Torex Gold (TSE:TXG) has released an update.
Torex Gold’s 2023 drilling program at ELG Underground has yielded promising results, enhancing the mine’s resource potential and indicating the possibility of extending its life beyond 2027. Significant high-grade gold intercepts, including 29.88 gpt AuEq over 9.6m, highlight the continued success of the exploration efforts, which could lead to increased annual gold production. The program’s outcomes have bolstered the company’s strategy to optimize mine life and leverage existing infrastructure for resource expansion.
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