Torr Metals Inc. announced the Government of Ontario has granted a three-year exploration permit (the ?Permit) allowing for drilling on the Company?s 100% owned 261km2 Filion Gold Project. The Project is ideally situated adjacent to excellent infrastructure with direct road access from the Trans-Canada Highway 11, paralleled by the regional railway and provincial power grid, as well as the nearby town of Kapuskasing located ~30 km to the southeast. Filion Gold Project Having acquired the Project through staking on October 26, 2023, the Company moved rapidly with a first-ever systematic humus soil program that tested the underexplored potential of the gold-endowed Filion Fault Zone, where historical results include rock grab samples that assayed 9.1 g/t gold (Au) and channel sampling that reportedly yielded 91.4 g/t Au over 0.3 meters.

Highlights of the 2023 soil program included: Delineation of Multiple Undrilled Anomalies: Six gold soil anomalies were delineated coincident with historical VLF-EM conductors, associated with significant shear structures and stratigraphic contacts, over a 2.5 kilometer-wide corridor; with over 75% of the 28 filtered conductors remaining untested by soil sampling. Of 318 humus soil samples, 39 showed >10 ppb Au with 13 exceeding 20 ppb Au, reaching a maximum of 1,320 ppb Au. Kilometer-scale Gold Trends: The largest 2023 gold soil anomaly measures 1200 meters in strike-length across multiple conductors along-trend of historical high-grade rock grab and channel samples; indicating a potential 2.5 kilometer (km) strike-length to undrilled gold mineralization.

All 2023 soil anomalies remain open to the east and northeast. Untested Exploration Upside: None of the 2023 humus soil anomalies contain historical drilling, providing Torr with the opportunity to be the first to test the significant potential for a major new gold discovery along the Filion Fault, adjacent to the Trans-Canada Highway. Within the regional greenstone belts of northern Ontario, early syn-volcanic aged gold deposits, such as those at Hemlo, Greenstone, Casa Berardi, and Detour Lake, are typically located within major east-west trending fault zones.

These zones share similar geological settings to the Filion Fault, where key gold emplacement controls include structural dilational bends and competency contrasts along major stratigraphic contacts between mafic volcanics and quartz-feldspar porphyry units. Results from samples were analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO/IEC 17025:2017 and ISO 9001:2015 accredited facility). A secure chain of custody is maintained in transporting and storing of all samples.

At ALS the ?B? horizon soil samples underwent screening to 180 microns under the ALS code PREP-41. The samples were digested using Aqua Regia and analyzed via ICP-MS and ICP-AES using a 25g sample aliquot under the ALS code AuME-TL43. The Company follows industry standard procedures for the work carried out on the Kolos Project.

Due to the reconnaissance nature of the soil sampling the Company relied on the internal quality assurance quality control (?QA/QC?) measures of ALS. Torr Metals detected no significant QA/QC issues during review of the data.