Member Company Profile

Torex Gold Resources Inc.

TXG:CN|Last Price: USD 11.88|Market Cap: USD 1.01 B

USD 5.76        USD 13.96


Gold Price: $1,437.65|Silver Price: $16.35|Platinum Price: $857.00|Palladium Price: $1,529.00|Gold:Silver: 87.9


Status: Producer|Primary Mineral: Gold|Primary Country of Operation: Mexico


Last Updated: September 19, 2018

  Print Profile

IR Contact

Gabriela Sanchez
+1 (647) 260-1500
[email protected]
www.torexgold.com

Address

130 King St. West, Suite 740
Toronto, ON M5X 2A2
Canada

Cautionary Information

© Copyright 2019, Denver Gold Group & Torex Gold Resources Inc..
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Torex is an intermediate gold producer based in Canada, engaged in the exploration, development and operation of its 100% owned Morelos Gold Property, an area of 29,000 hectares in the highly prospective Guerrero Gold Belt located 180 kilometers southwest of Mexico City. The Company’s principal assets are the El Limón Guajes mining complex (the “ELG Mine Complex”), comprised of the El Limón, Guajes and El Limón Sur open pits, the El Limón Guajes underground mine including zones referred to as Sub-Sill, El Limón Deep and 71, and the processing plant and related infrastructure, which is in the commercial production stage as of April 1, 2016, and the Media Luna deposit, which is an early stage development project, and for which the Company issued a preliminary economic assessment in 2015. The property remains 75% unexplored. ex

Value Drivers
  • Torex gold production guidance for 2018 is 325,000 oz to 350,000 oz at cash costs of $620-$640 per oz Au
  • Torex underground Su-Sill provides short-term, high-grade growth starting in 2019.
  • Torex Media Luna Project and its Muckahi Conceptual Mining System provides long term growth potential

Annual Production
Gold, oz per year
GEOs: Yes

Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: NI 43-101 , GEOs: Yes

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.

Top Shareholders
  • Van Eck
  • Tyrus Capital
  • Tocqueville Asset Management
Management
Chairman: Terry MacGibbon
CEO: Fred Stanford
CFO: Steven Thomas
COO: Jason Simpson
VP, Investor Relations: Gabriela Sanchez
VP, Human Resources: Anne Stephen
VP, CR: Mark Thorpe
VP, Engineering: Dawson Proudfoot
Legal Counsel and Corporate Secretary: Mary Batoff
More Detail
Capital Structure
Common Shares Outstanding: 80,000,000
Float (%): 100.00
Fully Diluted Shares: 80,000,000

IR Contact

Gabriela Sanchez
+1 (647) 260-1500
[email protected]
www.torexgold.com

Address

130 King St. West, Suite 740
Toronto, ON M5X 2A2
Canada

Cautionary Information

© Copyright 2019, Denver Gold Group & Torex Gold Resources Inc..
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.