Torque Metals Ltd. · ASX:TOR
Torque Metals — RIU Sydney Resources Roundup Conference 2023
34 slides from Torque Metals's conference presentation, May 10, 2023
Slide 1: A New Era of Exploration
For personal use only A NEW ERA OF EXPLORATION RIU Sydney Resources Roundup Conference May 2023
Slide 2: Disclaimer
DISCLAIMER 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 Company”) solel
Slide 3: One of the best junior gold exploration companies in WA
One of the best junior gold exploration companies in WA For personal use only Capital Structure & Located in High Consistent Exploration Efficiency Experienced Board Grade WA Goldfields Gold Grade & Innovation Decades of experience in 9 Post Native Title Mining High grade results continue, with Effi
Slide 4: Capital Structure & Experienced Board
One of the best junior gold exploration companies in WA For personal use only Capital Structure & Experienced Board Decades of experience in exploration and driving value for shareholders 4
Slide 5: Corporate Snapshot
CORPORATE SNAPSHOT Share Price (01 May 23) Market Cap (Undiluted) $0.135 $12.9m For personal use only Cristian Moreno Patrick Burke Ian Finch Managing Non-Executive Non-Executive Director Chairman Director Enterprise Value (Undiluted) Cash1 Debt1 $10.4m $2.7m Nil Andrew Woskett Tony Lofthouse Non-Ex
Slide 6: One of the best junior gold exploration companies in WA
One of the best junior gold exploration companies in WA For personal use only Capital Structure & Located in High Experienced Board Grade WA Goldfields Decades of experience in 9 Post Native Title Mining exploration and driving value Licenses at the Paris Project for shareholders Several process pla
Slide 7: Torque has secured prime locations in two premier gold provinces
TORQUE HAS SECURED PRIME LOCATIONS IN TWO PREMIER GOLD PROVINCES For personal use only Flagship Paris Gold Project • On the Boulder-Lefroy Fault host to over 70Moz gold production • Contains 2 historic high-grade mines: Paris and HHH, where 43koz mined since 1989 at 7.9g/t Au (recovered) • 9 Granted
Slide 8: Paris Gold Project
For personal use only PARIS GOLD PROJECT Torque’s Flagship Paris Project sits along strike of 70Moz of Gold Production in World-Class Gold Mining Province On the richly endowed Boulder-Lefroy Fault with over 70 million ounces of gold produced from many large deposits References for Mineral Resources
Slide 9: Granted Mining Leases Enable Accelerated Timeline to Production
PARIS GOLD PROJECT Granted Mining Leases Enable For personal use only Accelerated Timeline to Production • Large area of ~200km2 in the Western Australian Gold Fields • Along strike to the south of highly successful St Ives Gold Mine • Close to infrastructure including ready access to Higginsville a
Slide 10: One of the best junior gold exploration companies in WA
One of the best junior gold exploration companies in WA For personal use only Capital Structure & Located in High Consistent Experienced Board Grade WA Goldfields Gold Grade Decades of experience in 9 Post Native Title Mining High grade results continue, with exploration and driving value Licenses a
Slide 11: Great Results
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 11
Slide 12: Great Results
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 12
Slide 13: Great Results
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 13
Slide 14: Great Results
Great Results For personal use only 17m @ 3.94 g/t Au from 110m (21PRC044) Refer to ASX Announcement dated 21 April 2023 – Drilling identifies multiple mineralised zones at Paris Gold Prospect 14
Slide 15: Great Results
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 15
Slide 16: Great Results
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 16
Slide 17: Great Results
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 17
Slide 18: Paris Gold Camp
For personal use only Paris Gold Camp 18
Slide 19: 2.5km Paris Gold Camp – Paris Project
2.5KM PARIS GOLD CAMP – PARIS PROJECT 6th phase of drilling For personal use only Exploring multiple mineralised zones at Paris gold camp The Paris gold camp hosts several attractive structures where significant zones of primary mineralisation have been identified Demonstrating potential to intersec
Slide 20: 2.5km Paris Gold Camp – Paris Prospect
For personal use only 2.5KM PARIS GOLD CAMP – PARIS PROSPECT Refer to ASX Announcement dated 29 September 2022 – Paris Gold Zone grows to ~900m in strike Refer to ASX announcement dated 2 Feb 2023 – Further high-grade gold intersections at Paris 20
Slide 21: 2.5km Paris Gold Camp – HHH/Caruso Prospect
For personal use only 2.5KM PARIS GOLD CAMP – HHH/CARUSO PROSPECT Outstanding assay results confirm mineralisation around HHH and between the historic pits Refer to ASX announcement dated 27 Jan 2022 – New Gold discovery at Paris project and ASX announcement dated 2 February 2023 “FURTHER HIGH-GRADE
Slide 22: 2.5km Paris Gold Camp – Observation Prospect
For personal use only 2.5KM PARIS GOLD CAMP – OBSERVATION PROSPECT High-grade Observation prospect discovered 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 ~120m vertical dep
Slide 23: 2.5km Paris Gold Camp
For personal use only 2.5KM PARIS GOLD CAMP Refer to ASX announcement dated 2 Feb 2023 – Further high-grade gold intersections at Paris 23
Slide 24: One of the best junior gold exploration companies in WA
One of the best junior gold exploration companies in WA For personal use only Capital Structure & Located in High Consistent Exploration Efficiency Experienced Board Grade WA Goldfields Gold Grade & Innovation Decades of experience in 9 Post Native Title Mining High grade results continue, with Effi
Slide 25: Exploration Expenditure
Exploration Expenditure For personal use only June 2022 @ 77% September 2022 @ 76% December 2022 @ 84% March 2023 @ 75% Refer to ASX announcement dated 26 April 2023, 30 January 2023, 28 October 2022, 29 July 2022 25
Slide 26: In-House Activities
In-House Activities For personal use only Database management system Geophysical inversions Petrographical characterisation Tenement management Machine learning/In-house software Geological model 26
Slide 27: One of the best junior gold exploration companies in WA
One of the best junior gold exploration companies in WA For personal use only Capital Structure & Located in High Consistent Exploration Efficiency Experienced Board Grade WA Goldfields Gold Grade & Innovation Decades of experience in 9 Post Native Title Mining High grade results continue, with Effi
Slide 28: Coming News
Coming News For personal use only Diamond drilling results RC drilling results Additional drilling campaign at Paris Ore characterisation 28
Slide 29: Corporate Snapshot
CORPORATE SNAPSHOT Share Price (01 May 23) Market Cap (Undiluted) $0.135 $12.9m For personal use only Cristian Moreno Patrick Burke Ian Finch Managing Non-Executive Non-Executive Director Chairman Director Enterprise Value (Undiluted) Cash1 Debt1 $10.4m $2.7m Nil Andrew Woskett Tony Lofthouse Non-Ex
Slide 30: Gold Price
GOLD PRICE For personal use only ~$3,001 AUD/oz 30
Slide 31: Contact Information
For personal use only CONTACT INFORMATION Cristian Moreno Managing Director 0410 280 809 cristian@torquemetals.com
Slide 32: Appendix
For personal use only APPENDIX
Slide 33: Bullfinch Project
For personal use only BULLFINCH PROJECT Over 15Moz past production in the Southern Cross Goldfields • Western Australia’s first major goldfield, known for high grade gold occurrences • Over 570 km2 of contiguous title • Over 200 prospects, high grade gold pits, shafts and mines • Very limited modern
Slide 34: References
REFERENCES References for Mineral Resources: For personal use only Paddington, Zijin Mining (Norton Gold Fields): Proven and Probable Ore Reserves 2017: 18.53Mt @ 1.86 g/t Au containing 1.11Moz Au. https://nortongoldfields.com.au/Paddington-mill/ Kanowna Belle, Northern Star: Total Mineral Resources
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