Torque Metals (TOR) Resources Rising Stars Gold Coast Conference summary

Key project updates

• Project renamed to Ritz Gold Project, consolidating previous Paris-related names for clarity.

• Current mineral resource estimate stands at 351,000 oz at just over 3 g/t, with the Paris deposit contributing 253,000 oz at 3.8 g/t Au.

• Over 1,000 sq km of ground held, with 57 km of strike along a greenstone belt near Kalgoorlie, in a prolific mining district surrounded by major operations.

• Recent high-grade intercepts include 11 m at 456 g/t at HHH, 35 m at 14.1 g/t and 10 m at 46.6 g/t at Paris, and 2.7 m at 5.2 g/t at Observation.

• Resource updates planned every six months, with the next expected in Q1 next year.

Exploration and growth strategy

• RPM (Rapid Path to a Million) strategy aims to grow resources to 1 million ounces within a few years, targeting a 1.0Moz MRE at +2.0g/t Au within two years through systematic drilling and EM surveys.

• Over 70,000 m of drilling planned in the next 12 months, with 40% expanding existing resources and 60% targeting new discoveries across a 57 km corridor.

• Systematic step-out drilling underway at Paris, HHH, and Observation, with structural repeats and new zones being targeted.

• Heritage surveys and clearances are enabling expansion into new corridors like Strauss and Maynards, with initial RC drilling underway at Maynards Dam.

• Multi-commodity potential exists, including lithium, with non-core assets under review for value opportunities.

Operational highlights and future plans

• Board and management team comprises experienced professionals with a proven track record in gold exploration and development.

• Strong cash position of AUD 13.7 million and a market cap of $144 million as of September.

• RC and diamond rigs are active across multiple prospects, with ongoing news flow expected.

• Drilling is expanding beyond the initial 2.5 km focus area to the broader 57 km strike.

• Commitment to aggressive exploration, rapid learning, and regular resource updates to drive growth.