Torque Metals (TOR) RRS Gather Round Conference presentation summary

Leadership and strategy

• New management team with proven track record in exploration and development, including key figures from Spartan Resources who led major discoveries and a $2.4B merger.

• Clear focus on systematic growth in high-grade ounces, targeting an MRE update by mid-2026.

• Aggressive resource growth strategy with emphasis on high-grade, shallow ounces.

• Board and management hold a 13% stake, aligning interests with shareholders.

Project overview and resource base

• 100% owned Paris Gold Project in Western Australia, located in a prolific mining district near infrastructure and processing plants.

• Current Mineral Resource Estimate (MRE) of 250,000oz at 3.1g/t Au, with mineralisation open along strike and at depth.

• Paris deposit features multiple parallel and stacked lodes, with strong continuity and several lodes remaining open for further growth.

• Additional deposits include HHH (73koz @ 2.0g/t Au) and Observation (25koz @ 2.8g/t Au), supporting a scalable multi-lode system.

Exploration results and growth potential

• Drilling has delivered wide, high-grade intercepts, including 35m @ 14.1g/t Au and 10m @ 46.6g/t Au.

• Down-hole EM surveys confirm conductive sulphide lodes, enabling efficient, targeted exploration.

• Only 2% of the 350km² district-scale tenure has been drilled, with 57km of prospective strike and multiple walk-up targets.

• Regional prospects such as Strauss, Maynards Dam, and Triumph East show strong anomalies and early high-grade results.