Torex Gold Resources Inc. today released its 2022 Responsible Gold Mining Report , the Company's eighth annual disclosure of its Environmental, Social and Governance performance. The Report can be found on the Company's website at www.torexgold.com. Jody Kuzenko, President & CEO of Torex, stated: "I am very proud of our 2022 Report, which shines a spotlight on the heart and soul of our Company and how we authentically [...]
Torex Gold Resources Inc. reports the Company's financial and operational results for the three months ended March 31, 2023. Senior management of Torex will host a conference call tomorrow morning at 9:00 AM to discuss the quarterly results. Jody Kuzenko, President & CEO of Torex, stated: "The consistent operational and cost performance that investors have come to expect of Torex continued in the first quarter of 2023 [...]
Torex Gold Resources Inc. is pleased to announce that it has amended the terms of its $150 million revolving credit facility and its $100 million term loan to include incentive pricing terms related to achieving various Sustainability Performance Targets including those in safety, climate change, and alignment with the World Gold Council's Responsible Gold Mining Principles . Jody Kuzenko, President & CEO of Torex [...]
Torex Gold Resources Inc. provides the second quarterly update on the development of its Media Luna Project . Unless otherwise stated, progress and milestones referenced in this press release are as of March 31, 2023. Jody Kuzenko, President & CEO of Torex, stated: "With a full year of execution now behind us and 21 months remaining, the Media Luna Project continues to track to overall schedule and budget. At quarter-end [...]
Torex Gold Resources Inc. reports Q1 2023 gold production of 122,918 ounces and gold sold of 118,455 ounces. Given the strong start to the year, the Company reiterates 2023 production guidance of 440,000 to 470,000 ounces of gold. TABLE 1: PRELIMINARY FIRST QUARTER 2023 OPERATIONAL RESULTS Q1 2023 Mining ELG Open Pits - Ore tonnes mined tpd 10,182 ELG Open Pits - Waste tonnes mined tpd 93,747 ELG Open Pits - Strip ratio [...]
Torex Gold Resources Inc. is pleased to report year-end 2022 Mineral Reserves and Resources for the Morelos Complex, which includes the producing El Limón Guajes Mine Complex , development stage Media Luna deposit, EPO deposit, and surface stockpiles. Table 1: Year-over-year comparison of Mineral Reserves & Mineral Resources for the Morelos Complex December 31, 2022 December 31, 2021 Variance Tonnes AuEq AuEq1 Tonnes AuEq [...]
Torex Gold Resources Inc. is pleased to report results from the 2022 drilling program at EPO, a deposit located to the north of the Media Luna deposit in close proximity to the Guajes Tunnel, south of the Balsas River. The program was focused on upgrading Inferred Resources to the Indicated category and expanding Inferred Resources through step-out drilling. Jody Kuzenko, President & CEO stated: "We are very encouraged by [...]
Program successful in upgrading Indicated Resources to the Measured category and adding Inferred Resources along the boundaries of the deposit TORONTO, March 08, 2023 -- Torex Gold Resources Inc. is pleased to report results from its 2022 drilling program at Media Luna. The program was focused on upgrading Indicated Resources to the Measured category and targeting spatial gaps in prior drilling to expand Inferred Mineral [...]
Torex Gold Resources Inc. reports the Company's financial and operational results for the three months and year ended December 31, 2022. Torex will host a conference call tomorrow morning at 9:00 AM to discuss the results. Jody Kuzenko, President & CEO of Torex, stated: "Operational consistency and disciplined cost control resulted in another strong year across all measures for Torex. Record gold production of 474,035 [...]
Torex Gold Resources Inc. provides an inaugural quarterly update on the development of its Media Luna Project , for which a Feasibility Study was included as part of an updated Technical Report released on March 31, 2022 . Unless otherwise stated, progress and milestones referenced in this press release are as of December 31, 2022. Jody Kuzenko, President & CEO of Torex, stated: "Development of Media Luna is well underway [...]
Torex Gold Resources Inc. provides 2023 operational guidance as well as a 5-year production outlook for the Morelos Complex, which includes production from the ELG Mine Complex and from the Media Luna Project . TABLE 1: 2023 OPERATIONAL GUIDANCE 2023 Guidance 2022 Guidance1 Gold Production oz 440,000 to 470,000 430,000 to 470,000 Total Cash Costs2a $/oz sold $740 to $780 $695 to $735 All-in Sustaining Costs2b $/oz sold [...]
Torex Gold Resources Inc. reports record annual gold production of 474,035 ounces in 2022 following fourth quarter production of 116,196 ounces. Full year gold production surpassed the upper end of the guided range of 430,000 to 470,000 ounces, marking the fourth year in a row original production guidance has been achieved. During the year, the Company sold 473,122 ounces of gold, including 121,913 ounces during the [...]