GPIO16 exists: it's XPD_DCDC and it works but it's not the RST pin which is just reset.
here they seem being connected
but it's not on my ESP-01.
also in driver folder of IOT example from official ESP SDK there is a gpio16.c, I tried that code and it works, but you can see it just probing the pin directly on the chip
In your schematic, GPIO16 is indeed connected to XPD_DCDC (despite the overlapping "no connect" symbol), but not to EXT_RSTB, as there is an "NC" (no connect) resistor in between.
For the newer ESP-01 with 2 LEDs, the correspondence between module pins and ESP8266EX pins is (verified with a binocular):
Module | ESP8266EX
-------+----------
TX | UTXD (pin 26, also connected to green LED)
GPIO2 | GPIO2 (pin 14)
CH_PD | CHIP_EN (pin 7)
RESET | EXT_RST (pin 32)
GPIO0 | GPIO0 (pin 15)
RX | URXD (pin 25)
Conclusion: NO GPIO16 on ESP-01 module pins
kingfisher wrote:You can reconfigure tx and rx pins as gpio