TSX:TXGMetals and Mining
Is Torex Gold (TSX:TXG) Using Medicine Springs To Quietly Recast Its Post‑Mexico Growth Story?
Torex Gold Resources Inc. recently exercised its option to acquire a 100% interest in the Medicine Springs polymetallic project in Nevada, where Northern Lights retains a 1% Net Smelter Return royalty with a buydown right for US$2.5 million.
The move adds exposure to silver, lead, zinc, copper, and gold across multiple mineralization styles, broadening Torex’s exploration pipeline beyond its core Mexican assets.
We’ll now examine how gaining full control of the Medicine Springs project may...