Torex Gold Resources Inc. announces a maiden underground mineral reserve estimate and resource estimate for the El Limón Deep zone at its El Limón Guajes mining complex , located in Southwest Mexico. The estimates were prepared in accordance with National Instrument 43-101 and CIM Standards . ELD Mineral Reserves and Resources The probable mineral reserve at ELD contains 86,000 Au ounces in 487,000 tonnes at [...]
Torex Gold Resources Inc. reports the Company’s financial and operating results for the quarter ended March 31, 2019. Fred Stanford, President & CEO of Torex stated: “As previously communicated, 2019 guidance is weighted toward the second half of the year. We expect to achieve at least the lower end of the guidance range, by producing for the remainder of the year at an average throughput rate of 12,600 tpd [...]
Torex Gold Resources Inc. announces that it will release its first quarter 2019 financial and operating results early morning on Wednesday, May 8, 2019, followed by a conference call hosted by senior management. First Quarter 2019 Conference Call and Webcast Date: Wednesday, May 8, 2019 Time: 9:00 am Webcast access: A live audio webcast of the conference call will be available on the Company’s website at [...]
Torex Gold Resources Inc. reports that in Q1 2019, 76,500 ounces of gold were sold, at an average realized price of $1,301 per ounce. 77,800 ounces of gold were produced. Debt principal was reduced by $18.6 million, and cash balances at the end of the quarter were $119 million, including $26.8 million of restricted cash. The Company is also pleased to announce that field trials are underway for the first piece of [...]
Torex Gold Resources Inc. reports the Company’s financial results for the year ended December 31, 2018. Fred Stanford, President & CEO of Torex stated: “2018 is now in the record books and it left some memories. Most of the memories are very good. Excellent safety and environmental performance, record production, Sub-Sill ramped up, SART plant ramp-up, successful exploration at Sub-Sill and ELD, successful [...]
Torex Gold Resources Inc. announces the results from the first 32 holes of its infill drill program targeting the ELD zone, in preparation for a maiden underground resource estimate. The ELD zone is the downdip extension of mineralization below the El Limon Open Pit, at the Morelos Property in Southwest Mexico. Highlights from this program include 25.0 g/t Au over 8.5m in borehole LDUG-026, 24.9g/t Au over 7.5m in [...]
Torex Gold Resources Inc. announces that it will release its Fourth Quarter and Year End 2018 financial and operating results early morning on Thursday, February 21, 2019, followed by a conference call hosted by senior management. Fourth Quarter and Year End 2018 Conference Call and Webcast Date: Thursday, February 21, 2019 Time: 9:00 am Webcast access: A live audio webcast of the conference call will be available on the [...]
Torex Gold Resources Inc. is pleased to announce that 354,000 ounces of gold were produced and 348,000 ounces of gold were sold in 2018, a record year at its ELG Complex located in southwest Mexico. Fred Stanford, President & CEO of Torex stated: “Achieving a production record at the top end of production guidance is a credit to the quality of the asset and the quality of the corporate and site teams who managed [...]
Torex Gold Resources Inc. announces the results from 57 holes, from its in-fill and step-out drilling programs in the Sub-Sill Zone of its El Limón Guajes Underground Mine in Southwest Mexico. Highlighted intercepts from this program include 30.2g/t Au over 8.1 m in borehole SST-101, 48.9g/t Au over 3.6 m in borehole SST-118 and 34.4g/t Au over 4.6m in borehole SSUG-059. The deposit remains open in several [...]
Torex Gold Resources Inc. reports the Company’s financial results for the three and nine months ended September 30, 2018. Fred Stanford, President & CEO of Torex stated: “This was an excellent quarter with record gold production of over 100,000 ounces as the Company successfully continues toward full ramp-up. Grades processed were above LOM average, recoveries above design, and plant throughput is ramping [...]
Torex Gold Resources Inc. announces the results from the first 23 holes, of a planned 175 hole, in-fill drilling program at its Media Luna Project in Southwest Mexico. Highlighted intercepts from this program include 10.5 g/t Au Eq. over 39.2 m in borehole ML18-222A; 7.0 g/t Au Eq. over 49.6 m in borehole ML18-215; 7.1 g/t Au Eq. over 45.9 m in borehole ML18-219W and 8.3 g/t Au Eq. over 22.6 m in borehole ML18-208W. Fred [...]
Torex Gold Resources Inc. announces that it will release its Third Quarter 2018 financial and operating results early morning on Thursday, November 8, 2018, followed by a conference call hosted by senior management. Third Quarter 2018 Conference Call and Webcast Date: Thursday, November 8, 2018 Time: 9:00 am Webcast access: A live audio webcast of the conference call will be available on the Company’s website at [...]