Home · News

Torr Metals and Tahltan Central Government Sign Exploration Agreement

Jul 27, 2022 · TSXV: TMET

Vancouver, British Columbia--(Newsfile Corp. - July 27, 2022) - Torr Metals Inc. (TSXV: TMET) (" Torr" or the " Company ") is pleased to announce the signing of an Exploration Agreement (the "Agreement") with the Tahltan Central Government (TCG), covering the Company's 100% owned Latham Copper-Gold Project located within the Golden Triangle region and Tahltan Territory of northwest British Columbia, Canada. The Agreement facilitates collaborative and efficient engagement regarding all aspects of the exploration programs on the Latham Project and will ensure meaningful participation as well as associated economic benefits for the TCG. The terms provide for ongoing discussions and build upon an earlier Communications and Engagement agreement signed by the Company and TCG on January 5, 2022.

Malcolm Dorsey, President and CEO commented, "This agreement continues to demonstrate Torr's fundamental commitment to developing a strong and collaborative relationship with the Tahltan Nation. We are very pleased to have made this progress in ensuring Tahltan interests are addressed in good faith and look forward to the shared benefits this agreement will bring as we continue exploration on the Latham Project."

About Torr Metals

Torr Metals is a Vancouver based mineral exploration company focused on defining and developing the substantial exploration and resource potential of the ~689 km 2 Latham Copper-Gold Project, located within the prolific Golden Triangle of northern British Columbia. Year-round access is provided by Highway 37 with the project being favourably located 16 km south of the regional airport in Dease Lake. For further details about the Latham Copper-Gold Project, please refer to the Company's website or current geological Technical Report (August 24, 2021) filed on November 25, 2021 under the Company's profile on SEDAR at www.sedar.com.

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: malcolmd@torrmetals.com

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 "forw ard-looking information" w ithin the meaning of applicable Canadian securities legislation. Forw ard-looking information includes, w ithout limitation, statements regarding the use of proceeds from the Company's recently completed financings, and the future plans or prospects of the Company. Generally, forw ard-looking information can be identified by the use of forw ard-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 w ords and phrases or state that certain actions, events or results "may", "could", "w ould", "might" or "w ill be taken", "occur" or "be achieved". Forw ard-looking statements are necessarily based upon a number of assumptions that, w hile 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 forw ard-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forw ardlooking 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 w ill 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 forw ard-looking information. Other factors which could materially affect such forw ard-looking information are described in the risk factors in the Company's most recent annual management's discussion and analysis w hich is available on the Company's profile on SEDAR at w w w .sedar.com. The Company does not undertake to update any forw ard-looking information, except in accordance w ith applicable securities law s.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/132000