News & Media
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Torque Metals will begin a fifth phase of drilling at its flagship Paris project near Kalgoorlie where it will target extensions of high-grade gold deposits at the company’s Paris, HHH and Observation prospects.
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Torque Metals Chief Executive Officer Cristian Moreno has been recognised for his efforts in the successful drill campaign at its flagship Paris gold project by being named the company’s new Managing Director.
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Torque Metals has extended the high-grade gold zone of its flagship Paris project by more than 900m after receiving the final results of its fourth phase of drilling at the site south-east of Kalgoorlie.
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Data analysis in addition to recent assay results have identified a potential opportunity for Torque Metals to link its historic Paris and HHH gold mines and increase its overall Paris gold project resource.
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Torque Metals’ (ASX:TOR) share price has jumped 15% in the first hour of trade to 22c as the company unveils more thick intersections of high-grade gold from its WA Paris project, to the southeast of Kalgoorlie.
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Few metals can match the historic significance of gold, the ultimate symbol of wealth and currency since the Ancient Egyptians first used it in international exchange in 1500BC.