Torr Metals is a Canadian copper-gold explorer focused on the Kolos Copper-Gold Project in British Columbia. In this interview, CEO Malcolm Dorsey talks about the inaugural drilling now underway at the Bertha Zone where he intends to test a ~900 m by 500 m IP chargeability body open beyond ~600 m. We also talked about his intention for near-term work at Sonic, potential follow-ups at Kirby and Lodi, the Bertha option within the broader Kolos land package, and the company’s of funding that carries exploration programs into 2026.

TLDR

1. Bertha is the near-term bet and drilling is underway.
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   Malcolm makes it clear the immediate focus is the Bertha target, where phase-one drilling is already in progress. The technical thesis is to test a 900 m by 500 m IP chargeability body whose highest zone mirrors the surface footprint of the supergene zone at New Afton. The objective spelled out is a high-grade, mid-tonnage alkalic Cu-Au porphyry discovery that actually moves a market cap, not another ‘science’ project.
2. Copper at surface dictates the model.
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   Bertha isn’t being drilled blind. The team points to supergene-style mineralization and expects hematite alteration with native copper, anchored by a small historical pit that reportedly produced just over 30 tons at just over 2% Cu. That surface metal, plus the supergene analogy, is what they’re using to vector the first pierce points into the IP core rather than wandering around the paddock.
3. Sonic is the next catalyst after Bertha.
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   North of Sonic, historical soils run up to just over 4,500 ppm Cu. Given the added gold-silver occurrences immediately west of the zone and the pathfinders that typically halo alkalic porphyries, and the plan is to tighten up with soils and possibly more IP so Sonic is drill-ready. Translation: Bertha first to earn audience attention, Sonic lined up to keep it.
4. Kirby and Lodi are queued behind Bertha.
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   The company says Kirby and Lodi have permits and large geophysical footprints, with rock grabs at Kirby showing roughly 0.52% Cu and just over 4 g/t Au from mineralized intrusions. They still chose to drill Bertha first because an Afton-style grade profile has more near-term torque potential for the stock, according to Malcolm. If Bertha hits, Kirby/Lodi are positioned as immediate follow-ups rather than a cold start.
5. Structure and runway.
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   Management cites roughly 52 million shares out and ~63.5 million fully diluted, with warrants concentrated at 20–25 cents. Management adds that the CEO directly controls just over 2 million shares, with a close family member holding a similar amount. On the funding side, Malcolm discussed recent capital raise, as well as his treasury management strategy, with the stated goal of being fully funded into spring 2026 drilling.

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