Welcome back, everyone. Final session. Well done. You've made it through the day. It's been a big one, but we've got an absolutely jam-packed session and a few surprises coming up as well, so stay tuned. To steer us through this last session, it's my great pleasure to introduce Kristy Backen. Kristy is an independent journalist who's been writing about the resources and mining sector for about 15+ years, I think, Kristy. 18 years, sorry. Former editor of Mining News and now a very successful independent journalist who writes for our Resources Rising Stars weekly wrap every week, amongst many other publications, including Stockhead. She's a font of knowledge on the industry, and we're always delighted to have her at the conference once again this year. Kristy, please take us through this afternoon. Thanks, Nicholas, for that introduction. First up in this afternoon session, we've got Torque Metals, which brings together the former Spartan Resources team with a growing high-grade resource and a major unexplored position south of Kalgoorlie. Its strategy is captured in Project RPM, which stands for Rapid Path to 1 million ounces, backed by more than 70,000 m of planned drilling. Please welcome Managing Director Craig Jones. Good afternoon, everybody. Hopefully, you're all refueled up with a bit of afternoon tea there. I'd like to introduce the Torque story, and introduce why we're looking at the ground and what we like about it so much. Hopefully, I can rev you up a little bit with some intercepts like 3,625 gram a tonne, which we just did release last week. All right, so why Torque Metals? For us, as Kristy introduced, the ex-Spartan team, we've looked for some good ground to get together, and this is where we've landed on and why the ground. It's really about the right location for us. Situated within an hour of Kalgoorlie. Well-endowed mineral area that everyone sort of understands as well, surrounded by some big players, too. It's got the right ground. Some greenstone belts. We've got 57 km of strike along a greenstone belt. Following up on the Boulder-Lefroy Fault as well. We've got the right team. We're all aligned with what we're trying to do. We know we're a growth story. We're all about discovery. That's where our RPM strategy comes along, and we're looking to grow that million-ounce target over the next couple of years. It's all about finding that on the end of the drill bit. Sorry. Yeah, just who we are. We've got about AUD 13 million in cash at the end of June. AUD 140-odd million market cap, but a good solid board backing us all the way in, with Simon leading and as Non-Executive Chair, myself as the MD and CEO. Dave joined as well from Spartan, from a finance background, and we've got Evan as a lawyer as well. So a well-rounded-out board to lead us as we move forward. So where are we? Quickly just to highlight the name, we have just clarified just recently the naming of the project to the Ritz Gold Project. Just clear up any clarifications around, we had Paris Corridor, Paris Deposit, Paris Gold Project. The Paris Deposit sits where it is, but we have just put everything under the big umbrella of the Ritz project. We are looking for some structural repeats within that area. We have got well over 1,000 sq km of ground, all within an hour of Kalgoorlie, surrounded by some other majors and lots of projects as well. We are looking to build up the resources there and then see how we can continue to grow that. We recently just updated the MRE with 251,000 oz at Paris at just under 4 grams a tonne, giving us a total of 351,000 oz, just over 3 grams a tonne at the project. Here we are. This is the central area of the Ritz project. This is where the 57 km of strike sits along the greenstone belt. A structurally controlled environment, so we are looking for the structural repeats that we can see in there. Again, we have got a solid base of 351,000 oz, as I said, just over 3 grams a tonne. We are looking to systematically step out and find the structural repeats that we can find outside of what that corridor sits. When we joined the company in May, the first focus was to get a resource out, which had not been updated for probably 18 months. We did that in early July, so that is where the 351,000 oz comes from. That is sort of the benchmark for where we are starting as a new management group and why we like the ground, and we are going to be starting to step out from that. We have got some recent results out, which I will touch on shortly, as we are starting to step out from that resource growth drilling as part of our RPM strategy. Talking about the RPM, here it is, a Rapid Path to a Million. Little play on words around the Torque theme. We are looking to rapidly grow around what we already know as a high-grade resource around the projects themselves, but also it is about discovery. More than half of our drilling and time and effort is going to go to looking for new discoveries in the ground that we have got. There is plenty of techniques available to us to use, and there is a lot of historical drilling outside of where the MRE sits at this stage. With EMs, and we can do some surface loops, and there is aeromags, and there is lots of soil samples and some historical shallow drilling, which we will touch on as well. But we need to make sure that we can continue to grow the resource that we do have around Paris and HHH and Observation. They are our three deposits. But it is all about the discovery as we start to step away from that, and we are starting to do that as we are moving through it now. Just quickly on the Paris Gold Project, we have drilled that down to about 500 m- 600 m below surface, down plunge. It is a structurally controlled environment, so we are looking to continue to understand that. We are looking for growth around the resource that we updated in early July. It looks like there is a structural offset. We are calling the Paris lower the three, the third offset, and we are continuing to drill some of that hits. We have already stepped outside from a structural point of view. You can see a visible intercept in some of the gold outside of what we are looking for as well. We are going to continue to drill around Paris, add some more resources to that, and get an update around Paris early next year. As I mentioned earlier, the high-grade baseload that we have around this project is really centered around Paris. Here is a list of some of the really good intersections for good grades and good widths. As a mine engineer, a mine operator, it is very comforting to know that you have some 100 g plus meter intercepts throughout your resource. When you are actually mining these resources in the future, you do have those sweet spots that continue to support the grades coming through. You will notice if you can read through the tables, but they occur from surface down to depths as well. It is not just one zone that has got these high grade and thick intersections within it. It is spread throughout the whole resource, which again, through the whole mine life, adds to the comfort that you will be able to deliver on the resource. One of the highlights, just as we started to step outside of the resource drilling, we expanded around the HHH project. We announced this one just a couple of weeks ago, but 11 m at 456 grams a tonne. It is a fantastic result. It is outside of the current resource. We were drilling to get some other intercepts as well, so it is a little bit of a surprise that we have hit that much gold is what we can see it. Obviously we are going to do some follow-up drilling and structurally trying to understand what that looks like. It does appear to be more of a sub-vertical structure that we have managed to tag and hit the top of. We need to look for some of those repeats, but it just supports the thesis and our backing of ourselves to get in there. This is a well-endowed system with lots of gold in it. This is 120 m down hole, so it is quite shallow. It is not scratching around on the surface. It is in fresh material. We do have about a 96% recovery on the fresh material at Paris with some of the metallurgical test work that is being done. So, it is a well-endowed system. We do not fully understand exactly what it is at the moment, but we know that there is lots of gold within that system. We just need to be following those up. That is a bit of a cross-section of where the intercept, you can sort of see it comes from. So we believe it is more of, as I said, a sub-vertical structure sort of peeling off these sub-horizontal ones around HHH. We did a lot of work to sort of understand what was actually going on there with some repeat assays and repeat sampling. Because when you drill 3,600 grams- meter, you want to understand exactly what is going on around it, and we are still working that one out. Looking for some of the repeats across the system. It is a structurally controlled environment that we are drilling in, and we need to look for those structural repeats. Further along the trend, about another kilometer north of HHH, is Observation. Again, we have started to drill outside of the resource at Observation. This has not had an update to the MRE since 2024, and we will look to do that early next year. We have drilled 60 m below the resource. We have got up to 30 gram- meter intercepts sitting in there as well. You can see some of the massive sulfides sit down there. Again, it is a structurally controlled environment. We have got to look for those structural controls, look for the repeats, and continue to drill that out. We will keep focusing as part of our RPM strategy is drilling around these resources. We will be adding ounces, and we will update everybody early next year on the resource. That is what it looks like in long section. This image is probably about 4 km and includes Catacombs to the south of Paris. Geologically, it is the same sequence of rock types that we see at Paris, and it is early-stage exploration. There needs to be some follow-up drilling done there. There is an EM plate that has been identified that again, needs following up. We will need to look between all of these projects that we have already got, but also continue to drill those as well. Much of the focus over the last three years has been within this 2.5 km of strike. We need to start expanding that, and we have 57 km of strike that we need to be looking at across the area. That is where it gives me a bit of comfort to know that the drilling that we are putting into the ground, as I said, we have a solid base that we can start from and continue to grow with the resource that we do have. It is when we start to step out and look for these new structures, is where the exciting stuff is going to be. This is what it looks like. I have sort of broken it down to multiple corridors, and we can see the Paris corridor, which includes the Observation, HHH, and Paris deposit, and we will continue to be drilling through there. We have now just started to sort of step out into the Strauss corridor and the Maynards corridor as well. We have organized the heritage surveys to get done to get the cleared land. It is all about following up some of the historical work that sort of sits out there as well. It is district scale that we are looking for, whilst we continue to grow the resources that we do have. The major Boulder-Lefroy Fault that you can see running through the region to the top left of that image is where St Ives is, with their multimillion-ounce deposits and projects sitting on splays off the Boulder-Lefroy Fault. That is what we have got. We have second and third-order faults running off the Boulder-Lefroy. They are sort of mineral traps that we need to find and follow up with the drilling, and that is what we are intending to do with our Project RPM. Just a bit of an image on the Strauss corridor. Strauss has got a lot of shallow mineralization, down to 130 m deep, over a 250 m strike length at this stage. We need to get some more programs in there to start to expand on what we understand that one looks like as well. We are doing some drilling out there shortly just after we have got the clearance sorted, and it is again, it is about resource growth. Marmaracs to the north, it is about 2.5 km- 3 km north of Strauss. Again, historical work was done. There has been no follow-up since 1984 on those projects there, and there is some shallow workings that have been drilled there back in the early days. Moving a little bit further north is the Maynards corridor. Again, Maynards Dam, historical drilling is being done. There was 4 m at 21 gram a tonne drilled in 1991, and there has been no follow-up to that drill hit in that period of time. Again, we need to step out there and start to drill that, and we have just got the rig out there at the moment out at Maynards and Cooley and Kelpie to the north and south of those are, again, they are strong soil anomalies that need some follow-up drilling done from the historical work that has been sitting out there. That is just a nice little image to sort of show you where we are and the country that we are drilling in. It is lovely country down there with the Ngadju traditional owners that sort of look after it and help us manage where our programs go. We have managed to get some clearance and get out there with the support of those guys, and it looks lovely. So that is out at Maynards, and that is where the rig is at the moment. In terms of a few little catalysts, we like to keep the news flow coming. So I have got an RC rig and a diamond rig out on site at the moment, moving around a few of the different prospects, and we will get those results updated as soon as we can. Planning to get multiple resource updates every six months period. So we can expect one of those in the first quarter next year. Multiple discoveries. Timing is right. We will see what we can find. And again, just keep those drilling updates coming. We do have a very, very large land holding package. It is over 1,000 sq km of land holding. We need to look at really identifying what that is going to be because all the focus has been literally in 2.5 km of that strike. So we have got a lot of land that we need to look at, and then we can rationalize where our programs start to go. Beyond that, there is a little bit of lithium prospectivity as well. So the multi-commodity opportunities that sit around the project, we will get to review those as well. And we have got some opportunity to explore some of the valuations on our non-core assets as well. So I guess just in a bit of a summary, this talk is a story about growth and discovery, and we need to continue to grow the resource that we do have, as well as we are aggressively drilling out along the field. We have a high-quality team of geologists that, again, come from the Spartan mindset of getting after these discoveries when you can find them as well. We are not afraid to fail. We will drill, learn and fail fast. We have got a solid base to grow from, and we also have just implemented that RPM strategy. We will aggressively get out and continue to expand on the areas that we do have and look sort of as we push it right out as well. Really that is, for me, that is where the story sits at the moment. As I said, it is really about discovery and growth and we are aggressively getting out there and sort of following that sort of methodology as well. The engine that is South Kalgoorlie is beginning to sort of load up, which I would encourage you guys to do as shareholders as we look to increase the Torque of these assets. But what we really need is not just fast wins, it is really about building up the Torque so we can have this high-grade heavy growth story over the next couple of years. Stay tuned and keep an eye out for the news flows. Thank you very much.
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