Torex Gold Resources Reports Positive Drill Result at Limon-Guajes
Torex Gold Resources Inc announced drill results from the ongoing 2020 exploration program at the Company’s El Limon-Guajes underground mine, which
includes the Sub-Sill deposit and the El Limon Deep deposit. Infill drilling at Sub-Sill returned positive results, with drilling intersecting similar grades and widths as within previous drill holes. Step-out drilling successfully extended known mineralization at Sub-Sill below the previous deepest hole, while continuing to extend the strike length of ELD. Skarn mineralization at both Sub-Sill and ELD remains open at depth.
Highlights from the latest round of drill results include 30.7 grams of gold per tonne over 9.1 metres in SST-162; 13.1 g/t Au over 28.5 m in SST-180; 23.9 g/t Au over 12.2 m and 14.9 g/t Au over 18.9 m in SST-169; 17.0 g/t Au over 15.4 m in SST-177; 21.6 g/t Au over 11.8 m in SST-189; and 16.0 g/t over Au 13.2 m in LDUG-071.
Torex Gold President & CEO Jody Kuzenko said “We are pleased with the updated results from the 2020 underground exploration program at ELG, which reinforces confidence in our ability to extend the life of both Sub-Sill and ELD beyond current reserves. Drill results from Sub-Sill continue to impress, with step-out drilling extending known mineralization at depth a further 70 m, to a total of 300 m below current reserves. Infill drilling around previously drilled holes returned intersections with similar grades and widths. Our near-term mine planning focus at ELG is centered around maintaining a consistent production profile year over year, including during the transition period between ELG and Media Luna. These results are yet another step in demonstrating this potential as we target ongoing production of at least 20,000 ounces of gold per quarter from the ELG underground.”