Torque Metals Ltd. · ASX:TOR
Torque Metals — Investor Presentation (September 2021)
22 slides from Torque Metals's investor presentation, Sep 1, 2021
Slide 1: Investor Presentation September 2021
For personal use only Investor Presentation September 2021
Slide 2: Disclaimer
disclaimer For personal use only IMPORTANT any person of any information coming to their attention relating to the financial carefully in evaluating the forward-looking statements set out in this Presentation condition, status or affairs of the Company. and are cautioned not to place undue reliance
Slide 3: Capital Structure
capital structure For personal use only Share Price Since IPO Capital Structure Ordinary shares on issue 62.8m Daily Volume Traded (m) Share Price 30 7 Options1 12.6m Share Price (31 August 2021) $0.23 Market capitalisation (undiluted) $14.4m 6 25 Daily Closing Price (cents pershare) Cash2 $5.1m Deb
Slide 4: A new WA gold explorer
a new WA gold explorer For personal use only Torque has amassed a toehold in two premier gold provinces: Paris Gold Project • On the Boulder-Lefroy Fault – host to over 70Moz gold • Footprint of 143km2 approximately 120km S-SE of Kalgoorlie • Secured a JV to earn up to 80% in the adjacent tenements,
Slide 5: World-class gold mining province
world-class gold mining province For personal use only 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. Investor Presentation 5
Slide 6: Paris Gold Project
paris gold project For personal use only Torque’s Large Tenement Holding at Paris Tenement Package: • Nine Mining Leases (100% Owned) • Two Prospecting Licenses (100% Owned) • Three Exploration Licenses (JV with Jindalee | Torque to earn-in up to 80%) Historical Production and 2012 JORC Resource: •
Slide 7: Paris Project – historical mines
paris project – historical mines Paris For personal use only Two mines (Paris and HHH) have produced 43,000oz at a grade of 7.9g/t gold since 1989 Paris Mine • Immediate targets needing following up below existing pit (shallow drilling to date) • Numerous historical drill hits > 8 g/t gold • Strike
Slide 8: Paris mine historical drilling
paris mine historical drilling For personal use only • Two Parallel Shears and Probable Splays • Numerous Significant Drill Results > 8g/t AU • Intercepts up to 5.2m @ 14.2g/t gold Investor Presentation 8
Slide 9: Recent results at Observation
recent results at observation For personal use only Outstanding results from Torque’s first drilling results post IPO • Broad, high-grade gold intercepts from first phase drilling: ▪ 9m @ 11.5g/t gold from 63m (21ORC009) ▪ 6m @ 5.6g/t gold from 42m (21ORC003) ▪ 9m @ 4.0 g/t gold from 21m (21ORC008)
Slide 10: Observation plan view
observation plan view For personal use only Investor Presentation 10
Slide 11: Observation prospect future activities
observation prospect future activities For personal use only Recent results at Observation open up the Prospect and further increase the potential for scale at the Paris Project Investor Presentation 11
Slide 12: Assay results to continue
assay results to continue For personal use only Torque have only received a fraction of the results from their maiden drilling campaign at Paris Drilling Completed Status Observation (22 holes for 1,688m) Received Strauss (24 holes for 1,722m) Results Pending 9m @ 11.52g/t HHH South (11 holes for 80
Slide 13: Paris Project – initial objectives
paris project – initial objectives For personal use only Paris and Observation Strauss Marmaracs HHH mines prospect prospect prospect • RC drilling at Paris – HHH • Exploration AC / RC program • Exploration RC program • Second Order splay on test the scope and range – targeting near surface on Bould
Slide 14: Jindalee and SensOre joint ventures
jindalee and SensOre joint ventures For personal use only Expanding Paris Gold project footprint Jindalee • JV formed with Jindalee Resources • Torque to earn up to 80% in three Paris adjacent tenements by spending $200,000 over 3 years • Increases exposure to the highly prospective stratigraphy at
Slide 15: Bullfinch Project
bullfinch project For personal use only Over 15Moz past production and Resources in the Southern Cross Goldfields Map showing the position of Bullfinch tenements within the Southern Cross greenstone belt • Western Australia’s first major goldfield • Over 570 km2 of contiguous title • Known for high
Slide 16: Bullfinch – leading prospects
bullfinch – leading prospects For personal use only Withers: • >3 Kms of historical gold workings Rutherfords Find • Produced 1688ozs @ 35.7 g/t gold • Virtually No drilling Drill Intersections Reynolds: • 4 shallow historic RC holes (65m Max) • 3 holes hit commercial grades up to 4m @ 14g/t gold •
Slide 17: Exploration programme and timeline
exploration programme and timeline For personal use only Indicative Exploration Programme 2021 2022 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Paris Project Area Data Compilation/Desktop Review Reconnaissance Field Work Mapping/Sampling Geophysics Geochemical Sampling Air Core (AC) & Reverse Circulation (RC) Drilling
Slide 18: Board of directors and management
board of directors and management For personal use only Ian Finch Patrick Burke Tony Lofthouse Neil W. McKay Executive Chairman Non Executive Director Non-Executive Director CFO / Company Secretary Exploration and mining geologist with Extensive legal and corporate More than 43 years of working in t
Slide 19: Investment highlights
investment highlights For personal use only High grade Simple Under Experienced gold fields development explored board pathway Historical high grade Potential to Fast-track Torque’s ground A board with decades of production from the to development positions are relatively experience in exploration P
Slide 20: JORC 2012
JORC 2012 For personal use only JORC 2012 Mineral Resource Statement – April 2020 The Mineral Resource Estimates were prepared by Darryl Mapleson (the Competent Person) a director of BMGS Global Mining Geology Consultants (BMGS) on 9th April 2020 to take into account the mining activities of the ope
Slide 21: Competent persons statement – exploration
competent persons statement – exploration forward looking statements For personal use only Competent Persons Statement – Exploration Results The information in this announcement that relates to Exploration Results is based on information compiled by Mr Rohan Williams, who is a Member of the Australa
Slide 22: Contact information
For personal use only Contact information: Ian Finch 0414 270 248 ian@torquemetals.com torquemetals.com
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