Torque Metals Ltd. (AU:TOR) has released an update.
Torque Metals Ltd. has completed the acquisition of several promising gold and lithium tenements in Western Australia, significantly expanding its footprint in the Goldfields region to approximately 1,200 km². The deal, initially announced in May, includes strategic land near major existing projects and was finalized with the issuance of 5 million shares and a 2% net smelter return royalty to the vendor. Following this expansion, Torque is set to launch exploration activities, including mapping, sampling, and drilling to evaluate the potential of these new assets.
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