For thousands of other reports visit RSC's Mineral Intellingence Map
Torex Gold Resources Inc.
Summary
| Project: | Morelos | |
|---|---|---|
| Deposit: | El Limon Sub-Sill | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 9/19/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 19-9-2017: Torex Gold Resources Inc. announces an Exploration/Drilling Update report for its El Limon Sub-Sill deposit at the Morelos project. Drilling results incl. 29.3m @ 32.2g/t Au, 33.1g/t Ag, 1.6% Cu from 84.51m. TORONTO, Ontario, September 19, 2017 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mark P. Hertel (Independent) | |
| ABSTRACT: | TORONTO, Ontario, September 19, 2017 – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX:TXG) is pleased to announce high grade intercepts in the step-out drilling in the quadrant to the northwest of the current Sub-Sill resource area, associated with its El Limon-Guajes Mine (ELG) in Southwest Mexico. Fred Stanford, President & CEO of Torex stated: “The current Sub-Sill resource estimate area is approximately 250m x 150m. The high grade results from the step-out drilling in the quadrant to the NW of the resource area, including a 240m step-out borehole, certainly confirm the potential for additional resources in this direction. Step-out drilling near the resource in the NE quadrant intercepted granodiorite in the target area. Longer range step-out drilling is planned to determine whether the intrusive rocks continue in this direction, or if skarn exists on the ‘other side’ of a localized intrusion. To the SW, several boreholes have been drilled and we are waiting for assays. To the SE, we will wait until after the rainy season to drill in this area.” He added – “These are exciting times for the Sub-Sill program, we look forward to the upcoming update to the resource and the subsequent mine plan to convert those resources to reserves. Both are expected before year end 2017. In the meantime, step-out drilling will continue, as will underground mining activities to install infrastructure and extract mineral for processing.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report