Torque Metals Limited Launches Diamond Drilling at Paris Gold Project, Uncovering Extended 23.5 g/t Gold Zones with $144,500 EIS Grant Backing
Monday, July 28, 2025
at
8:40 am
Torque Metals Limited has commenced diamond drilling at the Paris Gold Project to extend high-grade gold mineralisation. The program, supported by a DEMIRS grant, aims to test promising DHEM targets and drive resource expansion, potentially unlocking significant upside for future discoveries.
Torque Metals Limited has initiated diamond drilling at its Paris Gold Project, building on promising results from earlier reverse circulation (RC) drilling. In one notable drill-hole (25PRC206), the RC rig hit a significant gold intercept – 12 meters averaging 12.49 g/t gold, including a particularly high-grade 5-meter section at 27.93 g/t gold – with the broader interval yielding 44 meters at 3.75 g/t gold, ending in mineralisation grading over 23.5 g/t gold. With the RC rig having reached its depth capability, the mobilised diamond rig will extend this hole to fully test the system at depth, while also collecting core samples for detailed petrophysical and metallurgical analysis.
The drilling program is guided by Down-hole Electromagnetics (DHEM) surveys, which have proven effective in pinpointing areas of high-grade mineralisation. DHEM modelling indicates that promising extensions lie at least 40 meters west of the initial drill hole, guided by a 100m x 50m conductor plate – the strongest conductor identified at the project to date. An innovative multilateral drilling approach will soon be implemented by installing a wedge in the extended hole, allowing the rig to target several high-confidence, DHEM-defined zones from a single drill collar. Complementing this strategy, Torque Metals Limited is leveraging a government-funded Exploration Incentive grant of $144,500 to further test two additional down-plunge conductors.
The Paris Gold Project, situated within a mineral-rich greenstone belt and already accounting for an estimated 250,000 ounces of gold at an average grade of 3.1 g/t, remains open in multiple directions. The project’s initial resource, covering a 2.5km strike within a broader 57km prospective corridor, reveals significant untapped potential, particularly with confirmed high-grade mineralisation extending 240 meters west of the current resource boundary and up to 180 meters of vertical untested potential.
The positive technical indicators, including strong drill intercepts and robust DHEM responses, enhance market sentiment. Bullish sentiment may be driven by the demonstrated ability of the company’s exploration methods to uncover high-grade zones, the potential for resource expansion with new drill targets, and the strategic deployment of co-funded grants to de-risk exploration costs. Conversely, bearish sentiment could stem from the inherent risks linked to early-stage exploration, the challenges of converting drill results into a sustainable mining operation, and the uncertainties of further resource delineation in an underexplored greenstone belt. Overall, investors might view these developments as a promising step forward for Torque Metals Limited, balanced against the exploratory risks typical in the mining sector.