Torex Gold Resources Inc.

Torex Gold Resources Inc. announces that three of its founding Directors - Andrew Adams, Michael Murphy , and Fred Stanford - will not stand for reelection at the Company's annual shareholder meeting in June 2021. At the same time, Fred Stanford will resign from his executive role with the Company. Richard Howes, currently Lead Independent Director, will stand for nomination as Chair at the upcoming AGM. Fred Stanford [...]

Torex Gold Resources Inc. is pleased to announce that the Company has entered into a commercial lease agreement with Scatec, a leading, publicly traded global renewable energy producer , using their innovative and flexible Release solution, to build a new 8.5 megawatt solar plant at its Morelos property, which includes the El Limon Guajes mine and Media Luna project. The new plant is expected to reduce Scope 2 greenhouse [...]

Torex Gold Resources Inc. reports Q1 2021 gold production of 129,500 ounces, which is the Company's highest first quarter of production on record. During the quarter, Torex sold 129,010 ounces of gold at an average realized price of $1,775 per ounce. With the strong start to the year, Torex is well-positioned to achieve full year production guidance of 430,000 to 470,000 ounces of gold in 2021. TABLE 1: Q1 2021 [...]

Torex Gold Resources Inc. announces that the Company has received approval from Mexico's Secretariat of Environment and Natural Resources on the amendment of a key environmental permit for its Media Luna project. The approval allows for construction activities beyond the boundary of the Company's existing permit, which is necessary for the continuation of the early works program to access the Media Luna deposit. Jody [...]

Torex Gold Resources Inc. is pleased to announce that the Company has repaid early the remaining $40 million of debt in relation to the 2019 Debt Facility and is now debt free other than approximately $5 million of finance leases. In addition, the Company's wholly-owned subsidiary Minera Media Luna, S.A. de C.V. has signed a Third Amended and Restated Credit Agreement with the same syndicate of lenders comprised of the [...]

Torex Gold Resources Inc. reports that in 2020, total Proven & Probable gold reserves for the Company's El Lim?n Guajes Complex declined 15% year-over-year primarily due to depletion, with ongoing exploration success driving a 15% increase in underground reserves, and ore processed resulting in a 20% decline in open pit reserves. Jody Kuzenko, President & CEO of Torex, stated: "The year-over-year decline in gold reserves [...]

Torex Gold Resources Inc. announces results from the 2020 infill drilling program at Media Luna. The primary purpose of the infill program was to upgrade Inferred Mineral resources to the Indicated category within Media Luna Upper . The program follows on the 2017-2019 infill program carried out in Media Luna Lower , which resulted in a maiden Indicated resource of 2.24 million gold-equivalent ounces. Jody Kuzenko [...]

Torex Gold Resources Inc. reports financial and operational results for the three months and year ended December 31, 2020. Jody Kuzenko, President & CEO of Torex, stated: "2020 was a record-breaking year for many aspects of our business despite the challenges associated with COVID-19. Gold sales of 437,310 ounces at a realized gold price of $1,771/oz resulted in revenue of $789 million, a 23% increase from last year and [...]

Torex Gold Resources Inc. announces that it will release its fourth quarter and year end 2020 financial and operational results early morning on Wednesday February 24, 2021 followed later in the morning by a conference call hosted by senior management. Fourth Quarter and Year End 2020 Conference Call and Webcast Details A conference call and webcast to discuss the fourth quarter and year end 2020 financial and operational [...]

Today, Torex Gold Resources Inc. announces that the release of the Morelos Technical Report , including the Media Luna feasibility study, has been rescheduled from mid-2021 to Q1 2022. Rescheduling the release of the Technical Report will allow for the inclusion of additional results from the 2021 infill drill program at Media Luna, an updated mine plan for El Lim?n Guajes including a potential layback in the El Lim?n pit [...]