Torq Resources Inc (TSE:TORQ) has released an update.
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Torq Resources Inc. has secured an interim loan of USD$1.81 million from Gold Fields to support its Santa Cecilia copper-gold project in Chile. This financial boost will facilitate exploration and development activities while Torq and Gold Fields negotiate a definitive agreement for a joint venture, allowing Gold Fields to earn a significant stake in the project.
For further insights into TSE:TORQ stock, check out TipRanks’ Stock Analysis page.
