Month: July 2022

Jody Kuzenko, President & CEO stated: “A key pillar of the Torex strategy is a renewed focus on drilling and exploration, and our latest drilling results at the Media Luna Cluster reinforce our positive outlook on our ability to complement future production at Media Luna. With the construction of the project well underway, we are stepping out beyond the existing mine resource footprint on the south side of the Balsas River, testing extensions of the Media Luna and EPO deposits, conducting initial drilling at previously identified targets, and identifying new exploration targets – all with the aim of demonstrating the underlying resource potential of the Morelos Property.”

“Vizsla continues to test target areas in the Central portion of the district in parallel with resource growth at Napoleon and Tajitos-Copala”, commented Michael Konnert, President and CEO. “These wide, high-grade intersections announced today are the reward for this strategy, with San Antonio demonstrating that the Cordon del Oro Corridor has significant potential to become another important resource centre at Panuco.”

“Sonora is well known for cost-effective mines that can operate open pits with grades below 0.5 g/t Au with very favourable production costs. Seeing this broad low-grade mineralization and higher-grade within gives us a lot of confidence in the potential we have here.”

“Our continued drilling program at El Favor East shows additional positive results. Our program is also focussing on Gran Cabrera in the northerly section of Los Ricos North, and we expect to provide an update on that shortly,” said Brad Langille, President and CEO. “In addition to our drilling, we continue to work on consolidation of additional ground in Los Ricos South and expect to have an update on this in the coming weeks.”