Media Luna | Jotup

Torex Gold Reports Successful Breakthrough of Guajes Tunnel Three Months Ahead of Schedule

Retrieved on:

Friday, December 22, 2023

Balsas River, Movement, Balsas, Technical report, Media Luna, TSX, Tunnel

TORONTO, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces that the successful breakthrough of the Guajes Tunnel was completed last night.

Key Points:

TORONTO, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces that the successful breakthrough of the Guajes Tunnel was completed last night.
Jody Kuzenko, President and CEO of Torex, stated:
“Breakthrough of the Guajes Tunnel is a critical milestone in the development of the Media Luna Project, which remains on track for first concentrate production in late 2024.
“Breakthrough of the Guajes Tunnel was achieved three months earlier than scheduled in the March 2022 Technical Report, primarily driven by the world-class advance rates achieved by our team.
“I would like to personally thank all employees, contractors and suppliers involved in driving the Guajes Tunnel for achieving this significant milestone safely and ahead of schedule.”

Torex Gold Reports Results from 2023 Exploration Drilling Program at Media Luna West

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Thursday, November 30, 2023

Copper, Architecture, Bureau Veritas, Database, AG, Sulfide, Resource, QA/QC, Granodiorite, Gold, Mesozoic, Metal, News, Quality, Digestion, Technical report, Media Luna, EPO, BV, Skin, Technical

TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) is pleased to provide results from the 2023 exploration drilling program at Media Luna West. The drilling results support the Company's strategy to further prove up the potential of the Media Luna Cluster and unlock additional near-mine opportunities in order to enhance the future production profile of the Morelos Complex and extend the reserve life beyond 2033.

Key Points:

The Media Luna West target is part of the Media Luna Cluster, hosted within the Mesozoic carbonate-rich Morelos Platform, overlayed by Cuautla and Mezcala formation, and which has been intruded by Paleocene stocks, sills, and dykes of granodioritic to tonalitic composition.
The style of mineralization at Media Luna West is characterized by gold with locally high silver and copper grades.
Torex has a sampling and analytical Quality Assurance/Quality Control (“QA/QC”) program in place that has been approved by BV and is overseen by Jennifer Betancourt, Chief Exploration Geologist for the Media Luna Project.
The program includes 5% each of Certified Reference Materials and Blanks; blind duplicates are not included, but Torex evaluates the results of internal BV laboratory duplicates.

Torex Gold Provides Quarterly Update on Media Luna Project

Retrieved on:

Monday, October 30, 2023

Technical report, Media Luna, HAZOP, Water, Technical, Hazard, Workforce, Balsas River, Engineering, Forecasting, Movement, Ventilation, KV, Cryptocurrency, Rail transport, Tunnel, Iron(II) sulfide

TORONTO, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) provides Q3 2023 update on the development of its Media Luna Project (“Media Luna”). Unless otherwise stated, progress and milestones referenced in this press release are as of September 30, 2023.

Key Points:

As of the end of September, there were twenty active headings, including eleven in Media Luna Lower and nine in Media Luna Upper.
As noted in the previous Media Luna update, plans for the early installation of the FeS flotation circuit and water treatment plant have been adjusted.
The current project plan relative to the Technical Report reflects the Company’s estimates for the completion of key project deliverables.
More detail on the Media Luna Project, including the feasibility study results, can be found in the Company’s most recent Technical Report dated effective March 16, 2022, filed on March 31, 2022 (“Technical Report”).

Torex Gold Reports Results From 2023 Drilling at EPO

Retrieved on:

Tuesday, September 5, 2023

Gold is analyzed at the BV facilities in Hermosillo, Mexico following internal analytical protocols (FA430) and comprises a 30g fire assay with an atomic absorption finish.

Key Points:

Gold is analyzed at the BV facilities in Hermosillo, Mexico following internal analytical protocols (FA430) and comprises a 30g fire assay with an atomic absorption finish.
Samples yielding results >10 g/t Au are re-assayed by fire assay with gravimetric finish (FA530-Au).
The program includes 5% each of Certified Reference Materials and Blanks; blind duplicates are not included, but Torex evaluates the results of internal BV laboratory duplicates.
Ms. Milla consents to the inclusion in this release of said data in the form and context in which they appear.

Torex Gold Provides Third Quarterly Update on Media Luna Project

Retrieved on:

Wednesday, July 26, 2023

Workforce, Technical report, McLean, Table tennis rubber, Movement, Ventilation, BEV, Media Luna, Engineering, Water, Balsas River, KV, Technical, CFE, Construction, Tunnel, Iron(II) sulfide

TORONTO, July 26, 2023 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) provides the third quarterly update on the development of its Media Luna Project (“Media Luna”). Unless otherwise stated, progress and milestones referenced in this press release are as of June 30, 2023.

Key Points:

Development of the main Media Luna Lower spiral ramp continued and was completed in mid-July.
The first 112 metre ventilation raise was completed in Media Luna Upper and the second 175 metre raise pilot was started.
As of the end of June, there were eighteen active headings, including six in Media Luna Lower and twelve in Media Luna Upper.
The current project plan relative to the Technical Report reflects the Company’s estimates for the completion of key project deliverables.

Torex Gold Reports Q2 2023 Production Results

Retrieved on:

Wednesday, July 12, 2023

Webcast, Gold, Media Luna, Nature, Cryptocurrency, Management, Q2

Financial and operational results for Q2 2023 will be released after market close on Wednesday, August 2, 2023.

Key Points:

Financial and operational results for Q2 2023 will be released after market close on Wednesday, August 2, 2023.
Jody Kuzenko, President & CEO of Torex, stated:
“We produced 107,507 oz of gold during Q2.
With production of 230,425 oz through the first half of 2023, we are on pace to achieve full year production guidance for the fifth consecutive year.
Torex plans to release its second quarter financial and operational results after market close on August 2, 2023.

Torex Gold Reports Positive Drilling Results from ELG Underground

Retrieved on:

Tuesday, July 11, 2023

TORONTO, July 11, 2023 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces assay results from the Company’s ongoing drilling program at the El Limón Guajes underground mine, including zones referred to as El Limón Deep (“ELD”), Sub-Sill, Sub-Sill South, El Limón Sur Deep, and El Limón West (collectively “ELG Underground”).

Key Points:

TORONTO, July 11, 2023 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces assay results from the Company’s ongoing drilling program at the El Limón Guajes underground mine, including zones referred to as El Limón Deep (“ELD”), Sub-Sill, Sub-Sill South, El Limón Sur Deep, and El Limón West (collectively “ELG Underground”).
Jody Kuzenko, President & CEO of Torex, stated:
“We are excited about the positive results from the ongoing drilling program at ELG Underground.
Through the end of May, approximately 34,300 meters and 177 holes were drilled as part of the 2023 drilling program at ELG Underground.
The excellent results from the 2022 drilling program and initial results from the 2023 drilling program, including high grade intersects in several of the underground deposits, have been instrumental in exploring the extent of the mineralization at depth.

Arizona Sonoran Appoints Bernie Loyer as Senior VP, Projects and Christopher White as Chief Geologist

Retrieved on:

Wednesday, June 7, 2023

The Company has appointed Harold (Bernie) Loyer as Senior VP Projects, replacing Ian McMullan as Chief Operating Officer and Christopher White as Chief Geologist to support Doug Bowden, VP Exploration.

Key Points:

The Company has appointed Harold (Bernie) Loyer as Senior VP Projects, replacing Ian McMullan as Chief Operating Officer and Christopher White as Chief Geologist to support Doug Bowden, VP Exploration.
As Senior VP Projects, he will lead the engineering, procurement and management resources in the development and execution of Arizona Sonoran’s project portfolio.
Arizonan Bernie Loyer joins ASCU from SolGold where he held the position of VP Projects leading the development of the Porvenir and Cascabel projects in Ecuador.
Prior to that, he held progressively senior roles as Senior Mine Geologist at Goldstrike, Nevada Gold Mines, focused on open pit geology and mapping, Geology Manager at Albemarle Corporation’s Kings Mountain and Senior Geologist / Acting Chief Geologist at Freeport McMoRan’s Bagdad Mine.

Torex Gold Provides Second Quarterly Update on Media Luna Project

Retrieved on:

Tuesday, May 2, 2023

Workforce, Table, Technical report, Technical Report Archive & Image Library, Orientation, Ventilation, Media Luna, Water, Pond, Engineering, Total project control, Balsas River, KV, Technical, Construction, Tunnel

TORONTO, May 02, 2023 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) provides the second quarterly update on the development of its Media Luna Project (“Media Luna”). Unless otherwise stated, progress and milestones referenced in this press release are as of March 31, 2023.

Key Points:

The Guajes Tunnel ventilation raise was completed and the pilot hole for the first ventilation raise within the Media Luna underground commenced.
As at the end of March, there were 18 active headings, including 6 in Media Luna Lower and 12 in Media Luna Upper.
Based on progress made during Q1 2023, the project execution plan is unchanged compared to the prior plan outlined within the inaugural Media Luna update press release published on February 9, 2023.
The current project plan relative to the Technical Report reflects the Company’s estimates for the completion of key project deliverables.

Torex Gold Reports Strong Start to 2023

Retrieved on:

Wednesday, April 12, 2023

Underground, Maintenance, Tax, EBITDA, Media Luna, Nature, Mining, Webcast, ELG, PTU, Uranium mining, Cryptocurrency

Financial and operational results for Q1 2023 will be released after market close on Wednesday, May 10, 2023.

Key Points:

Financial and operational results for Q1 2023 will be released after market close on Wednesday, May 10, 2023.
Jody Kuzenko, President & CEO of Torex, stated:
“We had an excellent start to 2023, with first quarter production of 122,918 ounces driven by record throughput in the processing plant and another quarterly record established on mining rates at the El Limón Guajes (“ELG”) Underground.
Torex plans to release its first quarter financial and operational results after market close on May 10, 2023.
A conference call and webcast hosted by senior management will be held on May 11, 2023 at 9:00 AM ET.