Torex Gold Resources Inc. (Torex), is a Canadian-based resource company engaged in the exploration and development of its wholly owned Morelos Gold Project. The Company's mineral property and equipment is substantially located in Mexico. The Company operates one segment, being exploration and development of mineral properties in Mexico. The Morelos Gold Project is an advanced-stage gold exploration property located in the Guerrero Gold Belt in southern Mexico approximately 180 kilometers to the southwest of Mexico City. The Morelos Gold Project consists of seven mineral concessions covering a total area of approximately 29,000 hectares. The Media Luna Project is located south of the Balsas River and is comprised of three main magnetic anomalies covering an area of approximately 630 hectares.