Torque Metals Ltd. (AU:TOR) has released an update.
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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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