Torque Metals Ltd. · ASX:TOR
Torque Metals — Investor Presentation (October 2024)
23 slides from Torque Metals's investor presentation, Oct 15, 2024
Slide 1: Unveiling Significant Mineral Value in the West Australian Goldfields
ASX:TOR For personal use only UNVEILING SIGNIFICANT MINERAL VALUE IN THE WEST AUSTRALIAN GOLDFIELDS OCTOBER 2024
Slide 2: Disclaimer
DISCLAIMER IMPORTANT. Before continuing, please read the following: This Presentation has been prepared by Torque Metals Limited (ACN 621 122 905) (“Torque or “the Company”) solely for information purposes. This Presentation, including the information contained in this disclaimer, is not a prospectu
Slide 3: A Compelling Investment Proposition
A COMPELLING INVESTMENT PROPOSITION INVESTMENT HIGHLIGHTS For personal use only 13 MINING LICENCES EFFICIENT CAPITAL 4 COST CONSCIOUS CONSISTENT STRUCTURE WITH PROSPECTING LICENCES AND EFFICIENT GOLD GRADES OPEN REGISTER 38 EXPLORATION EXPLORATION LICENCES DIVERSIFIED ASSETS MULTI-SKILLED FAST-TRACK
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT BOARD OF DIRECTORS SHARE PRICE1 MARKET CAP $0.08 $18.7M CRISTIAN MORENO ANDREW WOSKETT For personal use only MANAGING DIRECTOR NON-EXECUTIVE CHAIR ENTERPRISE VALUE CASH2 DEBT2 $15.6M $3.1M NIL TONY LOFTHOUSE NON-EXECUTIVE DIRECTOR IMANTS KINS NON-EXECUTIVE DIRECTOR ORDINARY SHARES
Slide 5: Prime Assets in WA's Lithium-Gold Belt
PRIME ASSETS IN WA’S LITHIUM-GOLD BELT For personal use only ~1200km2 SIGNIFICANT GOLDFIELDS LANDHOLDING Beta Hunt, Invincible, Higginsville, St Ives, Bald Hill PROXIMATE TO PROCESSING INFRASTRUCTURE 13 ML’s, 4 PL’s, 38 EL’s DEVELOPMENT-READY
Slide 6: Paris: Mineral Resource Estimate
PARIS: MINERAL RESOURCE ESTIMATE 250,000 OZ @ 3.1G/T GOLD, INCLUDING PARIS DEPOSIT WITH 152,000 OZ @ 4.3G/T GOLD For personal use only ~35,000M OF DRILLING COMPLETED Multiple DD and RC Drilling campaigns over ~2 years GRADES INDICATE 2.5KM GOLD CAMP POTENTIAL Greenstone Belt intensely controlled by
Slide 7: Paris Gold Project Key Investor Highlights
PARIS GOLD PROJECT KEY INVESTOR HIGHLIGHTS For personal use only 250 koz @ 3.1g/t MINERAL RESOURCE ESTIMATE Drilling campaigns confirm strong gold mineralisation at Paris, HHH and Observation prospects EXTENSIVE AND PROSPECTIVE LAND AREA Large area of ~700km2 in the Western Australian Gold Fields PR
Slide 8: Paris Deposit Resource Classification
PARIS For personal use only DEPOSIT RESOURCE CLASSIFICATION 152,000 OUNCES @ 4.3 G/T GOLD 284Kt @ 3.7g/t gold for 34,000 ounces (22%) classified as Indicated. 810Kt @ 4.5g/t gold for 118,000 ounces (78%) classified as Inferred. Refer to ASX Announcement dated 18 September 2024 – Paris Gold Project –
Slide 9: HHH Deposit Resource Classification
HHH For personal use only DEPOSIT RESOURCE CLASSIFICATION 73,000 OUNCES @ 2.0 G/T GOLD 97Kt @ 3.3g/t gold for 10,000 ounces (14%) classified as Indicated. 1048Kt @ 1.9g/t gold for 63,000 ounces (86%) classified as Inferred. Refer to ASX Announcement dated 18 September 2024 – Paris Gold Project – Min
Slide 10: Observation Deposit Resource Classification
OBSERVATION For personal use only DEPOSIT RESOURCE CLASSIFICATION 25,000 OUNCES @ 2.8 G/T GOLD 225Kt @ 2.7g/t gold for 19,000 ounces (76%) classified as Indicated. 54Kt @ 3.5g/t gold for 6,000 ounces (24%) classified as Inferred. Refer to ASX Announcement dated 18 September 2024 – Paris Gold Project
Slide 11: Gold Structures Open in All Directions
GOLD STRUCTURES OPEN IN ALL DIRECTIONS LINKING PARIS, OBSERVATION AND HHH DEPOSITS For personal use only STRUCTURAL MODEL DELIVERS DETAILED SUBSURFACE UNDERSTANDING Enabling targeted, efficient exploration PARIS INTERSECTION: HOLE 24PRC106 48m @ 1.37 g/t Au from 72m, incl. 9m @ 2.6 g/t Au from 78m a
Slide 12: Gold Potential Outside MRE Zone
GOLD POTENTIAL OUTSIDE MRE ZONE SIGNIFICANT SOIL ANOMALIES DETECTED, WITH GOLD TARGETS READY FOR DRILLING For personal use only STRAUSS PROSPECT Best result to date 8m @ 1.7 g/t Au from 64m Strauss Prospect is not included in the existent MRE MAYNARDS DAM PROSPECT Best result to date 5m @ 16.97 g/t
Slide 13: Consistent Gold Grades
CONSISTENT GOLD GRADES GREAT RESULTS For personal use only 35m @ 14.12 g/t Au from 157.85m including 1.2m @ 185 g/t Au from 174.7m; 4.44m @ 20.82 g/t Au from 170.3m; 2.49m @ 40.6 g/t Au from 167.8m; (23PRCDD076) INVESTOR PRESENTATION – OCTOBER 2024 Refer to ASX Announcement dated 21 April 2023 – Dri
Slide 14: Consistent Gold Grades
CONSISTENT GOLD GRADES GREAT RESULTS For personal use only 16.3m @ 7.95 g/t Au from 272m, including 4.63m @ 25.62 g/t Au from 277m; (24PDD001) INVESTOR PRESENTATION – OCTOBER 2024 Refer to ASX Announcement dated 21 April 2023 – Drilling identifies multiple mineralised zones at Paris Gold Prospect
Slide 15: Consistent Gold Grades
CONSISTENT GOLD GRADES GREAT RESULTS For personal use only 48m @ 1.37 g/t Au from 72m, including 9m @ 2.6 g/t Au from 78m; 3m @ 9.23 g/t Au from 105m; (24PRC106) INVESTOR PRESENTATION – OCTOBER 2024 Refer to ASX Announcement dated 21 April 2023 – Drilling identifies multiple mineralised zones at Par
Slide 16: Consistent Gold Grades
CONSISTENT GOLD GRADES GREAT RESULTS For personal use only 14.76m @ 7.6 g/t Au from 168.13m including 1.04m @ 83.59 g/t Au from 181.34m; (23PRCDD077) INVESTOR PRESENTATION – OCTOBER 2024 Refer to ASX Announcement dated 21 April 2023 – Drilling identifies multiple mineralised zones at Paris Gold Pros
Slide 17: Consistent Gold Grades
CONSISTENT GOLD GRADES GREAT RESULTS For personal use only 39m @ 6.05 g/t Au from 175m including 9m @ 10.66 g/t Au from 178m; 3m @ 29.4 g/t Au from 202m; (22PRC053) INVESTOR PRESENTATION – OCTOBER 2024 Refer to ASX Announcement dated 21 April 2023 – Drilling identifies multiple mineralised zones at
Slide 18: Consistent Gold Grades
CONSISTENT GOLD GRADES GREAT RESULTS For personal use only 41m @ 5.93 g/t Au from 188m including 3m @ 59.35 g/t Au from 204m; 2m @ 25.54 g/t Au from 189m; (21PRC056) INVESTOR PRESENTATION – OCTOBER 2024 Refer to ASX Announcement dated 21 April 2023 – Drilling identifies multiple mineralised zones at
Slide 19: Torque Metals: Exploration Strategy
TORQUE METALS : EXPLORATION STRATEGY IN SUMMARY For personal use only ✓ Diamond drill results ~400m ✓ RC drill results ~7,400m ✓ Soils campaign on recently acquired tenements ✓ Additional metallurgical studies underway to further de-risk and assess production options. ✓ Resource growth by testing st
Slide 20: New Dawn Lithium Project
NEW DAWN LITHIUM PROJECT SIGNIFICANT HIGH-GRADE LITHIUM INTERCEPTS For personal use only KNOWN LITHIUM JURISDICTION 600m west of and abutting the operating Bald Hill Mine (26.5Mt @ 1% Li2O MRE) DEVELOPMENT READY Comprises two development-ready mining licences and nine exploration licences PROMISING
Slide 21: Latest Drilling Returns Grades Up to 4.42% Li2O
LATEST DRILLING RETURNS GRADES UP TO 4.42% Li₂O MULTIPLE, LITHIUM MINERALISED PEGMATITES IN VERTICALLY STACKED For personal use only PATTERNS, UP TO 28.8M THICK 24NDDD009: 13.11m @ 1.03% Li2O, from 49.9m including 5.48m @ 2.25% Li2O, from 52.9m and: 15.77m @ 1.01% Li2O, from 255.9m including 4.08m @
Slide 22: A Compelling Investment Proposition
A COMPELLING INVESTMENT PROPOSITION INVESTMENT HIGHLIGHTS For personal use only 13 MINING LICENCES EFFICIENT CAPITAL 4 COST CONSCIOUS CONSISTENT STRUCTURE WITH PROSPECTING LICENCES AND EFFICIENT GOLD GRADES OPEN REGISTER 38 EXPLORATION EXPLORATION LICENCES DIVERSIFIED ASSETS MULTI-SKILLED FAST-TRACK
Slide 23: Torque Metals Limited
For personal use only TORQUE METALS LIMITED ASX:TOR ABN 44 621 122 905 U1, LEVEL 16, 1 SPRING STREET, +61 (0) 410 280 809 PERTH, WA 6000 admin@torquemetals.com torquemetals.com