Torr Metals receives five-year drill permit at Kolos

Executive Summary

• Torr Metals Inc. obtained a five‑year multiyear, area‑based (MYAB) drill permit for its three highest‑priority copper‑gold porphyry targets (Kirby, Lodi, and Clapperton) within the 100 % owned Kolos project in British Columbia.
• The newly permitted zones host surface copper‑gold mineralization aligned with extensive ZTEM geophysical anomalies and high‑grade soil/outcrop assays, forming a ~7 km multicentred porphyry trend that remains untested by drilling.
• The permit clears the path for Torr’s inaugural drill program at Kirby, Lodi and Bertha (pending IP survey results), positioning the company to potentially supply proximal mill feed to nearby tier‑one copper mines.

Key Details

• Permit Scope: Five‑year MYAB drill permit covering Kirby, Lodi (copper‑gold) and Clapperton (copper‑silver‑molybdenum) targets within the 275 km² owned portion of the 332 km² Kolos project.
• Target Characteristics:
• Kirby: Moderate‑conductivity anomaly ~2,500 m strike; surface Cu up to 0.38 % and Au up to 1.07 g/t; soil Cu up to 1,175 ppm, Au up to 725 ppb.
• Lodi: Resistive anomaly ~1,850 m strike; similar geochemical signatures as Kirby.
• Clapperton: Copper‑silver‑molybdenum mineralization complementing the porphyry trend.
• Geophysical Alignment: Both Kirby and Lodi align with multikilometre ZTEM anomalies extending >1 km depth, indicating potential for large‑scale porphyry systems.
• Strategic Location: Project lies ~30 km from Highland Valley Copper (Canada’s largest open‑pit copper mine) and ~40 km south of Kamloops, within a highly productive copper belt.
• Upcoming Work: Awaiting results from an induced polarization (IP) survey at the Bertha property to assess its similarity to Kirby/Lodi targets before drilling commencement.
• Management Quote: Malcolm Dorsey (President & CEO) highlighted the permit as a “major milestone,” emphasizing the potential for a new discovery that could transform the regional exploration landscape and provide strategic mill feed.
• Qualified Person Review: Technical content reviewed and approved by Michael Dufresne, MSc, PGeol, PGeo, qualified under NI 43‑101.

Notable Quotes

“Securing this multiyear drill permit is a major milestone for Torr, clearing the way for our inaugural drill program at Kirby, Lodi and Bertha,” – Malcolm Dorsey, President & CEO.