Torex Gold Resources provides a Q4 2024 update on the development of its Media Luna Project. Unless otherwise stated, progress and milestones referenced in this press release are as of December 31, 2024. Jody Kuzenko, President & CEO of Torex, stated: "The Media Luna Project is now in its final months, sitting at 94% complete as of the end of 2024. We are well on track to complete the project and produce first copper [...]
Torex Gold Resources provides 2025 operational guidance as well as an updated five-year production outlook for the Morelos Complex. Full-year guidance assumes a four-week shutdown of the processing plant during the first quarter to carry out upgrades and tie-ins required to complete the Media Luna Project. TABLE 1: 2025 OPERATIONAL GUIDANCE 2025 Guidance 2024 Guidance1 Gold Equivalent2,3 Payable production2 AuEq koz 400 [...]
Torex Gold Resources reports fourth quarter gold production of 103,795 ounces and full-year gold production of 452,523 oz, within the Company's revised guidance range of 450,000 to 470,000 oz. Fourth quarter and full-year gold sold were 108,647 oz and 455,932 oz, respectively. TABLE 1: PRELIMINARY FOURTH QUARTER AND FULL-YEAR 2024 OPERATIONAL RESULTS Q4 2024 FY 2024 Mining ELG Open Pits - Ore tonnes mined per day tpd [...]
Torex Gold Resources reports that the Director General of Mines under the Federal Ministry of Economy has lifted the temporary suspension notice and allowed for all activities within the Morelos Complex to resume. Jody Kuzenko, President & CEO of Torex, stated: "Following notification that the temporary suspension has been lifted by the Director General of Mines, all production and development activities at the Morelos [...]
Torex Gold Resources reports that the Company has received a notification from the Director General of Mines under the Federal Ministry of Economy that all activities within the Morelos Property are to be temporarily suspended to support their inspection associated with the fatal incident at the El Limón Guajes underground mine on December 5th. As a result, all operational and project activities within the Morelos Complex [...]
Torex Gold Resources provides an update on the carbon monoxide exposure at the El Limón Guajes underground mine that claimed the lives of two employees and one contractor and injured a second contractor. The relevant authorities have all been notified and the Company is fully cooperating with regulators. Operations within ELG Underground have now resumed. Jody Kuzenko, President & CEO of Torex, stated: "There are no words [...]
Torex Gold Resources regretfully announces that during the day shift on December 5th, a fatal carbon monoxide gas exposure occurred, which claimed the lives of two employees and one contractor at the El Limón Guajes underground mine. A fourth contract employee was also in the area and is currently in hospital and expected to recover. Jody Kuzenko, President & CEO of Torex, stated: "We are devastated by the deaths of these [...]
Results continue to indicate impressive grades and ongoing potential to expand resources and replace mined reserves Torex Gold Resources Inc. announces further assay results from the Company's 2024 drilling program at ELG Underground. The results to date support the Company's target of extending the mine life of ELG Underground by identifying new zones of higher-grade mineralization, expanding resources, and replacing and [...]
Torex Gold Resources Inc. announces that it has received approval from the Toronto Stock Exchange of its notice of intention to make a normal course issuer bid . Under the NCIB, Torex is authorized to purchase up to 7,116,777 of its common shares , representing approximately 10% of the public float as of November 13, 2024, during the period commencing on November 21, 2024 and ending on November 20, 2025. As of November [...]
Results indicate strong potential to upgrade Inferred Resources to Indicated Resources and expand resources to the north of the deposit Torex Gold Resources Inc. announces assay results from the Company's ongoing drilling program at EPO. The results to date support Torex's goal of expanding resources to the north of the deposit and upgrading Inferred Resources to Indicated Resources. Jody Kuzenko, President & CEO of [...]
Solid financial performance and robust cash generation driven by an all-in sustaining costs margin of 52% Torex Gold Resources Inc. reports the Company's financial and operational results for the three and nine months ended September 30, 2024. Torex will host a conference call tomorrow morning at 9:00 AM to discuss the results. Jody Kuzenko, President & CEO of Torex, stated: "Torex delivered a strong financial result [...]
Project 87% complete; plant tie-in schedule moves to February; first copper concentrate expected in Q1 Torex Gold Resources Inc. provides a Q3 2024 update on the development of its Media Luna Project and increases 2024 production guidance with a decision to undertake the tie-ins and upgrades to the processing plant in February 2025. Unless otherwise stated, progress and milestones referenced in this press release are as [...]
