Update On ELG Mine Complex Operations In Mexico

TORONTO - Torex Gold Resources Inc. reported that an illegal blockade by an external union has been removed at its ELG Mine Complex in southwest Mexico. Hector Astudillo, the Governor of Guerrero State acted decisively to lift the illegal blockade by the Los Mineros Union and peacefully re-establish the rule of law. 

The ELG Mine Complex has been re-started and has been in continuous ramp-up mode, behind the blockade, since January 12th. The processing plant start-up team has ramped up throughput levels nicely, with production now routinely achieving between 12,000 tpd and 13,000 tpd. Gold recovery levels have been on an upward trend as well. 12,100 ounces of gold have been poured. Gold has been shipped and revenue from early shipments has been received. Mining in Guajes Pit has been active since January 18th and mining in El Limon Sur pit re-started on January 24th. Access to the El Limon Pit has been restored and inspections are underway. Crushing of stockpiled ore in El Limon will begin early this week, and mining will resume shortly thereafter as additional crews and supervisors return to the ELG Mine Complex.