1
0.04
2024PRC117
126
129
3
0.13
2024PRC117
129
130
1
0.5
2024PRC117
130
131
1
0
2024PRC117
131
132
1
0.05
2024PRC117
132
133
1
0
2024PRC117
133
134
1
0.08
2024PRC117
137
138
1
0.05
2024PRC117
138
139
1
0.02
2024PRC117
139
140
1
0.21
2024PRC117
140
141
1
0.22
2024PRC118
84
87
3
0.03
2024PRC118
87
90
3
0.03
2024PRC118
90
93
3
0
2024PRC118
94
95
1
0.08
2024PRC118
95
96
1
0.32
2024PRC118
96
97
1
0.84
2024PRC118
97
98
1
0.13
2024PRC118
98
99
1
5.36
2024PRC118
99
100
1
17.6
2024PRC118
100
101
1
0.07
2024PRC118
101
102
1
0.04
2024PRC118
102
103
1
0.03
2024HRC075
18
21
3
0.03
2024HRC075
21
24
3
0.18
2024HRC075
24
27
3
0.62
2024HRC075
27
30
3
0.59
2024HRC075
30
33
3
0.14
2024HRC075
33
36
3
0.22
2024HRC075
57
60
3
0.06
2024HRC075
60
63
3
0.02
2024HRC075
63
66
3
0.02
2024HRC075
66
69
3
0
2024HRC075
69
72
3
0.16
2024HRC075
75
78
3
0.07
2024HRC075
78
79
1
1.11
2024HRC075
79
80
1
0.63
2024HRC075
80
81
1
0.11
2024HRC075
81
82
1
0.12
2024HRC075
82
83
1
0.08
2024HRC075
88
89
1
0.15
2024HRC075
89
90
1
0.16
2024PRC120
129
132
3
0.01
2024PRC120
132
135
3
0.02
2024PRC120
135
138
3
0.01
2024PRC120
162
163
1
0.04
2024PRC120
163
164
1
0.05
2024PRC120
164
165
1
0.09
2024PRC120
165
168
3
0.47
2024PRC120
168
171
3
0.04

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

21

==> picture [125 x 29] intentionally omitted <==

Hole ID From (m) To (m) Width (m) Au (ppm) Hole ID From (m) To (m) Width (m) Au (ppm)
2024HRC075
108
111
3
1.22
2024PRC120
171
174
3
1.6
2024PRC120
174
177
3
0.39
2024PRC120
195
196
1
0.92
2024PRC120
196
197
1
0.06
2024PRC120
197
198
1
0.18
2024PRC120
198
201
3
0
2024PRC120
201
202
1
0.42
2024PRC120
202
203
1
0.11
2024PRC120
203
204
1
0.14
2024PRC120
204
207
3
0.05
2024PRC120
207
210
3
0.04
2024PRC120
210
213
3
0.01
2024PRC120
228
231
3
0.04
2024PRC120
231
234
3
0.02
2024PRC120
234
237
3
0.01
2024PRC120
237
240
3
0.02
2024PRC120
240
243
3
0.03
2024PRC120
243
246
3
0.03
2024PRC120
247
248
1
0.13
2024PRC120
248
249
1
0.52
2024PRC120
249
250
1
1.57
2024PRC120
250
251
1
0.08
2024PRC120
251
252
1
0.02
2024PRC120
252
253
1
0.07
2024PRC120
253
254
1
0.05
2024PRC120
254
255
1
0.03
2024HRC076
72
75
3
0.5
2024HRC076
75
78
3
1.1
2024HRC076
78
81
3
2.68
2024HRC076
81
84
3
1.19
2024HRC076
84
87
3
0.12
2024HRC076
87
90
3
0.01
2024HRC076
126
129
3
0.21
2024HRC076
129
132
3
0.05
2024HRC077
84
87
3
0.04
2024HRC077
87
90
3
0.02
2024HRC077
90
93
3
0.42
2024HRC077
93
96
3
0.05
2024HRC077
96
99
3
0.04
2024HRC077
99
102
3
2.52
2024HRC077
102
105
3
0.84
2024HRC077
105
108
3
0.25
2024HRC077
108
111
3
1.18
2024HRC077
132
135
3
0.08
2024HRC077
135
138
3
0.17
2024HRC078
117
120
3
0.41
2024HRC078
120
121
1
0.11
2024HRC078
121
122
1
0.02
2024HRC078
122
123
1
0.04
2024HRC078
123
126
3
0.06
2024HRC078
126
129
3
0.09
2024HRC078
129
132
3
0.89
2024HRC078
132
135
3
0.91
2024HRC078
135
138
3
0.93
2024HRC078
138
139
1
0.05
2024HRC078
139
140
1
0.05
2024HRC078
140
141
1
0.03
2024PRC121
6
9
3
0.06
2024PRC121
9
12
3
0.03
2024PRC121
12
15
3
0
2024PRC121
15
18
3
0.01
2024PRC121
18
19
1
0.05
2024PRC121
19
20
1
0.04
2024PRC121
20
21
1
0.05
2024PRC121
21
22
1
0.08
2024PRC121
22
23
1
0.16
2024PRC121
23
24
1
0.15
2024PRC121
24
27
3
0.04
2024PRC121
27
28
1
0.11
2024PRC121
28
29
1
0.03
2024PRC121
29
30
1
0.05
2024PRC121
33
36
3
0.01
2024PRC121
36
39
3
0
2024PRC121
39
42
3
0.02
2024PRC121
42
45
3
0
2024PRC121
45
48
3
0.02
2024PRC121
48
51
3
0.1
2024HRC079
78
81
3
0.01
2024HRC079
81
84
3
0.08
2024HRC079
112
113
1
0.06
2024HRC079
113
114
1
0.18
2024HRC079
114
115
1
0.07
2024HRC079
115
116
1
0.8
2024HRC079
116
117
1
0.28
2024HRC080
68
69
1
0.74
2024HRC080
69
70
1
0.66
2024HRC080
70
71
1
0.08
2024HRC080
71
72
1
0.02
2024HRC081
30
31
1
0.03
2024HRC081
31
32
1
0.02
2024HRC081
32
33
1
0

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

22

==> picture [125 x 29] intentionally omitted <==

Hole ID From (m) To (m) Width (m) Au (ppm) Hole ID From (m) To (m) Width (m) Au (ppm)
2024HRC081
33
36
3
0.18
2024HRC081
36
37
1
0.02
2024HRC081
37
38
1
0.03
2024HRC081
38
39
1
0
2024HRC081
39
42
3
0.3
2024HRC081
42
45
3
0.1
2024HRC081
45
46
1
0.03
2024HRC081
46
47
1
0
2024HRC081
47
48
1
0.03
2024HRC081
48
49
1
0.15
2024HRC081
49
50
1
0.11
2024HRC081
50
51
1
0.24
2024HRC081
51
52
1
0.03
2024HRC081
52
53
1
0.02
2024HRC081
64
65
1
0.02
2024HRC081
65
66
1
0.04
2024HRC081
66
67
1
0
2024HRC081
67
68
1
0.03
2024PRC121
51
54
3
0.02
2024PRC121
54
57
3
0.01
2024PRC121
129
132
3
0.06
2024PRC121
132
135
3
0
2024PRC121
135
138
3
1.76
2024PRC121
138
141
3
0.22
2024PRC121
141
144
3
0.01
2024PRCDD096
144
147
3
2
2024PRCDD096
147
150
3
5.38
2024PRCDD096
150
150.6
0.6
0.02
2024PRCDD096
150.6
150.96
0.36
0.02
2024PRCDD096
150.96
151.55
0.59
0.14
2024PRCDD096
151.55
152.15
0.6
2
2024PRCDD096
152.15
152.65
0.5
0.05
2024PRCDD096
152.65
152.95
0.3
0
2024PRCDD096
152.95
153.56
0.61
0.08
2024PRCDD096
153.56
154.19
0.63
0
2024PRCDD096
154.19
154.79
0.6
26.3
2024PRCDD096
154.79
155.27
0.48
0.1
2024PRCDD096
155.27
155.61
0.34
0.74
2024PRCDD096
155.61
156.02
0.41
0.12
2024PRCDD096
156.02
156.67
0.65
0
2024PRCDD096
156.67
157.38
0.71
0
2024PRCDD096
157.38
158.02
0.64
0.04
2024PRCDD096
158.02
158.72
0.7
0
2024PRCDD096
158.72
159.31
0.59
0.01
2024PRCDD096
159.31
160
0.69
0
2024PRCDD096
160
160.35
0.35
0.06
2024PRCDD096
160.35
161
0.65
0.99
2024PRCDD096
161
161.5
0.5
0.06
2024PRCDD096
161.5
162
0.5
0.1
2024PRCDD096
162
162.65
0.65
0.08
2024PRCDD096
162.65
163.34
0.69
0
2024PRCDD096
163.34
164
0.66
0.14
2024PRCDD096
164
164.4
0.4
0.16
2024PRCDD096
164.4
164.85
0.45
0.04
2024PRCDD096
164.85
165.51
0.66
0.04
2024PRCDD096
165.51
166.04
0.53
0.02
2024PRCDD096
166.04
166.58
0.54
0.69
2024PRCDD096
166.58
166.89
0.31
12.2
2024PRCDD096
166.89
167.2
0.31
0.22
2024PRCDD096
167.2
167.49
0.29
0.23
2024PRCDD096
167.49
167.8
0.31
0.7
2024PRCDD096
167.8
168.21
0.41
3.19
2024PRCDD096
168.21
168.7
0.49
0.39
2024PRCDD096
168.7
169.23
0.53
4
2024HRC082
30
31
1
0.13
2024HRC082
31
32
1
0.15
2024HRC082
32
33
1
0.16
2024HRC082
33
34
1
1.49
2024HRC082
34
35
1
0.59
2024HRC082
35
36
1
0.16
2024HRC083
111
114
3
0.46
2024HRC083
114
117
3
0.69
2024HRC083
117
120
3
0.93
2024HRC083
120
123
3
0.21
2024HRC083
123
126
3
0.16
2024HRC084
18
19
1
0.09
2024HRC084
19
20
1
0.08
2024HRC084
20
21
1
0.1
2024HRC084
21
24
3
0.14
2024HRC084
24
27
3
0.12
2024HRC084
27
28
1
0.08
2024HRC084
28
29
1
0.11
2024HRC084
29
30
1
0.09
2024HRC084
30
31
1
0.04
2024HRC084
31
32
1
0.1
2024HRC084
32
33
1
0.04
2024HRC084
33
36
3
0.05
2024HRC084
81
84
3
2.45
2024HRC084
84
87
3
0.07
2024HRC084
87
90
3
0.06
2024HRC084
126
127
1
0.05
2024HRC084
127
128
1
0.09

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

23

==> picture [125 x 29] intentionally omitted <==

Hole ID From (m) To (m) Width (m) Au (ppm) Hole ID From (m) To (m) Width (m) Au (ppm)
2024HRC084
128
129
1
0.06
2024HRC084
129
130
1
0
2024HRC084
130
131
1
0.1
2024HRC084
131
132
1
0.03
2024HRC084
132
135
3
1.64
2024HRC084
135
138
3
0.93
2024HRC084
138
139
1
0.02
2024HRC084
139
140
1
0.02
2024HRC084
151
152
1
9.56
2024HRC084
152
153
1
0.07
2024HRC084
153
154
1
0.02
2024HRC084
154
155
1
0.09
2024PRCDD096
169.23
169.8
0.57
3.7
2024PRCDD096
169.8
170.1
0.3
0.63
2024PRCDD096
170.1
170.57
0.47
1.3
2024PRCDD096
170.57
171.04
0.47
2.77
2024PRCDD096
171.04
171.53
0.49
14.3
2024PRCDD096
171.53
171.84
0.31
3.25
2024PRCDD096
171.84
172.46
0.62
0.41
2024PRCDD096
172.46
172.7
0.24
0.13
2024PRCDD096
172.7
172.96
0.26
1
2024PRCDD096
172.96
173.31
0.35
0.65
2024PRCDD096
173.31
173.77
0.46
0.52
2024PRCDD096
173.77
174.45
0.68
0
2024PRCDD096
174.45
174.85
0.4
0.35
2024PRCDD096
174.85
175.47
0.62
0.06
2024PRCDD096
175.47
176
0.53
0.02
2024PRCDD096
176
176.35
0.35
0.08
2024PRCDD096
176.35
176.7
0.35
0.06
2024PRCDD096
176.7
177.18
0.48
0.04
2024PRCDD096
177.18
177.7
0.52
0.02
2024PRCDD096
177.7
178
0.3
0
2024PRCDD096
178
178.23
0.23
0.13
2024PRCDD096
178.23
178.8
0.57
0.16
2024PRCDD096
178.8
179.34
0.54
0.17
2024PRCDD096
179.34
179.81
0.47
2.27
2024PRCDD096
179.81
180.15
0.34
3.8
2024PRCDD096
180.15
180.63
0.48
1.7
2024PRCDD096
180.63
181
0.37
0.26
2024PRCDD096
181
181.37
0.37
0.03
2024PRCDD096
181.37
181.9
0.53
0.08
2024PRCDD096
181.9
182.24
0.34
0
2024PRCDD096
182.24
182.52
0.28
0.08
2024PRCDD096
182.52
182.87
0.35
0.15
2024PRCDD096
182.87
183.08
0.21
0.05
2024PRCDD096
183.08
183.6
0.52
0.21
2024PRCDD096
183.6
184.03
0.43
0.08
2024HRC086
24
27
3
0.06
2024HRC086
27
30
3
0.07
2024HRC086
30
33
3
0.05
2024HRC086
66
69
3
0.01
2024HRC086
69
72
3
16.1
2024HRC086
72
75
3
0.05
2024HRC086
75
78
3
0
2024HRC086
78
81
3
1
2024HRC086
94
95
1
0.48
2024HRC086
95
96
1
2.73
2024HRC087
18
21
3
0.05
2024HRC087
21
24
3
0.03
2024HRC087
24
27
3
0.01
2024HRC087
27
30
3
0.04
2024HRC087
30
33
3
0.03
2024HRC087
63
66
3
0.12
2024HRC087
66
67
1
0.91
2024HRC087
67
68
1
0.65
2024HRC087
68
69
1
0
2024HRC087
69
70
1
0.26
2024HRC087
70
71
1
0.46
2024HRC087
71
72
1
0.62
2024HRC087
72
73
1
24
2024HRC087
73
74
1
2.24
2024HRC087
74
75
1
0.04
2024HRC087
75
76
1
0.02
2024HRC087
76
77
1
0.02
2024HRC087
77
78
1
0
2024HRC087
78
79
1
0.02
2024HRC087
79
80
1
0
2024HRC087
80
81
1
36.7
2024HRC087
81
82
1
1.12
2024HHHDD001
38.3
39
0.7
0.04
2024HHHDD001
39
39.7
0.7
0.14
2024HHHDD001
39.7
40.4
0.7
0.03
2024HHHDD001
40.4
41
0.6
0.04
2024HHHDD001
41
41.6
0.6
0.05
2024HHHDD001
41.6
42.2
0.6
0.11
2024HHHDD001
42.2
42.9
0.7
0.17
2024HHHDD001
42.9
43.6
0.7
0.07
2024HHHDD001
43.6
44
0.4
0.04
2024HHHDD001
44
44.5
0.5
0.03
2024HHHDD001
44.5
45
0.5
0.02
2024HRC088
96
99
3
1.37
2024HRC088
99
100
1
0.3

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

24

==> picture [125 x 29] intentionally omitted <==

Hole ID From (m) To (m) Width (m) Au (ppm) Hole ID From (m) To (m) Width (m) Au (ppm)
2024HRC088
100
101
1
1.49
2024HRC088
101
102
1
0.11
2024HRC088
102
105
3
0.14
2024HHHDD001
45
45.5
0.5
0.04
2024HHHDD001
45.5
46
0.5
0.02
2024HHHDD001
46
46.41
0.41
0
2024HHHDD001
46.41
47
0.59
0.03
2024HHHDD001
47
47.4
0.4
0
2024HHHDD001
47.4
48
0.6
0.03
2024HHHDD001
48
48.56
0.56
0.02
2024HHHDD001
60.75
61.2
0.45
0.21
2024HHHDD001
61.2
61.67
0.47
0.2
2024HHHDD001
61.67
62.36
0.69
0.39
2024HHHDD001
62.36
62.8
0.44
0.07
2024HHHDD001
62.8
63.32
0.52
0.03
2024HHHDD001
65.8
66.42
0.62
6.53
2024HHHDD001
66.42
67.06
0.64
0.48
2024HHHDD001
67.06
67.57
0.51
0.03
2024HHHDD001
67.57
68.03
0.46
0
2024HHHDD001
68.03
68.3
0.27
0.02
2024HHHDD001
68.3
68.8
0.5
0.03
2024HHHDD001
68.8
69.2
0.4
0
2024HHHDD001
69.2
69.86
0.66
0.04
2024HHHDD001
69.86
70.61
0.75
0.02
2024HHHDD001
70.61
71.48
0.87
0.05
2024HHHDD001
71.48
71.8
0.32
0
2024HHHDD001
71.8
72.51
0.71
0.42
2024HHHDD001
72.51
73.3
0.79
0.07
2024HHHDD001
73.3
74
0.7
0.05
2024HHHDD001
74
74.65
0.65
0
2024HHHDD001
74.65
75.02
0.37
0.02
2024HHHDD001
75.02
75.77
0.75
0.18
2024HHHDD001
75.77
76.44
0.67
0.06
2024HHHDD001
76.44
77.29
0.85
0.11
2024HHHDD001
77.29
77.8
0.51
0.07
2024HHHDD001
77.8
78.4
0.6
0
2024HHHDD001
78.4
78.85
0.45
0.76
2024HHHDD001
78.85
79.5
0.65
0.19
2024HHHDD001
79.5
79.97
0.47
0.08
2024HHHDD001
79.97
80.63
0.66
0.16
2024HHHDD001
80.63
80.8
0.17
0.06
2024HHHDD001
80.8
81.48
0.68
0.04
2024HHHDD001
81.48
82.1
0.62
0.05
2024HHHDD001
82.1
82.57
0.47
0.09
2024HHHDD001
82.57
83.26
0.69
0.08
2024HHHDD001
83.26
83.72
0.46
0.06
2024HHHDD001
83.72
84.26
0.54
1
2024HHHDD001
84.26
85.03
0.77
1.71
2024HHHDD001
85.03
85.44
0.41
0.1
2024HRC089
60
61
1
0.14
2024HRC089
61
62
1
0.02
2024HRC089
62
63
1
0
2024HRC089
63
64
1
0.02
2024HRC089
64
65
1
3.85
2024HRC089
65
66
1
0.22
2024HRC090
18
21
3
1.03
2024HRC090
21
24
3
0.04
2024HRC090
24
27
3
0.35
2024HRC090
27
30
3
0.2
2024ORC051
27
30
3
0.06
2024ORC051
30
33
3
0.1
2024ORC051
69
72
3
0.12
2024ORC051
72
75
3
0
2024ORC051
75
78
3
0.05
2024ORC051
84
87
3
1.08
2024ORC052
0
3
3
0.05
2024ORC052
3
6
3
0.04
2024ORC052
6
9
3
0.01
2024ORC052
9
12
3
0.01
2024ORC052
12
15
3
0.07
2024ORC052
15
18
3
0.03
2024ORC052
66
69
3
0.29
2024ORC052
69
72
3
1.05
2024ORC052
72
75
3
1
2024ORC052
75
78
3
0.43
2024ORC052
78
81
3
2
2024ORC052
81
84
3
0.88
2024ORC052
141
144
3
0.03
2024ORC052
144
147
3
0.03
2024ORC052
147
150
3
0.02
2024ORC052
150
153
3
0.02
2024ORC053
30
33
3
0.01
2024ORC053
33
36
3
0.01
2024ORC053
36
39
3
0
2024ORC053
39
42
3
0.08
2024ORC053
42
45
3
0
2024ORC053
45
48
3
0.01
2024ORC053
48
51
3
0
2024ORC053
51
54
3
0.01
2024ORC053
54
57
3
0.01
2024ORC053
63
66
3
0.01
2024ORC053
111
114
3
0.01

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

25

==> picture [125 x 29] intentionally omitted <==

Hole ID From (m) To (m) Width (m) Au (ppm) Hole ID From (m) To (m) Width (m) Au (ppm)
2024ORC053
114
117
3
0
2024ORC053
117
120
3
0.02
2024ORC053
120
123
3
0.02
2024ORC053
129
132
3
0.03
2024ORC053
132
135
3
0.02
2024ORC053
135
138
3
0.04
2024ORC053
138
141
3
0.02
2024HHHDD001
85.44
86
0.56
0.97
2024HHHDD001
86
86.46
0.46
0.22
2024HHHDD001
86.46
86.8
0.34
0.4
2024HHHDD001
86.8
87.37
0.57
2.73
2024HHHDD001
87.37
87.65
0.28
0.19
2024HHHDD001
87.65
88.24
0.59
0.06
2024HHHDD001
88.24
88.72
0.48
0.44
2024ORC054
30
33
3
0.01
2024ORC054
33
36
3
0
2024ORC054
36
39
3
0.03
2024ORC054
39
42
3
0
2024ORC054
42
45
3
0.01
2024ORC054
45
48
3
0.02
2024ORC054
54
57
3
0.02
2024ORC054
57
58
1
0
2024ORC054
58
59
1
0.03
2024ORC054
59
60
1
1.18
2024ORC054
60
63
3
2.31
2024ORC054
63
64
1
0.07
2024ORC054
64
65
1
0.03
2024ORC054
65
66
1
0
2024ORC054
66
67
1
0.04
2024ORC054
123
126
3
0.06
2024ORC054
126
129
3
0.05
2024ORC054
129
132
3
0.02
2024ORC054
132
135
3
0.03
2024ORC054
135
138
3
0.03
2024ORC054
138
141
3
0.02
2024ORC054
141
144
3
0
2024ORC054
144
147
3
0.07
2024HHHDD003
98.5
98.8
0.3
2.41
2024HHHDD003
98.8
99.16
0.36
0.03
2024HHHDD003
99.16
99.69
0.53
0.44
2024HHHDD003
99.69
100.23
0.54
0.09
2024HHHDD003
100.23
100.67
0.44
0.05
2024HHHDD003
100.67
101.18
0.51
0.02
2024HHHDD003
101.18
101.55
0.37
0.05
2024HHHDD003
101.55
101.81
0.26
0.09
2024HHHDD003
101.81
102.36
0.55
0.02
2024HHHDD003
102.36
102.86
0.5
0.17
2024HHHDD003
102.86
103.16
0.3
0.08
2024HHHDD003
103.16
103.49
0.33
0.02
2024HHHDD003
103.49
104
0.51
0.1
2024HHHDD003
104
104.41
0.41
3.96
2024HHHDD003
104.41
105.22
0.81
0.06
2024HHHDD003
105.22
105.7
0.48
0.03
2024HHHDD003
105.7
106.32
0.62
0.04
2024HHHDD003
106.32
106.95
0.63
0.05
2024HHHDD003
106.95
107.51
0.56
1.22
2024HHHDD003
107.51
108.15
0.64
0.18
2024HHHDD003
108.15
108.73
0.58
0.03
2024HHHDD003
108.73
109.38
0.65
0.02
2024HHHDD003
109.38
109.92
0.54
0.05
2024HHHDD003
109.92
110.51
0.59
0.1
2024HHHDD003
110.51
110.93
0.42
0.03
2024HHHDD003
110.93
111.27
0.34
0.04
2024HHHDD003
111.27
111.63
0.36
1.83
2024HHHDD003
121.22
121.66
0.44
0.02
2024HHHDD003
121.66
122.26
0.6
0
2024HHHDD003
122.26
122.77
0.51
0.02
2024HHHDD003
122.77
123.33
0.56
0.04
2024HHHDD003
123.33
123.83
0.5
0.03
2024HHHDD003
123.83
124.35
0.52
0.02
2024HHHDD003
124.35
125.02
0.67
0
2024HHHDD003
125.02
125.5
0.48
0.02
2024HHHDD003
125.5
126
0.5
0
2024HHHDD003
126
126.66
0.66
0.02
2024HHHDD003
126.66
127.14
0.48
0
2024HHHDD003
127.14
127.59
0.45
0.08
2024PRC097
71
72
1
0.28
2024PRC097
72
73
1
0.02
2024PRC097
73
74
1
0.03
2024PRC097
153
156
3
0.05
2024PRC097
156
159
3
0.01
2024PRC097
225
228
3
0.46
2024PRC097
228
231
3
0.02
2024PRC098
117
120
3
0.02
2024PRC098
120
123
3
0.01
2024PRC098
147
148
1
0.02
2024PRC098
148
149
1
0.29
2024PRC098
149
150
1
0.11
2024PRC098
150
151
1
0.02
2024PRC098
151
152
1
0
2024PRC098
152
153
1
0.01
2024PRC098
186
187
1
0

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

26

==> picture [125 x 29] intentionally omitted <==

Hole ID From (m) To (m) Width (m) Au (ppm) Hole ID From (m) To (m) Width (m) Au (ppm)
2024PRC098
187
188
1
0.11
2024PRC098
188
189
1
0.02
2024PRC098
189
190
1
0.03
2024PRC098
190
191
1
0.05
2024PRC098
191
192
1
0.03
2024PRC098
192
193
1
43.2
2024PRC098
193
194
1
10.6
2024PRC098
194
195
1
0.11
2024PRC098
195
198
3
0.08
2024PRC098
198
201
3
0
2024PRC098
201
204
3
0.02
2024PRC098
225
228
3
0.05
2024PRC098
228
231
3
0.06
2024PRC098
231
234
3
0.04
2024PRC098
234
237
3
0.02
2024PRC098
237
240
3
0.03
2024HHHDD003
127.59
127.94
0.35
0.04
2024HHHDD003
127.94
128.5
0.56
0.03
2024HHHDD003
128.5
128.98
0.48
0.02
2024HHHDD003
130.47
130.98
0.51
0.03
2024HHHDD003
130.98
131.5
0.52
0.02
2024HHHDD003
131.5
132.17
0.67
0.02
2024HHHDD003
132.17
132.63
0.46
0.02
2024HHHDD002
46.13
46.82
0.69
0.03
2024HHHDD002
46.82
47.6
0.78
0.09
2024HHHDD002
47.6
48.68
1.08
0.02
2024HHHDD002
48.68
49.43
0.75
0
2024HHHDD002
49.43
50.15
0.72
0.11
2024HHHDD002
50.15
50.89
0.74
0.05
2024HHHDD002
50.89
51.7
0.81
0.03
2024HHHDD002
51.7
52.55
0.85
0.06
2024HHHDD002
52.55
53.18
0.63
0.02
2024HHHDD002
103.61
103.9
0.29
19.2
2024HHHDD002
103.9
104.21
0.31
0.03
2024PRC099
0
3
3
0.33
2024PRC099
3
6
3
0.04
2024PRC099
6
9
3
0.02
2024PRC099
27
30
3
0.02
2024PRC099
30
33
3
0.01
2024PRC099
156
159
3
0.01
2024PRC099
165
168
3
0.02
2024PRC099
168
171
3
0.01
2024PRC099
237
240
3
0.04
2024PRC099
240
243
3
1.19
2024PRC099
243
246
3
1.56
2024PRC099
246
249
3
1.36
2024PRC099
249
252
3
0.3
2024PRC099
252
255
3
5.24
2024PRC099
255
258
3
1.2
2024PRC099
258
261
3
0.03
2024PRC099
261
264
3
0.05
2024PRC099
264
267
3
0.03
2024PRC099
267
270
3
0.02
2024PRC099
270
273
3
0.04
2024PRC099
306
309
3
0.03
2024PRC099
309
312
3
0.03
2024PRC099
315
318
3
0.34
2024PRC099
318
321
3
0.02
2024PRC099
321
322
1
0.05
2024PRC099
322
323
1
0.03
2024PRC099
323
324
1
0.05
2024ODD003
59.2
60
0.8
0.02
2024ODD003
60
61
1
0.02
2024ODD003
61
61.7
0.7
0
2024ODD003
61.7
62.32
0.62
0.03
2024ODD003
62.32
63.08
0.76
0.02
2024ODD003
69.18
69.9
0.72
0.02
2024ODD003
69.9
70.58
0.68
0.02
2024ODD003
70.58
71.34
0.76
0.02
2024ODD003
71.34
72.09
0.75
0
2024ODD003
72.09
72.7
0.61
0
2024ODD003
72.7
73.2
0.5
0.04
2024ODD003
73.2
73.87
0.67
0.28
2024ODD003
73.87
74.45
0.58
0.03
2024ODD003
74.45
75.03
0.58
0
2024ODD003
75.03
75.44
0.41
0.02
2024ODD003
75.44
76.06
0.62
0.34
2024ODD003
76.06
76.5
0.44
15.2
2024ODD003
76.5
77.1
0.6
0.07
2024ODD003
77.1
77.8
0.7
0
2024ODD003
77.8
78.43
0.63
0
2024ODD003
78.43
79
0.57
0.08
2024ODD003
79
79.7
0.7
0.03
2024ODD003
79.7
80.38
0.68
0.06
2024ODD003
80.38
81.1
0.72
0.08
2024ODD003
81.1
81.7
0.6
0.07
2024ODD003
81.7
82.52
0.82
0.03
2024ODD003
82.52
83.23
0.71
0.04
2024ODD003
83.23
83.95
0.72
0.03
2024PRC100
260
261
1
1.86
2024PRC100
261
262
1
0.02
2024PRC100
262
263
1
0.02

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

27

==> picture [125 x 29] intentionally omitted <==

Hole ID From (m) To (m) Width (m) Au (ppm) Hole ID From (m) To (m) Width (m) Au (ppm)
2024PRC100
263
264
1
0.02
2024PRC100
264
265
1
0.02
2024PRC100
265
266
1
0.03
2024PRC100
266
267
1
0.05
2024PRC100
267
270
3
0.42
2024PRC100
270
271
1
0.16
2024PRC100
271
272
1
0.05
2024PRC100
272
273
1
0.05
2024PRC100
273
274
1
0.04
2024PRC100
274
275
1
0.04
2024PRC100
275
276
1
0.08
2024PRC100
276
277
1
0.08
2024PRC100
277
278
1
0.02
2024PRC100
278
279
1
0.03
2024PRC100
279
280
1
0.03
2024PRC100
280
281
1
0.03
2024PRC100
281
282
1
0.02
2024PRC100
282
283
1
0.02
2024PRC100
283
284
1
0.02
2024PRC100
288
289
1
0.07
2024PRC100
289
290
1
0.07
2024PRC100
290
291
1
0.12
2024PRC100
291
292
1
0.21
2024PRC100
292
293
1
3.52
2024PRC100
293
294
1
0.14
2024PRC100
294
295
1
0.14
2024PRC100
295
296
1
0.04
2024PRC100
296
297
1
0.02
2024PRC100
297
298
1
0.02
2024PRC100
298
299
1
0.02
2024PRC100
299
300
1
0
2024PRC100
300
303
3
0.02
2024PRC100
303
306
3
0.08
2024ODD003
83.95
84.5
0.55
0.02
2024ODD003
115.4
116.09
0.69
0.05
2024ODD003
116.09
116.8
0.71
0.04
2024ODD003
116.8
117.43
0.63
0.03
2024ODD003
117.43
118.13
0.7
0.02
2024ODD002
24.4
25
0.6
0.3
2024ODD002
25
25.7
0.7
0.08
2024ODD002
25.7
26.4
0.7
0.18
2024ODD002
26.4
27.1
0.7
0.02
2024ODD002
27.1
27.9
0.8
0.05
2024ODD002
30.7
31.4
0.7
0.06
2024ODD002
31.4
32.1
0.7
0.03
2024ODD002
32.1
32.8
0.7
0.02
2024ODD002
32.8
33.46
0.66
0.03
2024ODD002
33.46
34.07
0.61
0.03
2024ODD002
39.4
40.2
0.8
0.23
2024ODD002
40.2
40.9
0.7
1.88
2024ODD002
40.9
41.68
0.78
1.78
2024ODD002
41.68
42.4
0.72
0.03
2024ODD002
44.62
45.5
0.88
0.25
2024ODD002
45.5
46.9
1.4
0.99
2024ODD002
46.9
47.6
0.7
0.02
2024ODD002
58.29
59
0.71
0.09
2024ODD002
59
59.58
0.58
0.02
2024ODD002
59.58
59.88
0.3
0.28
2024ODD002
59.88
60.45
0.57
58.9
2024ODD002
60.45
61.02
0.57
0.05
2024ODD002
61.02
61.35
0.33
0.3
2024ODD002
61.35
62
0.65
26.5
2024ODD002
62
62.9
0.9
0.49
2024ODD002
62.9
63.7
0.8
0.04
2024ODD002
63.7
64.4
0.7
0.02
2024ODD002
64.4
65.1
0.7
0.18
2024PRC101
81
84
3
0.02
2024PRC101
84
87
3
0.03
2024PRC101
114
117
3
0.05
2024PRC101
117
120
3
0.04
2024PRC101
120
123
3
0
2024PRC101
123
126
3
0.04
2024PRC101
126
129
3
0.02
2024PRC101
129
132
3
0.02
2024PRC101
132
135
3
0.02
2024PRC101
135
138
3
0.06
2024PDD001
217.48
218.16
0.68
0.02
2024PDD001
218.16
218.9
0.74
0.02
2024PDD001
218.9
219.4
0.5
0.11
2024PDD001
219.4
219.9
0.5
0.02
2024PDD001
219.9
220.58
0.68
0.02
2024PDD001
220.58
221.22
0.64
0.02
2024PDD001
221.22
221.9
0.68
0.09
2024PDD001
221.9
222.42
0.52
0.03
2024PDD001
222.42
222.84
0.42
0.03
2024PDD001
222.84
223.4
0.56
0.01
2024PDD001
223.4
223.95
0.55
0.01
2024PDD001
223.95
224.43
0.48
0.01
2024PDD001
229.2
229.64
0.44
0.02
2024PRC102
132
135
3
0.03
2024PRC102
135
138
3
0.02
2024PRC102
138
141
3
0.01

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

28

==> picture [125 x 29] intentionally omitted <==

Hole ID From (m) To (m) Width (m) Au (ppm) Hole ID From (m) To (m) Width (m) Au (ppm)
2024PRC102
147
150
3
0.02
2024PRC102
150
153
3
0.02
2024PRC102
174
177
3
0.01
2024PRC102
177
180
3
0.01
2024PRC102
180
183
3
0
2024PRC102
183
186
3
0.01
2024PRC102
195
198
3
0.01
2024PRC102
198
199
1
0.18
2024PRC102
199
200
1
0.7
2024PRC102
200
201
1
0.5
2024PRC102
201
204
3
0.28
2024PRC102
204
207
3
0.01
2024PRC102
207
210
3
0.01
2024PRC102
210
213
3
0.02
2024PDD001
229.64
230.04
0.4
0.01
2024PDD001
230.04
230.52
0.48
0.06
2024PDD001
230.52
230.99
0.47
0.24
2024PDD001
230.99
231.36
0.37
0.03
2024PDD001
232.32
232.87
0.55
0.01
2024PDD001
232.87
233.26
0.39
0.08
2024PDD001
233.26
233.9
0.64
0.14
2024PDD001
233.9
234.41
0.51
0.02
2024PDD001
234.41
235.01
0.6
0.03
2024PDD001
235.01
235.74
0.73
0.01
2024PDD001
235.74
236.4
0.66
0
2024PDD001
236.4
236.9
0.5
0.08
2024PDD001
236.9
237.47
0.57
0.12
2024PDD001
237.47
238.17
0.7
0.03
2024PDD001
238.73
239.42
0.69
0.31
2024PDD001
239.42
239.75
0.33
0.34
2024PDD001
239.75
240.26
0.51
0.5
2024PDD001
240.26
240.8
0.54
8.81
2024PDD001
240.8
241.4
0.6
0.04
2024PDD001
272
272.7
0.7
0.98
2024PDD001
272.7
272.98
0.28
31.4
2024PDD001
272.98
273.58
0.6
0.04
2024PDD001
273.58
273.9
0.32
0.01
2024PDD001
273.9
274.3
0.4
0.01
2024PDD001
274.3
274.7
0.4
0.03
2024PDD001
274.7
275.1
0.4
0.09
2024PDD001
275.1
275.42
0.32
0.08
2024PDD001
275.42
276
0.58
0.1
2024PDD001
276
276.5
0.5
0.15
2024PDD001
276.5
277
0.5
1.15
2024PDD001
277
277.38
0.38
13.2
2024PDD001
277.38
278
0.62
10.1
2024PDD001
278
278.4
0.4
58.4
2024PDD001
278.4
279.08
0.68
8.81
2024PDD001
279.08
279.72
0.64
15.4
2024PDD001
279.72
280.04
0.32
30.5
2024PDD001
280.04
280.65
0.61
48.8
2024PDD001
280.65
280.9
0.25
30.9
2024PDD001
280.9
281.3
0.4
23.1
2024PDD001
281.3
281.63
0.33
35.3
2024PDD001
281.63
282
0.37
0.25
2024PDD001
282
282.7
0.7
0.11
2024PDD001
282.7
283.32
0.62
0.14
2024PDD001
283.32
283.72
0.4
0.12
2024PDD001
283.72
284.4
0.68
0.1
2024PDD001
284.4
285.07
0.67
0.13
2024PRC103
141
144
3
0.02
2024PRC103
144
147
3
0.02
2024PRC103
147
150
3
0.02
2024PRC103
150
153
3
0
2024PRC103
153
156
3
0.02
2024PRC103
156
159
3
0.03
2024PRC103
159
162
3
0.01
2024PRC103
162
165
3
0.01
2024PRC103
165
168
3
0
2024PRC103
168
171
3
0.01
2024PRC103
171
174
3
0
2024PRC103
174
177
3
1.4
2024PRC103
231
234
3
0.16
2024PRC103
234
237
3
0.19
2024PRC103
237
240
3
0.03
2024PRC104
144
147
3
0.35
2024PRC104
147
148
1
0.04
2024PRC104
148
149
1
0.02
2024PRC104
149
150
1
0.08
2024PRC104
150
153
3
0.02
2024PRC104
153
156
3
0
2024PRC104
156
159
3
0.02
2024PRC104
159
162
3
0.02
2024PRC104
162
165
3
0.02
2024PRC104
177
180
3
0.05
2024PRC104
180
183
3
0.04
2024PRC104
205
206
1
0.12
2024PRC104
206
207
1
2.11
2024PRC104
207
210
3
0.02
2024PRC104
210
211
1
0.16
2024PRC104
211
212
1
0.03
2024PRC104
212
213
1
0.07

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

29

==> picture [125 x 29] intentionally omitted <==

Hole ID From (m) To (m) Width (m) Au (ppm) Hole ID From (m) To (m) Width (m) Au (ppm)
2024PRC104
213
216
3
0.03
2024PRC104
216
219
3
0.01
2024PDD001
285.07
285.7
0.63
0.07
2024PDD001
285.7
286.6
0.9
0.06
2024PDD001
286.6
286.98
0.38
0.06
2024PDD001
286.98
287.7
0.72
0.05
2024PDD001
287.7
288.3
0.6
0.05
2024PDD001
288.3
288.8
0.5
0.01
2024PDD001
288.8
289.25
0.45
0.02
2024PDD001
289.25
289.7
0.45
0.02
2024PDD001
289.7
290.3
0.6
0.02
2024PDD001
290.3
290.8
0.5
0
2024PDD001
290.8
291.42
0.62
0.02
2024PDD001
291.42
292.1
0.68
0.02
2024PDD001
292.1
292.6
0.5
0
2024PDD001
292.6
293.13
0.53
0.01
2024PDD001
293.13
293.8
0.67
0.01
2024PDD001
293.8
294.4
0.6
0.02
2024PDD001
294.4
294.96
0.56
0.01
2024PDD001
298.93
299.44
0.51
0.02
2024PDD001
299.44
299.9
0.46
0.02
2024PDD001
299.9
300.5
0.6
0.02
2024PDD001
300.5
301.1
0.6
0.01
2024PDD001
301.1
301.7
0.6
0
2024PDD001
301.7
302.24
0.54
0
2024PDD001
302.24
302.9
0.66
0.01
2024PDD001
302.9
303.4
0.5
0.01
2024PDD001
303.4
304
0.6
0
2024PDD001
304
304.66
0.66
0
2024PDD001
304.66
305.11
0.45
0.01
2024PDD001
305.11
305.62
0.51
0.01
2024PDD001
305.62
306.14
0.52
0.01
2024PDD001
306.14
306.8
0.66
0.01
2024PRC105
36
39
3
0.01
2024PRC105
39
42
3
0.01
2024PRC105
42
45
3
0
2024PRC105
45
48
3
0
2024PRC105
48
51
3
0.01
2024PRC105
126
127
1
0.07
2024PRC105
127
128
1
0.15
2024PRC105
128
129
1
2.18
2024PRC105
129
132
3
0.11
2024PRC105
132
135
3
0.04
2024PRC105
135
138
3
0
2024PRC105
138
141
3
0.03
2024PRC105
141
144
3
0
2024PRC105
144
147
3
0.01
2024PRC105
171
174
3
0.08
2024PRC105
176
177
1
0.02
2024PRC105
177
178
1
0.11
2024PRC105
178
179
1
0.07
2024PRC105
179
180
1
0
2024PRC105
180
183
3
0.07
2024PRC105
183
186
3
0.19
2024PRC105
186
189
3
0.03
2024PRC105
189
192
3
0.03
2024PRC105
192
195
3
0
2024PRC105
195
198
3
0.06
2024PRC105
198
201
3
0.1
2024PRC105
201
204
3
0.02
2024PRC105
204
207
3
0.02
2024PRC105
207
210
3
0.03

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

30

==> picture [125 x 29] intentionally omitted <==

APPENDIX 2: Collar and down hole survey of diamond and RC drillholes released in this announcement.

All locations on Australian Geodetic Grid MGA_GDA94-51.

Downhole surveys were completed on all the DD and RC drill holes by the drillers. They used a True North seeking Gyro downhole tool to collect the surveys approximately every 5m down the hole. The azimuth shown is the magnetic azimuth of the drilling direction.

Hole ID Coordinates Coordinates Coordinates Depth (m) Collars survey method Azimuth Dip Type Drilling status Assay status
Easting Northing RL (m)
2024HHHDD001
2024HHHDD002
2024HHHDD003
2024ODD002
2024ODD003
2024HRC067
2024HRC068
2024HRC069
2024HRC070
2024HRC071
2024HRC072
2024HRC073
2024HRC074
2024HRC075
2024HRC076
2024HRC077
2024HRC078
2024HRC079
2024HRC080
2024HRC081
2024HRC082
2024HRC083
2024HRC084
2024HRC085
2024HRC086
2024HRC087
2024HRC088
2024HRC089
2024HRC090
2024ORC051
2024ORC052
2024ORC053
2024ORC054
2024PRC097
2024PRC098
2024PRC099
2024PRC100
2024PRC101
402132.067
6505952.599
307.016
170.8
RTK-GPS
50
-50
DD
Drilled
Received
402176.4136
6505904.755
306.7675
170.8
RTK-GPS
55
-50
DD
Drilled
Received
402233.6217
6505671.965
301.8524
160
RTK-GPS
70
-50
DD
Drilled
Received
401993.3832
6506655.382
306.4268
153
RTK-GPS
220
-55
DD
Drilled
Received
401742.6908
6506709.496
305.5468
157.4
RTK-GPS
190
-55
DD
Drilled
Received
402110.3965
6505973.93
305.2602
198
RTK-GPS
50
-50
RC
Drilled
Received
402144.4745
6505902.727
306.5542
198
RTK-GPS
110
-50
RC
Drilled
Received
402205.6365
6505886.088
306.9622
216
RTK-GPS
135
-50
RC
Drilled
Received
402374.4559
6505597.011
299.7882
102
RTK-GPS
150
-60
RC
Drilled
Received
402372.2729
6505533.504
298.7619
108
RTK-GPS
130
-70
RC
Drilled
Received
402366.108
6505568.946
299.1523
114
RTK-GPS
160
-70
RC
Drilled
Received
402389.6025
6505543.284
298.5807
78
RTK-GPS
95
-65
RC
Drilled
Received
402368.8319
6505473.279
298.4229
90
RTK-GPS
50
-50
RC
Drilled
Received
402342.2071
6505455.649
299.0904
126
RTK-GPS
10
-50
RC
Drilled
Received
402326.679
6505443.296
299.2042
138
RTK-GPS
55
-50
RC
Drilled
Received
402314.4277
6505412.463
299.508
150
RTK-GPS
40
-50
RC
Drilled
Received
402295.6202
6505356.77
299.7057
174
RTK-GPS
50
-50
RC
Drilled
Received
402326.6944
6505327.393
299.1625
132
RTK-GPS
50
-60
RC
Drilled
Received
402398.6481
6505328.502
298.5106
114
RTK-GPS
80
-50
RC
Drilled
Received
402442.7074
6505372.759
298.108
84
RTK-GPS
80
-50
RC
Drilled
Received
402439.8156
6505356.5
298.0836
72
RTK-GPS
80
-50
RC
Drilled
Received
402279.2784
6505398.336
300.1496
186
RTK-GPS
50
-50
RC
Drilled
Received
402266.255
6505671.069
302.4323
192
RTK-GPS
50
-50
RC
Drilled
Received
402207.6316
6505664.196
301.7539
246
RTK-GPS
55
-50
RC
Drilled
Received
402289.2348
6505631.858
301.0416
126
RTK-GPS
100
-60
RC
Drilled
Received
402286.1526
6505631.703
301.106
150
RTK-GPS
50
-55
RC
Drilled
Received
402256.453
6505625.164
300.812
198
RTK-GPS
50
-55
RC
Drilled
Received
402333.4755
6505615.271
300.6105
126
RTK-GPS
160
-60
RC
Drilled
Received
402355.7026
6505689.311
305.1964
126
RTK-GPS
160
-60
RC
Drilled
Received
401758.1126
6506725.043
305.6856
150
RTK-GPS
190
-55
RC
Drilled
Received
401786.9799
6506725.262
305.3916
156
RTK-GPS
190
-60
RC
Drilled
Received
401805.418
6506717.849
305.4319
150
RTK-GPS
190
-60
RC
Drilled
Received
401814.7324
6506704.477
305.316
156
RTK-GPS
190
-65
RC
Drilled
Received
402535.3772
6504655.214
299.4184
246
RTK-GPS
340
-50
RC
Drilled
Received
402551.0329
6504632.308
299.2215
252
RTK-GPS
45
-50
RC
Drilled
Received
402479.5293
6504622.917
299.9557
324
RTK-GPS
340
-50
RC
Drilled
Received
402336.5168
6504607.395
299.644
318
RTK-GPS
20
-55
RC
Drilled
Received
402313.1262
6504644.568
299.8316
312
RTK-GPS
15
-60
RC
Drilled
Received

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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Hole ID Coordinates Coordinates Coordinates Depth (m) Collars survey method Azimuth Dip Type Drilling status Assay status
Easting Northing RL (m)
2024PRC102
2024PRC103
2024PRC104
2024PRC105
2024PRC106
2024PRC107
2024PRC108
2024PRC109
2024PRC110
2024PRC111
2024PRC112
2024PRC113
2024PRC114
2024PRC115
2024PRC116
2024PRC117
2024PRC118
2024PRC119
2024PRC120
2024PRC121
2024PRCDD096
2024PDD001
402565.9606
6504610.624
299.575
246
RTK-GPS
40
-55
RC
Drilled
Received
402584.8229
6504631.508
298.649
246
RTK-GPS
45
-50
RC
Drilled
Received
402533.2667
6504713.676
299.1863
240
RTK-GPS
20
-60
RC
Drilled
Received
402504.1209
6504762.343
299.2988
216
RTK-GPS
70
-50
RC
Drilled
Received
402488.1557
6504794.755
299.3553
198
RTK-GPS
60
-50
RC
Drilled
Received
402651.6416
6504851.317
298.408
66
RTK-GPS
200
-50
RC
Drilled
Received
402662.8616
6504866.554
298.4592
90
RTK-GPS
200
-50
RC
Drilled
Received
402709.0002
6504835.924
298.9979
66
RTK-GPS
200
-50
RC
Drilled
Received
402772.5392
6504855.019
298.6156
96
RTK-GPS
200
-50
RC
Drilled
Received
402788.94
6504826.034
298.7409
72
RTK-GPS
210
-50
RC
Drilled
Received
402811.0844
6504839.376
297.8776
78
RTK-GPS
180
-50
RC
Drilled
Received
402814.5771
6504854.507
297.6833
78
RTK-GPS
200
-50
RC
Drilled
Received
402795.9667
6504857.572
298.0419
78
RTK-GPS
200
-50
RC
Drilled
Received
403062.8255
6504521.826
292.7608
132
RTK-GPS
80
-50
RC
Drilled
Received
403116.5052
6504528.614
291.9415
84
RTK-GPS
50
-50
RC
Drilled
Received
403097.2972
6504448.379
292.2668
150
RTK-GPS
50
-50
RC
Drilled
Received
403168.7115
6504483.276
291.6717
168
RTK-GPS
80
-50
RC
Drilled
Received
403218.9122
6504487.742
291.4129
54
RTK-GPS
50
-50
RC
Drilled
Received
402565.64
6504651.028
298.8655
282
RTK-GPS
345
-60
RC
Drilled
Received
402773.5818
6504602.375
300.6331
186
RTK-GPS
70
-50
RC
Drilled
Received
402520.3932
6504673.985
299.5149
224.2
RTK-GPS
25
-60
RC/DD
Drilled
Received
402271.0294
6504855.25
300.9043
332.9
RTK-GPS
125
-55
DD
Drilled
Received

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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APPENDIX 3: JORC Code, 2012 Edition – Table 1 Exploration Results

Section 1 Sampling Techniques and Data

Criteria JORC Code explanation Commentary
Sampling
techniques

Nature and quality of sampling (e.g., cut
channels, random chips, or specific
specialised industry standard
measurement tools appropriate to the
minerals under investigation, such as down
hole gamma sondes, or handheld XRF
instruments, etc). These examples should
not be taken as limiting the broad meaning
of sampling.

Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any
measurement tools or systems used.

Aspects of the determination of
mineralisation that are Material to the
Public Report.

In cases where ‘industry standard’ work
has been done this would be relatively
simple (e.g., ‘reverse circulation drilling
was used to obtain 1 m samples from
which 3 kg was pulverised to produce a 30
g charge for fire assay’). In other cases,
more explanation may be required, such as
where there is coarse gold that has
inherent sampling problems. Unusual
commodities or mineralisation types (e.g.,
submarine nodules) may warrant
disclosure of detailed information.

Industry-standard drilling methods, such as diamond
drilling (DD) and reverse circulation drilling (RC)
were used to sample the project.

The RC drilling was to generally accepted industry
standards producing 1.0m samples which were
collected beneath the cyclone and then passed
through a cone splitter.

The splitter reject sample was collected into green
plastic bags or plastic buckets and laid out on the
ground in 20-40m rows.

The holes were sampled as initial 3m composites for
all prospects using a PVC spear to produce an
approximate representative 3kg sample into pre-
numbered calico sample bags.

Anomalous 3m composites are re-assayed as the
1m splits originally collected beneath the cyclone
and cone splitter. This gives a more representative
sample of the lithologies intersected.

The full length of each hole drilled was sampled.

All samples collected are submitted to a contract
commercial laboratory. Samples are dried, crushed
and homogenised to produce a 40g charge for fire
assay and a separate sample for 4- acid digest and
60 multi-element analysis using an Induced Coupled
Plasma Mass Spectrometer.
Drilling
techniques

Drill type (e.g., core, reverse circulation,
open-hole hammer, rotary air blast, auger,
Bangka, sonic, etc) and details (e.g., core
diameter, triple or standard tube, depth of
diamond tails, face-sampling bit, or other
type, whether core is oriented and if so, by
what method, etc).

RC holes were drilled with a truck-mounted
Schramm T685 fitted with a hands-free Sandvik
DA554 rod-handler. The diamond rig was an 8x8
truck-mounted Sandvik DE-880 fitted with a hands-
free rod handling system. Rod and air trucks are
Mercedes 8 x 8 trucks with a 2400cfm 1000psi
Hurricane booster and a 350psi/1270cfm auxiliary
compressor. All equipment supplied by Top Drill.

Diamond drilling was cored using HQ and NQ2
diamond bits

Relevant support vehicles were provided.

RC holes were drilled using a 145mm (5.5in) face-
sampling drilling bit.
Drill sample
recovery

Method of recording and assessing core
and chip sample recoveries and results
assessed.

Measures taken to maximise sample
recovery and ensure representative nature
of the samples.

Whether a relationship exists between
sample recovery and grade and whether
sample bias may have occurred due to
preferential loss/gain of fine/coarse
material.

Diamond drilling gathers uncontaminated fresh core
samples that are processed on the drill site to
eliminate drilling fluids and cuttings, resulting in
clean core for logging and analysis.

The RC samples were not individually weighed or
measured for recovery.

To ensure maximum sample recovery and the
representivity of the samples, an experienced
Company geologist was present during drilling to
monitor the sampling process. Any issues were
immediately rectified.

Sample recovery was recorded by the Company
Field Assistant based on how much of the sample is
returned from the cyclone and cone splitter. This is
recorded as good, fair, poor or no sample.

Torque is satisfied that the RC holes have taken a
sufficiently representative sample of the interval and
minimal loss of fines has occurred in the RC drilling
resultingin minimalsample bias.

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No twin RC drill holes have been completed to
assess sample bias.

At this stage no investigations have been made into
whether there is a relationship between sample
recovery and grade.
Logging
Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate
Mineral Resource estimation, mining
studies and metallurgical studies.

Whether logging is qualitative or
quantitative in nature. Core (or costean,
channel, etc) photography.

The total length and percentage of the
relevant intersections logged.

Torque geologists logged all chips and drill core
using current company logging methodology.
Lithology information from mineralised intervals
provides enough detail to allow meaningful
wireframe interpretation.

The qualitative component of the logging describes
oxidation state, grain size, lithology code
assignment, and stratigraphy code assignment.

All 1m RC samples were sieved and chips collected
into 20m chip trays for geological logging of colour,
weathering, lithology, alteration and mineralisation
for potential Mineral Resource estimation and
mining studies.

RC logging is both qualitative and quantitative in
nature.

The total length of the RC holes was logged. Where
no sample was returned due to cavities/voids it was
recorded as such.
Sub-
sampling
techniques
and sample
preparation

If core, whether cut or sawn and whether
quarter, half or all cores taken.

If non-core, whether riffled, tube sampled,
rotary split, etc and whether sampled wet
or dry.

For all sample types, the nature, quality,
and appropriateness of the sample
preparation technique.

Quality control procedures adopted for all
sub-sampling stages to maximise
representivity of samples.

Measures taken to ensure that the
sampling is representative of the in-situ
material collected, including for instance
results for field duplicate/second-half
sampling.

Whether sample sizes are appropriate to
the grain size of the material being
sampled.

Sampling technique:

All RC samples were collected from the RC rig
and were collected beneath the cyclone and
then passed through the cone splitter.

The samples were generally dry, and all
attempts were made to ensure the collected
samples were dry. However, on deeper
portions of some of the drillholes some
samples were logged as moist and/or wet.

The cyclone and cone splitter were cleaned
with compressed air at the end of every
completed hole.

The sample sizes were appropriate to correctly
represent the mineralisation based on the style
of mineralisation, the thickness and
consistency of intersections, and the sampling
methodology for the primary elements.

Quality Control Procedures

At least one duplicate sample was collected
every hole.

Certified Reference Material (CRM) samples
were inserted in the field every approximately
50 samples.

Blank washed sand material was inserted in
the field approximately every 50 samples.

Overall QAQC insertion rate of 1:10 samples.

Laboratory repeats taken and standards
inserted at pre-determined level specified by
the laboratory.

Sample preparation in the Bureau Veritas
(Canning Vale, Western Australia) laboratory:
The samples are weighed then dried for a
minimum of 12 hours at 1000C, then crushed
to -2mm using a jaw crusher, and pulverised
by LM5 or disc pulveriser to -75 microns for a
40g Lead collection fire assay to create a
homogeneous sub-sample. The pulp samples
were also analysed with 4 acid digest induced
Coupled Plasma Mass Spectrometer for 18

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multi-elements

The sample sizes are considered appropriate
to correctly represent the mineralisation based
on the style of mineralisation, the thickness
and consistency of intersections, the sampling
methodology and the assay value ranges
expected forgold.
Quality of
assay data
and
laboratory
tests

The nature, quality and appropriateness of
the assaying and laboratory procedures
used and whether the technique is
considered partial or total.

For geophysical tools, spectrometers,
handheld XRF instruments, etc, the
parameters used in determining the
analysis including instrument make and
model, reading times, calibrations factors
applied and their derivation, etc.

Nature of quality control procedures
adopted (e.g., standards, blanks,
duplicates, external laboratory checks) and
whether acceptable levels of accuracy (i.e.
lack of bias) and precision have been
_established. _

Duplicates and samples containing standards are
included in the samples submitted for analysis, as
described above.

The quality control procedures employed and
described above are considered to provide
acceptable levels of accuracy and precision.
Verification
of sampling
and
assaying

The verification of significant intersections
by either independent or alternative
company personnel.

The use of twinned holes.

Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.

Discuss any adjustment to assay data.

Significant intersections have been independently
verified by alternative company personnel.

The Competent Person has visited the site and
supervised the drilling and sampling processes used
in the field.

All primary data related to logging and sampling are
captured into Excel templates on palmtops or
laptops.

All paper copies of data have been stored.

All data is sent to Perth and stored in the centralised
database with MX DEPOSIT front end which is
managed by a qualified database geologist.

No adjustments or calibrations have been made to
any assay data, apart from resetting below detection
values tohalfpositive detection.
Location of
data points

Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and
other locations used in Mineral Resource
estimation.

Specification of the grid system used.

Quality and adequacy of topographic
control.

All collars were initially located by a Geologist using
differential RTK-GPS

Downhole surveys are being completed on all the
RC/DD drill holes by the drillers. They used a True
North seeking Gyro downhole tool to collect the
surveys approximately every 10m down the hole.

The grid system for the Paris Project is
MGA_GDA94 Zone 51.

Topographic data is collected by differential RTK-
GPS
Data spacing
and
distribution

Data spacing for reporting of Exploration
Results.

Whether the data spacing, and distribution
is sufficient to establish the degree of
geological and grade continuity appropriate
for the Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.

Whether sample compositing has been
applied.

This programme was the seventh follow-up drilling
programme across a number of different prospects.
There may still be variation in the drill spacing and
drillhole orientation until geological orientations and
attitude of mineralisation can be established with a
suitable degree of certainty.

The spacing and distribution of the data points is
generally not yet sufficiently consistent to establish
the degree of geological and grade continuity
applied under the 2012 JORC code for the
estimation of Mineral Resources.

Sample compositing has been applied to this drilling
programme with 1m samples collected and
submitted to the laboratory as 3m composites.
Orientation
of data in
relation to

Whether the orientation of sampling
achieves unbiased sampling of possible
structures and the extent to which this is
known, considering the deposit type.

The main lithological units are in predominantly
north-south orientation and dipping sub-vertical.
Mineralised structures at Paris are often oriented at
approximately 2900. The possible presence of

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

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geological
structure

If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to
have introduced a sampling bias, this
should be assessed and reported if
material.
Riedel structures has led to several different drillhole
azimuth orientations being used to generate further
technical information and to intersect specific
mineralised structures, but always with an attempt to
drill orthogonal to the strike of the interpreted
structure. Due to locally varying intersection angles
between drillholes and lithological units, all results
are defined as downhole widths. True widths are
not yet known.

No drilling orientation and sampling bias has been
recognised at this time and drilling is not considered
to have introduced a sampling bias.
Sample
security

The measures taken to ensure sample
security.

Samples collected are placed in calico bags at site
and transported to the relevant Perth or Kalgoorlie
laboratory by courier or company field personnel.

Sample security is not considered a significant risk.
Audits or
reviews

The results of any audits or reviews of
sampling techniques and data.

The Company database was originally compiled
from primary data by independent database
consultants based on original assay data and
historical database compilations. Data is now
managed by suitably qualified in-house personnel.

No review or audit of the data and sampling
techniqueshas beencompleted.

Section 2 Reporting of Exploration Results ( Criteria listed in the preceding section also apply to this section )

Criteria JORC Code explanation Commentary
Mineral
tenement
and land
tenure status

Type, reference name/number, location
and ownership including agreements or
material issues with third parties such as
joint ventures, partnerships, overriding
royalties, native title interests, historical
sites, wilderness or national park and
environmental settings.

The security of the tenure held at the time
of reporting along with any known
impediments to obtaining a licence to
operate in the area.

The relevant tenements (M15/498, M15/497,
M15/496) are 100% owned by and registered to
Torque Metals Limited.

At the time of reporting, there are no known
impediments to obtaining a licence to operate in the
area and the tenements are in good standing.
Exploration
done by
other parties

Acknowledgment and appraisal of
exploration by other parties.

In 1920, Paris Gold Mine Company was floated in
Adelaide to take up a 12-month option over the
mine area. Just to the south, another company had
an option over the Paris South Gold Mine, but soon
abandoned it to focus attention on the Observation
Gold Mine, 1 km to the north, which it abandoned in
turn after only one month. The Paris Mine at the
time contained 5 shafts and 2 costeans. Gold was
said to be erratic in a quartz, schist, jasper lode
jumbled by faults. At some point it was excavated as
an open pit.

Western Mining Corporation (WMC) started to
explore the Paris area in the 1960s and relied on
aerial magnetics supported by geological mapping
to assess mineralisation potential. This work
identified the basalt/gabbro contact as the major
control for Paris style gold-copper mineralisation
and extensions to the ultramafic units that host the
nickel mineralisation around the Kambalda Dome. In
the early 1970s the area was the focus of both
nickel and copper-zinc exploration. Reconnaissance
diamond drilling for nickel was undertaken by WMC
that drilled on 5 lines spaced at 800m across the

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interpreted basal contact position of the Democrat
Hill Ultramafic and the BLF. The basal contact of the
Kambalda Komatiite (and equivalents) is host to all
the nickel mines in the Kambalda district and is the
primary exploration area of interest for nickel
mineralisation. Base metal exploration involved
reconnaissance mapping, gossan search, soil, and
stream sediment sampling. In 1973, DHD 101 was
drilled to follow up a copper anomaly on the
Democratic Shale. Results showed the anomalous
gossan values to be associated with a sulphidic
shale with values in the range 0.1 to 0.2% Cu and
0.8-1.0% Zn. During the early 1980s, Esso
Exploration Australia and Aztec Exploration Limited
conducted exploration programs along strike from
the Paris Mine. Primary area of interest was copper-
zinc-(gold) mineralisation in the felsic volcanics.
Work included geochemistry, geophysics, and
drilling. The Boundary gossan was discovered, and
later drill tested with a single diamond hole in 1984.
This hole failed to locate the primary source of the
anomalous surface geochemistry.
In 1988, Julia Mines conducted an intensive drilling
program comprising air core, RC and diamond holes
concentrated around the Paris Mine. This work was
successful in delineating extensions and parallel
lodes to the known Paris mineralisation. both along
strike and down plunge. Paris Gold Mine was
developed and worked in 1989 by Julia Mines and
produced 24koz gold, 17koz silver and 245t copper.
Estimated recovered gold grade was 11.2g/t.
In 1989/90, WMC completed a six-hole diamond
drilling program to test for depth extensions to the
Paris mineralisation below the 180m depth. Results
defined a narrow (1-2m) high-grade zone over 70m
of strike and intersected hanging wall lodes 10m
and 30m stratigraphically above the interpreted
main lode. This was the last drilling program to be
carried out on the Paris Mine by WMC. From 1994
to 1999, WMC focused their gold resource definition
drilling on the HHH deposit and conducted a series
of RC drilling campaigns resulting in 30m drill line
spacings with holes every 10m to 20m along the
lines. Elsewhere, exploration by WMC and later by
St Ives Gold Mining Company identified several
areas of interest based on favourable structural and
geochemistry evaluations. The 7km x 1km long N-S
trending soil anomaly at Strauss was systematically
drill tested in 2000 and yielded encouraging results
associated with the Butcher’s Well Dolerite. Air core
drilling in 2005 focussed on the southern strike
extensions of the mineralisation discovered in the
2000 program with limited success.
Gold Fields Australia (SIGMC - St Ives Gold Mining
Company) explored the area in 2008. The Paris and
HHH deposits were tested as part of SIGMC’s air
core programme. Drilling (148 holes, 640m x 80m)
focused on poorly exposed differentiated dolerite
proximal to interpreted intrusives. The exploration
potential was supported by a structural
interpretation which highlighted strong NNW
trending magnetic features with the apparent
intersection of crustal-scale lineaments observed in
the regional gravity images. Anomalous values are
associated with a felsic intrusive in sediments on the
western margin of the area of interest.
Austral Pacific Pty Ltd acquired the Paris Gold
ProjectfromSIGMCinJuly2015. Mineral Resource

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and Reserve estimates were compiled in-house and
exploitation of the Paris and HHH deposits focused
on a staged approach with gold production as a
priority and near mine exploration to follow.
Geology
Deposit type, geological setting, and style
of mineralisation.

The Paris Gold Project covers a north-south
trending belt of Archaean granite-greenstone
terrain, and most of the package is currently
situated to the east of the Boulder Lefroy Structural
Zone (BLSZ). Consequently, the Parker Domain
dominates the project geology, defined as existing
east of the BLFZ and bounded to the east by the
Mount Monger Fault. The Parker Domain comprises
a series of ultramafic and mafic units interlayered
with felsic volcanoclastic and sediments. The
stratigraphic sequence is like the Kambalda
Domain.

Gold mineralisation is widespread, occurring in
almost all parts of the craton, but almost entirely
restricted to the supracrustal belts. Gold occurs as
structurally and host-rock controlled lodes, sharply
bounded high-grade quartz veins and associated
lower-grade haloes of sulphide-altered wall rock.
Mineralisation occurs in all rock types, although Fe-
rich dolerite and basalt are the most common, and
large granitic bodies are the least common hosts.
Most deposits are accompanied by significant
alteration, generally comprising an outer carbonate
halo, intermediate to proximal potassic-mica and
inner sulphide zones. The principal control on gold
mineralisation is structure, at different scales,
constraining both fluid flow and deposition positions.
Drill hole
Information

A summary of all information material to the
understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
o
easting and northing of the drill hole
collar
o
elevation or RL (Reduced Level –
elevation above sea level in metres)
of the drill hole collar
o
dip and azimuth of the hole
o
down hole length and interception
depth AND hole length.

If the exclusion of this information is
justified on the basis that the information is
not Material and this exclusion does not
detract from the understanding of the
report, the Competent Person should
clearly explain why this is the case.

All relevant information for the drillholes reported in
this announcement can be found in the relevant
tables and appendices included herein. Only gold
assays ≥ 0.03 ppm (0.03 g/t) are recorded in the
assay data table, except where relevant as part of a
longer intercept. All intercepts are presented as
down-hole lengths.
Data
aggregation
methods

In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g., cutting of
high grades) and cut-off grades are usually
Material and should be stated.

Where aggregate intercepts incorporate
short lengths of high-grade results and
longer lengths of low-grade results, the
procedure used for such aggregation
should be stated and some typical
examples of such aggregations should be
shown in detail.

The assumptions used for any reporting of
metal equivalent values should be clearly
stated.

No high-grade cuts have been applied to the assay
results reported in this announcement.

Arithmetic weighted averages are used: example
272.0m to 288.3m in hole 24PDD001 is reported as
16.3m @ 7.95 g/t gold, comprising 32 contiguous
samples, calculated as follows:
[(0.7m0.98gpt) + (0.28m31.4gpt) + (0.6m0.04gpt) +
(0.32m
0.01gpt) + (0.4m0.01gpt) + (0.4m0.03gpt) +
(0.4m0.09gpt) + (0.32m0.08gpt) + (0.58m0.1gpt) +
(0.5m
0.15gpt) + (0.5m1.15gpt) + (0.38m13.2gpt) +
(0.62m10.1gpt) + (0.4m58.4gpt) + (0.68m8.81gpt) +
(0.64m
15.4gpt) + (0.32m30.5gpt) + (0.61m48.8gpt) +
(0.25m30.9gpt) + (0.4m23.1gpt) + (0.33m35.3gpt) +
(0.37m
0.25gpt) + (0.7m0.11gpt) + (0.62m0.14gpt) +
(0.4m0.12gpt) + (0.68m0.1gpt) + (0.67m0.13gpt) +
(0.63m
0.07gpt) + (0.9m0.06gpt) + (0.38m0.06gpt) +
(0.72m0.05gpt) + (0.6m0.05gpt) +]
/

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

38

==> picture [125 x 29] intentionally omitted <==

[0.7+0.28+0.6+0.32+0.4+0.4+0.4+0.32+0.58+0.5+0.5+0
.38+0.62+0.4+0.68+0.64+0.32+0.61+0.25+0.4+0.33+0.
37+0.7+0.62+0.4+0.68+0.67+0.63+0.9+0.38+0.72+0.6]
=
129.564/16.3 = 7.95 g/t gold over 16.3m.
Nometalequivalentvalueshave beenused.
Relationship
between
mineralisatio
n widths and
intercept
lengths

These relationships are particularly
important in the reporting of Exploration
Results.

If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.

If it is not known and only the down hole
lengths are reported, there should be a
clear statement to this effect (e.g., ‘down
hole length, true width not known’).

All results are reported as downhole widths.
Insufficient knowledge of the structural controls on
the mineralisation and attitude of the mineralised
horizons is known yet to allow true widths to be
established.
Diagrams
Appropriate maps and sections (with
scales) and tabulations of intercepts should
be included for any significant discovery
being reported These should include, but
not be limited to a plan view of drill hole
collar locations and appropriate sectional
views.

Appropriate maps and summary intercept tables are
included in this report. Where sufficient structural
data have been gathered to allow meaningful
interpretation of the structural setting controlling the
mineralisation, appropriate sections for significant
discoveries are also included. Where structural
data is as yet insufficient to allow meaningful
interpretation, sections are not provided as to do so
could be considered misleading.
Balanced
reporting

Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and
high grades and/or widths should be
practiced avoiding misleading reporting of
_Exploration Results. _

The individual assays for all drill hole intercepts
mentioned herein are reported in Appendix 1, with
the qualification that only gold assays ≥ 0.03 ppm
(0.03 g/t) are shown, except where relevant as part
of a longer intercept. All intercepts are presented as
down-holewidths.
Other
substantive
exploration
data

Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.

All meaningful and material information has been
included in the body of this announcement.

Torque’s main exploration aim is to establish if any
gold mineralisation present is significant enough to
warrant advancement to resource definition. Torque
continues to explore with the objective of compiling
appropriate data to enable a resource to be defined.
Previous announcements have reported the
outcome of metallurgical testwork conducted to
investigate the possible presence, and impact, of
any other elements that might also be present within
mineralised zones and which could be viewed by
some to be deleterious. The metallurgical test work
and characterisation studies clearly demonstrated
that the presence of elements such as copper did
not in any way adversely impact the gold recoveries
from mineralised zones which remained in excess of
96% (see announcement of 27-Sep-2023).
Further work
The nature and scale of planned further
work (e.g., tests for lateral extensions or
depth extensions or large-scale step-out
drilling).

Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
_commercially sensitive. _

Plans for future work are discussed in the body of
this announcement.

The possible locations, and extent, of follow-up
drilling has not yet been confirmed but will likely
include further RC and possibly diamond drilling.

Torque Metals Limited ASX: TOR PO Box 27, West Perth, WA, 6872 ABN 44 621 122 905

39