Paris Gold Project: 15 DHEM Plates Confirm Continuous High-Grade Gold Corridor

Exploration Breakthrough at Paris Gold Project

Torque Metals Limited (ASX – TOR) has announced a significant advancement in its exploration efforts at the Paris Gold Project, located in the Western Australian Goldfields. The company has identified and modelled 15 discrete down-hole electromagnetic (DHEM) conductor plates, many of which remain untested, that correlate strongly with high-grade, pyrrhotite-associated gold mineralisation. This discovery not only validates Torque’s geophysical targeting strategy but also highlights substantial potential for resource expansion beyond the current Mineral Resource Estimate (MRE).

Among these conductors, plates C9 and C13 stand out for their proximity to a recently intersected high-grade gold shoot in drill hole 25PRCDD206, which returned an impressive 15.5 metres at 12 grams per tonne (g/t) gold, including 8.5 metres at 20.8 g/t gold. These plates extend mineralisation at least 50 metres westward, suggesting the gold system is larger and more continuous than previously understood.

A Continuous Mineralised Corridor

The modelling of plates C1, C8, C9, C12, and C13 outlines a continuous mineralised corridor approximately 240 metres in length, open both vertically and along strike. Additional plates to the north (C10, C11) and south (C2, C14, C15) lie outside the current MRE boundary and remain untested, indicating promising targets for future drilling campaigns. This corridor is interpreted as a structurally controlled, sulphide-rich gold shoot dominated by pyrrhotite, a mineral known for its strong electromagnetic response, which has proven to be a reliable vector for high-grade gold mineralisation.

Metallurgical Confidence and Regional Upside

Complementing the exploration success, metallurgical testwork conducted in 2023 and 2024 confirms that gold from the Paris Project is free milling with high recoveries ranging from 90.9% to 99.7%. The tests support a conventional gravity plus carbon-in-leach (CIL) processing flowsheet with low reagent consumption, underpinning the project's economic viability.

Strategically positioned near established gold producers such as Westgold’s Beta Hunt and St Ives Goldfields, the Paris Gold Project covers a 57-kilometre largely underexplored greenstone belt. The current MRE encompasses 250,000 ounces of gold at an average grade of 3.1 g/t, but the discovery of multiple untested conductors suggests the potential for significant resource growth. Torque’s Managing Director, Cristian Moreno, described the identification of these conductor plates as a “transformative milestone” that confirms the presence of a much larger mineralised system.

Looking Ahead

Torque Metals plans to systematically apply DHEM surveys to all ongoing and future drillholes, aiming to refine targeting and test the untested conductors. This disciplined approach is expected to accelerate resource definition and unlock further value from the Paris Gold Project. With the mineralisation open in multiple directions and the regional exploration upside considerable, the company is well positioned to advance its flagship asset in a prolific gold region.