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Torex Gold Resources Inc T.TXG

Alternate Symbol(s):  TORXF

Torex Gold Resources Inc. is a Canada-based intermediate gold producing company, which is engaged in the exploration, development, and operation of its 100% owned 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

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Post by camcaper1on Dec 29, 2015 10:16am
50 Views
Post# 24416348

NEWS Torex Announces First Gold Pour At El Limon-Guajes Mine

NEWS Torex Announces First Gold Pour At El Limon-Guajes Mine

Torex Gold Resources Inc. (TSX: TXG)announces its first gold pour of an estimated 350 ounces, and a similar amount of silver, in dore from its El Limon-Guajes Mine in Mexico. The entire processing circuit, from crushing through to dry stack tailings disposal, is now operational, the company says. “For the uninitiated, it can be difficult to envision the number and size of the hurdles that they must clear in order to build a mine, plant, and infrastructure of this scale and complexity,” says Fred Stanford, president and chief executive officer. Commercial production is expected to be achieved on schedule in the second quarter. Torex is a growth-oriented, Canadian-based resource company engaged in the exploration and development of its 100% owned Morelos Gold Property, an area of 29,000 hectares in the Guerrero Gold Belt located 180 kilometers southwest of Mexico City.

https://www.kitco.com/news/2015-12-29/Torex-Announces-First-Gold-Pour-At-El-Limon-Guajes-Mine.html


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