Torque Metals Says Western Australia Gold Deposit Drilling Extends High-Grade Mineralization; Shares Fall Past 11%

MT Newswires Live12:55

Torque Metals (ASX:TOR) said ongoing in-fill and extensional drilling at the Paris gold deposit in Western Australia extended high-grade mineralization more than 60 meters beyond previous drilling, according to a Monday Australian bourse filing.

It encountered intercepts of 17.1 meters at 2.8 grams per tonne (g/t) grade of gold from 513 meters down-hole, as well as 5 meters at 4.5 g/t grade of gold from 206 meters.

Extensional drilling targeting down-hole electromagnetic conductors continued to intersect strong mineralization outside the mineral resource estimate envelope, the company said. An interim mineral resource estimate update for the project remains on track for the June quarter.

Torque Metals' shares fell past 11% in recent trading on Monday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2636049797?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-18 12:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2636049797","market":"sg","top_or_hot":-1,"title":"Torque Metals Says Western Australia Gold Deposit Drilling Extends High-Grade Mineralization; Shares Fall Past 11%","media":"MT Newswires Live","content":"<html><body><p> Torque Metals (ASX:TOR) said ongoing in-fill and extensional drilling at the Paris gold deposit in <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a> extended high-grade mineralization more than 60 meters beyond previous drilling, according to a Monday Australian bourse filing.</p><p>It encountered intercepts of 17.1 meters at 2.8 grams per tonne (g/t) grade of gold from 513 meters down-hole, as well as 5 meters at 4.5 g/t grade of gold from 206 meters.</p><p>Extensional drilling targeting down-hole electromagnetic conductors continued to intersect strong mineralization outside the mineral resource estimate envelope, the company said. An interim mineral resource estimate update for the project remains on track for the June quarter.</p><p>Torque Metals' shares fell past 11% in recent trading on Monday.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Torque Metals Says Western Australia Gold Deposit Drilling Extends High-Grade Mineralization; Shares Fall Past 11%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTorque Metals Says Western Australia Gold Deposit Drilling Extends High-Grade Mineralization; Shares Fall Past 11%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-05-18 12:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Torque Metals (ASX:TOR) said ongoing in-fill and extensional drilling at the Paris gold deposit in <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a> extended high-grade mineralization more than 60 meters beyond previous drilling, according to a Monday Australian bourse filing.</p><p>It encountered intercepts of 17.1 meters at 2.8 grams per tonne (g/t) grade of gold from 513 meters down-hole, as well as 5 meters at 4.5 g/t grade of gold from 206 meters.</p><p>Extensional drilling targeting down-hole electromagnetic conductors continued to intersect strong mineralization outside the mineral resource estimate envelope, the company said. An interim mineral resource estimate update for the project remains on track for the June quarter.</p><p>Torque Metals' shares fell past 11% in recent trading on Monday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IMLC.AU","symbol_name":"INV MUTUAL CONC AUS SHAR ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2636049797","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2636049797","pubTimestamp":1779080114,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Torque Metals  said ongoing in-fill and extensional drilling at the Paris gold deposit in Western Australia extended high-grade mineralization more than 60 meters beyond previous drilling, according to a Monday Australian bourse filing.It encountered intercepts of 17.1 meters at 2.8 grams per tonne (g/t) grade of gold from 513 meters down-hole, as well as 5 meters at 4.5 g/t grade of gold from 206 meters.Extensional drilling targeting down-hole electromagnetic conductors continued to intersect strong mineralization outside the mineral resource estimate envelope, the company said. An interim mineral resource estimate update for the project remains on track for the June quarter.Torque Metals' shares fell past 11% in recent trading on Monday.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IMLC.AU":"INV MUTUAL CONC AUS SHAR ETF","AAAU":"Goldman Sachs Physical Gold ETF","VAS.AU":"VANGUARD AUST SHARES IDX ETF","IIGF.AU":"Intelligent Investor Australian Equity Growth Fund (Managed Fund)","OUNZ":"VanEck Merk黄金股票基金","GLL":"2倍做空黄金ETF-ProShares","JNUG":"金矿指数二倍做多ETF","GDX":"黄金矿业ETF-VanEck","JDST":"金矿指数二倍做空ETF","SGOL":"Abrdn Gold ETF Trust","IAU":"黄金信托ETF-iShares","IISV.AU":"INTELL INV SELVAL SHR FD MF","EIGA.AU":"EINVEST INCOME GENERATOR FD","GIVE.AU":"PERPETUAL ESG AU SHR EQMF","GDXD":"MicroSectors Gold Miners -3x Inverse Leveraged ETN","STW.AU":"SPDR® S&P/ASX 200 ETF","GEAR.AU":"BETASHARES GEARED AUS EQTY F","GLDM":"SPDR Gold MiniShares Trust","QRE.AU":"BetaShares Australian Res Sect ETF","OZF.AU":"SPDR S&P/ASX 200 FINANCIALS","GDXJ":"小型黄金矿业ETF(Market Vectors)","XAO.AU":"标普/澳交所 普通股指数","IAUI":"NEOS Gold High Income ETF","OZR.AU":"SPDR S&P/ASX 200 RESOURCES F","GDXU":"MicroSectors Gold Miners 3x Leveraged ETN","BBOZ.AU":"BETASHARES AUSTRALIAN STRONG BEAR (HEDGE FUND)","DACE.AU":"DIMENSIONAL AUST CORE EQ","XJO.AU":"标普/澳交所 200指数","IAUM":"ISHARES GOLD TRUST MICRO","UGL":"2倍做多黄金ETF-ProShares","WRN":"西方铜金","PICK":"iShares MSCI Global Metals & Mining Producers ETF","IOZ.AU":"iShares Core S&P/ASX 200","GLTR":"abrdn Physical Precious Metals Basket Shares ETF","XKO.AU":"标普/澳交所 300指数","BTGD":"STKD Bitcoin & Gold ETF","E200.AU":"SPDR S&P/ASX 200 ESG FUND","SLF.AU":"SPDR S&P/ASX 200 LISTED PROP","XME":"金属与采矿指数ETF-SPDR","DGP":"二倍做多黄金ETN(PowerShares)","BEAR.AU":"BETASHARES AUS EQ BEAR HF","PHYS":"Sprott Physical Gold Trust","DUST":"二倍做空黄金矿业指数ETF-Direxion","ZYAU.AU":"Etfs S&p/asx 300 High Yield Plus Etf","FGDL":"FRANKLIN RESPONSIBLY SOURCED GOLD ETF","QFN.AU":"BetaShares Australian Fincls Sect ETF","TOR.AU":"TORQUE METALS LTD","DZZ":"德银黄金两倍做空ETN","VAP.AU":"VANGUARD AU PROP SEC IDX ETF"},"translate_title":"Torque Metals表示，西澳大利亚金矿钻探扩大了高品位矿化；股价下跌超过11%","themeId":"f6f7c9f6a0174df79daf9f1dfd21f836","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DUST":0.6,"FGDL":0.6,"XME":0.6,"DGP":0.6,"GEAR.AU":0.6,"BTGD":0.6,"GDX":0.6,"XAO.AU":1.5,"BEAR.AU":0.6,"DZZ":0.6,"EIGA.AU":0.6,"XJO.AU":1.5,"VAP.AU":0.6,"XKO.AU":1.5,"IAUM":0.6,"WRN":1.5,"PICK":1.5,"OZR.AU":0.6,"GIVE.AU":0.6,"GDXU":0.6,"E200.AU":0.6,"BBOZ.AU":0.6,"GLL":0.6,"QFN.AU":0.6,"PHYS":0.6,"JDST":0.6,"UGL":0.6,"IIGF.AU":0.6,"IISV.AU":0.6,"SGOL":0.6,"GLDM":0.6,"IAU":0.6,"IAUI":0.6,"GDXD":0.6,"DACE.AU":0.6,"QRE.AU":0.6,"AAAU":0.6,"IOZ.AU":0.6,"GLTR":0.6,"1OZmain":0.6,"OZF.AU":0.6,"STW.AU":0.6,"JNUG":0.6,"GDXJ":0.6,"OUNZ":0.6,"TOR.AU":1,"IMLC.AU":0.6,"VAS.AU":0.6,"ZYAU.AU":0.6,"SLF.AU":0.6},"content_text":"Torque Metals (ASX:TOR) said ongoing in-fill and extensional drilling at the Paris gold deposit in Western Australia extended high-grade mineralization more than 60 meters beyond previous drilling, according to a Monday Australian bourse filing.It encountered intercepts of 17.1 meters at 2.8 grams per tonne (g/t) grade of gold from 513 meters down-hole, as well as 5 meters at 4.5 g/t grade of gold from 206 meters.Extensional drilling targeting down-hole electromagnetic conductors continued to intersect strong mineralization outside the mineral resource estimate envelope, the company said. An interim mineral resource estimate update for the project remains on track for the June quarter.Torque Metals' shares fell past 11% in recent trading on Monday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2636049797","isCrawlerRequest":true}