Torq Resources' (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) Recent Discovery Demonstrates Potential To Deliver a New, High-Grade Copper-Gold Deposit

All signs are pointing to another copper price rally.

Yes, copper prices have slumped recently due to recession fears.

But JP Morgan isn’t forecasting a recession. Globally or in China.

Instead, they see China’s GDP ramping up in the second half of 2022 and China’s copper demand rising 5% YoY.1

In turn, they expect copper to surge to around $10,000 a tonne this year.2

That’s a 37% jump over current prices.

Goldman Sachs expects copper to soar even higher. They recently warned that forecasts of copper hitting $15,000 per tonne may be CONSERVATIVE!3

That’s a spike of over 2x current prices.

But it isn’t just China that will make copper demand skyrocket.

According to S&P Global, demand from copper-intensive tech, like electric vehicles (EVs), charging stations, solar, wind, and batteries, is expected to nearly triple by 2035.4

Source: VisualCapitalist.com; Copper Alliance

That’s on top of all the other growing demand for traditional copper uses, from jewelry to healthcare, construction, and more.5

Another factor driving up copper prices is that copper production grades are on a decades-long, steep downward trend.

Industry giant BHP estimates that by 2030, declining grades will decrease the global copper mine supply by around 2 million tonnes.6 And that’s YEARLY!

Meanwhile, the rate and size of major copper discoveries over the past decade has dropped significantly.7

With demand surging and grades and discoveries shrinking, copper supply is expected to be in increasing deficits for decades to come.8

It all adds up to the perfect recipe for record-high copper prices in the near and long term.

It’s also the perfect market environment for exploration companies with the potential to deliver new, major high-grade copper discoveries.

This is exactly what Torq Resources Inc. (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) brings to the table.

High-Potential Holdings, Proven Team & Significant Discovery Drill Holes to Build From

Torq Resources is a Canadian-based copper and gold exploretion company with a rare level of quality.

With 3 premium holdings in prominent mining belts in the world’s top copper-producing country, Chile,9 it’s well-positioned to potentially deliver a world-class discovery.

Torq already scored an important brand-new copper-gold discovery at its Margarita project in May – 90 meters of 0.94% copper and 0.84 g/t gold10 – and the follow-up drill program is now underway.

Behind it all is Torq Resources’  (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) proven management team. They’ve monetized exploration successes before and know how to raise capital, even in difficult markets.

They also know how to leverage in-country expertise and deal-flow connections through their Chile-based technical team.

This group of in-country mining veterans has had their eyes on the projects Torq now holds for over 15 years. And they’re not the only ones – according to an analyst report by Beacon Securities, both Exeter Resources and Barrick Gold made large cash offerings for the Santa Cecilia project, which were rejected by the owner. The project is now the crown jewel in Torq’s portfolio.

Torq’s Chilean team, led by Waldo Cuadra, has a first-rate reputation in the country, having contributed to multiple globally significant discoveries throughout their careers… far beyond what’s expected in a junior miner.

Adding to the quality of Torq Resources is its loyal investor base that’s been providing stability over the last four years as the company has established its world-class portfolio.

That base includes key investments from industry-leading mining professionals and a high percentage of skin in the game (25%!) from management and directors.

With a C$5.28 million private placement recently completed11 and $4.7 million in their treasury as of March,12 the company is ready to advance its Chile projects in 2022.

With the markets being down, Torq Resources (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) has been largely overlooked despite their copper-gold discovery and the acquisition of their coveted Santa Cecilia project, all of which happened in the last several months.

This project is so appealing that former Newmont global structural geologist Michael Henrichsen (who now serves as Torq’s Chief Geological Officer) has called the asset “extremely rare.”

But that just means this junior miner is a grossly undervalued company, especially when you look at their drilling data along with all the geochemistry and geophysics pointing to large-scale targets, which represent a lot of upside potential.

Investors should keep a close watch on Torq Resources (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) as it ramps up 2022 exploration and starts spinning out greater news flow in the near term.

7 Reasons to Put More Research Towards Torq Resources (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF)

  1. Copper price & demand are set to surge.13
  2. Brand new copper-gold discovery at the Margarita project that the market hasn’t noticed yet.
  3. Flagship Santa Cecilia project with historical discoveries that have never been followed up on, directly adjacent to Newmont & Barrick’s JV, the Norte Abierto project, with proven & probable reserves of 23.3 million ounces gold & 5.8 billion pounds copper.14
  4. Strong Management team with a proven track record of monetizing exploration successes & raising capital, including CEO, Shawn Wallace, who brings over 30 years of experience and two large wins in exploration and former Newmont global structural geologist Michael Henrichsen.
  5. Integral Chile-based technical team led by Waldo Cuadra, a seasoned Chilean mining professional who brings more than 40 years of in-country experience and who has held senior management roles for Shell-Billiton, Noranda-Falconbridge, Placer Dome, Newgold and Goldcorp and has the local expertise and connections necessary for success.
  6. Upcoming news flow from aggressive 2022 exploration programs that are currently underway.
  7. Grossly undervalued due to terrible markets and Torq Resources’ (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) potential and recent successes flying under the radar.

Advancing World-Class Projects in the Top Producing Copper Country

Torq Resources (is very fortunate to have holdings in Chile. Especially holdings with minimal exploration that are located on world-renowned mining belts.

Chile combines the 3 things necessary to be a leading world-class mining region:

  1. Abundant proven resources
  2. Mining-friendly culture
  3. Top infrastructure & human capital

Abundant Proven Resources

Chile boasts 6 of the world’s largest copper deposits15 and 22% of global copper reserves.16

Chile is also the world’s top copper producer with 28% of global production17 and 8 of the largest copper miners operating in the country.18

Mining-Friendly Culture

Mining is embedded in Chile’s culture, including its investor-friendly concession model.19

As their own government puts it: “Chile is a mature, transparent and stable mining jurisdiction.”20

This means established mining laws and things like permitting move along quickly.

It also means local communities understand and welcome the benefits of working with mining companies.

Top Infrastructure & Human Capital

Chile is known for its highly technological mining sector, its specialized human capital, and world-class standards.21

As a top mining country and top copper producer, it’s no surprise Chile is also rich with mining investments.

The country’s mining investment forecast over the next 7 years is for over US$60 billion.22

In other words, Chile is the ideal setup for Torq Resources (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) to advance its portfolio of copper and gold focused projects.

Major Players & Projects in Chile

Torq Resources is in good company in Chile when it comes to the major mining players and their projects.

Anglo American has 3 copper mines in Chile including the open-pit Los Bronces copper and the large Collahuasi copper mine with one of the world’s largest copper reserves (est. 3.93 billion tonnes of ore grading 0.66% copper).23

The Escondida mine (BHP 57.5% / Rio Tinto 30%) is the world’s largest producer of copper concentrates and cathodes and accounts for several percentage points of Chile’s GDP.24

Barrick Gold’s Pascua-Lama project contains 21.3 million ounces of measured and indicated gold resources.25

But the most important to investors considering Torq Resources (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) is the Norte Abierto project, which is immediately adjacent and less than two kilometers away from Torq’s flagship Santa Cecilia gold-copper project.

Norte Abierto (50% Barrick Gold / 50% Newmont) is one of the world’s largest undeveloped gold and copper deposits26 with Proven & Probable reserves of 23.2 million ounces of gold and 5.8 billion pounds of copper.27

Having a world-class project like Norte Abierto and giant companies like Barrick and Newmont immediately adjacent to their flagship project could be a huge valuation booster for Torq Resources (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF).

To get a better idea of the growth potential of Torq Resources let’s look at how some mining companies are performing right now and how Torq compares.

When it comes to comparing assets, Torq Resources more than holds its own.

When you consider Torq Resources’ trio of potentially world-class projects, the company’s epic team and its serious track record, and its nearly $10 million bankroll, it comes at a discount price compared to its peers. That is, until the market catches on to its blue sky potential.

Proven Grower of Reserves & Resources

Before we look at Torq Resources’ (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) impressive projects, it’s important to highlight the caliber of the leader of their technical team.

Michael Henrichsen is Torq Resources’ Chief Geological Officer.

His strong history in the mining industry includes his time as the global structural geologist at the world’s largest gold mining company, Newmont.

During that time, Michael’s contributions significantly increased Newmont’s reserves and resource base.

He has also worked extensively at other major gold camps in South America, the Carlin Trend, Guinea and Canada.

Torq also has an impressive team in Chile, which is led by Waldo Cuadra, a seasoned Chilean mining professional who brings more than 40 years of in-country experience.

Cuadra has held senior management roles for Shell-Billiton, Noranda-Falconbridge, Placer Dome, Newgold and Goldcorp and has been a part of multiple globally significant discoveries in Chile.

That ability to advance mining projects and build shareholder value is helping to drive Torq Resources forward…and as we’ll see in a moment, there’s more where that came from.

Adjacent to One of the Largest Undeveloped Gold & Copper Deposits

Torq Resources’ (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) flagship gold-copper Santa Cecilia project is the type of extramely rare asset that other companies can only dream of:

  • Option to own a 100% interest
  • Located in the world-class Maricunga belt
  • Surrounded by multi-million-ounce gold and gold-copper deposits (Salares Norte, La Coipa, Cerro Maricunga, Marte, Lobo, La Pepa, El Volcan, Caspiche and Cerro Casale)
  • Immediately adjacent to Barrick/Newmont’s Norte Abierto project, one of the world’s largest undeveloped gold and copper deposits28

That proximity to Norte Abierto means there’s Proven & Probable reserves of 23.2 million ounces of gold and 5.8 billion pounds of copper right beside Torq’s property.29

Even more incredible is the limited amount of exploration performed on Santa Cecilia to date.

It’s like the project was frozen in time for 30 years.

That’s when a major international mining company drilled 47 holes (~14,000 meters) and made the first two discoveries on the property.

They drilled a clearly defined epithermal gold system as well as a high-grade gold and silver system. They hit grades that undoubtedly would have been pursued if they were drilled in this decade.

Historical Results from Santa Cecilia’s Cerro del Medio Target

Source: Torq Resources30

Historical Results from Santa Cecilia’s Vetas Condor Target

Source: Torq Resources31

But, with the average price of gold back in 1990 being a meager $383.73 per ounce32 – about 4.5x lower than today – the company stopped exploring.

Years later, in 2012, the private owner of the property tested his luck for a copper porphyry deposit, drilling two deep holes directly below the epithermal gold system, and discovered significant gold-copper porphyry mineralization at depth, including 925 meters of 0.45% copper equivalent.

When you combine the epithermal gold drilling near surface with the 925 meter hole directly below it, that’s over 1.5 km of vertical mineralization that has never been followed up on.

The property was held by a private owner for over 30 years…until Torq Resources (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) became the first junior exploration company to option it in October 2021.33

“In my years in the junior market, I have never come across something as significant as this before. It’s very rare for a junior exploration company to be in a position to acquire something of this magnitude.”

– Michael Henrichsen, Torq’s Chief Geological Officer34

Now Torq’s technical team plans to aggressively explore multiple undrilled opportunities to potentially define large-scale mineralized bodies.

Near-term exploration catalysts & news to watch for:

  • Obtaining community agreement
  • Surface programs to build on historical drilling and geophysical data to define drill targets
  • Exploration program to begin this year

Recent Brand-New Copper-Gold Discovery at Margarita Project

Torq Resources (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) has the option to own a 100% interest in another rare asset: their iron-oxide-copper-gold (IOCG) Margarita project.

This large (4.8 square miles) underexplored property has an ideal location:

  • In the prolific Coastal Cordillera belt, which hosts world-class IOCG mines, such as Candelaria (Lundin Mining) and Mantoverde, and porphyry-skarn deposits such as Santo Domingo and Inca de Oro, which is within 20 km (12.5 miles) of Torq’s Margarita project
  • Excellent access to infrastructure
  • 65 km/40 miles north of the city of Copiapo
  • No local communities to impact
  • Work is possible year-round

Remarkably, Torq Resources’ maiden 13-hole, 4,075-meter drill program in May discovered a new copper and gold sulphide system. It was drilled in the very last hole of the program, ‘lucky 13’.

The discovery intersected 90 meters of 0.94% copper and 0.84 g/t gold at a depth of 50-140 meters.35

To put that in perspective, many geologists go through their entire careers without making a single discovery, let alone one as significant as this…and on the project’s maiden drill program…on a project that had never been drilled before.

Torq’s findings represent the significant potential for Margarita to host a substantial mineralized body, which is BIG news in light of the world’s need for new, high-grade copper deposits.

“The Margarita project has the potential to be Chile’s next major IOCG discovery.”

– Waldo Cuadra, General Manager of Chile36

Following their discovery, Torq Resources (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) increased their land position at the Margarita project, acquiring another 200 hectares (494 acres).

Now the company has already started its follow-up 4,000-meter exploration program.37

This second phase of drilling has the potential to generate pivotal results for Torq Resources by providing a further understanding of the project’s strong mineralized system.38

Near-term exploration catalysts & news to watch for:

  • Drill results from phase II program, currently underway
  • Additional targeting for drilling

Andrea Project: Unrecognized Copper Porphyry Potential

Torq Resources (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) Andrea project  is their third large asset (4.6 sq miles) with an option to own a 100% interest.

This “dark horse” opportunity is located in the prolific El Indio belt, which hosts Barrick Gold’s world-class El Indio and Pascua Lama epithermal gold and silver deposits.

The belt is highly under-explored for copper porphyry systems yet offers excellent access to infrastructure (city of La Serena is 100 km/62 miles west of the project).

Torq Resources’ geological data on the project includes a shallow, untested chargeability anomaly that indicates a proposed drill target area for their upcoming exploration program.

The company’s theory behind this project is that it has an untested copper porphyry system on a historically epithermal belt, and they are ready to test it.

Near-term exploration catalysts & news to watch for:

  • Geological & alteration mapping
  • Rock sampling & 3D inversion of IP data to define drill targets
  • Advancing to drill stage

Experienced Leadership Team in Canada & Chile

Here are just a few of the members of Torq Resources’ (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) management and technical teams.

Shawn Wallace – Chief Executive Officer & Director

  • 30 years in the mining industry: exploration, project management, financing, M&A, corporate development
  • Built numerous high-quality mineral exploration, development and production companies
  • Co-founded Cayden Resources (acquired by Agnico Eagle Mines for $205 million)
  • Co-founded Keegan Resources, now Galiano Gold, a producing mining company

Michael Henrichsen – Chief Geological Officer

  • Structural geologist (P.Geo.)
  • Former global structural geologist at Newmont; significantly increased their reserves and resources base in Ghana
  • Worked extensively at other major gold camps in South America, the Carlin Trend, Guinea and Canada

Waldo Cuadra, General Manager, Chile

  • Over 40 years as a geologist and mining industry executive
  • Led multi-disciplinary teams in exploration, development, construction and production in Chile, Argentina and Peru
  • Held senior management roles for Shell-Billiton, Noranda-Falconbridge, Placer Dome, Newgold and Goldcorp
  • Played a key role in the acquisition and discovery of the La Fortuna (El Morro) copper-gold deposit (now part of the Teck-Newmont joint venture, Nueva Union)

7 Reasons Torq Resources (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) Could Be This Year’s Breakout Junior Copper-Gold Miner Stock

  1. Copper price & demand set to surge. JP Morgan expects a 37% price jump this year.39 Goldman Sachs says forecasts of a 2x spike may be conservative.40
  2. Brand new copper-gold discovery at the 1,245 hectare Margarita Iron-Oxide-Copper-Gold project that the market hasn’t noticed yet – 90 meters of 0.94% copper and 0.84 g/t gold41
  3. Flagship Santa Cecilia project with historical discoveries immediately adjacent to Newmont/Barrick’s Norte Abierto project, which means Proven & Probable reserves of 3 million ounces gold & 5.8 billion pounds copper right beside Torq’s property42
  4. Management team with a proven track record of monetizing exploration successes & raising capital, including former Newmont global structural geologist Michael Henrichsen whose contributions significantly increased Newmont’s reserves and resources base AND mining industry expert Shawn Wallace
  5. High Quality Chile-based technical team you’d normally only see in a major mining company, led by Waldo Cuadra
  6. Aggressive 2022 exploration program underway including second-phase follow-up drilling to the discovery at Torq’s Margarita project

It all adds up to a story you can’t afford to let slip off your radar.

With one drill program already underway and more exploration unfolding, Torq Resources (TSXV:TORQ) (OTCQX:TRBMF)(TSXV:TORQ) (OTCQX:TRBMF) could be announcing results in 2022 with serious impact on the market and their stock.

Don’t miss any of it. Do your due diligence. And make sure to click here to sign up for the company’s newsletter so you stay on top of Torq’s latest news and milestones.

1 https://www.mining-journal.com/copper-news/news/1435297/jp-morgan-sees-copper-price-rebound
2 https://www.mining-journal.com/copper-news/news/1435297/jp-morgan-sees-copper-price-rebound
3 https://intellinews.com/copper-prices-set-to-rise-as-supply-lags-247551/
4 https://www.prnewswire.com/news-releases/looming-copper-supply-shortfalls-present-a-challenge-to-achieving-net-zero-2050-goals-sp-global-study-finds-301586242.html
5 https://www.visualcapitalist.com/sp/copper-critical-today-tomorrow-and-forever/
6 https://www.argusmedia.com/en/news/2134947-grade-declines-resource-depletion-to-impact-cu-bhp
7 https://www.spglobal.com/marketintelligence/en/news-insights/research/copper-discoveries-declining-trend-continues
8 https://www.mining-journal.com/resourcestocks-company-profiles/resourcestocks/1422932/chile-the-worlds-most-prolific-copper-producing-country
9 https://www.trade.gov/country-commercial-guides/chile-mining
10 https://www.torqresources.com/news-media/news/2022/torq-makes-new-discovery-at-its-margarita-iron-oxide-copper-gold-project-90-metres-of-0.94-copper-and-0.84-g-t-gold/
11 https://www.torqresources.com/news-media/news/2022/torq-increases-and-closes-c-5.28-million-private-placement/
12 https://www.torqresources.com/investors/corporate-presentation/
13 https://capital.com/copper-price-forecast
14 https://norteabierto.com/nosotros/?lang=en
15 https://www.mining-journal.com/resourcestocks-company-profiles/resourcestocks/1422932/chile-the-worlds-most-prolific-copper-producing-country
16 https://investchile.gob.cl/key-industries/mining/
17 https://www.trade.gov/country-commercial-guides/chile-mining
18 https://www.mining-journal.com/resourcestocks-company-profiles/resourcestocks/1422932/chile-the-worlds-most-prolific-copper-producing-country
19 https://financialpost.com/pmn/business-pmn/chile-convention-rejects-mine-shakeup-in-boon-to-copper-projects
20 https://investchile.gob.cl/key-industries/mining/
21 https://investchile.gob.cl/key-industries/mining/
22 https://investchile.gob.cl/key-industries/mining/
23 https://www.angloamerican.com/products/copper
24 https://www.bhp.com/what-we-do/global-locations/chile/escondida
25 https://www.barrick.com/English/operations/exploration-and-projects/default.aspx
26 https://www.barrick.com/English/operations/exploration-and-projects/default.aspx
27 https://www.mining.com/web/chiles-supreme-court-orders-new-evaluation-of-norte-abierto-project/
28 https://www.barrick.com/English/operations/exploration-and-projects/default.aspx
29 https://www.mining.com/web/chiles-supreme-court-orders-new-evaluation-of-norte-abierto-project/
30 https://www.torqresources.com/investors/corporate-presentation/
31 https://www.torqresources.com/investors/corporate-presentation/
32 https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart
33 https://www.torqresources.com/news-media/news/2021/torq-options-santa-cecilia-gold-copper-project-in-maricunga-belt-in-chile/
34 https://nationalpost.com/sponsored/business-sponsored/torq-resources-new-gold-copper-project-a-game-changer-for-investors
35 https://www.torqresources.com/news-media/news/2022/torq-makes-new-discovery-at-its-margarita-iron-oxide-copper-gold-project-90-metres-of-0.94-copper-and-0.84-g-t-gold/
36 https://www.torqresources.com/news-media/news/2022/torq-makes-new-discovery-at-its-margarita-iron-oxide-copper-gold-project-90-metres-of-0.94-copper-and-0.84-g-t-gold/
37 https://www.torqresources.com/news-media/news/2022/torq-initiates-follow-up-drill-program-to-discovery-at-margarita-iron-oxide-copper-gold-project/
38 https://www.torqresources.com/news-media/news/2022/torq-initiates-follow-up-drill-program-to-discovery-at-margarita-iron-oxide-copper-gold-project/
39 https://www.mining-journal.com/copper-news/news/1435297/jp-morgan-sees-copper-price-rebound
40 https://intellinews.com/copper-prices-set-to-rise-as-supply-lags-247551/
41 https://www.torqresources.com/news-media/news/2022/torq-makes-new-discovery-at-its-margarita-iron-oxide-copper-gold-project-90-metres-of-0.94-copper-and-0.84-g-t-gold/
42 https://norteabierto.com/nosotros/?lang=en

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The Publisher does not own any shares of any profiled company TORQ and has no information concerning share ownership by others of in the profiled company TORQ. The Publisher cautions readers to beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you read the articles on this website and this has the potential to hurt share prices. Frequently companies profiled in such articles experience a large increase in volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases.

FORWARD LOOKING STATEMENTS.

This publication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. The Publisher notes that statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect the companies’ actual results of operations. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to TORQ industry; (b) market opportunity; (c) TORQ business plans and strategies; (d) services that TORQ intends to offer; (e) TORQ milestone projections and targets; (f) TORQ expectations regarding receipt of approval for regulatory applications; (g) TORQ intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) TORQ expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute TORQ business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) TORQ ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) TORQ ability to enter into contractual arrangements; (e) the accuracy of budgeted costs and expenditures; (f) TORQ ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption as a result of COVID-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of TORQ to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) TORQ operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as the COVID-19 pandemic may adversely impact TORQ business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing TORQ business operations (e) TORQ may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, the Website Host undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise.

INDEMNIFICATION/RELEASE OF LIABILITY.

By reading this communication, you acknowledge that you have read and understand this disclaimer, and further that to the greatest extent permitted under law, you release the Publisher, its affiliates, assigns and successors from any and all liability, damages, and injury from this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

INTELLECTUAL PROPERTY.

Think Ink Marketing is the Publisher’s trademark. All other trademarks used in this communication are the property of their respective trademark holders. The Publisher is not affiliated, connected, or associated with, and is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Publisher to any rights in any third-party trademarks.

IMPORTANT NOTICE AND DISCLAIMER

This website is owned and hosted by Market Tactic Media Ltd. Articles appearing on this website should be considered paid advertisements. Market Tactic Media Ltd. and its owners, managers, employees, and assigns (collectively “the Website Host”) is often paid by marketing companies to host websites on which articles profiling public companies are published. The Website Host has not been compensated by any of the profiled companies. The Website Host’s compensation for articles appearing on this website is as follows:

  • The Website Host has been paid approximately $500 per week while the advertisement campaign is active by Think Ink Marketing as compensation to host the article profiling Torq Resources.

SHARE OWNERSHIP

The Website Host does not own any shares of any profiled Torq Resources and has no information concerning share ownership by others of any profiled companies and The Website Host cautions readers to beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you read the articles on this website and this has the potential to hurt share prices. Frequently companies profiled in such articles experience a large increase in volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases.

NO SECURITIES OFFERED

The articles on this website are not, and should not be construed to be, offers to sell or solicitations of an offer to buy any security. Neither the articles on this website nor the Website Host purport to provide a complete analysis of any Torq Resources or its financial position. The Website Host is not, and does not purport to be, a broker-dealer or registered investment adviser. The articles on this website are not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the Torq Resources. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the profiled Torq Resources’s SEC and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk.

INDEMNIFICATION/RELEASE OF LIABILITY

By reading articles on this website, you acknowledge that you have read and understood this disclaimer, and further that to the greatest extent permitted under law, you release the Website Host, its affiliates, assigns and successors from any and all liability, damages, and injury from articles appearing on this website. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

LINKS TO THIRD PARTY WEBSITES

This website enables users to link to external websites not under the control of The Website Host. The Website Host has no control over the nature, content, and availability of those sites. The inclusion of any links is not intended as, and should not be construed as, a recommendation or endorsement of the content or views expressed on such external websites. The Website Host expressly disclaims any representation concerning the quality, safety, suitability, or reliability of any external websites and the content and materials contained in them. It is important for users to take necessary precautions, especially to ensure appropriate safety.

INTELLECTUAL PROPERTY

The Market Tactic is the Website Host’s trademark. All other trademarks used in this communication are the property of their respective trademark holders. The Website Host is not affiliated, connected, or associated with, and is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Website Host to any rights in any third-party trademarks.

FORWARD LOOKING INFORMATION

This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect expectations regarding Torq Resources future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Torq Resources industry; (b) market opportunity; (c) Torq Resources business plans and strategies; (d) services that Torq Resources intends to offer; (e) Torq Resources milestone projections and targets; (f) Torq Resources expectations regarding receipt of approval for regulatory applications; (g) Torq Resources intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Torq Resources expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Torq Resources business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Torq Resources ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Torq Resources ability to enter into contractual arrangements; (e) the accuracy of budgeted costs and expenditures; (f) Torq Resources ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption as a result of COVID-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Torq Resources to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Torq Resources operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as the COVID-19 pandemic may adversely impact Torq Resources business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Torq Resources business operations (e) Torq Resources may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, the Website Host undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise.

HISTORICAL INFORMATION

Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Torq Resources or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Torq Resources or such entities and are not necessarily indicative of future performance of Torq Resources or such entities.