MiningNewsBreaks – Torr Metals Inc. (TSXV: TMET) Files Petition in BC Supreme Court Regarding Denial of Exploration Permit

July 29, 2024 09:48:48

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, is challenging the denial of an exploration permit for its Latham Copper Project. The company announced that it has initiated judicial review proceedings against the government of British Columbia (“BC”) in the BC Supreme Court. The Latham Copper Project is located in the province’s prolific Golden Triangle. According to the announcement, the company applied for an exploration permit in 2022 following early engagement with the Tahltan Nation, in which Torr Metals spent an estimated $2.84 million in exploration and community relations. The petition notes that after signing two separate agreements with the TahItan Nation, the TahItan position changed suddenly, and the permit was denied. “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 Torr Metals president and CEO Malcolm Dorsey in the press release. “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. . . . The government of British Columbia frequently discusses the need for critical minerals, but its actions don’t align with its words. 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.”

To view the full press release, visit https://ibn.fm/96mbI

About Torr Metals Inc.

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 information about the company, visit www.TorrMetals.com

NOTE TO INVESTORS: The latest news and updates relating to TMET are available in the company’s newsroom at https://ibn.fm/TMET

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