Torex Gold Resources Inc TSX:TXG announced results from its Morelos Gold Project in Mexico. Highlights include 7 g/t gold over 62.9 metres (including 8.19 g/t over 53 metres), 6.82 g/t over 19.1 metres (including 17.28 g/t over 4.5 metres), 15.73 g/t over 7.5 metres and 6.44 g/t over 13.8 metres (including 7.81 g/t over 10.8 metres).
President/CEO Fred Stanford commented, “The possible continuation of high-grade mineralization between our Guajes East and Guajes West deposits continues to be supported with positive drill intersections between the two deposits. We expect to have sufficient drilling capacity for the rest of the year to complete the planned 2011 drill program on the three known Morelos Gold Project deposits north of the Balsas River by the end of calendar 2011. We also expect to resume drilling south of the Balsas River during the fourth quarter of calendar 2011 and we will, as drilling is completed on the known deposits north of the river, deploy those rigs south of the river, on high potential gold targets in the search for new discoveries.”
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or Gabriela Sanchez
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by Greg Klein