Torq Resources Inc. is pleased to announce that an affiliate of Gold Fields Ltd. has advised that it will be proceeding with the second stage of its USD$48 million earn-in option for Torq's Santa Cecilia project. The anticipated spend for this portion will be approximately USD$11 million and will cover all project costs with the bulk of it dedicated to diamond drilling at Santa Cecilia as well as USD$1 million property [...]
Torq Resources Inc. is pleased to announce that Torq CEO Shawn Wallace is scheduled to present at the Kinvestor Day 2025 Virtual Investor Conference on Thursday, October 23, 2025, at 9:00 AM PT / 12:00 PM ET. More details below. Kinvestor Day 2025 is a premier virtual conference showcasing innovative small and mid-cap public companies primarily within the mining and energy sectors. Moderated by Arlen Hansen, host of The [...]
Torq Resources is pleased to announce drill results from the Phase III diamond drilling campaign at its Santa Cecilia gold - copper porphyry project, located in the prolific Maricunga belt, in the Atacama region of Chile. The campaign consisted of five diamond drill holes, totalling 4,061.5 m. The Pircas Norte and Gemelos Norte targets are located within 1-2 kilometres of the Caspiche gold-copper deposit held by Norte [...]
Torq Resources Inc. announces it has elected to terminate the option to earn its interest in the Margarita Project, Chile due to financial constraints and the Company's increasing focus on the US$48M Earn-in Option granted to Gold Fields on the Santa Cecilia copper/gold project. The Company will continue to retain 100% interest in its La Cototuda concession which is surrounded by Margarita and which the Company believes [...]
Torq Resources Inc. is pleased to announce the successful completion of its inaugural drill program under the joint venture with Gold Fields at the Santa Cecilia project. All drill samples have been sent to the laboratory and the Company looks forward to sharing results once they become available. The program consisted of five holes totaling 4,062 metres, designed to test the previously undrilled Gemelos Norte target and [...]
Torq Resources Inc. is pleased to announce that, further to its March 24, 2025 news release, it has received regulatory approval for the extension of its Credit Facility for a further one-year period until July 11, 2026. The Credit Facility in the amount of $2.8 million is extended from July 11, 2025 to July 11, 2026. In consideration the lender will receive 46,666,667 share purchase warrants , with each Lender's Warrant [...]
Torq Resources Inc. is pleased to announce that it has engaged Kin Communications Inc. to assist with its investor relations activities. Kin Communications is a full-service investor relations agency with a deep understanding and record of accomplishment in the junior mining exploration and development sector. Kin works towards fostering long-term relationships with shareholders, investment professionals, newsletter [...]
Torq Resources Inc. is pleased to announce that, further to its March 24, 2025 news release, it has completed its previously announced private placement, by issuing 25,152,633 units of the Company at an offering price of $0.06 per Unit for gross proceeds of C$1,509,158 . Each Unit consists of one common share and a Share purchase warrant exercisable until June 6, 2027 to acquire a Share for C$0.12. The Warrants are [...]
Torq Resources Inc. is pleased to provide an update on its ongoing drilling program at Santa Cecilia. The Torq Goldfields JV has completed 4,062.5 meters drilled in 5 holes under favorable weather conditions, the originally planned drilling campaign was completed. The results are expected to be received and released from June onward. A Message from Shawn Wallace, CEO: "We are excited about this current phase of drilling [...]
Torq Resources Inc. announces that it is undertaking a non-brokered private placement of 33.33 million equity units of the Company at an offering price of CAD$0.06 per Unit for gross proceeds to the Company of $2 million . Each Unit will consist of one common share and one full common share purchase warrant . Each Warrant will entitle the holder to purchase one common share of the Company at a price of C$0.12 at any time [...]
Torq Resources Inc. is pleased to announce the commencement of drilling at its Santa Cecilia gold - copper project located in the world-class Maricunga belt in northern Chile, approximately 100 kilometres east of the city of Copiapo. The Santa Cecilia project is in the vicinity of the Norte Abierto project, held by Newmont and Barrick, which is comprised of the Caspiche and Cerro Casale gold - copper porphyry deposits [...]
Torq Resources Inc. is pleased to announce the finalization of the previously announced earn-in option and joint venture transaction involving the Company's Santa Cecilia project in Chile . The option and joint venture transaction is with an affiliate of Gold Fields Ltd. and by which Gold Fields has acquired a staged option to earn into up to a 75% indirect interest in the project by funding up to USD$48 million over a [...]