Torr Metals Takes BC Government to Court Over Latham Exploration Permit Denial in BC's Golden Triangle
Torr Metals Takes BC Government to Court
Over Latham Exploration Permit Denial in BC's
Golden Triangle
Vancouver, British Columbia--(Newsfile Corp. - July 26, 2024) - Torr Metals Inc. (TSXV: TMET) ("
Torr"
or the "
Company
") has initiated judicial review proceedings in the BC Supreme Court, challenging the
denial of an exploration permit for the Company's Latham Copper Project (the "Project"), located in
northern BC's prolific "Golden Triangle."
Torr applied for its exploration permit in early 2022 following early engagement with the Tahltan Nation,
spending approximately 2.84 million dollars in exploration and community relations on the Project.
After
many months of further constructive discussions, and the signing of two separate agreements with the
Tahltan Nation, the Tahltan position suddenly changed and the permit was denied.
In its petition Torr alleges, among other things, that the government decision-maker failed to adhere to
relevant legal principles following consultation with the Tahltan Nation, allowing them to determine the
outcome, and did not undertake the balancing of interests that the Supreme Court of Canada requires.
"We did not want to end up in court but are profoundly concerned with how the permitting process is
currently operating in northern British Columbia," said Malcolm Dorsey, President and CEO. "It stands in
stark contrast to what we have experienced elsewhere in Canada, including our Filion Project in northern
Ontario, where we recently received our exploration permit."
Rich in critical minerals potential the Latham Project has a long history of exploration dating back to the
1890's that includes the discovery of the Gnat Pass copper porphyry deposit located adjacent to
Highway 37, recently slated for significant highway upgrades as part of a $195 million dollar investment
by the Province and Energy and Natural Resources Canada. The Latham permit denial came
unexpectedly after draft permit conditions had already been shared with the Company and at a time
when the need to supply critical minerals, such as copper, are increasingly in demand for clean energy
technologies and infrastructure development.
"The government of British Columbia frequently discusses the need for critical minerals, but its actions
don't align with its words," added Malcolm Dorsey. "It casts serious doubts on the stability and fairness
of the exploration landscape in the region if a company like ours, which has strictly followed all protocols
and made substantial accommodations for First Nations, can be denied without proper justification."
In June 2023 Torr also made an access request under the Freedom of Information and Protection of
Privacy Act.
The original 30-day legislative timeframe has been extended by the government three
separate times, and the materials are still being withheld some 400 days later.
Torr is represented by McMillan LLP. A copy of the petition is posted on the Torr website here
(
https://torrmetals.com/corporate/legal/
).
In order to pursue other interests Ewan Webster has also stepped down from his role as a director of the
Company, effective immediately. We thank him for his contributions and wish him all the best in his future
endeavors.
About Torr Metals
Torr Metals, based in Vancouver, British Columbia, is committed to advancing its 100% owned, district-
scale projects in highly accessible mining regions of Canada. Focused on critical minerals essential for
clean energy technologies, particularly copper, each project benefits from excellent existing
infrastructure, year-round drilling potential, and low-cost development opportunities. For more details,
please visit the company's website or view documents filed under the company's profile on SEDAR at
www.sedarplus.ca
.
On behalf of the Board of Directors
Torr Metals Inc.
"Malcolm Dorsey"
Malcolm Dorsey
President, CEO and Director
For further information:
Malcolm Dorsey
Telephone: 236-982-4300
Email:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this press release.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian
securities legislation. Forward-looking information includes, without limitation, statements regarding
the use of proceeds from the Company's recently completed financings, and the future plans or
prospects of the Company. Generally, forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or
variations of such words and phrases or state that certain actions, events or results "may", "could",
"would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are
necessarily based upon a number of assumptions that, while considered reasonable by management,
are inherently subject to business, market and economic risks, uncertainties and contingencies that
may cause actual results, performance or achievements to be materially different from those
expressed or implied by forward-looking statements. Although the Company has attempted to identify
important factors that could cause actual results to differ materially from those contained in forward-
looking information, there may be other factors that cause results not to be as anticipated, estimated
or intended. There can be no assurance that such information will prove to be accurate, as actual
results and future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking information. Other factors
which could materially affect such forward-looking information are described in the risk factors in the
Company's most recent annual management's discussion and analysis which is available on the
Company's profile on SEDAR at
www.sedarplus.ca
. The Company does not undertake to update any
forward-looking information, except in accordance with applicable securities laws.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/217914