Expanding in WA: Torque Metals’ new dawn

Torque Metals (ASX:TOR) has signed exclusive, binding and conditional option agreements to acquire 14 tenements, expanding its footprint in Western Australia’s Goldfields region. It includes the New Dawn Lithium Project, 600 metres along strike of Bald Hill, one of Australia’s only in-production lithium mines which has been the subject of recent bids from Glencore and Mineral Resources (ASX:MIN). The acquisition would see the company venture into ‘the critical minerals domain’ but, given the proximity to its Paris Gold Camp, Torque’s Managing Director Cristian Moreno says it’s a consolidation of tenure and the company won’t walk away from its gold assets.