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Torex Gold reports stable 2025 reserves with new resource additions and plans $77M exploration in 2026

Company Fundamentals
24 Mar 2026
Newsfile Corp
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Bullish
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Torex Gold Resources announced its 2025 year-end mineral reserves and resources, showing a slight 5% net decrease in proven and probable reserves at its Morelos Complex, offset by new drilling successes that extended reserve life. The acquisition of the Los Reyes project added significant indicated and inferred resources to its portfolio. Torex plans a record $77 million investment in exploration and resource drilling in 2026 to enhance production at Morelos, advance Los Reyes, and develop early-stage projects. This positions the company to maintain annual production of at least 420,000 ounces gold equivalent beyond 2030.

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