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Torex Gold Resources Inc T.TXG

Alternate Symbol(s):  TORXF

Metals & Mining Gold
Torex Gold Resources Inc. is a Canada-based intermediate gold producing company, which is engaged in exploration, development, and operation of its Morelos Gold Property. The Morelos Gold property covers an area of approximately 29,000 hectares in the prospective Guerrero Gold Belt located 180 kilometers southwest of Mexico City. The Company’s principal assets are the El Limon Guajes mining complex (ELG or the ELG Mine Complex), comprising the El Limon, Guajes and El Limon Sur open pits. The Company also hosts the Media Luna deposit, which is an advanced stage development project located approximately seven kilometers from ELG. The Company’s El Limon Guajes underground mine includes Sub-Sill and El Limon Deep, and processing plant and related infrastructure, and the Media Luna deposit.


TSX:TXG - Post by User

Torex Gold Resources Inc
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Post by hazyhazyon Jul 02, 2021 4:08pm
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Post# 33485646

Equinox Los Filos Blockade drags down Torex

Equinox Los Filos Blockade drags down TorexTorex UG (underground) continues to grow... Oct-Nov 2019-20 positive drill News expands Ore Body but almost no Reserves?  Delivers 80,000 Oz / 430,000 = 18% Annual Production.  Hoping to see Torex Follow Thru: Extending mine life of ELG a key focus, Accelerated underground drill program and studying potential to expand El Limn pit... Sadly, Updated mine plan for ELG to be released in conjunction with Media Luna feasibility study in Q1 2022...  Keep Open Pit running until Ore Grade falls from 3 gram/ton to 0.5???  Silver - Copper recovery is almost Zilch without Floatation Circuit Add-on... 2023...  Underground Drill results had 3% Copper... at ELG.  Equinox was processing 0.3 g/t... Open pit... at $1200/oz vs Torex at $600/oz in Q1...
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