Torex Gold Reports Strong Q3 2025 Production from Morelos

Operational momentum to carry into 2026, driven by successful ramp-up of Media Luna

(All amounts expressed in U.S. dollars unless otherwise stated)

Toronto, Ontario--(Newsfile Corp. - October 9, 2025) - Torex Gold Resources Inc. (the "Company" or "Torex") (TSX: TXG) (OTCQX: TORXF) reports Q3 2025 gold equivalent ("AuEq") payable production of 119,034 ounces ("oz") and AuEq sold of 118,082 oz. Year-to-date, payable production has totalled 261,520 oz AuEq based on average market prices (269,846 oz AuEq at guidance metal prices of $2,500/oz gold, $28/oz silver, and $4.30/lb copper, including 124,503 oz during Q3). With strong Q3 production and another excellent quarter expected to close off the year, the Company continues to target the low end of annual payable production guidance of 400,000 to 450,000 oz AuEq at guidance metal prices.

TABLE 1: PRELIMINARY THIRD QUARTER 2025 OPERATIONAL RESULTS¹

	ELG Open Pit	ELG Underground	Media Luna Underground	Morelos Complex
Ore tonnes mined per day	835 tpd	2,958 tpd	6,146 tpd	-
Waste tonnes mined per day	1,896 tpd	-	-	-
Ore processed per day	-	-	-	11,304 tpd
	Au	Ag	Cu	AuEq1
Grade processed	3.07 gpt	22.8 gpt	0.68%	-
Recovery	92.1%	69.7%	93.7%	-
Produced (before payable deductions)	96,498 oz	532.4 koz	14.5 mlb	-
Produced (after payable deductions)	95,058 oz	485.2 koz	14.0 mlb	119,034 oz
Sold	94,626 oz	470.7 koz	13.7 mlb	118,082 oz