Slide 1: A Large Scale, Pure Gold Play in the West Australian Goldfields
For personal use only A LARGE SCALE, PURE GOLD PLAY IN THE WEST AUSTRALIAN GOLDFIELDS ASX: TOR CORPORATE PRESENTATION | MAY 2025
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT THIS PRESENTATION CONTAINS SUMMARY INFORMATION ABOUT TORQUE METALS LIMITED (ACN 621 122 905) (“TORQUE OR “THE COMPANY”) AND ASTON MINERALS LIMITED (“ASTON”). THE INFORMATION IN THIS PRESENTATION IS OF GENERAL BACKGROUND AND DOES NOT PURPORT TO BE COMPLETE. This Presentation, inc
Slide 3: Paris Gold Project: A Standout Asset, Primed for Rapid Resource Growth
For personal use only PARIS GOLD PROJECT A STANDOUT ASSET, PRIMED FOR RAPID RESOURCE GROWTH
Slide 4: Northern Star-KCGM
NORTHEN STAR-KCGM 1Refer to ASX: AAR Announcement dated 18 November 2024 – Noosa Mining Conference Presentation 6”Super Pit” 31,6 Moz @ 1.4g/t Au 2Refer to ASX: MXR Announcement dated 7 November 2024 – AGM Presentation 3Refer to ASX: WGX Announcement dated 16 September 2024 – 2024 mineral resource e
Slide 5: Prime Assets in Prolific WA Gold Belt
PRIME ASSETS IN PROLIFIC WA GOLD BELT For personal use only ~1200 km2 SIGNIFICANT GOLDFIELDS LANDHOLDING Beta Hunt, Invincible, Higginsville, St. Ives, Bald Hill PROXIMATE TO KEY PROCESSING INFRASTRUCTURE 14 ML’s, 2 PL’s, 48 EL’s DEVELOPMENT-READY MERGER PRESENTATION
Slide 6: Paris Gold Project: Open Resource, Shallow Depth
PARIS GOLD PROJECT: OPEN RESOURCE, SHALLOW DEPTH For personal use only 250,000 @ 3.1g/t MINERAL RESOURCE ESTIMATE A$3,000/Oz² Open pit: 190,000 @ 2.9g/t Au Underground: 60,000 @ 3.8g/t Au New drilling extending MRE, results inc.15m @ 12.57 g/t Au³ EXTENSIVE AND PROSPECTIVE LAND AREA Majority of dril
Slide 7: All-Time Intercepts at Paris Speak for Themselves
ALL-TIME INTERCEPTS TOP INTERCEPTS: OBSERVATION AT PARIS SPEAK FOR 9m @ 11.52g/t Au from 63m Grade g.m 103.68 Hole ID 21ORC009 THEMSELVES For personal use only 4m @ 15.86 g/t Au from 57m 63.44 21ORC031 6.81m @ 7.59 g/t gold from 58.29m 51.6879 24ODD002 6m @ 8.45 g/t Au from 51m 50.7 21ORC036 TOP INT
Slide 8: High-Grade Gold Mineralisation
HIGH-GRADE GOLD MINERALISATION Paris Gold Project – A Vastly Unexplored Treasure For personal use only A LOT FURTHER TO GO Majority of drilling is shallow, deepest hole ~200m with multiple drilling intercepts not included in the existent MRE MINERALISATION STYLE Quartz veins with sulphides (pyrrhoti
Slide 9: Metallurgical Analysis: Testwork Confirm Free Milling Gold
MET METALLURGICAL ANALYSIS, RESULTS TESTWORK CONFIRM FREE MILLING GOLD, LARGELY RECOVERABLE VIA GRAVITY SEPARATION For personal use only 48 Hour 48 Hour Gravity Total Gold Recovered Assayed Residual Cyanide Lime Deposit Year Recovery Recovery Head Grade Head Grade High total gold recoveries, (%) (%)
Slide 10: Multiple EM Conductors Identified Coincident and Adjacent of Known Gold Mineralisation
EM MULTIPLE EM CONDUCTORS IDENTIFIED COINCIDENT AND ADJACENT OF KNOWN GOLD CONDUCTORS MINERALISATION For personal use only Highlights areas with increased conductivity, potentially linked to sulphide mineralisation associated with gold. Provides clear vectoring for follow-up drilling, improving targ
Slide 11: Paris Gold Deposit Conductor Plate
PARIS GOLD DEPOSIT CONDUCTOR PLATE 1 For personal use only Aligns with a 16.3m @ 7.95 g/t Au intercept, indicating a strong link to known gold mineralisation. Extends ~100m southwest, consistent with the geological model and highlighting open mineralisation. Likely pyrrhotite-rich, making it a relia
Slide 12: Paris Gold Deposit Conductor Plate
PARIS GOLD DEPOSIT CONDUCTOR PLATE 2 For personal use only Modelled from 23PRC083 & 24PRC103; intersects high- grade gold, extends ~100m downdip, implies further mineralisation outside MRE. Plate-2 correlates with high- grade intercepts (15m @ 12 g/t & 15m @ 3.85 g/t Au), confirming conductors direc
Slide 13: HHH Gold Deposit
HHH GOLD DEPOSIT 73,000 OZ @ 2 G/T GOLD OF For personal use only 250,000 OZ @ 3.1 G/T GOLD RESOURCE CLASSIFICATION 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. ¹Refer to ASX:TOR Announcement dated 23 October
Slide 14: Observation Gold Deposit
OBSERVATION GOLD DEPOSIT 25,000 OZ @ 2.8 G/T GOLD OF For personal use only 250,000 OZ @ 3.1 G/T GOLD RESOURCE CLASSIFICATION 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. ¹Refer to ASX:TOR Announcement dated 23
Slide 15: Exploration Timeline: Paris Gold Project
EXPLORATION TIMELINE: PARIS GOLD PROJECT 1914 1920 1957 - 1963 1981 For personal use only • Gold discovered in Paris by • Paris gold mine project was • Northern Minerals acquired • Esso exploration acquired prospectors E.W. French and T. floated Paris and actively mined Paris Paris, completed F. Tho
Slide 16: Further Gold Potential: A Low-Cost Company in a Tier-1 Mining Jurisdiction
For personal use only FURTHER GOLD POTENTIAL A LOW-COST COMPANY IN A TIER-1 MINING JURISDICTION
Slide 17: Paris Gold Potential: Key Investor Highlights
PARIS GOLD POTENTIAL KEY INVESTOR HIGHLIGHTS For personal use only STRAUSS PROSPECT Best result to date 8m @ 1.7 g/t from 64m Strauss Prospect is not included in the existent MRE MAYNARDS DAM PROSPECT Best result to date 5m @ 16.97 g/t from 21m Maynards Dam Prospect is not included in the existent M
Slide 18: New Dawn Gold Potential: Key Investor Highlights
NEW DAWN GOLD POTENTIAL KEY INVESTOR HIGHLIGHTS PRYDE PROSPECT RUMBLES PROSPECT For personal use only PROXIMITY TO PROVEN DEPOSITS LUNA PROSPECT Adjacent of Mount Belches Mining Centre, 50 km south-east of Kalgoorlie, within the Goldfields Region of Western Australia. MOUNTBELCHES VAULT MIREINERALS
Slide 19: Penzance Gold Potential: Key Investor Highlights
PENZANCE GOLD POTENTIAL KEY INVESTOR HIGHLIGHTS For personal use only GRANTED TENEMENTS IN A TIER-1 GOLD REGION 70km South of Kalgoorlie, premier gold mining jurisdiction, surrounded by high-quality WESTGOLD gold projects such as Invincible NYSE: GFI and Mandilla ASX: AAR. Beta Hunt 2,647 Koz @2.69
Slide 20: A Compelling Investment Proposition
A COMPELLING INVESTMENT PROPOSITION For personal use only BOARD OF Proven leadership and HIGH-GRADE 250,000oz @ 3.1 g/t gold DIRECTORS AND CAPITAL disciplined capital management GOLD RESOURCE initial and open gold resources DISCIPLINE ~1,200km² of granted tenure in In-house capabilities across STRAT
Slide 21: Torque Metals and Aston Minerals to Merge
For personal use only TORQUE METALS AND ASTON MINERALS TO MERGE MERGER OF EQUALS TO CREATE A DIVERSIFIED, LEADING GOLD FOCUSED EXPLORER
Slide 22: Assets on Prolific Gold Belts
ASSETS ON PROLIFIC GOLD BELTS For personal use only PROJECTS ON TWO PREMIER GOLD PROVINCES, WITH PROMINENT INFRASTRUCTURE Paris on the WA Boulder-Lefroy Fault, host to over 70Moz gold Edleston on the Abitibi Greenstone Belt, host to over 144Moz gold¹ RESOURCE GROWTH Paris 250,000 oz @ 3.1 g/t gold ,
Slide 23: The Strategy - A Merged Entity with Aggressive Exploration Initiatives
THE STRATEGY - A MERGED ENTITY WITH AGGRESSIVE EXPLORATION INITIATIVES For personal use only THE OPPORTUNITY THE RATIONALE THE OBJECTIVE Australian and Canadian gold projects offering Proximal to significant infrastructure, world- Unlock the potential of the Paris Gold Camp in premium valuation mult
Slide 24: The Board
THE BOARD A PROVEN TRACK RECORD OF DELIVERING VALUE TO SHAREHOLDERS ANDREW WOSKETT TOLGA KUMOVA For personal use only Non-Executive Chairman Non-Executive Director • Over 40 years of project and corporate experience in the • Over 15 years’ experience in stockbroking, corporate finance and resources
Slide 25: The Assets
THE ASSETS MERGE TO CREATE A WELL-FUNDED GROWTH DRIVEN GOLD FOCUSED EXPLORER PARIS GOLD PROJECT For personal use only THE RESOURCE THE GOLD GRADES THE NEIGHBOURS 250,000 ounces of 15m @ 12.57 g/t6 Goldfields JSE: GFI shallow gold at 3.1g/t, 35m @ 14.12 g/t7 Westgold ASX: WGX with additional 16.3m @
Slide 26: Paris Gold Project: The Geology
PARIS GOLD PROJECT THE GEOLOGY Super Pit 1031,6 Moz Au Beta Hunt Mount Belches TWO PREMIER GOLD PROVINCES, WITH PROMINENT INFRASTRUCTURE 72,64 Koz Au 91,7 Moz Au Bullabulling Invincible 122,3 Moz Au 8516 Koz Au Victory – Defiance – Leviathan For personal use only 11 ~ 3,7 Moz Au Astral 51,2 Moz Au P
Slide 27: Edleston Gold Project: A Promising New Acquisition in a Tier-1 Mining Jurisdiction
For personal use only EDLESTON GOLD PROJECT A PROMISING NEW ACQUISITION IN A TIER-1 MINING JURISDICTION
Slide 28: For personal use only
¹Refer to ASX:ASO Announcement 19 January 2023: Maiden Gold Mineral Resource of 1.5 Moz Au Delineated at Edleston Project, Ontario, Canada ²Refer to ASX:ASO Release “Further metallurgical testing of gold at Edleston Main Zone achieves up to 93.3% recovery”, 23 January 2024 ³Refer to Alamos Gold Inc
Slide 29: Edleston Gold Project: Key Investor Highlights
EDLESTON GOLD PROJECT KEY INVESTOR HIGHLIGHTS For personal use only 1,500,000 @ 1g/t JORC RESOURCE¹ Systematic exploration controlled by IP geophysical anomalies EXTENSIVE AND PROSPECTIVE LAND AREA Project controlled by Aston, ~310km² in Abitibi Greenstone Belt, host of over 144Moz Au.³ >90% METALLU
Slide 30: Edleston Gold Deposit
EDLESTON 1,500,000 OZ EDLESTON GOLD DEPOSIT @ 1.0 G/T GOLD For personal use only RESOURCE CLASSIFICATION 14Mt @ 0.9g/t gold for 400,200 ounces (29.1%) classified as Indicated. 34.1Mt @ 1.0g/t gold for 1,099,800 ounces (70.9%) classified as Inferred. ¹Refer to ASX: ASO Announcement dated 31 October 2
Slide 31: Discovery and Exploration History
DISCOVERY AND EXPLORATION HISTORY ASTON MINERALS For personal use only 2011 2012 • Dale’s Former Company 55 North • Secured Edleston • IP Surveys Identify • Reconnaissance Drilling Targets IP Mining Inc Completed Structural Study Chargeability Anomalies Chargeability Anomalies • Direct Pegging and D
Slide 32: Torque Metals Limited
For personal use only TORQUE METALS LIMITED ASX:TOR ABN 44 621 122 905 UNIT 1, LEVEL 16, 1 SPRING STREET +61 (0) 410 280 809 PERT, WA admin@torquemetals.com torquemetals.com