Torque Metals Defines 250,000oz Gold Resource at Paris with Multi-Rig Drilling
Torque Metals is advancing its Paris Gold Camp project in Western Australia, moving from exploration to development readiness with a 250,000-ounce gold resource and an aggressive drilling program.
- Mining leases granted, enabling fast-track regulatory approvals
- 250,000oz gold resource at 3.1g/t defined with potential for expansion
- Aggressive multi-rig drilling underway targeting resource growth
- Observation deposit prioritised as first potential production source
- Ongoing exploration across multiple high-potential targets
Advancing Toward Production
Torque Metals has taken significant strides in progressing its Paris Gold Camp project, located near Kalgoorlie in Western Australia. The company has commenced mining development and permitting activities, supported by pre-Native Title granted Mining Leases that provide a streamlined regulatory framework. This positions Torque well to transition from care and maintenance into active development, subject to regulatory approvals.
With a defined Mineral Resource Estimate (MRE) of 250,000 ounces of gold at an average grade of 3.1 grams per tonne, the Paris Gold Camp is emerging as a promising asset in a prolific gold district. The resource is supported by extensive drilling and geological data, with ongoing programs focused on converting recent high-grade extensions into JORC-compliant resources.
Focused Drilling and Resource Expansion
Torque is executing an aggressive drilling campaign backed by a $15 million capital raise, deploying multiple rigs to systematically define and extend mineralisation. The program targets the Paris deposit’s western extensions, supported by downhole electromagnetic surveys that have identified promising conductors beyond the current resource boundary. This approach aims to increase resource confidence and add ounces through both infill and step-out drilling.
Particular attention is being given to the Observation deposit, which hosts a 25,000-ounce resource at 2.8 g/t gold, with approximately 80% classified as indicated. Its shallow, high-grade mineralisation and granted mining tenure make it a prime candidate for early-stage development and potentially the first source of production within the camp.
Broader Exploration Potential
Beyond the core deposits, Torque is advancing exploration across several high-priority targets within the Paris Gold Camp, including Paris South, Strauss, and Maynards Dam. These areas exhibit strong geological and geophysical indicators, such as gold-in-soil anomalies and structural alignments along the Boulder-Lefroy Fault corridor, which is known for hosting significant gold mineralisation.
Historical drilling and sampling at these prospects have yielded encouraging results, but modern, systematic exploration techniques are now being applied to unlock their full potential. This camp-scale strategy balances resource growth with capital discipline, aiming to maximise value while managing risk.
Strategic Partnerships and Regulatory Engagement
Torque is actively engaging with the Department of Mines, Petroleum and Exploration (DMPE) to support its regulatory submissions and approvals process. Concurrently, the company is in advanced discussions with potential operating and toll-treatment partners, focusing on the shallow oxide mineralisation that could underpin near-term production scenarios.
These partnerships are critical to de-risking development pathways and optimising capital allocation, reflecting Torque’s disciplined approach to advancing the Paris Gold Camp from discovery to production readiness.
Bottom Line?
Torque Metals is setting the stage for a pivotal year at Paris Gold Camp, with resource growth and regulatory progress key to unlocking production potential.
Questions in the middle?
- How quickly can Torque secure final regulatory approvals to commence mining?
- What are the timelines and terms for potential toll-treatment or operating partnerships?
- To what extent will ongoing drilling expand the current 250,000oz resource base?
