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: | 11/20/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 20-11-2018: Torex Gold Resources Inc. announces an Exploration/Drilling Update report for its El Limon Sub-Sill deposit at the Morelos project. Drilling results incl. 8.1m @ 30.2g/t Au, 37.9g/t Ag, 4.3% Cu from 106.56m. TORONTO, Ontario, November 20, 2018 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dawson Proudfoot (Internal) | |
| ABSTRACT: | TORONTO, Ontario, November 20, 2018 – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX:TXG) announces the results from 57 holes, from its in-fill and step-out drilling programs in the Sub-Sill Zone of its El Limón Guajes (ELG) Underground Mine in Southwest Mexico. Highlighted intercepts from this program include 30.2g/t Au over 8.1 m in borehole SST-101, 48.9g/t Au over 3.6 m in borehole SST-118 and 34.4g/t Au over 4.6m in borehole SSUG-059. The deposit remains open in several directions. Fred Stanford, President and CEO of Torex stated: “Today’s results confirm the potential to expand resources in the Sub-Sill Zone. The drilling program continues to discover new skarn zones and the deposit remains open in both down-dip and down-plunge directions. Down-dip is expected to be the higher priority for near term programs with a purpose of adding to reserves. The 57 holes reported today represent all Sub-Sill results received up to September 5, 2018. The results come from four drill programs, each with a different purpose. First is near reserve in-fill drilling with a purpose of upgrading inferred resources to the indicated category for near term inclusion in reserves. Second is in-fill drilling in nearby resource areas with a purpose of upgrading known mineralization to the inferred category. Third is step-outs from known mineralization. Fourth is large step-outs from known mineralization with a purpose of testing the extent of the mineralizing system. Results from all these programs are included in this set of 57 holes. | |
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