UPDATE: Torex Drills "Highest Grade" Gold Mineralization to Date at Media Luna; Shares Up 2.8% at Midday
Torex Gold Resources Inc. (TXG.TO) has recently intersected several of the highest grade gold intercepts drilled thus far at the Media Luna and Media Luna West targets at the company's Morelos Gold Project in Mexico.
At Media Luna, borehole ML-35 intersected 30.31 g/t Au over 21.0m; borehole ML-79 intersected 15.56 g/t Au over 12.2m; borehole ML-11A intersected 28.60 g/t Au over 5.2m. At Media Luna West, borehole MLW-02 intersected 15.68 g/t Au over 5.9m.
TXG is now up 6 cents to $2.19 at midday. More than 5.9 million shares have been traded so far, making it the third most active on the TSX.
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