---
title: "TXG: Los Reyes targets 37% IRR, $1.5B NPV, and first production in 2031 with strong margins"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291983354.md"
description: "Los Reyes in Sinaloa, Mexico, is projected to deliver a 37% after-tax IRR and $1.5B NPV, with robust margins and a 14.4-year mine life. The project features strong internal funding, a 5,000 tpd plant, and a blend of open pit and underground mining, with production targeted for 2031.Original document: Torex Gold Resources Inc. [TXG] Slides Release — Jul. 8 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-07-07T22:24:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291983354.md)
  - [en](https://longbridge.com/en/news/291983354.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291983354.md)
generator: "portal-rs"
---

# TXG: Los Reyes targets 37% IRR, $1.5B NPV, and first production in 2031 with strong margins

Los Reyes in Sinaloa, Mexico, is projected to deliver a 37% after-tax IRR and $1.5B NPV, with robust margins and a 14.4-year mine life. The project features strong internal funding, a 5,000 tpd plant, and a blend of open pit and underground mining, with production targeted for 2031.

Original document: Torex Gold Resources Inc. \[TXG\] Slides Release — Jul. 8 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**