Torque Metals Ltd. · ASX:TOR
Torque Metals — Investor Presentation (March 2024)
26 slides from Torque Metals's investor presentation, Mar 21, 2024
Slide 1: Development-Ready Gold and Lithium in WA Goldfields
ASX:TOR torquemetals.com For personal use only Development-Ready Gold and Lithium in WA Goldfields Corporate Presentation - March 2024
Slide 2: Disclaimer
Disclaimer For personal use only 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
Slide 3: Strong Fundamentals and Experienced Team
Strong Fundamentals and Experienced Team TOR SHAREHOLDERS CAPITAL STRUCTURE MGMT 6% For personal use only Institutions 8% $0.15 $20.2m $23m $2.8m High Net Nil Worth Investors Share Price Enterprise Value Market Cap Cash Debt 19% (19 March 24) (31 Dec 23) Retail Other Investors 4% Ordinary Shares on
Slide 4: Prime Assets in WA Lithium-Gold-Nickel Belt
Prime Assets in WA Lithium-Gold-Nickel Belt New Dawn Lithium Project For personal use only • 600m to the west and abutting the operating Bald Hill Mine (MRE: 26.5Mt @ 1.00% Li2O) Paris Gold Project • Adjacent to Gold Fields Ltd (JSE:GFI) St Ives Gold tenements Penzance Nickel Project • World-class K
Slide 5: Prime Location in Premier Mineral Fields of Western Australia
Prime Location in Premier Mineral Fields of Western Australia Significant landholding For personal use only ~800km2 of tenure in WA Goldfields Development-Ready 12 4 26 Mining Prospecting Exploration Licences Licences Licences Proximate to Infrastructure Processing Plants at Bald Hill, Higginsville,
Slide 6: New Dawn Lithium Project
For personal use only New Dawn Lithium Project
Slide 7: New Dawn Lithium Project
New Dawn Lithium Project For personal use only Development-Ready Nearby Infrastructure Strong geological similarities Occupies two pre-Native Title, Abuts operating Bald Hill with Bald Hill Deposit granted mining licences & Lithium Mine with spodumene-rich pegmatites 9 exploration licences prominent
Slide 8: Adjacent to Existing Lithium Mining Operation
Adjacent to Existing Lithium Mining Operation • Bald Hill Mine capable of For personal use only producing concentrate of high lithium (+6% Li₂O), low iron (<0.5% Fe) and low mica (<0.5%) and significant tantalum by-product. • Bald Hill total lithium MRE of 26.5Mt at 1.0% Li₂O, 149ppm Ta₂O₅ • Additio
Slide 9: Maiden Exploration Target
Maiden Exploration Target 8–14 Mt @ 1.0–1.2% Li2O For personal use only • Highlights potential for continued lithium mineralisation along New Dawn trend • Guides Torque towards an initial Mineral Resource Estimate • Encompasses only 40% of two development-ready mining licences, with obvious scope fo
Slide 10: High-Grades Returned from Drilling at New Dawn
High-Grades Returned from Drilling at New Dawn 19 RC and 2 DD intersected high- grade lithium lodes, with peak For personal use only grade of 4.42% Li₂O 35m (cumulative) lithium mineralised pegmatites intersected in one hole Significant intercepts included: • 10m @ 1.51% Li2O, including 1m @ 3.99% L
Slide 11: Assays Confirm High-Grade Lithium Spodumene
Assays Confirm High-Grade Lithium Spodumene For personal use only Refer to ASX announcement 7 December 2023. Assays Confirm High Grade Lithium at New Dawn TOR • torquemetals.com 11
Slide 12: Assays Confirm High-Grade Lithium Spodumene
Assays Confirm High-Grade Lithium Spodumene For personal use only Refer to ASX announcement 7 December 2023. Assays Confirm High Grade Lithium at New Dawn TOR • torquemetals.com 12
Slide 13: Assays Confirm High-Grade Lithium Spodumene
Assays Confirm High-Grade Lithium Spodumene For personal use only Refer to ASX announcement 7 December 2023. Assays Confirm High Grade Lithium at New Dawn TOR • torquemetals.com 13
Slide 14: Paris Gold Project
For personal use only Project Paris Gold
Slide 15: Paris Gold Project Overview
Paris Gold Project For personal use only Extensive and prospective Strategic Location Metallurgical Testwork land area In heart of the WA Goldfields, Exceptional gold Hosting extensive well-placed to facilitate recovery results >95% prospective tenement pathway to production holdings TOR • torquemet
Slide 16: Exceptional metallurgical testwork results
Paris Gold Project For personal use only Exceptional metallurgical testwork results for conventional cyanide leaching. Gravity concentration 40% of gold recovered • Paris Prospect composite gold recovery of 96.79% • Observation Prospect composite gold recovery of 99.7% Vindicates Paris as a first-cl
Slide 17: 2.5km Open Gold Zone at Paris
2.5km Open Gold Zone at Paris • Over 6,500m of DD and RC drilling For personal use only completed • Bonanza gold interval of 35m @ 14.12 g/t gold from 157.85m including 1.2m @ 185 g/t gold from 174.7m • Strong grades lateral and on strike of historic pits illustrate potential of the underexplored ar
Slide 18: Great Results at 23PRCDD076
Great Results at For personal use only Paris Gold Project 23PRCDD076 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 TOR • torquemetals.com 18
Slide 19: Great Results at 23PRCDD077
Great Results at For personal use only Paris Gold Project 23PRCDD077 14.76m @ 7.6 g/t Au from 168.13m including 1.04m @ 83.59 g/t Au from 181.34m TOR • torquemetals.com 19
Slide 20: Great Results at 23PRCDD053
Great Results at For personal use only Paris Gold Project 23PRCDD053 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 TOR • torquemetals.com 20
Slide 21: Great Results at 23PRCDD038
Great Results at For personal use only Paris Gold Project 23PRCDD038 27m @ 8.16 g/t Au from 156m including 6m @ 22.0 g/t Au from 159m TOR • torquemetals.com 21
Slide 22: Great Results at 23PRCDD025
Great Results at For personal use only Paris Gold Project 23PRCDD025 24m @ 10.7 g/t Au from 141m including 6m @ 34.6 g/t Au from 141m TOR • torquemetals.com 22
Slide 23: Great Results at 23PRCDD040
Great Results at For personal use only Paris Gold Project 23PRCDD040 27m @ 10.7 g/t Au from 177m including 6m @ 32.45 g/t Au from 183m 12m @ 19.7 g/t Au from 177m TOR • torquemetals.com 23
Slide 24: Great Results at 23PRCDD056
Great Results at For personal use only Paris Gold Project 23PRCDD056 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 TOR • torquemetals.com 24
Slide 25: Invest in a dynamic, well funded explorer
Invest in a dynamic, well funded For personal use only explorer Capital Structure Located in WA’s Dominant Regional Exploration Efficiency and Experienced Board Premier Mineral Fields Position, Penzance Camp and Innovation Decades of experience in 12 Pre-Native Title development Exploring tested Lit
Slide 26: Contact Us
ASX:TOR torquemetals.com For personal use only Contact Us A Suite 8, 16 Nicholson Road, Subiaco, WA 6008 E admin@torquemetals.com M +61 (0) 410 280 809