Torex Gold Resources Inc TSX:TXG announced assay results from the El Limon Deposit of its Morelos Gold Project in Mexico. Highlights include 11.47 g/t gold over 9.1 metres, 3.15 g/t over 11.1 metres, 6.04 g/t over 45 metres, 4.8 g/t over 28.7 metres, 2.06 g/t over 17.8 metres, 2.29 g/t over 54.6 metres, 1.5 g/t over 16.5 metres, 9.91 g/t over 21 metres, 7.03 g/t over 55.9 metres and 11.47 g/t over 9.1 metres.
President/CEO Fred Stanford remarked, “We are very pleased that over the past several months we have been able to announce successful step-out and infill drilling at two of our three Morelos deposits, El Limon and Guajes East; both of which remain open in several directions. Drilling at the third deposit, Guajes West, started recently and results will be reported as they become available. Today’s near surface, high grade results at El Limon move us closer toward our goal of increasing the global resources north of the Balsas River to our target of five million ounces. Seven drills will continue this effort north of the Balsas River, while four drills are focusing on finding new gold deposits south of the river.”
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by Ted Niles