Torr Metals receives five-year drill permit at Kolos

Mr. Malcolm Dorsey reports TORR METALS INC. SECURES DRILL PERMIT FOR THE KIRBY, LODI, AND CLAPPERTON TARGETS AT THE KOLOS COPPER-GOLD PROJECT Torr Metals Inc. has received a five-year multiyear, area-based (MYAB) drill permit covering two of the company's highest-priority copper-gold porphyry targets at Kirby and Lodi, as well as the copper-silver-molybdenum Clapperton target. These target zones are all located within the 100-per-cent-owned portion (275 square kilometres) of the highway-accessible 332-square-kilometre Kolos copper-gold project in south-central British Columbia. Highlights: Undrilled, kilometre-scale copper-gold porphyry targets: The Kirby and Lodi target zones host significant copper-gold mineralization at surface, aligned with multikilometre ZTEM geophysical anomalies that extend to depths of over one kilometre (km). Together with copper-silver-molybdenum mineralization at Clapperton these targets form a seven km long multicentred porphyry trend that remains completely untested by drilling. Strong geophysical-geochemical alignment with high-grade outcrop samples: At Kirby and Lodi moderately conductive and resistive geophysical anomalies extend 2,500 metres (m) and 1,850 m in strike length, respectively. These correlate with copper-in-soil values up to 1,175 ppm (parts per million) Cu and 725 ppb (parts per billion) Au (see March 25, 2024, news release), supported by rock grab sampling from coincident outcrop that also yielded up to 0.38 per cent copper (Cu) and 1.07 g/t gold (Au) within the Kirby target zone. "Securing this multiyear drill permit is a major milestone for Torr, clearing the way for our inaugural drill program at Kirby, Lodi and Bertha," stated Malcolm Dorsey, president and chief executive officer. "We are now awaiting imminent results from our induced polarization survey at Bertha, which will confirm if it shares the same large-scale geophysical-geochemical footprint as our other undrilled copper-gold porphyry targets. With all three zones now drill permitted and exhibiting strong mineralization at surface, Torr is ideally positioned in Canada's most productive copper belt, just over 30 kilometres from the Highland Valley Copper and New Afton mines, with the latter having an expected reserve life of only six more years. A new discovery at Kolos could not only transform the regional exploration landscape but also offer a potential strategic source of proximal mill feed to help sustain long-term copper production in this tier-one mining district." Qualified person The technical content of this news release has been reviewed and approved by Michael Dufresne, MSc, PGeol, PGeo, a consultant to the company who is a qualified person defined under National Instrument 43-101. About Torr Metals Inc. Torr Metals, headquartered in Edmonton, Alta., is focused on unlocking new copper and gold discovery potential within proven, highly accessible mining districts across Canada, areas with both established infrastructure and a growing need for near-term feed. Torr's 100-per-cent-owned, district-scale assets are strategically located for cost-effective, year-round exploration and development. The 275-square-kilometre Kolos copper-gold project and strategically option 57 square km Bertha property, situated in southern British Columbia's prolific Quesnel Terrane, lies just 30 km southeast of the Highland Valley copper mine, Canada's largest open-pit copper operation, and 40 km south of Kamloops directly along Highway 5. In Northern Ontario, the 261 square km Filion gold project covers a virtually unexplored greenstone belt with high-grade orogenic gold potential. It sits just off the Trans-Canada Highway 11, approximately 42 km from Kapuskasing and 202 km by road from the Timmins mining camp, home to world-class operations like Hollinger, McIntyre and Dome. We seek Safe Harbor.