Torque Metals Limited
TOR.AX
Australian Securities Exchange0.23
AUD
-0.02
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Torque Metals Limited
TOR.AX
(Australian Securities Exchange)
Recent
price
0.23
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Torque Metals Limited is an Australian mineral exploration company focused on the discovery and evaluation of high-value gold, lithium, nickel, and cobalt deposits. The company operates primarily in Western Australia, with a portfolio that includes its flagship Paris Gold Project located on the Boulder-Lefroy Fault near Kalgoorlie, covering approximately 1,200 square kilometers with 14 mining licenses, 3 prospecting licenses, and 50 exploration licenses. Its key assets also include the New Dawn Lithium Project, which is highly prospective for spodumene-bearing lithium, and the Penzance Nickel Project. Torque Metals applies advanced geoscience techniques combined with machine learning algorithms and geological interpretation to enhance its exploration efficiency. Founded in 2017 and headquartered in Perth, the company’s operations lie within a prolific mineral region renowned for gold and lithium production. Recent major developments include accelerating exploration and drilling programs at the Paris Gold Project, resulting in significant high-grade gold discoveries and extending known mineralized zones, reinforcing the potential for a large gold camp. In early 2025, Torque Metals completed a strategic merger with Aston Minerals Limited, enhancing its capital base and expanding its resource portfolio within Australia. The company continues to advance its lithium exploration at the New Dawn project, targeting spodumene mineralization amid growing demand for battery materials. These moves position Torque Metals as a well-funded and technologically advanced explorer in Western Australia's premier mineral fields, focused on both gold and critical battery metals exploration and development.