Torex Gold Discovers New Structures at ELG Underground

Canada-based gold-focused company Torex Gold announced further high-grade assay results from its 2025 drilling program at the ELG Underground, where drilling is focused on the El Limon Sur and Sub-Sill trends. The company stated the results support its goal of extending the mine life of the deposit beyond 2029.

Torex Gold announced the discovery of two new second-order mineralized structures running parallel to the main trends. Intercepts from these new structures include 21.2m grading 28.13g/t AuEq and 24.6m grading 17.06g/t AuEq. "We continue to be impressed by the drilling results at ELG Underground. The discovery of second-order mineralized structures parallel to the El Limon Sur and Sub-Sill trends underpins our belief that we have yet to unlock the full geologic potential of this deposit. Importantly, the drilling results along these newly discovered structures are returning exceptional grades," said Jody Kuzenko, President and CEO, Torex Gold.

The company also reported that drilling at the main El Limon Sur and Sub-Sill trends continues to extend known mineralization both laterally and at depth. Notable intercepts include 1.6m at 37.97g/t AuEq at depth in the El Limon Sur Trend and 2.7m at 50.73g/t AuEq in the Sub-Sill Trend.

Torex Gold budgeted US$12 million for drilling at ELG Underground in 2025, with four rigs currently active. The results released cover 25,163m drilled between February and July 2025, with assays for 36,086m of the 48,000m program now reported. The company expects the results to contribute to the year-end mineral reserves and resources update in March 2026.