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Torque Metals Accelerates Paris Gold Exploration with EIS Grant

May 08, 2025

Torque Metals Limited (ASX: TOR) has secured an AU$144,500 Exploration Incentive Scheme (EIS) co-funding grant from the Western Australian Government to advance its Paris Gold Project. This funding supports a targeted diamond drilling campaign aimed at exploring high-grade gold extensions west of the current Mineral Resource Estimate. Leveraging recent Down Hole Electromagnetic (DHEM) survey data, Torque plans to drill two new holes—one targeting a promising 16.3m @ 7.95 g/t Au intercept and another investigating potential downdip extensions linked to intercepts of 15m @ 12 g/t Au and 15m @ 3.85 g/t Au. The Paris Project spans ~350km² and includes three deposits: Paris, HHH, and Observation, with a combined Mineral Resource Estimate of 250,000 ounces of gold. This initiative marks a strategic push to unlock deeper mineralisation potential in a geologically rich corridor near Kalgoorlie, reinforcing Torque’s long-term growth in WA’s mineral sector

 

 

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