TORONTO, Ontario, March 30, 2021 – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) reports that in 2020, total Proven & Probable gold reserves for the Company’s El Limón Guajes Complex (“ELG”) declined 15% year-over-year primarily due to depletion, with ongoing exploration success driving a 15% increase in underground reserves, and ore processed resulting in a 20% decline in open pit reserves.