The World Gold Council, the market development organisation for the gold industry, announces Torex Gold Resources Inc. (‘Torex Gold’) has joined its Board of Members.
Torex Gold is an intermediate gold producer based in Canada, engaged in the exploration, development and operation of its 100% owned Morelos Gold Property in the Guerrero Gold Belt in Mexico. The Company’s principal assets are the El Limón Guajes mining complex and the Media Luna deposit, an early stage development project. Torex Gold is currently the second-largest gold producer in Mexico.
Randy Smallwood, Chair of the World Gold Council, commented: “I am delighted to welcome Torex Gold to the World Gold Council. They play an important role in the production and exploration of gold in Mexico and have exciting and ambitious growth plans. I look forward to working with them.”
“The World Gold Council has taken the lead in reinventing our industry by demanding that member companies adhere to the highest standards of ethics and corporate responsibility,” said Jody Kuzenko, President and CEO of Torex Gold. “We look forward to collaborating with the Council and its Membership to demonstrate the important role gold companies play in making a positive and lasting difference in our host communities and society as a whole.”
You can follow the World Gold Council on Twitter at @goldcouncil and Like on Facebook.
ENDS
For further information please contact:
Stephanie Cadman, Corporate Communications
World Gold Council
T +44 20 7826 4740
E [email protected]
Dan Rollins, VP Corporate Development & Investor Relations
Torex Gold Resources Inc.
T: + 1 647 260-1503
E: [email protected]
Note to editors:
The World Gold Council
The World Gold Council is the market development organisation for the gold industry. Our purpose is to stimulate and sustain demand for gold, provide industry leadership and be the global authority on the gold market.
We develop gold-backed solutions, services and products, based on authoritative market insight and we work with a range of partners to put our ideas into action. As a result, we create structural shifts in demand for gold across key market sectors. We provide insights into the international gold markets, helping people to understand the wealth preservation qualities of gold and its role in meeting the social and environmental needs of society.
The membership of the World Gold Council includes the world’s leading and most forward-thinking gold mining companies.
About Torex Gold Resources Inc.
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 kilometres southwest of Mexico City.
The Company’s principal assets are the El Limón Guajes mining complex (“ELG” or the “ELG Mine Complex”), comprising the El Limón, Guajes and El Limón Sur open pits, the El Limón Guajes underground mine including zones referred to as Sub-Sill and ELD, and the processing plant and related infrastructure, which commenced commercial production as of April 1, 2016, and the Media Luna deposit, which is an early stage development project, and for which the Company issued an updated preliminary economic assessment in September 2018 (the “Technical Report”). The property remains 75% unexplored.
