Torex Reports Credible Threats BY the Blockaders Against Elg Site Staff
Corporate Office: 130 King St. West, Suite 1502, Toronto, ON M5X 2A2, Canada – Tel. (647) 260 1500 Fax (416) 304-4000
www.torexgold.com
TOREX REPORTS CREDIBLE THREATS
BY THE BLOCKADERS AGAINST ELG SITE STAFF
TORONTO, Ontario, November 7, 2017 - Torex Gold Resour ces Inc. (the “Company” or “Torex”) (TSX:TXG) reports
that during the evening of Monday, November 6 th, a group of approximately 35 persons, entered the ELG mine site
and threatened the site staff. These staff members were monitoring to protect the environment, monitoring the pumps
in the open pits, and maintaining the processing plant status to that required for a rapid restart of operations upon
conclusion of the illegal blockade of the site access road. Of the 35 persons, about 25% were unknown to the
Company, the rest were local citizens. These individuals told the ELG staff, that if they did not leave by Tuesday,
November 7th, then they would be forcibly removed from site. The staff have been evacuated from the site and the off-
site accommodation facilities are in the process of being evacuated. The Company has requested to the appropriate
authorities that they take action to restore law and order.
Fred Stanford, President & CEO of Torex stated: “This escalation will weaken the relationship between employees and
the company and between contractors and the Company. Upon resolution of the illegal blockade, the schedule to
restart the operations will be dependent on how many personnel elect to return to site. This is an unknown outcome,
at this time.”
The illegal blockade of the ELG Mine started on November 3, 2017; see press release issued by the Company on
November 6, 2017.
Torex is an emerging intermediate gold producer based in Canada, engaged in the exploration, development and
operation of its 100% owned Morelos Gold Property, an ar ea of 29,000 hectares in the highly prospective Guerrero
Gold Belt located 180 kilometers southwest of Mexico City. Within this property, Torex has the El Limón-Guajes Mine,
which announced commercial production in March of 2016 and the Media Luna Project, which is an early stage
development project, and for which the Company issued a preliminary economic assessment (PEA) in 2015. The
property remains 75% unexplored.
For further information, please contact:
TOREX GOLD RESOURCES INC.
Fred Stanford Gabriela Sanchez
President and CEO Vice President Investor Relations
Tel. (647) 260-1502 Tel. (647) 260-1503
Email: [email protected] E m a i l : [email protected]
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS
This press release contains “forward-looking statements” and “forward-looking information” within the meaning of
applicable Canadian securities legislation. Notwithstanding the Company’s efforts, there can be no guarantee that the
Company will not face unforeseen delays or disruptions. Forward-looking information is subject to known and
unknown risks, uncertainties and other factors that may cause the activities of the Company to be materially different
from those expressed or implied by such forward-looking information, including those risk factors identified in the
Company’s annual information form and management’s discussion and analysis.