Torex Gold Provides 2020 Operational Outlook

Torex Gold 1401202

TORONTO, Ontario, January 14, 2020 – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) expects to produce between 420,000 and 480,000 ounces of gold in 2020, with the mid-point of guidance relatively in line with the 454,810 ounces of gold produced in 2019. Total cash costs1 are expected to range between $640 and $670 per ounce of gold sold. All-in sustaining costs1 are anticipated to range between $900 and $960 per ounce of gold sold.

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