Torq Resources


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

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$8.5M
Debt: CAD$2M


Major shareholders:
Gold Fields – 15.05%

Management Ownership – 14%

Map of Projects

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.

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

Aug 17 – Torq commences follow-up drilling to discovery at Margarita
Aug 2- Torq drills 557 m of 0.38 g/t gold, 0.23% copper and 56 ppm molybdenum at Santa Cecilia, substantially increasing grade
July 19 – Torq identifies mineralized surface porphyry targets adjacent to Caspiche deposit at Santa Cecilia
May 3 – Torq identifies new porphyry targets at Santa Cecilia
March 10 – Torq completes $6.26M financing
Feb 10 – Torq Obtains Receipt for Final Short Form Base Shelf Prospectus

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

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

Within the last three 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 and extended that discovery to identify an 800m mineralized structure. In addition, at its Santa Cecilia project, Torq acquired a community agreement that spans 7 years, drilled its first two holes, the second of which hit 80% gold grade than what had been drilled historically and the company is now gearing up for a 12,000m program. Torq’s Santa Cecilia project is its flagship, and what makes it most compelling is that it not only has historical discoveries on the property that were never systematically explored due to private ownership, but it is also immediately adjacent to the 4th largest undeveloped gold project in the world, Norte Abierto, which is owned by Newmont and Barrick. 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
-$15M at $1.00 strategic investment from Gold Fields