TORQ RESOURCES INC - TRBMF STOCK NEWS

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Torq Resources Inc. (TRBMF) is a Vancouver-based copper and gold exploration company with premium mineral projects in Chile. The company focuses on new exploration in prominent mining belts with responsible and sustainable practices. Led by a successful management team, Torq has a specialized technical team known for working with major mining companies. The Santa Cecilia project marks a significant discovery milestone for Torq, showcasing large-scale porphyry targets and high-grade gold-copper mineralization. Recent drilling results from the Pircas Norte and Gemelos Norte targets demonstrate the potential scale and grade of the mineralized body, with mineralization remaining open in all directions. Torq plans to continue exploration to unlock the full potential of its properties and solidify its position as a key player in Chile's most prolific mining belts.

05/07/2024 07:00 AM

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Torq to Raise up to C$1.5 Million In Equity Financing

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Torq Resources Inc. is conducting a private placement to raise up to C$1.5 million through the sale of units, each consisting of one common share and one half of a common share purchase warrant. The proceeds will be used for general working capital, with insiders potentially participating in the offering. The closing is expected around May 30, 2024, subject to TSX-V approval.

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04/18/2024 07:00 AM

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Torq Drills New Discovery at the Pircas Norte Target at the Santa Cecilia Gold-Copper Project; 502 Metres of 0.36 g/t Gold, and 0.078% Copper

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Torq Resources Inc. announces a new gold-copper discovery at the Pircas Norte target at the Santa Cecilia project in Chile. The drill program intercepted 502 meters of 0.36 g/t gold and 0.078% copper, confirming significant porphyry mineralization. The results support the exploration thesis and potential extension of mineralization from the Caspiche deposit onto the Santa Cecilia property.

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03/28/2024 07:00 AM

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Torq Appoints Waldo Cuadra as Director

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Torq Resources Inc. appoints Waldo Cuadra, an industry veteran with over 40 years of experience, as a Director of the Company. The Company also makes changes to its Audit Committee, enhancing its leadership team for future projects.

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03/25/2024 09:00 AM

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Torq Implements Cash Preservation Measures, Announces Board and Management Changes

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Torq Resources Inc. (TRBMF) implements cash preservation measures, including a 50% pay cut for senior executives, deferral of salaries, and reduction of non-essential employees. Two directors resign, focusing on more advanced projects. The company aims to explore financing options while emphasizing value creation for shareholders.

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02/28/2024 07:40 PM

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Torq Engages Independent Trading Group as Market Maker

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Torq Resources Inc. has engaged Independent Trading Group for market-making services on the TSX Venture Exchange. ITG will receive CAD$6,000 per month for maintaining market liquidity. The agreement is for a minimum of one month, renewable monthly, with no performance factors or stock options involved.

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02/13/2024 07:00 AM

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Torq Commences Drilling at Santa Cecilia

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Torq Resources Inc. announces the commencement of drilling at Santa Cecilia gold-copper project in Chile, adjacent to major deposits. The CEO highlights the unique opportunity for exploration and potential mineralization. The drill program aims to test the Pircas Norte target with promising geological indicators. The company plans to drill approximately 1,500 meters over 2 months.

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01/18/2024 07:00 AM

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Torq Advancing Discoveries in 2024

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Torq Resources Inc. (TRBMF) announces key activities and achievements in 2023, including successful drill programs at flagship gold-copper project in Chile, Santa Cecilia, and advancing the Margarita iron-oxide-copper-gold project. The company raised $5.3M in financing, improved gold grade at Santa Cecilia by 81%, made multiple new discoveries at Margarita, and identified highly prospective targets for drilling in 2024. Strategic support from Gold Fields and analyst coverage from Red Cloud Securities and Beacon Securities. The company plans to announce the drill plan for Santa Cecilia and commence drilling in February, followed by the next phase of drilling at Margarita in the summer. Torq will be exhibiting at the Vancouver Resource Investment Conference on January 21-22.

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01/04/2024 05:00 PM

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Torq Raises C$5.3M in Concurrent Offerings

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Torq Resources Inc. (TSXV:TORQ)(OTCQX:TRBMF) completed a public and private offering of equity securities, issuing 23,206,860 units at a price of C$0.23 per unit, resulting in gross proceeds of C$5,337,577.80. Gold Fields Atacama Holdings Inc., a wholly owned affiliate of Gold Fields Limited, increased its ownership of Torq to 15.48% through a concurrent private placement. The company issued a total of 23,206,860 common shares, 23,206,860 investor warrants, and 1,084,814 agents compensation warrants. The proposed use of proceeds from these financings is for exploration at Torq's Santa Cecilia gold-copper project in Chile and for general corporate and working capital purposes.

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12/05/2023 07:30 PM

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Torq Trenches 34 Metres of 0.89 g/t Gold and 0.22% Copper in the Falla 13 Discovery Area at Margarita, Provides Financing and Corporate Updates

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Torq Resources Inc. (TORQ) Announces Positive Results from Trenching Program at Margarita IOCG Project in Chile

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11/08/2023 03:26 PM

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Torq Announces Marketed Best Efforts Public Offering

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Torq Resources Inc. (TSXV:TORQ) Announces 'Best Efforts' Public Offering of Units at C$0.25 per Unit, with Paradigm Capital Inc. and Red Cloud Securities Inc. as Co-Lead Agents and Joint Bookrunners

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FAQ

What is the current stock price of TORQ RESOURCES (TRBMF)?

The current stock price of TORQ RESOURCES (TRBMF) is $0.043 as of November 22, 2024.

What is the market cap of TORQ RESOURCES (TRBMF)?

The market cap of TORQ RESOURCES (TRBMF) is approximately 6.9M.

Where is Torq Resources Inc. based?

Torq Resources Inc. is based in Vancouver, Canada.

What is Torq's primary focus?

Torq focuses on copper and gold exploration in prominent mining belts with responsible and sustainable practices.

What recent milestone did Torq achieve?

Torq made a significant discovery at the Santa Cecilia project, showcasing large-scale porphyry targets and high-grade gold-copper mineralization.

What targets did Torq drill at recently?

Torq completed drilling at the Pircas Norte and Gemelos Norte targets, revealing significant gold and copper mineralization with further exploration potential.

What are Torq's plans for future exploration?

Torq plans to continue exploration efforts to unlock the full potential of its properties and solidify its position as a key player in Chile's mining industry.