Torex Gold Resources Inc. (TXG) Closes the Market

Company Overview - Torex Gold Resources Inc. is an intermediate gold producer based in Canada, focusing on the exploration, development, and operation of its 100% owned Morelos Property, which spans 29,000 hectares in the Guerrero Gold Belt, located 180 kilometers southwest of Mexico City [2][3]. Key Assets - The principal asset of the company is the Morelos Complex, which includes the producing Media Luna Underground, ELG Underground, and ELG Open Pit mines, as well as the development stage EPO Underground Project and a processing plant [3]. Production and Development - Commercial production from the Morelos Complex commenced on April 1, 2016, and an updated Technical Report for the Morelos Complex was released in March 2022 [3]. Strategic Objectives - Torex's strategic objectives include delivering Media Luna to full production, building EPO, optimizing production and costs at Morelos, growing reserves and resources, disciplined growth and capital allocation, attracting top industry talent, and leading in responsible mining [4]. Growth and Diversification - The company aims to realize the full potential of the Morelos Property while seeking opportunities to acquire assets that enable diversification and deliver value to shareholders [4].