High Grade Gold Mineralization At Media Luna

 

TORONTO, ON - Torex Gold Resources Inc. has recently intersected several of the highest grade gold intercepts drilled thus far at the Media Luna and Media Luna West targets at the Company's Morelos Gold Project in Mexico. At Media Luna, borehole ML-35 intersected 30.31 g/t Au over 21.0m; borehole ML-79 intersected 15.56 g/t Au over 12.2m; borehole ML-11A intersected 28.60 g/t Au over 5.2m. At Media Luna West, borehole MLW-02 intersected15.68 g/t Au over 5.9m. The gold and gold equivalent values for the 23 boreholes being reported.

Fred Stanford, President & CEO of Torex stated: "the Company's focus on drilling the magnetic anomalies in the Media Luna Area has been very successful in discovering both high grade gold intersections and thick intervals of potentially economic gold mineralization. The two magnetic anomalies drilled to date, which cover approximately 391 hectares, appear to represent very large gold mineralizing systems that warrant extensive additional drilling to define the size and grade of the gold zones. In addition, there are several untested magnetic anomalies that appear to have similar potential." He added, "the drilling within the magnetic anomalies has resulted in the discovery of local areas containing very high-grade gold along with significant copper and silver values. The drilling along the edges and outside of the magnetic anomalies has allowed the Company to start to define the boundaries of the large Media Luna gold mineralized areas. The focus of the on-going exploration will continue to drill test the length and width of the Media Luna and Media Luna West magnetic anomalies and to initiate testing of additional highly prospective magnetic anomalies in the area."