Torex Gold restarts Los Reyes drilling
Analysis based on 6 articles · First reported May 28, 2026 · Last updated May 28, 2026
The restart of drilling at the Los Reyes Project by Q-Gold Resources is a positive development for the company, indicating progress on a key growth project. This could lead to increased investor confidence and a potential rise in Q-Gold Resources' stock price as the project advances and resources are upgraded.
Q-Gold Resources Inc. has announced the restart of its drilling program at the Los Reyes Project in Sinaloa Cartel, Mexico. This comprehensive exploration and resource drilling program for 2026 will focus on de-risking and upgrading mineral resources across three primary mineralized trends: Guadalupe, Z-T, and Central. The initiative also supports engineering and design work for pre-feasibility and feasibility studies. Q-Gold Resources plans to drill approximately 20,000 metres and invest around $18 million in the project in 2026, with the majority allocated to exploration and drilling. The remaining funds will be used to complete a preliminary economic assessment (PEA) and begin a pre-feasibility study. Jody Kuzenko, President & CEO of Q-Gold Resources, highlighted the company's efforts in engaging with local communities, liaising with government stakeholders, and securing permits to ensure safe and efficient operations. The company expects the Los Reyes Project to drive exceptional value for shareholders, with the PEA results anticipated in July.
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