Torque Metals Ltd. · ASX:TOR
Torque Metals — Investor Presentation (January 2024)
29 slides from Torque Metals's investor presentation, Jan 10, 2024
Slide 1: Penzance Exploration Camp Corporate Presentation
ASX: TOR For personal use only Penzance Exploration Camp Corporate Presentation January 2024
Slide 2: Disclaimer
DISCLAIMER ASX: TOR IMPORTANT For personal use only Before continuing, please read the following This Presentation has been prepared by Torque Metals Limited (ACN 621 122 905) (“Torque or “the Reporting of mineral resources and reserves: This Presentation includes mineral resource information Compan
Slide 3: One of the best junior exploration companies in Australia
One of the best junior exploration companies in Australia For personal use only Capital Structure & Located in WA’s Dominant Regional Exploration Efficiency Experienced Board Premier Mineral Fields Position, Penzance Camp & Innovation Decades of experience in 12 Pre-Native Title development- Explori
Slide 4: Capital Structure
CAPITAL STRUCTURE ASX: TOR Share Price 3 Market Cap (Undiluted) Board of Directors $0.22 $28.9m Cristian Moreno Andrew Woskett For personal use only Managing Non-Executive Enterprise Value (Undiluted) Cash1 Debt1 Director Chairman $25.3m $3.56m Nil Tony Lofthouse Non-Executive Director Ordinary Shar
Slide 5: One of the best junior exploration companies in Australia
One of the best junior exploration companies in Australia For personal use only Capital Structure & Located in WA’s Dominant Regional Exploration Efficiency Experienced Board Premier Mineral Fields Position, Penzance Camp & Innovation Decades of experience in 12 Pre-Native Title development- Explori
Slide 6: Torque's Prime Location in Premier Mineral Fields of Western Australia
TORQUE’S PRIME LOCATION ASX: TOR IN PREMIER MINERAL FIELDS OF WESTERN AUSTRALIA For personal use only Granted Mining Tenements Prominent infrastructure Facilitate Pathway to Production • Large area of ~800km2 in the heart of Western Australia’s premier mineral fields • Close to infrastructure includ
Slide 7: One of the best junior exploration companies in Australia
One of the best junior exploration companies in Australia For personal use only Capital Structure & Located in WA’s Dominant Regional Exploration Efficiency Experienced Board Premier Mineral Fields Position, Penzance Camp & Innovation Decades of experience in 12 Pre-Native Title development- Explori
Slide 8: Penzance Exploration Camp
PENZANCE EXPLORATION CAMP ASX: TOR WA’S PREMIER LITHIUM – GOLD – NICKEL BELTS For personal use only New Dawn Lithium Project • 600m west of and abutting the operating Bald Hill Mine (26.5Mt @ 1% Li₂O MRE) • Lithium Project occupies two development-ready mining licenses and nine exploration licenses
Slide 9: For personal use only
For personal use only ASX: TOR
Slide 10: New Dawn Lithium Project
NEW DAWN LITHIUM PROJECT ASX: TOR Lithium Project occupies two For personal use only development-ready mining plus nine exploration licenses • New Dawn Project is an exciting new Lithium exploration asset, sited 600m west of Bald Hill high-grade Li - Ta mine • Exhibits strong geological similarities
Slide 11: New Dawn Lithium Project
NEW DAWN LITHIUM PROJECT ASX: TOR New Dawn Mining Licences For personal use only Abut Lithium Spodumene Mining Operations • Bald Hill mine capable of producing a high lithium (+6% Li₂O), low iron (<0.5% Fe) and low mica (<0.5%) concentrate and significant tantalum by- product¹ • Bald Hill total lith
Slide 12: New Dawn Lithium Project Inaugural Drilling Campaign
NEW DAWN LITHIUM PROJECT ASX: TOR Inaugural Drilling Campaign For personal use only • An initial drilling campaign of 19 RC and 2 diamond drill holes intersected high-grade lithium lodes, with a peak grade of 3.99% Li2O • 35 cumulative meters of lithium mineralised pegmatites were intersection in on
Slide 13: Assays Confirm High-Grade Spodumene Lithium at New Dawn
Assays Confirm High-Grade Spodumene Lithium at New Dawn ASX: TOR 35 meters (cumulative) of lithium mineralised pegmatites intersected in hole 23NDRC016 For personal use only ▪ 10m @ 1.51% Li2O, from 51m including 1m @ 3.99% Li2O, from 52m and: 15m @ 1.17% Li2O, from 220m including 7m @ 2.12% Li2O, f
Slide 14: Assays Confirm High-Grade Spodumene Lithium at New Dawn
Assays Confirm High-Grade Spodumene Lithium at New Dawn ASX: TOR 35 meters (cumulative) of lithium mineralised pegmatites intersected in hole 23NDRC016 For personal use only ▪ 10m @ 1.51% Li2O, from 51m including 1m @ 3.99% Li2O, from 52m and: 15m @ 1.17% Li2O, from 220m including 7m @ 2.12% Li2O, f
Slide 15: For personal use only
For personal use only ASX: TOR
Slide 16: Great Results
ASX: TOR 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) Refer to ASX Announcement dated 21 April 2023 – Drilling identifies multiple mineralised zones at Paris G
Slide 17: Great Results
ASX: TOR 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) Refer to ASX Announcement dated 21 April 2023 – Drilling identifies multiple mineralised zones at Paris Gold Prospect 17
Slide 18: Great Results
ASX: TOR 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) Refer to ASX Announcement dated 21 April 2023 – Drilling identifies multiple mineralised zones at Paris Gold Prospect 18
Slide 19: Great Results
ASX: TOR Great Results For personal use only 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 (22PRC040) Refer to ASX Announcement dated 21 April 2023 – Drilling identifies multiple mineralised zones at Paris Gold Prospect 19
Slide 20: Great Results
ASX: TOR Great Results For personal use only 27m @ 8.16 g/t Au from 156m including 6m @ 22.0 g/t Au from 159m (22PRC038) Refer to ASX Announcement dated 21 April 2023 – Drilling identifies multiple mineralised zones at Paris Gold Prospect 20
Slide 21: Great Results
ASX: TOR Great Results For personal use only 24m @ 10.7 g/t Au from 141m including 6m @ 34.6 g/t Au from 141m (21PRC025) Refer to ASX Announcement dated 21 April 2023 – Drilling identifies multiple mineralised zones at Paris Gold Prospect 21
Slide 22: Great Results
ASX: TOR Great Results For personal use only 10m @ 6.13 g/t Au from 123m including 2m @ 26.18 g/t Au from 129m (21PRC059) Refer to ASX Announcement dated 21 April 2023 – Drilling identifies multiple mineralised zones at Paris Gold Prospect 22
Slide 23: Great Results
ASX: TOR 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) Refer to ASX Announcement dated 21 April 2023 – Drilling identifies multiple mineralised zones at Paris Gold Prospect 23
Slide 24: Paris Gold Project
For personal use only PARIS GOLD PROJECT ASX: TOR Torque’s Paris gold project sits along strike of 70Moz of Gold Production • • Mt Marion lithium mine - Indicated and Inferred Pegmatite Mineral Resources of 51.4 Mt @ 1.45% Li2O reported at a 0.5% Li2O cut-off (Mineral Resources ASX release dated 7 O
Slide 25: Paris Gold Project
PARIS GOLD PROJECT ASX: TOR 2.5km open gold zone spanning Paris, HHH, Eva and Observation For personal use only prospects • Exceptional metallurgical testwork results1 for conventional cyanide leaching, as well as gravity processes with 40% of gold recovered through gravity concentration • Paris com
Slide 26: One of the best junior exploration companies in Australia
One of the best junior exploration companies in Australia For personal use only Capital Structure & Located in WA’s Dominant Regional Exploration Efficiency Experienced Board Premier Mineral Fields Position, Penzance Camp & Innovation Decades of experience in 12 Pre-Native Title development- Explori
Slide 27: Exploration Efficiency & Innovation
EXPLORATION EFFICIENCY & INNOVATION ASX: TOR Torque has incorporated For personal use only progressive machine learning to aid exploration at Lithium, Gold and Nickel Projects • Machine learning is the function of utilising computers to make accurate predictions through collected data. Torque’s cons
Slide 28: One of the best junior exploration companies in Australia
One of the best junior exploration companies in Australia For personal use only Capital Structure & Located in WA’s Dominant Regional Exploration Efficiency Experienced Board Premier Mineral Fields Position, Penzance Camp & Innovation Decades of experience in 12 Pre-Native Title development- Explori
Slide 29: Penzance Exploration Camp
ASX: TOR For personal use only Penzance Exploration Camp Corporate Presentation January 2024