Torex Gold Announces 2016 Year End Financial and Operational Results

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1242-tsx/txg/29595-torex-announces-2016-year-end-financial-and-operational-results.html

TORONTO, ONTARIO–(Marketwired – Feb. 23, 2017) – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX:TXG) announced today its financial and operational results for the year ended December 31, 2016. This release should be read in conjunction with the Company’s 2016 Financial Statements and MD&A on the Company’s website or on SEDAR.

Fred Stanford, President & CEO of Torex stated: “280,000 ounces of gold in the first year of the ramp up, speaks to the quality of the deposit, the constructed asset, and the skill of the team in navigating through the technical and social start-up challenges. The ramp-up is expected to be completed during 2017, as solutions are in hand for the two remaining material technical issues. Construction is underway on the SART plant to manage the soluble copper and a decision has been made to increase tailings filtration capacity.”

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