MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Looking to Address Global Copper Demand-Supply Imbalance

Torr Metals Inc. (TSX.V: TMET) is a Vancouver-based mineral exploration company focused on the identification, acquisition and advancement of mineral properties. With copper expected to play an increasingly important role in powering the world’s transition toward net-zero technologies, the surge in copper demand is expected to drive a necessary increase in supply, requiring an additional 9.7 million metric tons (“Mt”) production per annum by 2031. However, the copper supply is anticipated to remain in deficit by the beginning of the next decade with a forecast shortfall of 6.5 Mt from a projected deficit of 114,000 tons for 2023. “Torr Metals has sought to address this burgeoning supply-demand imbalance through its holding of over 1,000 square kilometers of gold and copper projects, spread across an array of premier low-cost mining jurisdictions, some of which have resulted in promising findings to date – the Kolos Project chief amongst these,” a recent article reads. “Torr Metals recently carried out the first-ever regional sampling program, totaling over 3,300 soil samples spread across a range of 48 square kilometers that has never been drill tested. The analysis unearthed the potential presence of five large zones with high levels of copper (ranging from 200 parts per million to as high as 1,175 ppm), suggestive of a substantial clustered copper porphyry deposit boasting strong geological similarities to nearby porphyry deposits.”

To view the full article, visit https://ibn.fm/6DAoj

About Torr Metals Inc.

Torr Metals is a Vancouver-based mineral exploration company focused on defining and developing the substantial exploration potential of the ~140 km2 Kolos Copper-Gold Project, located within the prolific Quesnel Terrane in Central British Columbia. Year-round access is provided by Highway 5, with the project being favorably located 23 km north of the city of Merritt and 286 km by highway from Vancouver, British Columbia. For further details about the Latham Copper-Gold Project, please refer to the company’s website or current geological technical report (Aug. 24, 2021) filed on Nov. 25, 2021, under the company’s profile on SEDAR at www.sedar.com.

NOTE TO INVESTORS: The latest news and updates relating to TMET are available in the company’s newsroom at https://ibn.fm/TMET

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
Los Angeles, CA
www.MiningNewsWire.com
310.299.1717 Office
Editor@MiningNewsWire.com

MiningNewsWire is powered by IBN

Lacey@MNW

Share
Published by
Lacey@MNW

Recent Posts

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Reports Positive Initial Metallurgical Results from Colombia’s Bolívar Region

ESGold (CSE: ESAU) (OTCQB: ESAUF) announced encouraging initial metallurgical results from Deister table tests on…

2 hours ago

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Featured in NetworkNewsAudio Segment “When the Dollar Blinks, Real Assets Take Center Stage”

ESGold (CSE: ESAU) (OTCQB: ESAUF) is featured in a NetworkNewsAudio release titled “When the Dollar…

4 days ago

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Featured in NetworkNewsWire Editorial Highlighting Gold Producers Positioned for Market Leadership 

  ESGold (CSE: ESAU) (OTCQB: ESAUF), a gold exploration and development company, announced its inclusion…

5 days ago

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Expands Santa Barbara Mineralization with Robust Step-Out Drill Results

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) a mineral exploration company, reported additional assay…

5 days ago

MiningNewsBreaks – Fairchild Gold Corp. (TSX-V: FAIR) to Acquire Golden Arrow Project in Nevada for US$5 Million

Fairchild Gold (TSX-V: FAIR) has signed a Memorandum of Understanding to acquire a 100% interest…

6 days ago

MiningNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Begins On-Site Validation at Planta Magdalena Project in Colombia

ESGold (CSE: ESAU) (OTCQB: ESAUF) announced that its geological and engineering team has arrived in…

6 days ago