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Torq Resources TORQ.V · CAD

Materials · TSX Venture · 🇨🇦 Canada

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About Torq Resources

Its shares trade on TSX Venture under the ticker TORQ.V. It has been listed since 14 September 2011.

Torq Resources, Inc. is a mineral exploration company, which engages in the discovery and development of base metal projects in North America. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2011-09-14. Its projects include Santa Cecilia, Margarita and Andrea. The Santa Cecilia project is located approximately 100 kilometers (km) east of the city of Copiapo, Chile, in the southern region of the Maricunga belt and immediately north of the El Indio belt. The property covers over 3,250 hectares (ha) and is immediately adjacent to the Norte Abierto project. The Margarita Iron-Oxide-Copper-Gold (IOCG) project is situated in Chile, over 65 km north of the city of Copiapo. The Margarita project is comprised of approximately 1,245 ha. The Andrea copper porphyry project is situated in northern Chile, over 100 km east of the city of La Serena. The property is located at the western margin of the Miocene aged El Indio belt that hosts the El Indio and Pascua Lama epithermal gold and silver deposits. The Andrea project covers over 1,200 ha at elevations ranging from 3900-4900 meters.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
14 Sept 2011

Leadership

Pay as last reported

  • Mr. Shawn WallaceChairman of the Board, Chief Executive Officer, since 2011C$419,749
  • Mr. Oliver FoesteInterim Chief Financial Officer
  • Mr. Waldo CardenasGeneral Manager, Chile, since 2020C$262,487
  • Mr. Michael KosowanDirector, since 2017C$160,260
  • Ms. Marie-Helene TurgeonIndependent DirectorC$15,000
  • Ms. Ann Carolina VargasIndependent DirectorC$15,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Santa Cecilia project covers over 3,250 hectares in Chile's Maricunga belt.
  • Margarita IOCG project spans 1,245 hectares near Copiapo, Chile.
  • Andrea copper porphyry project spans 1,200 hectares at high elevations in Chile.

Weaknesses

  • Projects located in Chile's remote regions with high elevation challenges.
  • Santa Cecilia project adjacent to Norte Abierto project without clear development status.
  • Margarita project situated over 65 km north of Copiapo, Chile, with logistical challenges.

Opportunities

  • Development of Santa Cecilia project in the Maricunga belt for base metals.
  • Margarita IOCG project potential for copper-gold resources in Chile.
  • Andrea project's location near El Indio belt could leverage existing infrastructure.

Threats

  • High elevation at Andrea project (3900-4900 meters) poses operational risks.
  • Santa Cecilia project's proximity to Norte Abierto may lead to resource competition.
  • Margarita project's remote location over 65 km north of Copiapo increases costs.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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