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 [...]
Torex Gold Resources Inc. is pleased to report positive assay results from step-out and infill drilling at El Limón Sur, which is targeting underground mineralization below the existing open pit as well as incremental open pit mill feed. The latest drill results support the Company's strategic priority of optimizing and extending production and cash flow from the El Limón Guajes Mine Complex. Jody Kuzenko, President & CEO [...]
Torex Gold Resources Inc. announces the Company has released its inaugural Climate Change Report aligned with the recommendations of the Task Force on Climate-Related Financial Disclosure . The Report includes greenhouse gas emissions reduction targets in support of its overall commitment to achieve net zero GHG emissions by 2050, which include a 10% reduction in absolute emissions ; and a 25% reduction in business as [...]
Torex Gold Resources Inc. reports the Company's financial and operational results for the three and nine months ended September 30, 2022. The Company will host a conference call tomorrow morning at 9:00 AM to discuss the results. Jody Kuzenko, President & CEO of Torex, stated: "Our well-established track record of delivering safe and reliable production at El Limón Guajes continues, with 122,208 ounces produced this [...]
