Torex Gold Reports Promising Drill Results from Media Luna West

Executive Summary

• Torex Gold reported high‑grade intercepts from its 2025 Media Luna West drilling program, including 12.25 g/t AuEq over 11 m (hole ML25‑1088D) and 17.79 g/t AuEq over 12.9 m (hole ML25‑1095D).
• A total of 10,744 m was drilled in 2025 across 23 holes (plus one 2024 hole), defining a 400 × 300 m mineralized footprint and supporting an anticipated inaugural Inferred Resource to be announced in the March 2026 resource update.
• The program reinforces Torex’s strategy to expand resources at Media Luna, with plans to extend drilling northward along the corridor and south toward the San Miguel fault, and to upgrade Inferred resources to Indicated in 2026.

Key Details

• Drilling Coverage: 10,744 m (2025) + 559 m (one 2024 hole) = 11,303 m total over 24 holes.
• Key Intercepts (core length):
• ML25‑1088D – 11.0 m @ 12.25 g/t AuEq (incl. 4.0 m @ 26.33 g/t AuEq)
• ML25‑1095D – 12.9 m @ 17.79 g/t AuEq (incl. 4.7 m @ 36.97 g/t AuEq)
• ML25‑1080A – 49.7 m @ 2.50 g/t AuEq; notable higher‑grade zones within (e.g., 20.4 m @ 7.81 g/t AuEq, 4.0 m @ 20.53 g/t AuEq)
• Previously Reported High‑Grade Holes Confirmed: ML24‑1043DB (13.40 g/t AuEq over 28.4 m) and ML23‑986A (29.78 g/t AuEq over 14.1 m).
• Footprint Defined: Approximately 400 m × 300 m mineralized zone identified; open to the north along the main corridor and south toward the San Miguel fault.
• Future Plans:
• Continue drilling northward and southward in 2026 to expand the footprint.
• Resource categorization program in 2026 aiming to upgrade Inferred resources to Indicated.
• Anticipated inaugural Inferred Resource declaration in March 2026.
• Assay Methodology: Gold‑equivalent grades calculated using $1,650/oz Au, $22/oz Ag, $3.75/lb Cu and recoveries of 90% Au, 86% Ag, 93% Cu (same as 2024 resource estimate).
• QA/QC: Samples processed by Bureau Veritas (Mexico & Canada) with external checks at ALS Chemex; core recovery rates reported ≥ 86%.

Notable Quotes

“The results from this year's drilling program at Media Luna West defined a mineralized footprint of 400 × 300 m… We expect to declare an inaugural Inferred Resource … in March 2026.” – Jody Kuzenko, President & CEO

All amounts expressed in U.S. dollars unless otherwise stated.