Torque Metals Ltd. (AU:TOR) has released an update.
Torque Metals Limited has achieved considerable exploration success at their New Dawn Lithium Project near the Bald Hill mine, with drilling results showing high-grade lithium and laying the groundwork for an initial Mineral Resource Estimate. The company also completed the acquisition of a significant land package in the Western Australian Goldfields, and bolstered its financial position with a $4.25 million funding round. Torque’s strategic advancements, including the addition of a new Non-Executive Director with valuable experience, have positioned them favorably in the lithium market.
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