Northwire Canada EditionFriday, October 16, 2026
Northwire
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GOLD 4170.10 +1.5% SILVER 57.16 +2.3% COPPER 6.56 −1.5% OIL 97.97 +3.0% PALLADIUM 1136.00 +3.6% LUN 32.91 +0.6% DLP 0.290 −3.3% VCV 0.065 −13.3% GG 2.89 +1.4% NBLC 0.015 +0.0% SF 0.300 −4.8% ATY 0.215 +2.4% GHL 0.060 −7.7% STND 0.060 −7.7% B 0.550 −3.5% HBM 34.33 −0.5% NTR 98.77 −0.7% SGZ 0.035 +0.0% MKA 0.670 +0.0% LXM 0.175 −18.6% CLCH 1.08 −1.8% GOLD 4170.10 +1.5% SILVER 57.16 +2.3% COPPER 6.56 −1.5% OIL 97.97 +3.0% PALLADIUM 1136.00 +3.6% LUN 32.91 +0.6% DLP 0.290 −3.3% VCV 0.065 −13.3% GG 2.89 +1.4% NBLC 0.015 +0.0% SF 0.300 −4.8% ATY 0.215 +2.4% GHL 0.060 −7.7% STND 0.060 −7.7% B 0.550 −3.5% HBM 34.33 −0.5% NTR 98.77 −0.7% SGZ 0.035 +0.0% MKA 0.670 +0.0% LXM 0.175 −18.6% CLCH 1.08 −1.8%
Drill Results Routine +

Torr Metals Commences Fully Funded 6,000-Metre Drill Program Beginning at Bertha North, Following New Geophysical Targeting and 2.4% Copper Surface Sample Results

Torr begins a 6,000-metre drill campaign at Bertha North to test geophysical vectors for potential discovery.

Executive Summary
  • Torr Metals has commenced its fully funded Phase II 2026 exploration program, targeting up to 6,000 metres of drilling.
  • The initial focus is the Bertha North copper-gold porphyry target on the 332 km² Kolos Project in British Columbia.
  • Spring 2026 surface exploration returned rock grab samples up to 2.4% Cu and 9.4 g/t Ag, coincident with a strong magnetic-resistive geophysical signature.
  • An induced polarization (IP) survey identified a chargeability anomaly that broadens and strengthens at depth, supporting the interpretation of a near-surface porphyry centre with north-south intrusive continuity.
  • At least 1,500 metres of the 6,000-metre program will be dedicated to testing the Bertha North target.
  • The company's capital markets consulting agreement with Insight Capital Partners Inc. terminates on June 23, 2026, and will not be renewed.
Material Impact
  • The commencement of the 6,000-metre drill program is a direct execution of the fully funded Phase II program announced in January and October 2025.
  • The geophysical and geochemical updates (2.4% Cu surface samples, strengthening IP anomaly) are incremental confirmations of the geological model presented in prior updates.
  • The news is expected and aligns with the company's stated exploration schedule. It does not introduce new targets, unexpected financial terms, or strategic shifts.
  • The termination of the capital markets consulting agreement is a minor administrative update with no material financial impact.
  • Overall, the release represents routine progress in a pre-revenue exploration phase.
TMET · Price
Company Overview
  • Torr Metals Corp. is an exploration-stage company focused on copper-gold projects in British Columbia and gold projects in Ontario.
  • Flagship Project: Kolos Copper-Gold Project (332 km²) in the Quesnel Trough, BC. It hosts multiple undrilled porphyry targets, including Bertha, Bertha North, Sonic, Kirby, and Lodi.
  • Secondary Project: Filion Gold Project (~202 km²) in northern Ontario, featuring a ~60 km strike-length structural corridor with high-grade surface gold assays.
  • The company is in the exploration phase, with no production, reserves, or resources reported.
Read the original news release →

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