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 [...]
Solidly on track to deliver full-year production guidance following strong third quarter results Torex Gold Resources Inc. reports Q3 2024 gold production of 119,412 ounces and gold sold of 122,130 oz. With year-to-date gold production of 348,728 oz, the Company is on track to achieve annual gold production guidance of 400,000 to 450,000 oz. TABLE 1: PRELIMINARY THIRD QUARTER 2024 OPERATIONAL RESULTS Q3 2024 Mining ELG [...]
Caroline Donally brings extensive mining sector experience in commerce and financial markets Torex Gold Resources Inc. is pleased to announce the addition of Caroline Donally CA to its Board of Directors effective October 1, 2024. Rick Howes, Chair of the Board, stated: "Caroline is an experienced executive and director with a proven track record of value creation in the mining sector. She brings highly specialized [...]
Updated mine plan shows a robust long-term production profile that comes with a low risk, capital efficient development plan for EPO Torex Gold Resources Inc. reports an updated life-of-mine plan for the Morelos Complex which incorporates the EPO underground deposit following completion of an internal pre-feasibility study on the deposit. The Company will be hosting an Analyst & Investor Day tomorrow morning at 10:00 AM [...]
Torex Gold Resources Inc. announces that on the morning of August 29th, a fatal injury occurred involving a contract worker within the Guajes Tunnel. Jody Kuzenko, President & CEO of Torex, stated: "We are deeply saddened by the death of a 40-year-old male contractor who suffered fatal injuries while working in the Guajes Tunnel and our thoughts are with his family and friends. Our full support is being provided to his [...]