Northwire Canada EditionFriday, July 24, 2026
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AVX 0.005 −nan% AII 19.91 −1.0% GWM 0.480 +0.0% GEN 0.065 +0.0% NIO 0.135 −3.6% III 7.22 −2.8% NCAU 0.295 −3.3% NEV 0.040 +0.0% ITR 3.00 −1.6% ALDE 2.79 −0.7% TECK 84.18 +4.4% FVI 11.83 −2.2% SUM 1.31 −1.5% RSMX 0.115 +4.5% STW 0.105 +5.0% PAT 0.250 +0.0% AVX 0.005 −nan% AII 19.91 −1.0% GWM 0.480 +0.0% GEN 0.065 +0.0% NIO 0.135 −3.6% III 7.22 −2.8% NCAU 0.295 −3.3% NEV 0.040 +0.0% ITR 3.00 −1.6% ALDE 2.79 −0.7% TECK 84.18 +4.4% FVI 11.83 −2.2% SUM 1.31 −1.5% RSMX 0.115 +4.5% STW 0.105 +5.0% PAT 0.250 +0.0%

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Original News Release

Torq optionee to proceed with Santa Cecilia Stage 2

Torq Resources Inc. Oct 20, 2025 · 12:40 TORQ As distributed — unedited
Mr. Shawn Wallace reports TORQ ANNOUNCES THAT GOLD FIELDS HAS ELECTED TO PROCEED TO STAGE 2 OF SANTA CECILIA PROJECT OPTION USD$11 MILLION DRILLING PROGRAM TO START AT SANTA CECILIA An affiliate of Gold Fields Ltd. has advised that will be proceeding with the second stage of its $48-million (U.S.) earn-in option for Torq Resources Inc.'s Santa Cecilia project. The anticipated spend for this portion will be approximately $11-million (U.S.) and will cover all project costs, with the bulk of it dedicated to diamond drilling at Santa Cecilia as well as a $1-million (U.S.) property payment. Work is expected to commence in early to mid-November and will utilize two drill rigs. Preparations are under way, and, with the weather co-operating, the company expects to be able to maintain this timeline. Details of the program will be released closer to the commencement of the planned work. Shawn Wallace, chief executive officer of Torq, commented: "We are looking forward to resuming drilling at Santa Cecilia, where we have enjoyed the discovery of long intercepts of continuous gold and copper mineralization at three separate targets, with grades increasing with each phase of drilling (see Torq news release dated Aug. 20, 2025). We have only drilled 11 holes and are excited about the follow-up drilling of these holes, which being designed to vector towards the mineralizing intrusion as well as testing additional targets. The election by Gold Fields to continue its $48-million (U.S.) earn-in option to earn-in ensures this work is adequately financed, and, importantly, it will fund the next property payment due this month." Bryan Atkinson, PGeo, a consultant to Torq, is the qualified person who has reviewed the technical contents of this news release. About Torq Resources Inc. Torq is a Vancouver-based copper and gold exploration company with a portfolio of premium holdings in Chile. The company is establishing itself as a leader of new exploration in prominent mining belts, guided by responsible, respectful and sustainable practices. The company was built by a management team with prior success in monetizing exploration assets and its specialized technical team is recognized for its extensive experience working with major mining companies, supported by robust safety standards and technical proficiency. The technical team includes Chilean-based geologists with invaluable local expertise and a noteworthy record for major discovery in the country. Torq is committed to operating at the highest standards of applicable environmental, social and governance practices in the pursuit of a landmark discovery. We seek Safe Harbor.
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