Tag Archives: Torex Gold Resources

Torex breaking records and innovating underground mining space

It was quarter of milestones for Torex Gold Resources in the three months to the end of June, with a record production number from the company’s ELG complex, in Mexico, and more progress on the company’s innovative Muckahi underground mining system.

The June quarter saw gold production of 113,600 oz, around 12% higher than the previous quarterly production record set in the September quarter of 2018. This saw plant throughput averaging at 11,670 t/d, average underground ore production of 1,280 t/d, average open-pit ore production of 18,600 t/d and an open-pit strip ratio of 6.8:1.

With the quarterly production result, the company reiterates full-year sales guidance of 430,000 oz (+/- 7%), which is weighted towards the second half of 2019.

Fred Stanford, President and CEO of Torex, said: “Q2 was a notable quarter from a number of perspectives. Record total ounce production has been highlighted already. The 1 Moz was also surpassed in the quarter.

“The mining team produced at record levels, both in ore mined in the open pits and underground. Throughout the quarter the processing team made progress in reducing reagent consumption and, late in the quarter, they made improvements in throughput rates per hour.

“Overall, quarterly throughput was hampered by unrelated unplanned downtime in late June. The team has work to do to increase the predictive and preventative aspects of maintenance.”

The Muckahi team also had an excellent quarter, according to Stanford.

“They demonstrated the effectiveness of the drilling system (Jumbo) on the level and have now turned their attention to demonstrating that the system is effective on a -30 degree down ramp,” he said.

“In five rounds, they have completed the transition from a level tunnel to a -30 degree down ramp. In July, they will push forward with the down ramp and initiate the testing of the slusher-based muck removal system. Interesting times!”

The Muckahi concept is an alternative to established underground mining processes that, Torex says, can create a more continuous mining process able to accelerate return on investment.

Learn more about the concept and technology by clicking here.

Torex makes Muckahi plans for newly declared gold reserve

Torex Gold Resources has announced a maiden underground reserve for the El Limón Deep zone (ELD) at its El Limón Guajes mining complex (ELG), in southwest Mexico, and revealed plans to mine it with its newest innovation, the Muckahi system.

The probable mineral reserve at ELD contains 86,000 oz of gold in 487,000 t of material at an average grade of 5.5 g/t Au (cutoff grade of 3.7 g/t). This is a subset of an indicated mineral resource at ELD that contains 141,000 oz in 797,000 t at an average grade of 5.52 g/t Au (cutoff grade of 2.5 g/t).

The mineral resource at ELD is the downdip extension of mineralisation in the El Limón open pit, some 400 m north-northwest of the Sub-Sill deposit (already being mined) and is open in three directions.

Fred Stanford, President and CEO of Torex, said, while small in comparison to the open-pit mineral reserves, the ELD provides a “nice sweetener to the open-pit production”.

He added: “It is also indicative of the potential to add further underground mineral resources. With ELD open in three directions, the Sub-Sill underground deposit still open at depth, and the potential for down dip extensions of Guajes, we are upbeat about the potential to further expand underground reserves and resources through multiple sources.”

ELD will be accessed through the existing underground development and will use the existing site infrastructure, according to Torex. This infrastructure includes, but is not limited to, electrical facilities, maintenance facilities, main ventilation exhaust fans and the backfill plant. Depending on material availability and geotechnical requirements, all mining areas at the ELD will be backfilled with either cemented aggregate fill or uncemented rockfill.

While the mineral reserves for the ELD deposit have been estimated using conventional mining techniques and costs, the intention is to mine the deposit with the Muckahi mining system, Stanford said.

“If as expected, the costs associated with Muckahi mining are lower than conventional mining costs, we may be able to lower the cut-off grade and increase the size of the mineral reserve.”

Excavation of the 30° down ramp to access the lower parts of the ELD deposit is underway, with four rounds taken, according to Stanford. “In the upper portions of the deposit, the excavations are nearly completed for the initial long hole stopes that will be mined utilising the production aspects of the Muckahi system.”

Stanford also provided an update on the Muckahi system, which is currently undergoing trials at ELG. The first tunnelling blast of the field trials was taken on March 26 and the round was successfully drilled from the monorail mounted Muckahi jumbo drill. The second piece of equipment, the Muckahi service platform, was at the Mexican border as of April 3 and was expected to be in service this by the end of June.

The goal of the trial is to demonstrate Muckahi’s capabilities over the full development cycle for tunnelling, including on a minus 30° gradient, and to demonstrate the capability of the system to lower costs in long hole open stope mining.

Stanford said on June 20: “To date the Muckahi system has performed as expected, we are all eager to progress through the next stages of the testing program and, if proven, then move forward with the strategic options it has the potential to unlock.”

The Muckahi concept is an alternative to established underground mining processes that, Torex says, can create a more continuous mining process able to accelerate return on investment.

Learn more about the concept and technology by clicking here.