Torq Resources Inc. announced the first set of results from the recently completed phase II drill program at its Santa Cecilia project, located in the prolific Maricunga belt, in the Atacama region of Chile. The program consisted of approximately 1,500 metres (m) over three diamond drill holes; two located at the Pircas Norte target and one at the Gemelos Norte target. Drill hole 24SC-DDH-003 intercepted 0.36 g/t gold (Au) and 0.078% copper (Cu) over 502 m from 98 m down hole, including a higher-grade interval of 0.69 g/t Au and 0.10% Cu over 20 m from 354 m down hole at Pircas Norte (Table 1).

The drill hole ended in mineralized intrusive diorite breccia due to logistical limitations and the reported intercept remains open. These results represent a new discovery of significant gold-copper porphyry mineralization and confirm the Company's exploration thesis for the broader Santa Cecilia project. Results from drill holes 24SC-DDH004 and 24SC-DDH005 are expected in the coming weeks.

Detailed Discussion: The Santa Cecilia project is host to a 10 square kilometre (km) hydrothermal alteration footprint which contains a cluster of Au-Cu porphyry targets. The identified Au-Cu porphyry targets are mineralized either on surface or at shallow depths across approximately 4 km of strike length with very limited to no drilling completed, providing the Company with the opportunity to discover large-scale porphyry-style mineralization at or near surface through drilling. Norte Abierto's Caspiche porphyry gold-copper deposit, which is held in a 50/50 joint venture by Newmont and Barrick is hosted within the same broad hydrothermal alteration footprint that extends onto Santa Cecilia.

Of the three drill holes completed in the phase II drill program, two were located at the Pircas Norte target and consisted of approximately 600 m (24SC-DDH-003) and 496 m (24SC-DDH-005), respectively, and 404 m (24SC-DDH-004) was drilled at the Gemelos Norte target. The Pircas Norte and Gemelos Norte targets are located within 1 - 2 km of the Caspiche deposit. Pircas Norte has the largest footprint of observed porphyry mineralization at Santa Cecilia, measuring approximately 300 m x 400 m. Most of the Pircas Norte area is covered by colluvium, however selective rock samples have returned values between 0.35 g/t Au and 1.43 g/t Au, 0.09% Cu and 0.47% Cu, and irregular anomalies of up to 4 ppm Mo.

The absence of epithermal indicators in the overburden suggests that Pircas Norte could host a shallow porphyry system which may be easier to access. In the southern region of Pircas Norte, the porphyry zone is in fault contact with the 600 m in diameter Pircas dacite dome system.