Torq Resources Inc V.TORQ

Alternate Symbol(s): TRBMF

Metals & Mining Industrial Metals & Minerals

Torq Resources Inc. is a Canada-based copper and gold exploration company with a portfolio of holdings in Chile. The Company's projects include Santa Cecilia and Margarita. The Santa Cecilia mineral exploration project is a 3,250-hectare property located approximately 100 kilometers (kms) east of the city of Copiapo, Chile, in the southern region of the world-class Maricunga belt and immediately north of the El Indio belt. The belt is characterized by gold epithermal and gold-copper porphyry deposits. The Margarita Iron-Oxide-Copper-Gold (IOCG) project is comprised of approximately 1,445 hectares and is located in Chile, 65 kms north of the city of Copiapo with access to infrastructure. The property is located within the prolific Coastal Cordillera belt that hosts the world-class Candelaria (Lundin Mining Corp.) and Mantoverde (Mantos Copper Holding) IOCG mines, and porphyry-skarn deposits such as Santo Domingo (Capstone Mining Corp.) and Inca de Oro (PanAust/Codelco).

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Torq Resources Inc

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Comment by PeterPiperon Oct 16, 2008 12:38pm

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Post# 15529181

RE: Flat on $75 million contract?

Remember that we are sharing the $75 million with several other players. As others have stated our cut is more like $12 million over three years.

Not chump change at all, but please do not overstate the case. This does not help our cause.

Piper

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