TOREX GOLD REPORTS YEAR END 2021 MINERAL RESERVES & RESOURCES FOR EL LIMÓN GUAJES COMPLEX

TORONTO, Ontario, March 16, 2022 – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG)
reports Mineral Reserves and Resources for the Company’s El Limón Guajes Complex (“ELG”) for the year
ended December 31, 2021. Ongoing drilling within the ELG Underground led to a 20% increase in underground Mineral Reserves, while gains in the open pits, primarily through the addition of a pushback in the El Limón pit, offset 38% of open pit depletion.

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