Torr Metals Inc. (TMET:TSX.V) recently announced the successful completion of demobilization and 2,733 meters of diamond drilling over eight drill holes at the Bertha Target, a component of the company's expansive 332 km² Kolos Copper-Gold Project located in south-central British Columbia. This update was shared in a release dated December 4.
The drilling effectively explored around 400 meters of strike length and nearly 900 meters of down-plunge extent along a moderate-chargeability induced polarization (IP) geophysical anomaly, as stated by the company. This anomaly reflects the presence of highly oxidized volcanic and intrusive host rocks, interspersed with fractured picrite, which form crucial local redox boundaries that facilitate the precipitation of supergene native copper and chalcocite mineralization from copper-rich fluids, the company said.
"The completion of 2,733 meters of drilling across eight drill holes at Bertha marks a significant milestone for Torr and has greatly enhanced our confidence in the scale and geological setting of this newly identified supergene system," remarked President and CEO Malcolm Dorsey. "We have now confirmed more than 400 meters of strike and nearly 900 meters of down-plunge continuity of the system along a strongly structurally controlled corridor; an exceptional outcome for a first-pass drill program. With assays pending for all eight holes, we are eager to share the geological context and clarity that these results will bring to the market as they begin to roll out over the coming months."
Dorsey further noted, "With full funding for an additional 6,000 meters, Torr plans to return to Bertha following analysis in late Q1 or early Q2 2026 to continue advancing what we believe has the potential to become a significant brand-new copper-gold discovery in the region."
Initial Drilling Initiative
The initial drilling initiative at the Bertha IP chargeability target aimed to evaluate the strike, down-dip, and down-plunge continuity of the supergene system, now confirmed to extend with strong structural controls to depths exceeding 580 meters, as noted by Torr.
The goal of this initial drill program was to assess the geological context and evaluate a previously unrecognized supergene system with scale potentially comparable to the nearby New Afton Copper-Gold Mine, situated roughly 28 kilometers to the north-northeast. At New Afton, supergene mineralization typically extends to depths of 400 to 500 meters in the western part of the ore body and continues beyond 600 meters depth along major long-lived fault and fracture corridors, with the picrite contact serving as a critical structural-lithological boundary; an important control that is similarly well-defined at the Bertha target, the company said.
Copper Exploration Gaining Traction in Quesnel Trough, Analyst Says
1Analyst John Newell of John Newell & Associates commented on October 6 that as copper exploration gains traction in British Columbia's Quesnel Trough, Torr is positioning itself for a potential new discovery. With several undrilled copper-gold porphyry centers, robust infrastructure, and a streamlined share structure, the Kolos project is garnering attention as it embarks on its inaugural drill program, he noted.
The Quesnel Trough is "home to some of Canada's largest and longest-lived copper mines, including Highland Valley (Teck), New Afton (New Gold), and Copper Mountain (Hudbay)," Newell wrote.
The company's projects offer "exposure to both copper and gold discovery opportunities across Canada, with Kolos leading the near-term news flow as the first drill program begins in Q4 2025," he added.
For investors looking for exposure to a new copper discovery narrative in one of Canada's safest and most productive mining regions, Newell considers Torr Metals a Speculative Buy at the current price at the time of the report of CA$0.15. The technical price targets are set at CA$0.24, CA$0.48, and a longer-term target between CA$0.60 and CA$0.65, contingent on a confirmed discovery-driven breakout, Newell said.
The Catalyst: Copper Plays Critical Role in Energy Transition
Copper plays a critical role in the energy transition due to its essential function as an electrical conductor. The metal's prices are anticipated to increase this fall, spurred by seasonal demand and ongoing supply constraints, presenting traders with lucrative opportunities, Don Dawson reported for Yahoo! Finance on October 6.
Home builders are stockpiling copper for spring construction, especially for wiring and plumbing, with demand peaking from September to March. This seasonal pattern, combined with global economic factors, creates an ideal trading window, he explained.
Additionally, Dawson reported that the global copper supply is expected to face a 300,000-metric-ton shortfall in 2025 due to production challenges in Chile and Peru, including labor strikes and mine disruptions. Increasing price volatility is further aggravated by low inventories on the London Metal Exchange, sometimes covering less than a day's demand, Dawson wrote. The energy transition — driven by electric vehicles, solar power, and AI-driven data centers — continues to boost demand, with copper consumption rising annually since 2020, the story noted.
Gold prices fell on Thursday, influenced by profit-taking, even as investors became more optimistic that the Federal Reserve will lower interest rates next week, as reported by Peter Nurse for Investing.com on December 4. At 08:30 ET, the price of spot gold dropped by 0.2% to US$4,196.00 per ounce. Spot gold has climbed nearly 60% this year, but traders have been securing some of these profits in anticipation of the upcoming Federal Reserve meeting.
Markets are currently anticipating nearly a 90% chance of a 25-basis-point rate reduction at the Fed's December 9–10 meeting, according to the CME FedWatch tool, Nurse noted. Recent U.S. data have bolstered expectations for a rate cut.
Private payrolls fell by 32,000 in November, according to the ADP employment report — a notable decline from October's revised 47,000-job increase and significantly below expectations for growth. Meanwhile, the Institute for Supply Management (ISM) services index indicated modest growth in November, but underlying figures suggested a cooling trend.
Investors are now awaiting a clearer signal from the delayed September Personal Consumption Expenditures Price Index (PCE), the Fed’s preferred gauge of inflation, due on Friday, to better assess the potential extent of any rate cut, Nurse mentioned. Adding to the uncertainty are media reports that the Trump administration suddenly canceled interviews with several candidates to replace Jerome Powell, sparking speculation that Kevin Hassett might become the next Fed chair. These reports have heightened expectations of a more dovish Fed approach under new leadership, a development that could favor non-yielding assets like gold.
According to Nurse, the World Gold Council (WGC) continues to foresee strong gains ahead, as investment demand, particularly through gold exchange-traded funds (ETFs), is expected to remain a key driver, compensating for weaknesses in other sectors such as jewelry or technology. "The combination of falling yields, elevated geopolitical stress, and a pronounced flight-to-safety would create exceptionally strong tailwinds for gold, supporting a sharp move higher. Under this scenario, gold could surge 15-30% in 2026 from current levels," the WGC report stated.
Ownership and Share Structure2
Approximately 12% of the company is held by insiders and close associates. The remainder is owned by retail and high-net-worth investors.
Major shareholders include Torr Resources Corp. (owned by CEO Malcolm Dorsey) with 4.77%, John Williamson with 3.41%, Sean Richard William Mager with 0.78%, and CEO Malcolm Dorsey with 0.07%.
Torr has a market capitalization of CA$15.09 million and 83.82 million shares outstanding. It trades within a 52-week range of CA$0.08 to CA$0.20 per share.
| Want to be the first to know about interesting Copper, Gold and Critical Metals investment ideas? Sign up to receive the FREE Streetwise Reports' newsletter. | Subscribe |
Important Disclosures:
- Torr Metals Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.
- As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Torr Metals Inc.
- Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
- This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.
For additional disclosures, please click here.
1. Disclosure for the quote from the John Newell article published on October 6, 2025
- For the quoted article (published on October 6, 2025), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$3,000.
- Author Certification and Compensation: John Newell of John Newell and Associates was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.
John Newell Disclaimer
As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.
2. Ownership and Share Structure Information
The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.




































