Torr Metals(TSXV:TMET)

Torr Metals Inc.

Investor website: https://torrmetals.com/

About

Torr Metals Inc. is led by an experienced team of resource sector professionals who are bringing new perspectives to mineral exploration within the Golden Triangle region of northern British Columbia. The Company is focused on exploring the substantial potential of its 100% owned district-scale ~689 km2 Latham Copper-Gold Project, located within the same prolific geological trend that hosts the nearby Red Chris, Saddle North, Galore Creek, and Schaft Creek copper-gold porphyry deposits. The project is ideally situated along major provincial infrastructure including the Dease Lake airport 16 km to the north and Highway 37 transecting the eastern portion of the Latham Project, providing direct year-round access.

Verified company data

Cash position
~$3.7M Working Capital
Shares outstanding
83,824,953
Fully diluted shares
113,490,802
Projects
["## Kolos Copper-Gold Project\n\n**District-Scale Discovery Opportunity in the Quesnel Trough, British Columbia**\n\nThe 100%-owned Kolos Copper-Gold Project (~275 km²), together with the strategically optioned Bertha Property (57 km²), form a highly prospective 332 km² land package within the Quesnel Terrane. This prolific porphyry belt in southern British Columbia hosts several major copper ± gold deposits, including the nearby Highland Valley, New Afton, and Copper Mountain mines.\n\nThe Project is underlain by Nicola Group volcanic rocks intruded by coeval diorite to monzonite and younger granodiorite phases. Mineralization is structurally controlled along the north-trending Fanta Fault and associated northwest- and northeast-trending structures, which act as key conduits for hydrothermal fluids and intrusive emplacement.\n\nKolos benefits from excellent infrastructure, including direct access via Highway 5 and 97D and proximity to the city and local mining hub of Kamloops, enabling efficient, year-round exploration.\n\n**Disclaimer**\n\nThe Company notes that mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Kolos Project.\n\n### GEOLOGICAL SETTING\n\nThe Kolos Copper-Gold project is situated within the Quesnel Terrane, characterized by Late Triassic arc magmatism and associated porphyry copper-gold mineralization.\n\nKey lithologies include:\n\n- Nicola Group andesitic volcanics (flows, tuffs, breccias)\n- Diorite to quartz diorite intrusions interpreted as subvolcanic feeders\n- Jurassic granodiorite batholiths (Coast Intrusive Complex)\n\nThe Project is transected by the Fanta Fault, a major north-trending structure separating volcanic and intrusive domains. Secondary northwest- and northeast-trending structures provide key controls on:\n\n- Fluid flow and alteration\n- Sulphide deposition\n- Localization of mineralized zones\n\nAlteration assemblages include propylitic (epidote–chlorite ± carbonate), widespread phyllic (silica ± pyrite ± chalcopyrite), and localized potassic (biotite ± potassium feldspar) assemblages indicative of exposure levels consistent with the upper to transitional portions of porphyry systems.\n\n### BERTHA SYSTEM\n\n**Vectoring from Hydrothermal System to Porphyry Source**\n\nThe Bertha area represents a newly identified copper-bearing hydrothermal system with clear vectors toward a causative porphyry intrusion.\n\n**Hydrothermal System (Bertha)**\n\n- First Ever Phase I drilling (~2,700 m) completed in December 2025 intersected a vertically extensive hydrothermal native copper system to ~580 m depth\n- Native copper mineralization occurs along a moderate dipping picrite unit, interpreted as a structurally controlled geochemical (reducing) trap within a broader fluid pathway\n- Alteration characterized by chlorite–epidote ± carbonate ± silica, with increasing intensity and veining to the northwest and northeast\n\nGeological interpretation:\n\n- Native copper and low sulphide content suggests a distal to transitional environment along a northwest-striking leakage structure linked to an alkalic porphyry system\n- Structural preparation along the picrite unit facilitated fluid flow and metal deposition at key structural intersections\n\n**Source Target (Bertha North)**\n\n- Located immediately along-strike to the northwest at a higher structural level within the same system where the picrite contact steepens, providing improved prospective architecture\n- Large resistivity geophysical anomaly interpreted as a silica-altered intrusive body, a signature not yet tested in the Bertha area\n- Coincident moderate chargeability anomaly at depth suggests development of primary (hypogene) disseminated sulphides (chalcopyrite ± bornite)\n\n**Additional supporting vectors:**\n\n- 800 m x 500 m Cu-Au soil anomaly directly overlying the geophysical target\n- Position at intersection of northwest- and northeast-trending structures, enhancing permeability and focusing mineralization\n\n**Integrated Interpretation**\n\nThe Bertha hydrothermal system and Bertha North target are interpreted as part of a single mineralized system, where:\n\n- Bertha represents the distal expression of copper-bearing fluids\n- Bertha North represents a higher temperature zone proximal to the causative intrusive source\n\nOngoing work is focused on:\n\n- Step-out and deeper drilling to transition from native copper zones to sulphide-bearing hypogene mineralization\n- Geophysical refinement of chargeability and resistivity anomalies\n\n### DISTRICT-SCALE NORTHERN CORRIDOR\n\n**>10 km of Undrilled Porphyry and Epithermal Potential**\n\nA major northwest-southeast structural corridor extends over 10 km across the northern portion of the property.\n\n- Hosts multiple mineral occurrences and coincident geophysical anomalies\n- Geologically analogous to the Iron Mask Batholith and New Afton/Ajax systems\n- Spatial association with intrusive centres and alteration zones\n\nThe scale and continuity of this corridor suggest potential for multiple porphyry centres within a district-scale system.\n\n### SONIC TARGET\n\n**Large-Scale, Undrilled Porphyry System**\n\nThe Sonic target is defined by a broad, multi-centre geochemical anomaly and associated geophysical features.\n\n- ~8 km² copper-gold soil anomaly with values up to 4,510 ppm Cu and 420 ppb Au\n- Coincident with interpreted intrusive centres and structural intersections\n- Geochemical signature consistent with porphyry-related mineralization\n\n**Interpretation:**\n\n- Represents a fertile intrusive complex with potential for multiple mineralized centres\n- Comparable in scale and geological setting to the Ajax deposit ~30 km to the northeast\n\n### KIRBY–LODI TARGET\n\n**Large Hydrothermal System with Concealed Porphyry Potential**\n\nThe Kirby-Lodi area hosts a large, well-defined hydrothermal system with strong evidence for a concealed porphyry core.\n\n- 24.5 km² alteration footprint defined by magnetic, resistivity, and geochemical datasets\n- Magnetic destruction coincident with conductive core and resistive halo typical of porphyry alteration zonation\n\nGeochemical zonation indicates a complete porphyry system:\n\n- Core: Cu-Au (chalcopyrite ± bornite)\n- Inner shell: Mo-Bi-Te\n- Outer shell: Ag-Pb-Zn\n- Peripheral halo: As-Sb\n\nRock sampling supports mineralization:\n\n- Select rock grab samples up to 0.52% Cu and 4.24 g/t Au from intrusive-hosted mineralization in outcrop\n\nThese features are consistent with a leakage halo above a buried porphyry centre.\n\n### EXPLORATION UPSIDE & SUMMARY\n\nThe Kolos Project combines the key elements required for significant brand-new copper-gold porphyry discovery potential with existing provincial and mining infrastructure access:\n\n- **District-scale land package** in British Columbia’s premier copper-producing belt with assets owned by nine major mining companies\n- **Three defined cluster-style porphyry zones** (Bertha, Sonic, Kirby–Lodi) with <3,000 metres of drilling to date at Bertha\n- **Confirmed large-scale hydrothermal system** with clear vectors to potential source (Bertha → Bertha North)\n- **Multiple high-quality, undrilled targets** across a structurally controlled corridor\n- **Strong structural, geophysical, and geochemical vectors** supporting interpreted mineralized centres\n- **Geological analogues to nearby producing and past-producing deposits** (e.g., New Afton and Ajax-style systems)\n- **Excellent infrastructure and year-round access**\n- **Active geophysics and upcoming drilling in 2026** designed to rapidly advance targets\n\n**Disclaimer**\n\nInformation and comparisons disclosed is not necessarily indicative of precious or base metal endowment or assays on the Kolos Project.","## Latham Copper-Gold Project\n\nThe district-scale Latham Copper-Gold Project covers a district-scale 689 km2 within the prolific “Golden Triangle” region, a section of the “Golden Horseshoe” arc of gold and polymetallic mineralization within the highly prospective Stikine terrane rocks of northern British Columbia, Canada. This region is also host to a number of proximal major copper-gold porphyry deposits along-trend to the southwest including the Red Chris, Saddle North, Schaft Creek, and Galore Creek deposits.\n\nThe town and regional airport of Dease Lake is located approximately 16 kilometres (km) north of the property boundary along Highway 37, which transects the eastern portion of the property. The project is well situated within a north-northeast trending copper-gold porphyry trend that is highly attractive to major mining companies within a 40 km and 150 km radius to the south; including Newcrest Mining and Imperial Metals (Red Chris Project), Newmont Corporation (Saddle North, Galore Creek, Schaft Creek Projects), and Teck Resources in partnership with Newmont Corporation at Schaft Creek.\n\nLocated on the Latham project is the Gnat Pass deposit, the last developed prospect in the region not advanced since its discovery alongside Red Chris, Schaft Creek, and Galore Creek during British Columbia’s 1960’s porphyry rush. Although historical drilling showed that mineralization remained open along-strike and beyond 150 metres vertical depth, Gnat Pass was deemed too small for further development. However, the surface footprint is comparable to the recent discovery of the Saddle North deposit which was first drilled in 2017 and acquired by Newmont Corporation in 2021. As such, the Gnat Pass deposit provides both excellent growth potential as well as a model for future potential discoveries throughout the district-scale Latham property, which contains an additional 13 known mineral occurrences and 19 exploration targets at various stages of advancement.\n\n### Project History\n\nThe Latham property and surrounding area has an exploration history dating back to the Dease Lake gold rush in 1899, followed by concentrated exploration activity during the 1960’s that led to the delineation of the Gnat Pass copper-porphyry deposit and mineral occurrences at Dalvenie and Hu. Since 1960 there has been at least 14 operators that have conducted a significant amount of work on claims that now constitute the Latham property, including the first regional exploration from 2011 to 2013 that identified an additional 11 mineral occurrences.\n\n### Historic Drilling – Defining Multiple Copper-Gold Porphyry and Epithermal Systems\n\nThe majority of historical drilling on the property is dated to the 1960’s at the Gnat Pass deposit. In total the Gnat Pass deposit area has been tested by 111 drillholes, with the most recent 2012 drilling consisting of two drillholes within the main deposit. For the first time 2012 drilling extended mineralization from 150 metres to over 500 metres vertical depth, with the deposit remaining open to expansion in width, depth, and along-strike to the north. This suggests that there is significant potential to expand the deposit and establish a modern resource at the Gnat Pass deposit.\n\nHistorical drilling only tested the southern half of a copper-in-soil anomaly that remains open to the north at the Gnat Pass deposit. There are also two peripheral copper-in-soil anomalies that were never directly drill targeted, suggesting the potential for a larger porphyry cluster footprint to the Gnat Pass system.\n\nThe only historical drilling on the property outside of the Gnat Pass area targeted surface mineralization in 7 shallow drill holes from 1968 at the Dalvenie copper-gold occurrence, located ~8 km southwest of the Gnat Pass deposit. Results of the 1968 drill program were reported without known depths.\n\n### Stratigraphy\n\nThe Latham property is predominantly underlain by the Late Triassic Stuhini Group, consisting of submarine basaltic to andesitic volcanics, volcaniclastic, and sedimentary rocks. Sections of the property also contain exposures of Latest Triassic to Early Jurassic Hazelton Group composed of a diverse assemblage of bimodal basaltic to rhyolitic subaerial and submarine volcanic rocks with related sediments.\n\nIntruding the Stuhini and Hazelton Group host rocks is a series of Late Triassic to Early Jurassic syenite and diorite to quartz monzonite stocks and dikes that appear genetically related with mineralization at known mineral occurrences throughout the property. Regionally, significant porphyry and epithermal mineral deposits hosted within Stuhini and Hazelton Group host rocks are related to this age of intrusions and volcanogenic hydrothermal activity.\n\n### Structure\n\nHost structures for the Hu, Pallen, and Dalvenie mineralized trends were likely long-lived, as with a number of the significant porphyry and epithermal deposits within the region. Lying within the ~20 km long Dalvenie trend, the Gnat Pass copper-gold porphyry deposit is hosted within the composite Gnat Pass stock; consisting of multiple phases of structurally-controlled north and east-trending clustered porphyries that defines a pattern identified at multiple targets throughout the property.\n\n### Alteration and Mineralization\n\nSurface mineralization at a number of advanced occurrences, including the Gnat Pass deposit, is coincident with widespread carbonate-sericite alteration as well as localized silicification and advanced argillic alteration within host Stuhini volcanic rocks and Late Triassic to Early-Jurassic intrusions. Metal distribution and alteration zonation patterns include pyrite-chalcopyrite-galena-molybdenum in polymetallic veining and increased distribution of As-TI-Bi-Se-Te-Sb-Mo hydrothermal alteration assemblages. These alteration zones are also typically coincident with anomalous rock +/- trench results, moderate to high electromagnetic and magnetic anomalies, and large copper-in-soil anomalies. This would suggest that exposure on the Latham property is typically above or within the upper portion of the mineralized zone in a porphyry system, a conclusion supported by the intersection of mineralization in drill core from surface to over 500 metres vertical depth at the Gnat Pass deposit."]
Leadership
Management Team Information: Malcolm Dorsey, M.SC. P.GEO. President, CEO & Director Malcolm is a seasoned exploration geologist and project developer with +10 years experience across a broad range of early-stage through to resource projects in North, Central, and South America. He is also a co-founder of Torr Resources Corporation; a private project generator that holds royalties over 60,000 ha of low sulphidation epithermal gold, copper-gold porphyry, and orogenic gold projects across Canada. He holds an MSc in Geology and Geophysics from the University of Calgary that characterized district-scale structural influences on the concentration of copper and gold mineralization in western British Columbia and was previously Senior Geologist for Benchmark Metals. John Williamson, P.Geol Chairman & Director John is a mining executive and investor with more than 30 years of experience as a founder, promoter and leader in the formation, financing and operation of private and public companies with exploration and mining interests worldwide. On more than one occasion his team’s efforts have been recognized for excellence by being named to the TSX Venture50TM. He holds a B.Sc. in Geology and is a registered Professional Geologist (P.Geol.) with the Association of Professional Engineers and Geoscientists (APEGA) and the Geological Association of Canada. Taylor Niezen CFO Taylor is a partner and principal of Sprout Sourcing with expertise in financial, accounting, regulatory, compliance and management advisement to numerous issuers on the TSX Venture Exchange and other Canadian and U.S. exchanges. Taylor has extensive experience in the governance and reporting of private and publicly-listed exploration and mining companies and holds a Bachelor of Commerce from the University of Alberta. Board of Directors Information: Sean Mager, B.Comm. Director Sean has a Commerce degree from the Alberta School of Business and more than 25 years of experience as a mining executive and with a wide range of private and public enterprises and transactions. Since 1998, he has served as Founder, President, Vice-President, Director, Advisor, CEO, COO and/or CFO for numerous listed companies with mining ventures in North and South America, Africa, and Oceania. Gordon Maxwell, P. Geo - Director Director Gordon Maxwell is a highly distinguished B.Sc. Hon. geologist from the University of Manitoba with nearly four decades of experience across the global mining sector, holding significant leadership roles including exploration manager at Noranda Exploration and Xstrata as well as most recently business development at Glencore. His contributions to the Canadian mining industry have earned him prestigious accolades, including the David Barr Award from AME BC in 2012 and the PDAC Skookum Jim Award in 2019. He also serves on multiple PDAC committees in addition to the board while advising the Centre of Excellence for Sustainable Mining & Exploration (CESME). Advisors: Cameron Dorsey, M.Sc. Geologist Technical Advisor Cameron is an accomplished exploration geologist and co-founder of Torr Resources Corp., a private project generator in North America. He has managed and provided consultant services on a number of successful projects in world-class districts of North America. With expertise in both junior and major mining company realms he brings unique experience in developing district-scale projects from grassroots discovery through to resource. Cam holds an MSc on the tectonics, structure, and stratigraphy of northwest British Columbia; and is currently the VP of Exploration for Golden Sky Minerals Corp., which has several porphyry and epithermal gold properties across western Canada.

Verified data last updated: 2026-06-26

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