TOREX GOLD PROVIDES UPDATE ON TIMING OF MORELOS TECHNICAL REPORT

Torex_150121

TORONTO, Ontario, January 15, 2021 – Today, Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces that the release of the Morelos Technical Report (the “Technical Report”), including the Media Luna feasibility study, has been rescheduled from mid-2021 to Q1 2022. Rescheduling the release of the Technical Report will allow for the inclusion of additional results from the 2021 infill drill program at Media Luna, an updated mine plan for El Limón Guajes (“ELG”) including a potential layback in the El Limón pit if deemed economic, as well as more complete data on Muckahi following completion of rate-related field testing later this year.

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