Torq Resources Inc. Strikes Gold and Copper at Santa Cecilia Project
In a significant development for the mining sector, Torq Resources Inc., a Vancouver-based company specializing in the mining and exploration of base metals, has announced promising drill results from its Santa Cecilia gold-copper porphyry project in Chile. The company, listed on the TSX Venture Exchange, has reported a third discovery at the project, marking a potential turning point in its exploration efforts.
On August 20, 2025, Torq Resources revealed that its Phase III diamond drilling campaign yielded impressive results. The campaign, which involved five diamond drill holes totaling 4,061.5 meters, focused on the Pircas Norte and Gemelos Norte targets. These targets are strategically located within 1 to 2 kilometers of the Caspiche gold-copper deposit, a significant deposit held by Norte Abierto (Newmont and Barrick), known for its substantial measured and indicated resources.
The highlight of the campaign was the discovery at the Gemelos Norte target, where three new drill holes confirmed a new copper-gold porphyry discovery. Notably, drill hole SC25-DDH-007 intersected 450 meters of 0.51 grams per tonne (g/t) gold and 0.155% copper within a broader zone of 652 meters grading 0.42 g/t gold and 0.134% copper. This discovery adds to the project’s potential, showcasing the richness of the Santa Cecilia project located in the prolific Maricunga belt of the Atacama region.
In addition to the Gemelos Norte discovery, step-out drilling at the Pircas Norte target extended mineralization at depth. Here, drilling reached 206 meters of 0.99 g/t gold and 0.109% copper within a larger zone of 266 meters grading 0.81 g/t gold and 0.097% copper. These results underscore the project’s potential and Torq Resources’ strategic exploration efforts.
Despite these promising results, Torq Resources faces financial challenges, as reflected in its recent stock performance. As of August 19, 2025, the company’s close price stood at 0.11 CAD, with a 52-week high of 0.14 CAD and a low of 0.05 CAD. The market capitalization was reported at 26,130,000 CAD, and the price-to-earnings ratio was -1.296, indicating the company’s current financial struggles.
However, the recent discoveries at the Santa Cecilia project could be a catalyst for future growth. The proximity to the Caspiche deposit and the potential for further exploration and development may attract investor interest and provide a much-needed boost to Torq Resources’ financial standing.
As Torq Resources continues to explore and develop its assets, the mining community and investors will be closely watching the progress at the Santa Cecilia project. The company’s ability to capitalize on these discoveries could pave the way for a brighter future in the metals and mining sector.