Torq Provides Santa Cecilia Project Update
TSX.V: TORQ | OTCQB: TRBMF 1400 - 1199 West Hastings Street, Vancouver, BC, Canada V6E 3T5
Torq Provides Santa Cecilia Project Update
Vancouver, British Columbia, Canada – February 27, 2026 – Torq Resources Inc. (TSX -V: TORQ,
OTCQB: TRBMF) (“Torq” or the “Company”) announces that it, together with Gold Fields Pedernales
Limitada, (“ Gold Fields”) , a Chilean affiliate of Gold Fields Limited is advancing the planning and
preparation for a 2026 drill program to commence in Chilean springtime (late summer in North America).
Gold Fields has an option to earn into the Santa Cecilia project by funding a USD$48 million exploration
option for a 75% indirect interest (10% earned to -date). Gold Fields is also a principal shareholder of
Torq.
An approximately USD$11 million program, to be 100% funded by Gold Fields, is intended to target and
further evaluate prospective areas, specifically Pircas Norte and Gemelos Norte, as well as other new
areas with evidence of wide continuous Au-Cu mineralization.
In the last drill program , the Santa Cecilia JV completed five drill holes at Gemelos Norte confirming a
new copper-gold porphyry discovery including 450 m of 0.51 g/t gold and 0.155%copper. Step-out drilling
at Pircas Norte extended mineralization at depth returning 206 m of 0.99 g/t gold and 0.109 %Cu within
266 m of 0.81 g/t Au and 0.097%Cu.
Previous highlights from Torq’s inaugural drill program include 557 m of 0.38 g/t gold, 0.23% copper and
56 ppm molybdenum in wall rock at a depth of 442 m – 999 m. This intercept bottomed in grade and
represented an 81% increase in gold grade relative to historical drilling, indicating potential vectoring
toward the higher-grade causative intrusion.
The Company looks forward to testing the extent of the discoveries and evaluating additional highly
prospective targets.
This program was originally planned for early 2026 but has been delayed to later in the year for several
reasons including the on -site death in November of an employee of a catering contractor who passed
away at the exploration camp during off-duty hours. A preliminary review by Chilean authorities has ruled
that the fatality was due to natural causes however governmental and potential civil suit investigations
are ongoing . The Company maintains high standards of safety for its employees and requires its
contractors to do the same. Neither investigation is expected to lead to legal proceedings which would
have material adverse financial consequences to Torq.
Shawn Wallace, CEO of Torq, commented: “We have extended our sincere condolences to the family of
the individual who passed away at site. The safety and well-being of all personnel and other stakeholders
remains our highest priority. While drilling has been deferred, we remain committed to advancing Santa
Cecilia responsibly and in alignment with all regulatory and community expectations. We appreciate the
continued support of the local community and look forward to involving them in our plans as we move
forward.”
TSX.V: TORQ | OTCQB: TRBMF 1400 - 1199 West Hastings Street, Vancouver, BC, Canada V6E 3T5
Bryan Atkinson , P Geo. a consultant to Torq , is the qualified person who has reviewed the technical
contents of this news release.
ON BEHALF OF THE BOARD,
Shawn Wallace
CEO & Chair
For further information on Torq Resources, please visit www.torqresources.com or contact the
company at (778) 729-0500 or [email protected].
About Torq Resources
Torq is a Vancouver-based copper and gold exploration company with a portfolio of premium holdings in Chile. The Company
is establishing itself as a leader of new exploration in prominent mining belts, guided by responsible, respectful and sustainable
practices. The Company was built by a management team with prior success in monetizing exploration assets and its
specialized technical team is recognized for their extensive experience working with major mining companies, supported by
robust safety standards and technical proficiency. The technical team includes Chile -based geologists with invaluable local
expertise and a noteworthy track record for major discovery in the country. Torq is committed to operating at the highest
standards of applicable environmen tal, social and governance practices in the pursuit of a landmark discovery. For more
information, visit www.torqresources.com.
Forward Looking Information
This release includes certain statements that may be deemed “forward -looking statements”. Forward -looking information in
this release includes statements that relate to the possibility that drilling will demonstrate the extension of favourable geological
structures. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results,
performance or achievements of the Company to be materially different (either positively or negatively) from any future results,
performance or achievements expressed or implied by some of the principal forward -looking statements. See Torq’s periodic
filings , at www.sedarplus.ca for disclosure of some of the risks and uncertainties faced in this business.
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 release.