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Torex Gold Resources (TSX:TXG) Allowance For Loans And Lease Losses


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What is Torex Gold Resources Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Torex Gold Resources (TSX:TXG) Business Description

Traded in Other Exchanges
Address
Exchange Tower, 130 King Street West, Suite 740, Toronto, ON, CAN, M5X 2A2
Torex Gold Resources Inc is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometres southwest of Mexico City and approximately 50 kilometres southwest of Iguala. Within this property, the company has two assets: the El Limon-Guajes Mine, an open pit gold deposit located north of the Balsas river, and the Media Luna Project.