Commodities
Torex Gold Reports Q2 2026 Production Results
Operations tracking to plan with a strong second half expected, supported by higher grades(All amounts expressed in U.S. dollars unless otherwise stated)Toronto, Ontario--(Newsfile Corp. - July 7, 2026) - Torex Gold Resources Inc. (the "Company" or "Torex") (TSX: TXG) (OTCQX: TORXF) reports second quarter 2026 gold equivalent ("AuEq") production of 96,297 ounces ("oz") and AuEq sales of 91,646 oz.1 On a year-to-date basis, the Company has produced and sold 197,171 oz AuEq and 200,868 oz AuEq,...
About this update from Torex Gold Resources Inc.
Operations tracking to plan with a strong second half expected, supported by higher grades (All amounts expressed in U.S. dollars unless otherwise stated) Toronto, Ontario--(Newsfile Corp. - July 7, 2026) - Torex Gold Resources Inc. (the "Company" or "Torex") (TSX: TXG) (OTCQX: TORXF) reports second quarter 2026 gold equivalent ("AuEq") production of 96,297 ounces ("oz") and AuEq sales of 91,646 oz.1 On a year-to-date basis, the Company has produced and sold 197,171 oz AuEq and 200,868 oz AuEq, respectively.2 With grades and gold recoveries expected to improve through the second half of the year, the Company remains on track to achieve full-year production guidance of 420,000 to 470,000 oz AuEq.3 TABLE 1: PRELIMINARY SECOND QUARTER 2026 OPERATIONAL RESULTS1 Financial and operational results for the second quarter 2026 will be released after market close on Thursday, August 6, 2026. Andrew Snowden, President & CEO of Torex, stated: "Second quarter operational results tracked broadly to plan as we continued to mine through lower-grade and lower gold-recovery areas of Media Luna, with quarterly production of 96,297 oz AuEq. We remain confident in our plan to achieve full-year production guidance of 420,000 to 470,000 oz AuEq as mined grades improve through the third quarter and increase further during the fourth quarter. "Production rates remained consistently strong through the quarter. Mining rates averaged approximately 3,000 tonnes per day ("tpd") at ELG Underground and 7,700 tpd at Media Luna, with development and backfill activities at both mines tracking well to plan. Throughput at the processing plant exceeded design levels averaging 10,793 tpd. "With production tracking to plan and improving grades, the results of the Los Reyes preliminary economic assessment to be released imminently, Media Luna North on schedule to deliver first ore before year-end, and our exploration programs advancing across our portfolio, we're well positioned to deliver a strong second half of the year as we continue to execute on our strategy."
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