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Torex Gold Resources Encounters High-Grade Gold at Morelos Project, Mexico

Torex Gold Resources has stepped out the first drilling at Guajes West deposit on Morelos Gold Project in Mexico and intercepted high-grade gold beyond the northeast resource border. The company is continuing to develop and verify the high-grade zone of the Guajes West deposit.

Torex has intersected 13.22g/t gold over 3.0m in borehole TMP-1003 and 4.28g/t gold over 9.57m in borehole TMP-1021 through infill drilling at the deposit. This deposit is open towards northeast of Guajes East.

The company has cut 8.48 g/t gold over 11.0 m in T10-027C, 10.43g/t gold over 6.60m in T10-029C and 11.89g/t gold over 10.5m in T10-134C through ongoing drilling.

El Limon, Guajes East and Guajes West are the three Morelos deposits, which remain open in many directions. These latest drilling results is showing the gold potential at Morelos gold project. When the drilling recommences, the focus of exploration will be to drill the regions between Guajes East and Guajes West.

Torex has so far drilled 75 boreholes in total at Guajes West. The results of 23 boreholes are awaited. Presently, Torex is working on recent geological models for the Guajes West and Guajes East. These models will embrace the first elucidation of structurally controlled layer and fracture type mineralization.

Source: http://www.torexgold.com/

Joel Scanlon

Written by

Joel Scanlon

Joel emigrated to Australia in 1995 and worked for five years in the mining industry as an exploration geotechnician, using GIS mapping and CAD software. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm. After that, he ran a successful business providing web services to businesses along the eastern seaboard of Australia. During this time, he developed and launched News-Medical.Net. Joel has been working with AZoNetwork since the company was founded in 2000.

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