Torex Gold Resources announced robust drilling outcomes at its Morelos Property, highlighting high-grade mineralization in new and existing areas like the San Miguel corridor and Media Luna mine. These results support the company's strategy to increase reserves, extend mine life, and enhance production. With a record $51 million exploration budget for 2026, Torex plans further drilling and resource updates in March 2027, positioning itself for sustained growth and first ore production at Media Luna North by year-end. The findings also indicate promising potential at regional targets Atzcala and El Naranjo, reinforcing long-term resource expansion prospects.
Torex Gold's Q3 2026 Morelos drilling update comes amid a Basic Materials sector where 8 of 38 US stocks rose and 30 fell on Pluang. As of Sep 25, 2026 04:21 WIB, notable movers include AngloGold Ashanti Limited (AU) at USD 98.75 with a 1-day change of -5.59% and a typical hold time of 48 days, Wheaton Precious Metals Corp (WPM) at USD 146.21 down 4.94% with 100% buy order activity, and Albemarle Corp. (ALB) at USD 108.25 down 4.60% with balanced buy/sell orders. This snapshot provides context for readers following Torex Gold's exploration progress.
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