Torex Continues To Expand The El Limon Deposit
TORONTO, ON - Torex Gold Resources Inc. continues to encounter high grade gold mineralization as it defines and expands its El Limon deposit in Mexico. Drilling results suggest the continued eastern extension of the southern end of the deposit, and a new opportunity with a south-western extension. These results indicate the potential to add significant ounces to the upcoming resource estimate scheduled for March of 2012.
Significant mineralized intervals at the eastern end of the deposit include 18.01g/t over 8.0m including 29.23g/t over 3.20m in borehole TMP-1241, 5.08g/t over 23.3m including 31.75g/t over 3.0m in borehole TMP-1222 and 6.38g/t over 10.6m including 36.97g/t over 1.4m in borehole TMP-1228.
"These excellent results from our largest deposit continue to give us the confidence that we will attain the 5.0 million ounces of gold (M&I) in our new resource estimate" said Fred Stanford, President & CEO of Torex. "We are also paying particular attention to the results from borehole TMP-1138 to the southwest of the deposit. The results from this borehole, support our model that the mineralization 'rings around' the intrusion and provides initial indication that the mineralization may continue towards the south in the direction of the Balsas River, similar to previously reported results at our Guajes West deposit," he added.