Torex Gold Resources announces that it has entered into a definitive agreement with Reyna Silver to acquire all of the issued and outstanding common shares of Reyna Silver pursuant to a court-approved plan of arrangement for an all cash consideration of approximately US$26 million based on an offer price of $0.13 per Share. Jody Kuzenko, President and CEO of Torex, stated: "The acquisition of Reyna Silver provides Torex [...]
Torex Gold Resources announces the results of its 2025 annual and special meeting of shareholders held virtually today. ITEM 1. ELECTION OF DIRECTORS At the Meeting, all director nominees listed in the Company's management information circular dated May 7, 2025, were elected as directors of the Company. Detailed results of the vote by ballot are as follows: % OF VOTES Richard A. Howes For Withheld 70,294,788 127,354 [...]
Torex Gold Resources released its 2024 Responsible Gold Mining Report titled Building from Strength, the Company's tenth annual disclosure of its safety, 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: "The theme of this year's report, Building from Strength, reinforces that responsible mining is one of [...]
Torex Gold Resources announces that an amendment to the Company's restricted share unit plan will be included in the matters to be presented to shareholders at the annual and special meeting of shareholders of Torex scheduled to be held on June 18, 2025. The RSU Amendment is being made in response to comments from a proxy voting advisory and corporate governance services firm. The amendment to the RSU Plan, being the [...]
Torex Gold Resources is pleased to provide remaining results from the 2024 drilling program and initial results from the 2025 drilling program at ELG Underground. The results support the Company's target of further extending the mine life of ELG Underground by identifying new zones of higher-grade mineralization, expanding resources within known areas, and replacing mined reserves. Jody Kuzenko, President & CEO of Torex [...]
Torex Gold Resources reports the Company's financial and operational results for the three months ended March 31, 2025. Torex will host a conference call tomorrow morning at 9:00 AM to discuss the results. Jody Kuzenko, President & CEO of Torex, stated: "The first quarter was marked with significant milestones for Torex. We completed the tie-ins at the processing plant not only on time but, more importantly, safely. We [...]
Torex Gold Resources is pleased to announce it has achieved commercial production at the Media Luna mine, concluding the development phase of the Media Luna Project. Amongst other criteria, commercial production is declared when construction is substantially complete, mine and mill throughput have averaged over 40% and 60% of design rates for 30 days, respectively, product is saleable, and metallurgical recoveries have [...]
Torex Gold Resources reports Q1 2025 gold equivalent payable production of 59,630 ounces and AuEq sold of 60,568 oz. The Company is on track to achieve annual payable production guidance of 400,000 to 450,000 oz AuEq1. TABLE 1: PRELIMINARY FIRST QUARTER 2025 OPERATIONAL RESULTS1 ELG Open Pit ELG Underground Media Luna Underground Morelos Complex Ore tonnes mined per day 1,850 tpd 2,074 tpd 1,111 tpd April-to-date 4,096 [...]
Torex Gold Resources announces completion of the four-week tie-in period for the Media Luna Project and first production of precious metal-rich copper concentrate. Jody Kuzenko, President and CEO of Torex, stated: "Following almost three years to the day of the release of our feasibility study for the Media Luna Project, we have completed the tie-in period at our processing plant and achieved first production of copper [...]
Torex Gold Resources is pleased to report year-end 2024 mineral reserves and resources for the Morelos Complex, which includes the producing El Limón Guajes Mine Complex, Media Luna Underground mine, development phase EPO Underground deposit, and surface stockpiles. Year-over-year comparison of mineral reserves & mineral resources for the Morelos Complex December 31, 2024 December 31, 2023 Variance Tonnes AuEq AuEq Tonnes [...]
Torex Gold Resources is pleased to provide results from the ongoing drilling program at Media Luna West and results from initial drill testing at Media Luna East. Drilling at both targets supports the Company's exploration strategy, which is focused, in part, on unlocking additional near-mine opportunities at the Media Luna Cluster in order to further enhance and extend the production profile of the Morelos Complex. Jody [...]
Torex Gold Resources reports the Company's financial and operational results for the three months and year ended Dec 31, 2024. Torex will host a conference call tomorrow morning at 9:00 AM to discuss the results. Jody Kuzenko, President & CEO of Torex, stated: "2024 marked another year of consistently strong operational results from Morelos. With gold production of more than 452,000 ounces, we met our annual guidance for [...]