Torq Resources


Primary ticker: TSXV:TORQ, OTCQX:TRBMF
Stage of development: Exploration
Primary minerals: Copper, Gold
Project to promote: Margarita & Santa Cecilia
Project location: Chile

Corporate presentation: Click here

Torq Resources is establishing itself as a leader of new copper and gold exploration in prominent mining belts in Chile. The Company is guided by responsible, respectful and sustainable practices in its pursuit of a landmark discovery.


Cash: CAD$16M
Debt: CAD$2M


Major shareholders:
Gold Fields – 15.05%

Management Ownership – 20%

Management Profile

Shawn Wallace, Chief Executive Officer & Chair

Mr. Wallace has been involved in all aspects of the mining industry, from mineral exploration and project management, to financing, mergers & acquisitions and corporate development. Over the past 30 years, Mr. Wallace has been instrumental in building numerous high-quality mineral exploration, development and production companies, including co-founding Cayden Resources, which was acquired by Agnico Eagle Mines for $205M. Mr. Wallace is also Chair and Director of Coppernico Metals.


Michael Henrichsen, Chief Geological Officer

Mr. Henrichsen is a structural geologist and leads the Torq technical team. Previously, Mr. Henrichsen was the global structural geologist at Newmont, where his contributions significantly increased the reserves and resources base in the Ahafo district in Ghana. Mr. Henrichsen has also worked extensively at other major gold camps in South America, the Carlin Trend, Guinea and Canada.

What recent news would you like to highlight to investors attending?


Sept 15 – Torq secured a $15M strategic investment from Gold Fields

Sept 13 – Torq extends its IOCG discovery at Margarita to the north 190 m with 98 metres of 0.94 g/t gold and 0.68% copper

Sept 6 – Torq secures 7-year social access agreement for Santa Cecilia gold-copper project

May 2 – Torq makes new discovery at Margarita Iron-Oxide Copper-Gold project: 90 metres of 0.94% copper and 0.84 g/t gold


Oct 21 – Torq options Santa Cecilia gold-copper project in Maricunga belt in Chile

Oct 7 – Torq initiates first drill program at Margarita IOCG project

March 8 – Torq options Margarita IOCG project in Coastal Cordillera belt in Chile

What do you think makes your company such a compelling investment?

Within the last two years, Torq Resources assembled a team in Chile, leveraged their connections to acquire a portfolio of projects in some of the most prolific mining belts in the country, made a new discovery at the Margarita project, extended that discovery and acquired social access for its other project, Santa Cecilia, which it will be drilling next. Santa Cecilia has historical discoveries on the property that have not been touched in decades and Torq is the first junior exploration company that has gained access to explore it. Both the management team in Vancouver and the team on the ground in Chile have been part of monetizing exploration discoveries in the past. Torq’s management team has also demonstrated strength in raising capital, even in challenging markets.

What are the top 3 key investor takeaways?

– New discovery in Chile at Margarita

– Following up on historical discoveries at Santa Cecilia in Chile that have been frozen in time for the last 30 years

– Recent $15M strategic investment from Gold Fields