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Torex Gold Resources Inc.
Summary
| Project: | Morelos | |
|---|---|---|
| Deposit: | El Limon Guajes | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 11/21/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 21-11-2019: Torex Gold Resources Inc. announces an Exploration/Drilling Update report for its El Limon Guajes deposit at the Morelos project. Drilling results incl. 6.1m @ 35.17g/t Au, 49.1g/t Ag, 3.64% Cu from 282.0m. TORONTO, Ontario, November 21, 2019 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Lars Weiershauser (Internal) | |
| ABSTRACT: | TORONTO, Ontario, November 21, 2019 – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces results from the 2019 drill program at the Sub-Sill deposit, at the Company’s El Limón Guajes complex in Mexico. The 2019 program successfully extended known mineralization 300 metres below existing reserves. Highlights from the latest round of drill results include 35.1 g/t Au over 6.1 metres in SST-156, 21.6 g/t Au over 3.5 metres in SST-135, 19.5 g/t Au over 5.9 metres in SST-139, 15.7 g/t Au over 5.2 metres in SST-132, and 13.8 g/t Au over 12.8 metres in LDGU-047. Mineralization at Sub-Sill remains open at depth and along strike. Fred Stanford, President & CEO of Torex Gold, stated: “The down-dip extensions of the mineralization of both Sub-Sill and El Limón Deep (ELD), the latter highlighted in a press release earlier this month, are very encouraging. Sub-Sill has been an excellent ‘sweetener’ to the high-grade open pits. In the first three quarters of 2019, the deposit has contributed more than 60,000 ounces of gold production. The latest drill results show the potential of Sub-Sill to continue to be a sweetener well into the future. ELD is going to be a nice sweetener as well, and it is just getting started. “The first long-hole open-stope blast in ELD took place this week. In December, the site teams will be trialing the removal of ore from the stope utilizing the production aspects of the Muckahi Mining System. These are exciting times with drilling highlighting the potential to mine new zones of mineralization as well as testing of Muckahi, which has the potential to materially lower the cost of underground mining.” | |
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