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Torex Gold Reports Year-End 2024 Reserves & Resources
Drilling success continues to support reserve life extensions (All amounts expressed in U.S. dol...
About this update from Torex Gold Resources Inc.
[{"type":"text","content":"Torex Gold Reports Year-End 2024 Reserves & ResourcesDrilling success continues to support reserve life extensions(All amounts expressed in U.S. dollars unless otherwise stated)Toronto, Ontario--(Newsfile Corp. - March 19, 2025) - Torex Gold Resources Inc. (the \"Company\" or \"Torex\") (TSX: TXG) is pleased to report year-end 2024 mineral reserves and resources for the Morelos Complex, which includes the producing El Limón Guajes (\"ELG\") Mine Complex (consisting of the ELG Open Pits and ELG Underground), Media Luna Underground mine, development phase EPO Underground deposit, and surface stockpiles.Table 1: Year-over-year comparison of mineral reserves & mineral resources for the Morelos ComplexDecember 31, 2024December 31, 2023VarianceTonnesAuEqAuEqTonnesAuEqAuEqTonnesAuEqAuEq(kt)(gpt)(koz)(kt)(gpt)(koz)(kt)(gpt)(koz)Proven & Probable ReservesMedia Luna Underground24,1804.263,31123,5694.433,3603%(4%)(1%)ELG Underground4,0195.126623,5045.8165415%(12%)1%EPO Underground5,0294.83781---nananaELG Open Pit9452.69825,5533.16565(83%)(15%)(86%)Surface Stockpiles6,2351.302614,9721.2019225%8%36%Total Morelos Complex40,4083.925,09637,5983.954,7717%(1%)7%Measured & Indicated Resources         Media Luna Underground29,1145.074,74427,4515.234,6186%(3%)3%ELG Underground8,4515.201,4148,1765.481,4413%(5%)(2%)EPO Underground7,0605.181,1766,9795.141,1531%1%2%ELG Open Pit1,0542.86976,1103.13615(83%)(9%)(84%)Total Morelos Complex45,6795.067,43148,7175.007,828(6%)1%(5%)Inferred Resources         Media Luna Underground7,6754.121,0177,3304.251,0015%(3%)2%ELG Underground1,9614.302712,3965.28407(18%)(19%)(33%)EPO Underground6,8834.319544,9604.5272139%(5%)32%ELG Open Pit63.6513992.0827(98%)75%(97%)Total Morelos Complex16,5264.222,24315,0854.452,15610%(5%)4%Notes to Table:1. Gold equivalent (AuEq) mineral reserves and resources take into account respective metal prices and metallurgical recoveries for gold, silver, and copper (see Table 7 and Table 8).2. Mineral resources are reported inclusive of mineral reserves, excluding stockpiles.3. The reader is cautioned not to misconstrue this tabulation as a mineral reserve or a mineral resource statement. Tonnes, grades, and contained metal are shown for comparison purposes only.4. Year-end mineral reserve...