Torque Metals (ASX:TOR) found high-grade gold mineralization during a recent drilling at its Paris gold project in Western Australia, according to a Monday Australian bourse filing.
The results were up to 15.5 meters at 12 grams per tonne grade of gold from 495 meters, including 8.5 meters at 20.8 g/t gold from 502 meters.
The company said reverse circulation and diamond drilling programs remain active across multiple high-priority gold targets and down-hole electromagnetic anomalies, with multilateral diamond drilling commenced targeting step-outs and conductors.
The company's shares fell 2% in recent Monday trade.