Torr Metals Signs Communications and Engagement Agreement with Tahltan Central Government

Vancouver, British Columbia–(Newsfile Corp. – January 5, 2022) – Torr Metals Inc. (TSXV: TMET) (“Torr” or the “Society“) is pleased to announce the signing of a Communications and Engagement Agreement with Tahltan Central Government (the “Agreement”) covering the Company’s 100% owned Latham Copper-Gold Project, located in an area accessible by road from the Golden Triangle, British Columbia, Canada.

The agreement provides direction to the parties for ongoing discussions and cooperation regarding Torr’s Latham Copper-Gold Project, as well as a framework for information sharing and open dialogue with transparent communication regarding Torr’s activities. in the territory of Tahltan.

Malcolm Dorsey, President and CEO of Torr, said, “We are delighted to have entered into this agreement with the Tahltan Nation at an early stage for Torr Metals and the Latham Copper-Gold Project. With the establishment of this important agreement, we are showing our commitment. to build a respectful and constructive relationship as we secure a common path forward with the launch of our Phase 1 exploration program.”

About the Latham Project

The ~538 km2 The Latham Copper-Gold Project is located on Highway 37 approximately 10 miles south of the regional airport and town of Dease Lake, British Columbia, in the prolific Golden Triangle and Tahltan Territory. . This region hosts a number of major copper-gold deposits, including the Red Chris mine and the Saddle North deposits located 40 km and 30 km to the south respectively, with the Schaft and Galore Creek deposits less than 140 km to the south. Where is. Highlights of the Latham Copper-Gold Project include:

  • Contains the Gnat Pass copper-porphyry deposit – Originally discovered with the Red Chris deposit during the 1960s porphyry rush in northern British Columbia. Initial data compilation shows that the Gnat Pass copper soil anomaly remains open to the north and has only been partially tested by historical drilling. In the area of ​​the historic deposit, drilling also suggests that copper mineralization remains open along strike, to the east and at depth,

  • Approximately 111 drill holes targeted the Gnat Pass deposit, with historic drill highlights in 2012 including 0.34% copper over 103 meters, 0.28% copper over 149 meters and 0.44% copper over 56 meters (see NI 43-101 Technical Report (August 24, 2021),

  • Excellent exploration potential with a 9 known surface mineral occurrences with characteristics of porphyry and epithermal systems supported by a robust historical dataset – a large part of the property also remains under-explored,

  • The gold potential of the property remains largely untested in drilling, with currently known rock grab samples grading up to 6.45 g/t gold (Au) and historical gold soil anomalies up to 309.10 ppb Au,

  • Accessible road located along paved Highway 37, close to provincial power grid and regional airport, and close to existing mines in a proven and profitable mining jurisdiction that sits in a highly prospective area of ​​the Golden Triangle. gold.

Qualified person

The technical content of this press release has been reviewed and approved by Michael Dufresne, M.Sc., P.Geol., P.Geo., a consultant to the Company who is a qualified person under National Instrument 43-101.

About Torr Metals

Torr Metals is a Vancouver-based mineral exploration company focused on defining and developing the significant exploration and resource potential of the approximately 538 km area.2 The Latham Copper-Gold Project, located in northern British Columbia, in the “Golden Triangle” part of a prolific arc of metal endowment known as the “Golden Horseshoe”. Year-round access is provided via Highway 37, with the project conveniently located 16 km south of the Dease Lake Regional Airport. For more details on the Latham Copper-Gold Project, please see the Company’s website or the current Geological Technical Report (August 24, 2021) filed on November 25, 2021 under the Company’s profile on SEDAR at www.sedar.com.

On behalf of the Board of Directors
Torr Metals Inc.

“Malcolm Dorsey”

Malcolm Dorsey
President, CEO and Director

For more information:
Malcolm Dorsey
Phone: 236-982-4300
Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Caution Regarding Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding the use of proceeds from financings recently completed by the Company and the Company’s future plans or prospects. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is planned”, “budget”, “expects”, “estimates”, “plans”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these words and expressions or states that certain actions, events or results “may”, “could”, “would”, “could” or “will be taken”, “will occur” or “will be carried out”. Forward-looking statements are necessarily based on a number of assumptions which, although considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that could cause actual results , actual performance or achievements materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be those anticipated, estimated or expected. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors that could materially affect such forward-looking information are described in the Company’s most recent annual MD&A risk factors, available on the Company’s profile on SEDAR at www.sedar.com. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/109077

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