Business
Torex Gold Resources Reports Year-End 2025 Reserves & Resources
ELG Underground continues to deliver; inaugural Inferred Resource declared at Media Luna West; Los Reyes added to the resource base (All amounts expressed in U.
About this update from Torex Gold Resources Inc.
[{"type":"text","content":" ELG Underground continues to deliver; inaugural Inferred Resource declared at Media Luna West; Los Reyes added to the resource base (All amounts expressed in U.S. dollars unless otherwise stated) Toronto, Ontario--(Newsfile Corp. - March 24, 2026) - Torex Gold Resources Inc. (the \"Company\" or \"Torex\") (TSX: TXG) (OTCQX: TORXF) is pleased to report year-end 2025 mineral reserves and resources for the Company's flagship Morelos Complex (\"Morelos\") as well as mineral resources for the Los Reyes Project (\"Los Reyes\"). Table 1: Year-over-year comparison of mineral reserves & mineral resources Current Previous Variance Tonnes AuEq AuEq Tonnes AuEq AuEq Tonnes AuEq AuEq (kt) (gpt) (koz) (kt) (gpt) (koz) (kt) (gpt) (koz) Proven & Probable Reserves Morelos 39,653 3.80 4,839 40,408 3.92 5,096 (2%) (3%) (5%) Los Reyes - - - - - - - - - Total 39,653 3.80 4,839 40,408 3.92 5,096 (2%) (3%) (5%) Measured & Indicated Resources Morelos 53,146 4.25 7,262 45,679 5.06 7,431 16% (16%) (2%) Los Reyes 49,042 1.30 2,047 - - - - - - Total 102,188 2.83 9,309 45,679 5.06 7,431 124% (44%) 25% Inferred Resources Morelos 22,057 4.10 2,906 16,526 4.22 2,243 33% (3%) 30% Los Reyes 17,210 1.38 765 - - - - - - Total 39,267 2.91 3,671 16,526 4.22 2,243 138% (31%) 64% Notes to Table: A full breakdown of mineral reserves and resources including tonnes, grades, and contained metal as well as accompanying notes can be found in Tables 7 and 8 of this release. Gold equivalent (AuEq) mineral reserves and resources take into account respective metal prices and metallurgical recoveries for gold, silver, and copper. AuEq formulas for mineral reserves and mineral resources for Morelos and Los Reyes can be found in Tables 7 and 8 of this release. Mineral resources are reported inclusive of mineral reserves, excluding stockpiles. Year-end mineral reserves and resources as well as year-over-year variance are subject to rounding. Jody Kuzenko, President & CEO of Torex, stated: \"We continue to enhance and extend our long-term production profile through a systematic approach to exploration and resource drilling which has, once again,...