Slide 1: Webinar Presentation May 2022
Webinar Presentation May 2022
Slide 2: Disclaimer
Disclaimer IMPORTANT aware that past performance is not indicative of future performance. the Company does not intend to publicly update or revise any forward- Statements of numbers and financial performance: All financial amounts looking statements to reflect new information or future events or oth
Slide 3: Capital Structure
Capital Structure Share Price Since IPO Capital Structure1 Ordinary shares on issue 77.8m Daily Volume Traded (m) Share Price 35 9 Options2 38.5m Share Price (2 May 2022) $0.230 8 Market capitalisation (undiluted) $17.9m 30 Daily Closing Price (cents pershare) Cash3 $3.7m 7 Debt3 Nil 25 Daily Volume
Slide 4: Torque has amassed a toehold in two premier gold provinces
Torque has amassed a toehold in two premier gold provinces Flagship Paris Gold Project • On the Boulder-Lefroy Fault – host to over 70Moz gold Western • Secured a JV to earn up to 80% in the adjacent tenements, adding a 14 km extension of the prospective stratigraphy • Contains 2 historic high-grade
Slide 5: Paris Gold Project
Paris Gold Project Section 1 5
Slide 6: World-Class Gold Mining Province
World-Class Gold Mining Province Boulder Lefroy Torque’s Flagship Paris Project sits along strike of 70Moz of Gold Production Premier location On the richly endowed Boulder- Lefroy Fault – over 70 million ounces of gold produced from many large deposits. Webinar Presentation 6
Slide 7: Maynards Dam
Maynards Dam Paris Gold Project 3m@28g/t Au Observation Torque’s Large Tenement Holding at Paris 4m@15.86g/t Au (21ORC031); 9m@11.6g/t Au (21ORC009); 6m@8.45g/t Au (21ORC036); 9m@3.98g/t Au (21ORC008) Tenement Package: Marmaracs 1m@5.25g/t Au • Nine Mining Leases (100% Owned) • Two Prospecting Licen
Slide 8: Paris Prospect
Paris Prospect Extensive drilling completed since IPO in June 2021 with highlights including: • 6m @ 21.95g/t Au from 159m, 3m @ 14.01g/t Au from 171m within 27m @ 8.16g/t Au (22PRC038); • 6m @ 4.02g/t Au from 159m within 18m @1.96g/t Au from 141m (22PRC036); • 6m @ 34.60g/t Au from 141m within 24m
Slide 9: Observation Prospect
Observation Prospect Discovery of the high-grade Observation prospect in August 2021 • 9m @ 11.6 g/t Au from 66m (21ORC009); • 6m @ 8.45 g/t Au from 51m (21ORC036); and • 4m @ 15.86 g/t Au from 57m (21ORC031) All are shallow intercepts above 60m vertical depth New Observation mineralised zone ~300m
Slide 10: New Caruso Prospect
New Caruso Prospect Recent regional drilling, north-east of the HHH pit intersected extensive shallow gold intercepts, including: • 15m @ 3.12 g/t Au from 15m (21HRC023); • 9m @ 3.47 g/t Au from 30m (21HRC018); and • 6m @ 1.37 g/t Au from 24m (21HRC016) Strong potential to connect the newly discover
Slide 11: Carreras and Pavarotti Potential
Carreras and Pavarotti Potential • Highly anomalous auger geochemistry results (up to 249ppb), highlight a ~600m continuous NNW trending gold anomaly close to DHD425 the “Paris South” prospect 2m@7.3g/t Au from 6m • Two additional gold anomalies identified in a previously unexplored area, approximat
Slide 12: Nickel Potential at the Paris Project
Nickel Potential at the Paris Project Section 2 12
Slide 13: EM Anomalies at Paris
EM Anomalies at Paris Recent airborne EM survey (AEM) highlights two strong conductors 2km west of the Paris / HHH gold pits Cassini • Initial interpretation of the AEM survey data 1.53Mt@4%Ni-Tot. at Paris demonstrates the anomalies are indicative of metal sulphide conductors Strong EM Anomalies •
Slide 14: EM Anomalies at Paris
EM Anomalies at Paris Recent airborne EM survey (AEM) highlights two strong conductors 2km west of the Paris / HHH gold pits • Follow up surveys planned, including high resolution geophysics to improve definition of these potential base metal targets; • Historical drilling, coincident with a strong
Slide 15: Next Steps for EM Anomalies
Next Steps for EM Anomalies Domingo-GEM • Follow-up work planned EM anomalies, with high resolution geophysical testing imminent. Survey Activities to include: • Ground EM surveying at Domingo as well as the interpreted Melchior anomalies; • Geochemical and mineralogical analyses to determine the na
Slide 16: Intended Exploration Campaign
Intended Exploration Campaign Follow-up work planned EM anomalies, with high resolution geophysical testing imminent. Drilling activities to include up to ~9000m Upcoming Drilling Drilling Type Holes Depth (m) Paris Project Area Paris Reverse Circulation 12 180 Observation Reverse Circulation 12 100
Slide 17: Investment Highlights
Investment Highlights High grade Simple Under Experienced gold fields development explored board and pathway management Early drilling has continued Potential to Fast-track Torque’s ground A board with decades of to deliver high grade to development positions are relatively experience in exploration
Slide 18: Contact information
Contact information: Ian Finch Cristian Moreno Executive Chairman Chief Executive Officer 0414 270 248 0410 280 809 ian@torquemetals.com cristian@torquemetals.com