Torex Gold Achieves 10 Million Hours Worked Without a Lost Time Injury
November 18 2020 - 5:00AM
The employee and contractor team at Torex Gold Resources Inc. (the
“Company” or “Torex”) (TSX: TXG) is proud to announce that the
threshold of 10 million hours worked without a lost-time injury has
been crossed at the Company’s El Limón-Guajes (ELG) operations in
Mexico.
Jody Kuzenko, President and CEO, stated:
“I’m so proud of our entire team for achieving this
exceptional milestone -- truly industry-leading performance from an
industry-leading team. I have always believed that when we get
safety right, operational and financial performance follows suit,
and we certainly see that ring true in terms of our year to date
results.
“I credit this excellence in safety performance to
the strong workplace culture that, over time, our team has built
together. This kind of performance doesn’t ‘just happen’ – it’s
achieved through a culture of effective leadership, interconnected
systems, disciplined adherence to clear rules, and lived values
that, in turn, inspire everyone to willingly give their best every
day so that production is achieved and no lives are lost or changed
due to workplace injury.
“As we look toward the future, we will continue to
generate significant value by delivering safe ounces of gold – the
only ones that count.”
About Torex Gold Resources
Inc.Torex is an intermediate gold producer based in
Canada, engaged in the exploration, development, and operation of
its 100% owned Morelos Gold Property, an area of 29,000 hectares in
the highly prospective Guerrero Gold Belt located 180 kilometres
southwest of Mexico City. The Company’s principal assets are the El
Limón Guajes mining complex (“ELG” or the “ELG Mine Complex”),
comprising the El Limón, Guajes and El Limón Sur open pits, the El
Limón Guajes underground mine including zones referred to as
Sub-Sill and ELD, and the processing plant and related
infrastructure, which commenced commercial production as of April
1, 2016, and the Media Luna deposit, which is an early stage
development project, and for which the Company issued an updated
preliminary economic assessment in September 2018 (the “Technical
Report”). The property remains 75% unexplored.
For further information, please contact:
TOREX GOLD RESOURCES INC. |
|
Jody KuzenkoPresident and CEODirect: (647) 725-9982Email:
jody.kuzenko@torexgold.com |
Dan RollinsVice President, Corporate Development & Investor
RelationsDirect: (647)
260-1503Email: dan.rollins@torexgold.com |
CAUTIONARY NOTE REGARDING FORWARD LOOKING
STATEMENTSThis press release contains “forward looking
statements” and “forward-looking information” within the meaning of
applicable Canadian securities legislation. Forward-looking
statements include: I’ve always believed that when we get safety
right, operational and financial performance follows suit; and, as
we look toward the future, we will continue to generate significant
value by delivering safe ounces of gold. Forward-looking
information is subject to known and unknown risks, uncertainties
and other factors that may cause the Company’s actual results,
performance or achievements to be materially different from those
expressed or implied by such forward-looking information,
including, without limitation, those risk factors identified in the
Company’s annual information form and management’s discussion and
analysis (the “Disclosure Documents”). Forward-looking information
is based on the reasonable assumptions, estimates, analysis and
opinions of management made in light of its experience and
perception of trends, current conditions and expected developments,
and other factors that management believes are relevant and
reasonable in the circumstances at the date such statements are
made, including without limitation that a culture of effective
leadership, interconnected systems, disciplined adherence to clear
rules, and lived values, will inspire everyone to willingly give
their best every day so that production is achieved and no lives
are lost or changed due to workplace injury. Although the Company
has attempted to identify important factors in the Disclosure
Documents that could cause actual results to differ materially from
those contained in forward-looking information, there may be other
factors that cause results not to be as anticipated. There can be
no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such information. Accordingly, readers should not
place undue reliance on forward-looking information. The Company
does not undertake to update any forward-looking information,
except in accordance with applicable securities laws.
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