Torque Metals (TOR) Corporate presentation summary

Investment highlights

• 250,000 oz gold resource at ~3.1 g/t Au, all on granted mining licences in Western Australia's Goldfields, with 98% of strike undrilled and mineralisation open in all directions.

• High-grade intercepts include 35m @ 14.1g/t Au, 27m @ 10.7g/t Au, and bonanza intervals such as 10m @ 46.6g/t Au, with multiple parallel lodes and significant upside potential.

• Outstanding metallurgy with up to 99.7% gold recovery via gravity and cyanide processing, supporting low-cost, scalable development.

• Downhole EM surveys have proven highly effective, rapidly identifying new gold lodes and guiding efficient drilling.

• Experienced management team with a track record in discovery, capital efficiency, and value creation.

Project overview and growth potential

• Paris Gold Project covers 350km² with 57km of strike along the Boulder-Lefroy corridor, less than 2% drilled, and multiple walk-up targets.

• Three main deposits (Paris, Observation, HHH) host shallow, high-grade, open-pit ounces, with lodes open along strike and at depth.

• EM-guided drilling has confirmed multiple conductors outside the current resource, indicating strong potential for resource expansion.

• Key prospects outside the current MRE include Strauss, Maynards Dam, Triumph East, Croesus, Musa, and Bellerophon, all showing strong gold anomalies.

• Infrastructure advantages include proximity to highways, rail, grid power, and third-party mills, enabling fast, low-capex processing routes.

Resource and exploration details

• Paris deposit features multiple parallel lodes (SE, NW, Western, Southern), with high-grade intercepts starting at surface and remaining within the top 200m.

• Observation deposit contains 25,000 oz @ 2.8g/t Au, with open-pit potential and fast ounce growth from shallow drilling.

• HHH deposit hosts 73,000 oz @ 2.0g/t Au, with all significant hits in the top 70m, enabling rapid, low-cost extraction.

• Metallurgical testwork confirms free-milling ore, high gravity recoveries, and low reagent consumption across all deposits.

• Downhole EM (DHEM) plates align with drilled gold lodes, providing a direct vector for future exploration and resource growth.