Important Disclaimer


This website is owned and operated by Torex Gold Resources Inc. (“Torex”). The materials on this website are provided by Torex as a service to its investors and other interested parties and may be used for informational purposes only. By using this website, you acknowledge and agree to the terms and conditions below. If you do not agree to them, do not use the website or download any materials from it.

Torex has taken all reasonable care in producing and publishing information contained on this website, and will endeavour to do so regularly. Material on this site may still contain technical or other inaccuracies, omissions, or typographical errors, for which Torex assumes no responsibility. Torex does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Torex be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material on this site. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express permission.

Cautionary Note Regarding Forward-Looking Statements

This website contains “forward-looking statements” and “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, information with respect to Torex’s future exploration and development plans, the adequacy of Torex’s financial resources, business plans and strategy, Torex’s feasibility study, including with respect to mineral resource and mineral reserve estimates; the ability to realize estimated mineral reserves; Torex’s expectation that the Morelos Gold Project will be profitable with positive economics from mining; recoveries, grades and annual production; receipt of all necessary approvals; the parameters and assumptions underlying the mineral resource and mineral reserve estimates and the financial analysis; and gold prices, and other events and conditions that may occur in the future. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects”, “estimates”, “intends”, “anticipates”, “believes”, “forecasts”, “budgeted” or “scheduled” or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, or “will be taken”, “occur”, or “be achieved”. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, as well as other factors that it believes to be relevant and reasonable in the circumstances, at the date that such statements are made. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Torex to be materially different from those expressed or implied by such forward-looking information, including risks associated with the exploration, development and mining industry generally such as economic factors as they effect exploration, future commodity prices, obtaining financing, market conditions, changes in interest rates, safety and security, access to the Morelos Gold Project, actual results of current exploration activities, government regulation, political, social or economic developments, environmental risks, insurance risks, capital expenditures, operating or technical difficulties in connection with development activities, personnel relations, the speculative nature of gold exploration and development, including the risks of diminishing quantities of grades of mineral resources and mineral reserves, contests over property title, and changes in project parameters as plans for the Morelos Gold Project continue to be refined, as well as those risk factors identified in Torex’s annual information form, which is available on Torex’s SEDAR profile at Although Torex believes that the assumptions and expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because Torex can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions which may be identified in this website, assumptions have been made regarding, among other things: Torex’s ability to carry on its exploration and development activities planned for the Morelos Gold Project, Torex’s feasibility study and financial analysis, receipt of any required approvals, the price of gold, the ability of Torex to obtain qualified personnel, equipment and services in a timely and cost-efficient manner, the ability of Torex to operate in a safe, efficient and effective manner, the ability of Torex to obtain financing on acceptable terms, the ability of Torex to access the Morelos Gold Project, the accuracy of Torex’s mineral resource and mineral reserve estimates and geological, operational, cost and price assumptions on which these are based and the regulatory framework regarding environmental matters. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Although Torex has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Torex does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Resources

This website uses the terms “Measured”, “Indicated” and “Inferred” Resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize them. “Inferred Mineral Resources” have a great amount of uncertainty as to their existence, as as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies.United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of an Inferred Mineral Resource exists, or is economically or legally mineable.

Disclaimer to United States Investors

This website does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States.

The securities of the Company have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Technical Information

Additional technical information is contained in Torex’s feasibility study entitled “Morelos Gold Project, 43-101 Technical Report Feasibility Study, Guerrero, Mexico”, dated October 1, 2012 (the “Feasibility Study”) and the Technical Report entitled “Media Luna Gold-Copper Project, Guerrero State, Mexico NI 43-101 Technical Report”, effectively dated September 13, 2013 (the “Media Luna Report”) The technical information contained in this website is based upon the information contained in the Feasibility Study and the Media Luna Report prepared by or under the supervision of the authors of the Feasibility Study, who are each qualified persons and independent for the purposes of National Instrument 43-101.

The authors of the Feasibility Study are Daniel H. Neff, P.E. President, and Thomas L. Drielick, P.E., Senior Vice President, each of M3 Engineering & Technology Corporation, Edward J.C. Orbock III, SME Registered Member and Mark Hertel, SME Registered Member, each principal geologists of AMEC E&C Services Inc., Prabhat Habbu, P.Eng., Senior Geotechnical Engineer of AMEC Environment & Infrastructure, a division of AMEC Americas Ltd., Brian Connolly, P.Eng., Principal Mining Engineer, of SRK Consulting (Canada) Inc., Michael Levy, P.E., Senior Geotechnical Engineer, of SRK Consulting (U.S.) Inc., Bernardo (Benny) Susi, P.E., Principal and Practice Leader of Golder Associates Inc., and Vladimir Ugorets, Ph.D., Principal Hydrogeologist, of SRK U.S.

The authors of the Media Luna Report are Mark Hertel, RM SME, P.Geo, Principal Geologist, and John Rust, RM SME, Senior Metallurgist of AMEC E&C Services Inc.

No Incorporation by Reference

No information included herein shall be deemed to be incorporated by reference into any of Torex’s regulatory filings, unless expressly indicated in any such filings. In addition, no information shall be incorporated by reference into this website, unless otherwise specified.

Website Protected by Copyright

Certain materials (including graphics, icons, HTML, javascripts, color schemes, multimedia, logos, photographs, copywriting, et al) that appear on this website are the property of Torex and copyrighted by same.

Other materials on this website not originally produced by us (some audio, video, trademarks, et al) are copyrighted by their respective creators/owners and appear here either by permission, example or as public domain reference material. Trademarks may be registered in Canada and in other countries, as applicable. The display of trademarks on pages at this Website does not imply that a license of any kind has been granted. Materials may not be copied, reproduced, modified, uploaded, posted, transmitted, or distributed in any way without our prior written approval. Any unauthorized downloading, re-transmission or other copying or modification of trademarks and/or the contents herein may be a violation of federal or common law, trademark and/or copyright laws and could subject the copier to legal action.

Currency of Website

Unless otherwise indicated, all information posted on this website is current only as of the date of the document that contains the information, if indicated, or the date on which the document is posted, whichever is earlier. Torex may at any time make changes to the information on this website without prior notice. You should always ensure that you are referring to the most current information available on this website.

Exclusion of Liability

Torex shall not be liable for any claims, expenses, damages (including direct, indirect, special, incidental, punative or consequential damages), loss of profits, opportunities or information arising from:
  • The use of or reliance on information contained in this website;
  • Any inaccuracy or omission in such information or failure to keep the information current;
  • Use of any third party websites linked to this website;
  • Any Internet software used in connection with this website or computer viruses or other destructive programs encountered as a result of using this website;
  • Any delays, inaccuracies or errors in, or in the transmission of, any stock price quotes or historical price data; and
  • Any other matter connected with this website; even if Torex is made aware of the possibility of such claims, expenses, damages or losses.
Torex Not Responsible for Internet Software or Computer Viruses

Due to technical difficulties inherent in the Internet, Internet software or transmission problems could produce inaccurate or incomplete copies of information, contained on this website. Computer viruses or other destructive programs may also be inadvertently downloaded from the website. Torex shall not be liable for Internet software, computer viruses or destructive programs and recommends that you install appropriate anti-virus or other protective software.

Torex not Responsible for Linked Websites

Torex provides links to third party websites for your convenience only and the inclusion of these links does not imply that Torex monitors or endorses these websites. Accordingly, Torex accepts no responsibility for such websites, or any link or reference contained in any such third party website.

Website is Provided as a Service Only

This website is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by Torex to that effect. The information on this website is not intended to modify, quality, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to Torex and should not be used for the purpose of making investment decisions concerning Torex securities.

Stock Quotes

All quotes are delayed at least 15 minutes unless otherwise stated. All stock quotes and historical stock price data are provided by third party service providers and are provided for informational purposes only, and are not intended for trading purposes. If you are contemplating trading in the securities of Torex, we strongly advise you to seek independent professional advice before making any investment decision. Torex makes no representation or warranty regarding the accuracy or completeness of any such stock price quotes or historical stock price data and has not taken any steps to verify the adequacy, accuracy or completeness of the information provided herein. Under no circumstances will Torex be liable for any inaccuracies or omissions in any such stock information or data, any delays or errors in the transmission thereof, or any loss or direct, indirect, incidental, special or consequential damages caused by reliance on this information or the risks arising from the stock market.

Privacy Statement

Torex’s website does not collect any personal information about visitors to this website other than that which is specifically and knowingly provided by you. That personal information will not be transferred to any third party unless otherwise stated at the time of collection. Torex does not collect and maintain statistics relating to the number of visits to the website, the types of browsers used and the internet Protocol Address of the originator. This information is used only for internal purposes.

Any material, information or other communication (including questions, comments or suggestions) you transmit to Torex through this website will be considered non-confidential and non-proprietary (“Communications”). In making any such transmission, you agree that Torex will have no obligations of any kind with respect to the Communications. Where it is necessary, in order to answer your enquiry, the Communications you have provided may be passed to any Torex office or affiliate worldwide. By sending any Communications to us, you are consenting to the personal information contained therein being transferred within Torex and being processed by Torex for these purposes. You are prohibited from posting or transmitting to or from Torex any unlawful, threatening, libellous, defamatory, obscene, pornographic, or other materials that violate any law.

If you have concerns relating to the privacy or confidentiality of this website, or would like to request printed copies of public disclosure documents, please contact Torex’s Vice President of Investor Relations, at (647) 260 1503.