Torex Gold Reports Q2 2020 Production Results Including the Resumption of Full Operations in June - Seite 2

“Our strong performance in June after what was a very challenging quarter would not have been possible without the dedication and ongoing support of our employees, contractors, and local communities.  We are pleased to have weathered this unprecedented time in the way we face most challenges – together – and look forward to more of the same in months to come.”

About Torex Gold Resources Inc.
Torex is an intermediate gold producer based in Canada, engaged in the exploration, development, and operation of its 100% owned Morelos Gold Property, an area of 29,000 hectares in the highly prospective Guerrero Gold Belt located 180 kilometres southwest of Mexico City. The Company’s principal assets are the El Limón Guajes mining complex (“ELG” or the “ELG Mine Complex”), comprising the El Limón, Guajes and El Limón Sur open pits, the El Limón Guajes underground mine including zones referred to as Sub-Sill and ELD, and the processing plant and related infrastructure, which commenced commercial production as of April 1, 2016, and the Media Luna deposit, which is an early stage development project, and for which the Company issued an updated preliminary economic assessment in September 2018 (the “Technical Report”). The property remains 75% unexplored.

For further information, please contact:

TOREX GOLD RESOURCES INC.
Jody Kuzenko President and CEO Direct: [phone] Email: [e-mail]		Dan Rollins Vice President, Corporate Development & Investor Relations Direct: [phone] Email: [e-mail]

CAUTIONARY NOTES

Non-IFRS Performance Measures
Average realized price is a financial performance measure with no standard meaning under International Financial Reporting Standards (“IFRS”). Please refer to the “Non-IFRS Financial Performance Measures” section  in the Company’s  management  discussion and analysis for the year ended December 31, 2019 (“Q4 2019”) dated February 19, 2020, and quarter ended March 31, 2020, dated May 5, 2020 (“Q1 2020”) and available on the Company’s SEDAR profile at www.sedar.com for further information with respect to average realized price and a detailed reconciliation of this non-IFRS financial performance measure for Q4 2019 and Q1 2020 to the most directly comparable measures under IFRS.