Torex Gold Resources Inc. (TSX: TXG) (OTCQX: TORXF) is a Canadian mining company primarily engaged in the exploration, development, and production of gold, silver, and copper from its flagship Morelos Complex in Guerrero, Mexico. The Company is headquartered in Toronto, Canada.
Our Company
Our principal asset, the Morelos Complex, includes the Media Luna and ELG Underground mines, the Media Luna North project, a processing plant, and related infrastructure. Commercial production was achieved at ELG in 2016 and in 2025 at Media Luna – we are one of Mexico’s largest gold producers, with 99% of our workforce from Mexico, approximately 65% from Guerrero State, and 40% from the communities surrounding Morelos.
In October 2025, Torex acquired the development-stage Los Reyes project located Sinaloa, Mexico. The project falls within the prolific Sierra Madre mining belt which hosts many prominent silver and gold mines. A preliminary economic assessment is currently underway for Los Reyes which is expected to be delivered by mid-2026.
In August 2025, Torex acquired a portfolio of early-stage exploration properties: Gryphon and Medicine Springs in Nevada, USA, and Batopilas and Guigui in Chihuahua, Mexico. The Company plans to invest approximately $16 million to commence initial exploration work across the properties in 2026, primarily at Gryphon and Batopilas.
At the heart of Torex Gold is a deep commitment to building a mining company with values – one that delivers value for our shareholders in a way that embraces innovation and makes a positive difference in people’s lives.