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23.41
-0.06
(-0.26%)
Closed July 21 4:12PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
23.41
Bid
23.22
Ask
23.60
Volume
1,021,359
22.81 Day's Range 23.50
14.80 52 Week Range 24.50
Market Cap
Previous Close
23.47
Open
22.98
Last Trade
2
@
23.41
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
653,852
Shares Outstanding
396,957,000
Dividend Yield
-
PE Ratio
44.23
Earnings Per Share (EPS)
0.53
Revenue
1.02B
Net Profit
210M

About Alamos Gold Inc

Sector
Gold Ores
Industry
Gold Ores
Headquarters
Toronto, Ontario, Can
Founded
1970
Alamos Gold Inc is listed in the Gold Ores sector of the Toronto Stock Exchange with ticker AGI. The last closing price for Alamos Gold was $23.47. Over the last year, Alamos Gold shares have traded in a share price range of $ 14.80 to $ 24.50.

Alamos Gold currently has 396,957,000 shares outstanding. The market capitalization of Alamos Gold is $9.32 billion. Alamos Gold has a price to earnings ratio (PE ratio) of 44.23.

AGI Latest News

Alamos Gold Releases 2023 Annual ESG Report

All amounts are in United States dollars, unless otherwise stated. TORONTO, July 19, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) has released its...

Alamos Gold Eliminates Majority of Argonaut Gold Hedge Book Providing Increased Exposure to Higher Gold Prices

All amounts are in United States dollars, unless otherwise stated. TORONTO, July 15, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced...

Alamos Gold Announces Closing of Argonaut Gold Acquisition

All amounts are in United States dollars, unless otherwise stated TORONTO, July 12, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) is pleased to...

Alamos Gold Provides Notice of Second Quarter 2024 Results and Conference Call

All amounts are in United States dollars, unless otherwise stated. TORONTO, July 02, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release...

Ranchero Announces Closing of the Sale of Its Santa Daniela Property and Receipt of US$1,892,000

VANCOUVER, British Columbia, June 19, 2024 (GLOBE NEWSWIRE) -- Ranchero Gold Corp. (“Ranchero” or the “Company”) (TSX.V: RNCH) is pleased to announce that its wholly-owned subsidiary Minera y...

Alamos Gold Declares Quarterly Dividend

TORONTO, May 30, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly dividend...

Alamos Gold Announces Results of the Annual General and Special Meeting of Shareholders

All amounts are in United States dollars, unless otherwise stated. TORONTO, May 24, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported a...

Alamos Gold Intersects Higher-Grade Mineralization within a New Zone Near Existing Infrastructure at Young-Davidson

All amounts are in United States dollars, unless otherwise stated. TORONTO, May 14, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new...

Alamos Gold Reports First Quarter 2024 Results

 All amounts are in United States dollars, unless otherwise stated. TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported...

GFG Closes Private Placement Financing

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES SASKATOON, Saskatchewan, April 19, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.21-0.88907705334523.6224.522.8190432223.75107976CS
41.758.0794090489421.6624.520.9963517922.67991079CS
122.7913.530552861320.6224.520.1665385222.15908411CS
266.7240.263630916716.6924.515.2765226020.09108684CS
526.3737.38262910817.0424.514.863368418.66022211CS
15613.59138.3910386979.8224.58.372251913.75599888CS
26014.82172.5261932488.5924.54.4682312312.06529382CS

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AGI Discussion

View Posts
Oleblue Oleblue 3 months ago
Alamos Gold Reports First Quarter 2024 Results
Mr. John McCluskey reports:
All amounts are in United States dollars, unless otherwise stated.

TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the quarter ended March 31, 2024.

“We delivered another strong start to the year across a number of fronts, following a record performance in 2023. Costs were in line with guidance for the quarter and production exceeded guidance led by record production from La Yaqui Grande. With the solid first quarter, we are on track to achieve our full year production and cost guidance. We also continued to demonstrate our long-term track record of value creation through exploration and M&A. Our Mineral Reserves increased for the fifth consecutive year, and we expect to unlock significant value through our acquisition of the Magino mine and its integration with Island Gold. We expect the combination to create one of Canada’s largest and lowest cost gold mines, drive significant synergies, and solidify our unique positioning as a Canadian focused intermediate gold producer, with growing production and declining costs,” said John A. McCluskey, President and Chief Executive Officer.

First Quarter 2024 Operational and Financial Highlights

Produced 135,700 ounces of gold, exceeding quarterly guidance and representing a 6% increase from the first quarter of 2023. This was driven by another strong performance from the Mulatos District, including record quarterly production from La Yaqui Grande
Sold 132,849 ounces of gold at an average realized price of $2,069 per ounce, generating record quarterly revenue of $277.6 million, a 10% increase from the first quarter of 2023
Total cash costs1 were $910 per ounce, all-in sustaining costs ("AISC"1) were $1,265 per ounce, and cost of sales were $1,307 per ounce. As previously guided, costs were above full year guidance in the first quarter, with AISC also impacted by an increase in share-based compensation reflecting the Company's higher share price in the quarter. Costs are expected to decrease through the remainder of the year to be consistent with full year guidance
Strong ongoing free cash flow1 generation of $24.4 million, while funding the Phase 3+ Expansion at Island Gold, and net of $45.3 million of cash tax payments in Mexico
Cash flow from operating activities of $108.9 million (including $134.9 million, or $0.34 per share before changes in working capital1)
Realized adjusted net earnings1 for the first quarter of $51.2 million, or $0.13 per share1. Adjusted net earnings includes adjustments for net unrealized foreign exchange losses recorded within deferred taxes and foreign exchange of $4.5 million, and other adjustments, net of taxes totaling $4.6 million.
Reported net earnings were $42.1 million, or $0.11 per share
Cash and cash equivalents increased 7% from the end of 2023 to $240.2 million, with no debt and $16.3 million in equity securities
Paid dividends of $9.8 million, or $0.025 per share for the quarter
Reported year-end 2023 Mineral Reserves of 10.7 million ounces of gold, a 2% increase from 2022, with grades also increasing 1%. This marked the fifth consecutive year Mineral Reserves have grown for a combined increase of 10% with grades also increasing 9% over that time frame. Additionally, Measured and Indicated Mineral Resources increased 12% to 4.4 million ounces, with grades increasing 9%, and Inferred Mineral Resources increased 3% to 7.3 million ounces, at 1% higher grades
Announced a definitive agreement to acquire Argonaut Gold Inc. ("Argonaut") and its Magino mine, located adjacent to the Company's Island Gold mine in Ontario, Canada. The integration of the two operations is expected to create one of the largest and lowest cost gold mines in Canada and unlock significant value with pre-tax synergies expected to total $515 million2 through the use of shared infrastructure
On April 4, 2024, announced the closing of the previously announced non-brokered private placement for common shares of Argonaut, representing approximately 13.8% of Argonaut's outstanding common shares for CAD $50 million
Completed the acquisition of Orford Mining Corporation ("Orford") on April 3, 2024, through which the Company consolidated its existing ownership of Orford shares and added the highly prospective Qiqavik Gold Project, located in Quebec, Canada

(1) Refer to the “Non-GAAP Measures and Additional GAAP Measures” disclosure at the end of this press release and associated MD&A for a description and calculation of these measures.
(2) Synergies are pre-tax and undiscounted. On a discounted basis, this represents an after-tax net present value of $250 million

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1192-tsx/agi/159623-alamos-gold-reports-first-quarter-2024-results.html?utm_source=newsletter_1862&utm_medium=email&utm_campaign=junior-mining-brief-for-date-l-b-j-y

👍️0
Joe Kaplan Joe Kaplan 3 months ago
Heres some mention of PDA
https://mexicobusiness.news/mining/news/alamos-golds-success-mexico-first-look-mmf-2024-pdac
It appears very promising and high grade.
👍️0
Joe Kaplan Joe Kaplan 3 months ago
Nice update...bright future
https://www.goldforumeurope.com/company-session/3188/

There was mention of "PDA"...can anyone expand on that and explain a bit ?
👍️0
NYBob NYBob 4 months ago
Alamos and Argonaut merge to create one of Canada’s largest gold mines
Alamos Gold Announces Friendly Acquisition of Argonaut Gold
Unlocking Value Through the Creation of One of Canada’s Largest and Lowest Cost Gold Mines

https://s24.q4cdn.com/779615370/files/doc_financials/2024/sr/20240327-Alamos-Acquisition-of-Argonaut-Gold-Press-Release-FINAL.pdf
👍️ 2 😀 1 😊 1 ☺️ 1 ♥️ 1
NYBob NYBob 6 months ago
Alamos Gold Announces Acquisition of Orford Mining Including the Qiqavik Gold Project

https://s24.q4cdn.com/779615370/files/doc_news/2024/Jan/20240115-Alamos-Gold-Announces-Acquisition-of-Orford_FINAL.pdf
👍️ 1 😀 1 😊 1 ☺️ 1 ♥️ 1
NYBob NYBob 7 months ago
Analyst Recommendations for Wednesday, December 13 -

Alamos Gold (TSE:AGI) (NYSE:AGI) had its price target raised by analysts at BMO Capital Markets
from C$19.00 to C$23.00. This represents a 24.0% upside from the current price of C$18.55. )

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Murchison Historical Resources The Murchison portfolio contained historical resources of -
644koz at the time of acquisitions.
Monument is systematically performing all the necessary work to convert and validate these historical
resources into current resources under NI43-101 guidelines.
A breakdown of the historical resources is detailed in the table below

NI 43-101-Indicated Resources 293 koz Au NI 43-101-Inferred Resources 88 koz Au Historical Resources** 644 koz Au

https://monumentmining.com/news-media/news/2023/monument-reports-fourth-quarter-and-fiscal-2023-results-gross-revenue-of-us-12.39-million-and-cash-cost-of-us-917-oz-for-gold/



$Monument Mining Ltd:

Welcome Some good pics from the plants -

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https://investorshub.advfn.com/Monument-Mining-Ltd-MMY-13403

https://monumentmining.com
https://monumentmining.com/news-media/photo-gallery/
https://monumentmining.com/investors/presentation/
https://monumentmining.com/news-media/news/
1y Target Est 0.43
https://finance.yahoo.com/quote/MMY.V?p=MMY.V&.tsrc=fin-srch



Murchison Gold Mine Mill -


$Gold Legal Tender GOD'S Real Money -
$GOD We Trust - Real Money - AU Safety 6000yrs



$Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -[
Prayers TIA.

http://www.biblebelievers.org.au/monie.htm

https://www.usdebtclock.org/

God Bless
Amen
👍️0
NYBob NYBob 8 months ago
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4,797 views Nov 23, 2023
Interview with John A. McCluskey, President & CEO of Alamos Gold Inc.

Recording date: 21st November 2023

Driving Returns Through Operational Excellence and Focused Growth
Alamos Gold is a growth story and represents a unique investment opportunity within the gold mining space, combining steady free cash flow generation with extensive visible production growth. Since its founding in 2003, the company has created significant value for shareholders by converting high-margin assets into expanding low-cost gold output.

Led by mining veterans, management has systematically built a portfolio of Tier 1 operating mines during periods of market dislocation. These high-grade cornerstone assets in mining-friendly North American jurisdictions provide sector-leading cost performance. Supported by peer-low All-In Sustaining Costs (AISC) of around $1,000 per ounce, the company generates substantial cash flows throughout metal price cycles.

Unlike most mid-tier peers focused nearer-term on mine site exploration or marginal acquisitions, Alamos’ growth trajectory centers around fully-funded low-risk expansions. These construction projects add scale while lowering costs through operational leverage. The largest endeavor currently underway involves expanding Island Gold underground operations, which promises to increase output over 115% by 2026 once complete. Supporting further growth, existing infrastructure provides processing flexibility, extensive tailings capacity, and lower capital intensity for future development.

Beyond current mines, the company also controls what it believes is the best undeveloped gold deposit in Canada at Lynn Lake. Taken together, management targets boosting total production capacity 60% over coming years from 500,000 ounces currently to 800,000 ounces in 2028. Such growth promises significant cash flow expansion as gold prices rise.

Alamos Gold appears primed for future rerating as the market recognizes both high-quality assets and sector-leading growth. Exposure to rising gold prices with less risk forms a compelling opportunity for precious metals investors.


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$GOLD BULL CATALYST: Situation Is Dire As Worries Mount Over United States
Worries are increasing regarding the United States and this is definitely going to be a positive catalyst
for the gold bull market.


$Gold Legal Tender GOD'S Real Money -
$GOD We Trust - Real Money - AU Safety 6000yrs



$Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -[
Prayers TIA.

http://www.biblebelievers.org.au/monie.htm

https://www.usdebtclock.org/

God Bless
Amen
👍️0
NYBob NYBob 8 months ago
$Alamos Gold (TSX:AGI) - High-Margin Growth Strategy Built for Shareholders
Crux Investor
87.6K subscribers



https://www.youtube.com/watch?v=ISuookS3mPc


4,797 views Nov 23, 2023
Interview with John A. McCluskey, President & CEO of Alamos Gold Inc.

Recording date: 21st November 2023

Driving Returns Through Operational Excellence and Focused Growth
Alamos Gold is a growth story and represents a unique investment opportunity within the gold mining space, combining steady free cash flow generation with extensive visible production growth. Since its founding in 2003, the company has created significant value for shareholders by converting high-margin assets into expanding low-cost gold output.

Led by mining veterans, management has systematically built a portfolio of Tier 1 operating mines during periods of market dislocation. These high-grade cornerstone assets in mining-friendly North American jurisdictions provide sector-leading cost performance. Supported by peer-low All-In Sustaining Costs (AISC) of around $1,000 per ounce, the company generates substantial cash flows throughout metal price cycles.

Unlike most mid-tier peers focused nearer-term on mine site exploration or marginal acquisitions, Alamos’ growth trajectory centers around fully-funded low-risk expansions. These construction projects add scale while lowering costs through operational leverage. The largest endeavor currently underway involves expanding Island Gold underground operations, which promises to increase output over 115% by 2026 once complete. Supporting further growth, existing infrastructure provides processing flexibility, extensive tailings capacity, and lower capital intensity for future development.

Beyond current mines, the company also controls what it believes is the best undeveloped gold deposit in Canada at Lynn Lake. Taken together, management targets boosting total production capacity 60% over coming years from 500,000 ounces currently to 800,000 ounces in 2028. Such growth promises significant cash flow expansion as gold prices rise.

Alamos Gold appears primed for future rerating as the market recognizes both high-quality assets and sector-leading growth. Exposure to rising gold prices with less risk forms a compelling opportunity for precious metals investors.


$GOLD PRICES HIT ALL TIME HIGH IN AUSTRALIA, JAPAN, CHINA, TAIWAN | CNBC TV18
WATCH



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$GOLD HUGE! This Is the BIGGEST $Gold News in 50 Years, It's Time to Go All-In - Andy Schectman
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https://www.youtube.com/watch?v=FufotnaO3kQ

$GOLD BULL CATALYST: Situation Is Dire As Worries Mount Over United States
Worries are increasing regarding the United States and this is definitely going to be a positive catalyst
for the gold bull market.


$Gold Legal Tender GOD'S Real Money -
$GOD We Trust - Real Money - AU Safety 6000yrs



$Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -[
Prayers TIA.

http://www.biblebelievers.org.au/monie.htm

https://www.usdebtclock.org/

God Bless
Amen
👍️0
NYBob NYBob 1 year ago
Alamos Gold Declares Quarterly Dividend
T.AGI | 3 days ago
TORONTO, June 05, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share. The Company has paid dividends for 14 consecutive years during which time $304 million has been returned to shareholders through dividends and share buybacks, including $20 million thus far in 2023.
The dividend is payable on June 29, 2023 to shareholders of record as of the close of business on June 15, 2023. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes.

Dividend Reinvestment Plan

The Company has implemented a dividend reinvestment plan (“DRIP”). This gives shareholders the option of increasing their investment in Alamos, at a discount to the prevailing market price and without incurring any transaction costs, by electing to receive common shares in place of cash dividends. For shareholders that elect to participate in the DRIP, common shares will be issued from treasury at a 3% discount to the prevailing market price.

Enrollment in the DRIP is optional. Further information on the plan, including the forms needed to enroll are available on the Company’s website at http://www.alamosgold.com/investors/Dividend-Reinvestment-Plan. In order to be eligible to participate in the June 29, 2023 dividend, enrollment must be completed by 4:00 pm EST on the fifth business day prior to the June 15, 2023 dividend record date.

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a strong portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba, Canada. Alamos employs more than 1,900 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Scott K. Parsons
Senior Vice President, Investor Relations
(416) 368-9932 x 5439
All amounts are in United States dollars, unless otherwise stated.
The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.
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TrendTrade2016 TrendTrade2016 1 year ago
AGI this gold play is ready to explode. Ready for 13.00 then 14.00. Absolutely the best gold monster.
👍️ 1
TrendTrade2016 TrendTrade2016 1 year ago
AGI ready to rock. No debt and great management. Watch how this heads to 13.00 in the weeks to come
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nowwhat2 nowwhat2 1 year ago
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blackcat blackcat 2 years ago
Still my best overall hedge.
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NYBob NYBob 2 years ago
Alamos Gold Reports Second Quarter 2022 Results
READ MORE

https://www.alamosgold.com/home/default.aspx

NEWS HIGHLIGHT
JUNE 28, 2022
Alamos Gold Announces Phase 3+ Expansion of Island Gold to 2,400 tpd, Driving a
Larger, More Profitable Operation with Average Annual Gold Production of 287k oz,
Industry Low All-in Sustaining Costs of $576/oz, and a 31% Increase in Net Present
Value (“NPV”) to $2.0 Billion at $1,850/oz Gold

https://www.alamosgold.com/home/default.aspx
👍️0
NYBob NYBob 2 years ago
Alamos Gold Announces Phase 3+ Expansion of Island Gold to 2,400 tpd, Driving a Larger, More Profitable Operation with Average Annual Gold Production of 287k oz, Industry Low All-in Sustaining Costs of $576/oz, and a 31% Increase in Net Present Value (“NPV”) to $2.0 Billion at $1,850/oz Gold
HIGHLIGHT
JUNE 28, 2022

https://www.alamosgold.com/news-and-events/default.aspx#news--widget

https://www.alamosgold.com/investors/default.aspx#corporate-presentations

https://www.alamosgold.com/
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NYBob NYBob 2 years ago
Alamos Gold Enters into Automatic Share Purchase Plan and Announces Share Repurchases Under Normal Course Issuer Bid
T.AGI | 4 days ago
TORONTO, May 19, 2022 (GLOBE NEWSWIRE) --

Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has entered into an automatic share purchase plan (“ASPP”) with a broker in order to facilitate repurchases of Alamos’ Class A common shares (“Common Shares”) under its previously announced normal course issuer bid (“NCIB”). Since December 24, 2021, Alamos has purchased 1.0 million shares in total pursuant to the NCIB at an average price of US$7.415 at a cost of $7.4 million, with all the purchases occurring in May 2022.
During the effective period of the ASPP, Alamos’ broker may purchase Common Shares at times when Alamos would not be active in the market due to insider trading rules and its own internal trading blackout periods. Purchases will be made by Alamos’ broker based upon parameters set by Alamos when it is not in possession of any material non-public information about itself and its securities, and in accordance with the terms of the ASPP. Outside of the effective period of the ASPP, Common Shares may continue to be purchased in accordance with Alamos’ discretion, subject to applicable law. The ASPP has been entered into in accordance with the requirements of applicable Canadian securities laws.

Alamos previously announced that it had received approval from the Toronto Stock Exchange ("TSX") to, during the 12-month period commencing December 24, 2021 and terminating December 23, 2022, purchase up to 29,994,398 Common Shares, representing approximately 10% of the Company’s public float of the Common Shares as of December 15, 2021, being 299,943,980 Common Shares (as of December 15, 2021, there were 391,962,704 Common Shares issued and outstanding), by way of a NCIB on the TSX or through alternative trading systems or by such other means as may be permitted under applicable law.

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a significant portfolio of development stage projects in Canada, Mexico, Turkey, and the United States. Alamos employs more than 1,700 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Scott K. Parsons
Vice President, Investor Relations
(416) 368-9932 x 5439
All amounts are in United States dollars, unless otherwise stated.

The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.

Cautionary Note

This news release includes certain statements that constitute forward-looking information within the meaning of applicable securities laws ("Forward-looking Statements"). All statements in this news release, including statements regarding potential future purchases by Alamos of its Common Shares pursuant to the NCIB including ASPP, other than statements of historical fact, which address events, results, outcomes or developments that Alamos expects to occur are Forward-looking Statements. Forward-looking Statements are generally, but not always, identified by the use of forward-looking terminology such as "expects", is “expected", "anticipates", "plans" or “is planned”, “trends”, "estimates", "intends" or “potential” or variations of such words and phrases and similar expressions or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved or the negative connotation of such terms.

Alamos cautions readers not to place undue reliance on the forward-looking statements in the information and content on this news release as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, outlooks, expectations, goals, estimates or intentions expressed in the Forward-looking Statements. These factors include, but are not limited to: changes in the financial markets, changes in applicable laws and governmental regulations, fluctuations the price of gold, fluctuations in relative currency values, risks related to obtaining and maintaining necessary permits and the unpredictability of and fluctuation in the trading price of the Company’s common shares.

Additional risk factors and details with respect to risk factors affecting the Company are set out in the Company’s latest Annual Information Form and MD&A, each under the heading “Risk Factors”, available on the SEDAR website at www.sedar.com or on EDGAR at www.sec.gov. The foregoing should be reviewed in conjunction with the information found in this news release. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether written or oral, or whether as a result of new information, future events or otherwise, except as required by applicable law.

$In GOD We Trust - Real Money - AU Safety 6000yrs )



https://www.kitconet.com/images/quotes_7a.gif?1493417496003









https://www.kitco.com/images/live/silver.gif?0.8344882022363285

Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

https://www.usdebtclock.org/

https://www.worldometers.info/coronavirus/country/us/

https://www.whatdoesitmean.com/index.htm

God Bless.
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blackcat blackcat 2 years ago
As well as it's doing- it might be time to take some profits pretty soon.
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NYBob NYBob 2 years ago
Alamos Gold Announces Significant Permitting Milestone at Island Gold with Filing of Closure Plan Amendment
March 16 2022 - 05:00PM
GlobeNewswire Inc.


https://ih.advfn.com/stock-market/NYSE/alamos-gold-AGI/stock-news/87576492/alamos-gold-announces-significant-permitting-miles
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blackcat blackcat 3 years ago
BY MT Newswires
— 1:13 PM ET 08/24/2021

01:13 PM EDT, 08/24/2021 (MT Newswires) -- Platinex Inc. ( PANXF
on Tuesday surged 12.5% on last look after reporting the purchase of additional mining claims in Shining Tree.

The purchase price includes 5 million Platinex ( PANXF common shares and a 2% net smelter returns royalty on the mining claims.

Platinex ( PANXF ) has consolidated the former Ronda mine which is the largest former producer at Shining Tree providing virtually 100% ownership of the mine workings, depth, and strike extensions by buying the claims of Alamos Gold Inc. ( AGI ) unit Trillium Mining Corp.

The transaction provides Alamos with an equity position in Platinex ( PANXF and greater regional participation in the developing Shining Tree camp.

At Shining Tree, the company said its work program, which began in September 2020, is ongoing and includes a program of linecutting, DHIP inversion study of the Herrick drilling done in 2008-2011, an IP survey covering 28.5 line kilometers of the grid, including parts of the Caswell and Ronda Mine area, and areas south of and through the Herrick Mine and Churchill Mine.

The IP survey identified 25 IP chargeability anomalies including 16 identified as high priority, the company added.

The company expects to announce the Herrick Resource Estimate in October with recommendations for additional definition drilling.
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NYBob NYBob 3 years ago
$Alamos Gold Extends Gold Mineralization Below Mineral Reserves and
Resources at Young-Davidson Including Intersecting Higher Grades in
Hanging Wall and Footwall


https://www.alamosgold.com/home/default.aspx


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164515626


https://www.alamosgold.com


In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif



Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
👍️0
blackcat blackcat 3 years ago
It's nice to own this. It would be easy to trade, but I never get around to it.
👍️0
NYBob NYBob 3 years ago
Richest gold mines in Canada in Q1 2021 - report
Vladimir Basov Vladimir Basov
Friday June 18, 2021 12:34
Kitco News


$The second richest Alamos Gold’ Island Gold mine is a high grade,
low-cost underground mining operation located just east of the town
of Dubreuilville, Ontario, Canada, 83km northeast of Wawa.
Underground grades processed averaged 13 g/t Au in the first quarter,
an 11% increase over Q1 2020 and above the Mineral Reserve grade.


All richest gold mines in Canada are underground operations.
The complete list is below.

Richest gold mines in Canada in Q1 2021



https://www.kitco.com/news/2021-06-18/Richest-gold-mines-in-Canada-in-Q1-2021-report.html

$Alamos Gold Reports Best Hole Drilled to Date at Island Gold (71.21 g/t
Au (39.24 g/t cut) over 21.33 m true width),
Extending High-Grade Gold Mineralization Down-Plunge from Existing
Mineral Resources

Alamos Gold Inc.
Tue., June 15, 2021, 3:30 a.m.


https://ca.finance.yahoo.com/news/alamos-gold-reports-best-hole-103000554.html


Ps.

Alamos Gold should buy MMY bargain producer of gold & silver -


$Monument Mining Limited (MMY.VN) -


$MMY- $70 mil in assets and only a $42 mil market cap? NO DEBT! )

https://www.barchart.com/stocks/quotes/MMY.VN/opinion

$Way undervalued and oversold - 5 bagger + + + + ? or more -
IMO!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161590519




In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA


👍️0
NYBob NYBob 3 years ago
$Alamos Gold Reports Best Hole Drilled to Date at Island Gold (71.21 g/t
Au (39.24 g/t cut) over 21.33 m true width),
Extending High-Grade Gold Mineralization Down-Plunge from Existing
Mineral Resources

Alamos Gold Inc.
Tue., June 15, 2021, 3:30 a.m.


https://ca.finance.yahoo.com/news/alamos-gold-reports-best-hole-103000554.html


In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif



Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated



👍️0
NYBob NYBob 3 years ago
$Alamos Webinar; Check out the Bloor Street Capital webinar

this week with

John McCluskey, CEO of Alamos Gold Inc

https://bit.ly/33NIyGh.

Not a bad time to re-enter the $GOLD producers as gold seems to have build a solid foundation to launch from


Alamos Gold Makes US$1.0 Billion Claim Against Turkey, Takes


Alamos Gold this morning announced that it is making a US$1.0 billion
investment treat claim against the Republic of Turkey in relation to
unnecessary delays at one of its projects.

In connection with the claim, the company is also being forced
to take a significant impairment charge within its
second quarter results.

https://thedeepdive.ca/alamos-gold-makes-us1-0-billion-claim-against-turkey-takes-215-million-impairment-charge/



Gold & Silver bulls starting to break out > ^ > ^ > ^

In GOD We Trust - Real Money -






https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA.
👍️0
NYBob NYBob 3 years ago
blackccat thanks; It will be a lot of $money for Alamos when
it works out and all we need to do its to pray for the
positive Alamos side )
imo!

https://www.alamosgold.com/news-and-events/default.aspx


APRIL 20, 2021
Alamos Gold Announces US$1 Billion Investment Treaty Claim Against the Republic of Turkey
DOWNLOAD PRESS RELEASE
PDF FORMAT (OPENS IN NEW WINDOW)
PDF 131 KB
TORONTO, April 20, 2021 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or, including its direct and indirect subsidiaries, the “Company”) regrets to announce that its Netherlands wholly-owned subsidiaries Alamos Gold Holdings Coöperatief U.A, and Alamos Gold Holdings B.V. (the “Subsidiaries”) will file an investment treaty claim against the Republic of Turkey for expropriation and unfair and inequitable treatment, among other things, with respect to their Turkish gold mining project. The claim will be filed under the Netherlands-Turkey Bilateral Investment Treaty (the “Treaty”), and is expected to exceed $1 billion, representing the value of the Company’s Turkish assets.

Alamos has had an active presence in Turkey since 2010. Over that time frame, the Company’s Turkish operations have met all legal and regulatory requirements, complied with best practices relating to sustainable development including meeting the highest environmental and social management standards, created hundreds of jobs, and developed trusting relationships with the local communities. Alamos and the Subsidiaries have invested over $250 million in Turkey, unlocked over a billion dollars worth of project value, and contributed over $20 million in royalties, taxes and forestry fees to the Turkish government. Over the life of the project, government revenues alone are expected to total $551 million. Additionally, Alamos and the Subsidiaries have invested $25 million to date towards various community and social initiatives.

In October 2019, well into construction of the Kirazli Gold Mine (“Kirazli”), the government failed to grant a routine renewal of the Company’s mining licenses, despite the Company having met all legal and regulatory requirements for their renewal. This past October, the Turkish government refused the renewal of the Company’s Forestry Permit. The Company had been granted approval of all permits required to construct Kirazli including the Environmental Impact Assessment approval, Forestry Permit, and GSM (Business Opening and Operation) permit, and certain key permits for the nearby Agi Dagi and Çamyurt Gold Mines. These permits were granted by the Turkish government after the project earned the support of the local communities and passed an extensive multi-year environmental review and community consultation process.

In its effort to secure the renewal of its mining licenses, the Company has attempted to work cooperatively with the Turkish government, has raised with the Turkish government its obligations under the Treaty, has sought to resolve the dispute by good faith negotiations, and has made considerable effort to build support among stakeholders and host communities. The Turkish government has failed to provide the Company with a reason for the non-renewal or a timeline for renewal of its licenses.

The failure to renew the Company’s mining licenses will result in the loss of over a half a billion dollars in future economic benefits to the Republic of Turkey, including tax and other revenues, and thousands of jobs within Turkey. In addition to the lost job opportunities, this will also have a lasting impact on the local population through the disruption of ongoing investments into community projects.

“Alamos began investing in Turkey in 2010, warmly welcomed by the Turkish government through its foreign investment office. After 10 years of effort and over $250 million invested by the Company we have been shut down for over 18 months in a manner without precedent in Turkey, despite having received all the permits required to build and operate a mine. The Company has worked in Turkey to the highest standard of conduct with respect to social and environmental best practices. Despite this effort, the Turkish government has given us no indication that relief is in sight, nor will they engage with us in an effort to renew the outstanding licenses. We are hopeful that the arbitration process will bring about the engagement that we have sought from the Turkish state, and lead to an equitable resolution to this impasse,” said John A. McCluskey, President and Chief Executive Officer of Alamos Gold.

Alamos and the Subsidiaries are being represented by the leading Canadian law firm Torys LLP, with a team that includes John Terry and former Canadian Supreme Court Justice, the Hon. Frank Iacobucci. The Company is also being supported by its strategic advisor John Baird, former Canadian Minister of Foreign Affairs and Senior Advisor to Bennett Jones LLP.

Bilateral investment treaties are agreements between countries to assist with the protection of investments. The Treaty establishes legal protections for investment between Turkey and the Netherlands. The Subsidiaries directly own and control the Company’s Turkish assets. The Subsidiaries invoking their rights pursuant to the Treaty does not mean that they relinquish their rights to the Turkish project, or otherwise cease the Turkish operations. The Company will continue to work towards a constructive resolution with the Republic of Turkey. If required, Alamos and the Subsidiaries are confident in the Subsidiaries’ ability to recover and enforce any favourable judgement pursuant to this Treaty, which will be rendered by three independent international arbitrators. Although timelines with respect to bilateral investment treaty arbitration can vary depending on procedural steps and delay tactics employed by nation states, it is estimated to have finality within five years. A portion of the cost of such an arbitral process is expected to be recovered as part of the arbitration process.

The failure by the Republic of Turkey to renew the mining licenses in the 18 months since their expiry, the failure of discussions with the Republic of Turkey to date to resolve the situation, and the resulting current decision to proceed with a bilateral investment treaty claim is an impairment trigger for accounting purposes. As a result, Alamos and the Subsidiaries expect to incur an after-tax impairment charge of approximately $215 million, which will be recorded in the second quarter financial statements. The non-cash charge reflects Alamos’ and the Subsidiaries’ entire net carrying value of the Turkish assets.

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a significant portfolio of development stage projects in Canada, Mexico, Turkey, and the United States. Alamos employs more than 1,700 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.

Investor Contact

Scott K. Parsons
Vice President, Investor Relations
(416) 368-9932 x 5439
ir@alamosgold.com
Media Contact

Rebecca Thompson
Vice President, Public Affairs
(416) 368-9932 x 5448
media@alamosgold.com
All amounts are in United States dollars, unless otherwise stated.

The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements

This News Release contains statements about expected or anticipated future events, financial results and litigation outcomes that are forward-looking in nature and, as a result, are subject to certain risk and uncertainties such as the inherently uncertain nature of potential and ongoing litigation proceedings including outcomes and costs, general economic, political, market and business conditions, regulatory processes and actions, new legislation, government actions or inactions, technical issues, potential delays or changes in plans, the occurrence of unexpected events and the Company’s capability to execute and implement its future plans.

The Republic of Turkey has recently experienced significant political, social, legal and regulatory instability. The impact of the change in political climate in Turkey in recent years is not fully known, but may include heightened control of the judiciary, bureaucracy, media and the private business sector. While the Company is taking the actions described in this News Release to mitigate the effects of the actions of the Turkish government in respect of the Company’s assets and gold mining projects in the Republic of Turkey, there can be no assurance that such mitigating actions will be effective or successful. If unsuccessful, the Company’s assets and gold mining projects in Turkey may be subject to resource nationalism and further expropriation; the Company may lose the full value of its assets and gold mining projects in Turkey and its ability to operate in Turkey. Even if successful, there is no certainty as to the quantum of any damages award, recovery of all, or any, legal costs. Any resumption of activities in Turkey, including renewal of the requisite operating licenses or permits, or even retaining control of its assets and gold mining projects in Turkey can only result from agreement with the Turkish government. The litigation described in this News Release may have an impact on foreign direct investment in the Republic of Turkey which may result in changes to the Turkish economy, including but not limited to high rates of inflation and fluctuation of the Turkish Lira which may also affect the Company’s relationship with the Turkish government, the Company’s ability to effectively operate in Turkey, and which may have a negative effect on overall anticipated project values.

Additional risk factors affecting Alamos and the Company’s ability to achieve expectations set forth in the forward-looking statements contained in this News Release and in general are set out in the Company’s latest 40F/Annual Information Form and Management’s Discussion and Analysis, each under the heading “Risk Factors” available on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.



Primary Logo

Source: Alamos Gold Inc.


$Alamos Gold Makes US$1.0 Billion Claim Against Turkey, Takes


Alamos Gold this morning announced that it is making a US$1.0 billion
investment treat claim against the Republic of Turkey in relation to
unnecessary delays at one of its projects.

In connection with the claim, the company is also being forced
to take a significant impairment charge within its
second quarter results.

https://thedeepdive.ca/alamos-gold-makes-us1-0-billion-claim-against-turkey-takes-215-million-impairment-charge/


http://www.alamosgold.com


In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif



Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

👍️0
blackcat blackcat 3 years ago
I have no familiarity with investment treat claims. I can see why they are making the claim, but I wonder if they think they will actually receive any monies or whether this is a method to compel Turkey to reissue the permits in question.
👍️0
NYBob NYBob 3 years ago
Alamos Gold Makes US$1.0 Billion Claim Against Turkey, Takes


Alamos Gold this morning announced that it is making a US$1.0 billion
investment treat claim against the Republic of Turkey in relation to
unnecessary delays at one of its projects.

In connection with the claim, the company is also being forced
to take a significant impairment charge within its
second quarter results.

https://thedeepdive.ca/alamos-gold-makes-us1-0-billion-claim-against-turkey-takes-215-million-impairment-charge/



In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif



Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA

👍️0
NYBob NYBob 3 years ago
AGI NAKEDSHORTREPORT: here’s a

good place to start -

https://nakedshortreport.com/company/AGI


$My suggestion to all LONGS are;

Please, Copy the above info and email it to AGI -

Please, make AGI aware of the situation and

pray, that AGI start to buy back the shares -

the shorts have to dive for cover (by margin calls) and

the shares should double - triple + + + + to fair share price )
IMO!


In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA
👍️0
blackcat blackcat 3 years ago
Alamos Gold (NYSE:AGI) declares $0.025/share quarterly dividend, 25% increase from prior dividend of $0.02.
Forward yield 1.29%
Payable March 31; for shareholders of record March 17; ex-div March 16.
👍️0
blackcat blackcat 4 years ago
May consider adding a little more with this news.


Alamos Gold Acquires Trillium Mining Consolidating Large Land Package Adjacent to Island Gold Mine
December 17 2020 - 05:00PM
GlobeNewswire Inc.


Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce that it has completed an agreement to acquire Trillium Mining Corp. (“Trillium”) for cash consideration of C$25 million. Trillium holds a large land package comprised of 5,418 hectares (“ha”) directly adjacent to, and along strike from the Island Gold Deposit within the Michipicoten Greenstone Belt.

The acquisition has significantly expanded the Company’s land package around the Island Gold mine to 14,929 ha, a 57% increase (see Figures 1 and 2). This newly acquired land includes significant exploration potential in proximity to existing high-grade Mineral Resources and regionally.

Near Island Gold mine exploration potential

Based on the current geological interpretation of the E1E structure which hosts the Island Gold Deposit, there is strong potential for the structure to extend onto the Trillium mineral tenure. This is further supported by recent drilling, including the best surface exploration hole to date, MH25-04 grading 28.97 grams per tonne of gold (“g/t Au”) (26.89 g/t cut) over 21.76 metres (“m”) true width, and MH25-03 grading 15.38 g/t Au (14.19 g/t cut) over 15.02 m (both previously reported).

These intercepts extended high-grade gold mineralization over significantly greater widths up to 100 m down-plunge from the nearest Inferred Mineral Resource block in Island East. The deposit remains open laterally and down-plunge (Figure 2).

Regional exploration potential

The Trillium land package also provides significant regional exploration potential, adding 10 kilometres of strike extent within the Goudreau Lake Deformation Zone (GLDZ), a primary control on gold mineralization within the Goudreau-Lochalsh segment of the Michipicoten Greenstone Belt. Alamos’ consolidated land package now covers a total of 17 kilometres of highly prospective structures and stratigraphy within the GLDZ. In addition to the Island Gold and Kremzar Deposits, this now includes two past producing gold mines (Cline and Edwards), as well as several historic high-grade gold showings, including the Markes and Vega Zones (Figure 1).

The larger consolidated land package will allow for Alamos to apply a systematic, district scale approach to exploration with targeting based on greenstone belt scale structural and stratigraphic controls on gold mineralization.

Included within the Trillium land package is the Highland Property which is in the final year of a five year option agreement. Following the exercise of the option, expected on February 26, 2021, Alamos will own 100% of the Highland Property.

“The acquisition of Trillium is consistent with our strategy of consolidating prospective land in proximity to our Island Gold mine where we have had tremendous exploration success over the last several years. Island Gold’s Mineral Reserve and Resource base has more than doubled since 2017. We see excellent potential for this growth to continue given ongoing exploration success. The acquisition of these claims ensure we maintain full ownership over future growth of the existing deposit and regionally where there have been a number of high-grade gold occurrences including two past producing mines,” said John A. McCluskey, President and Chief Executive Officer.

Qualified Persons

Chris Bostwick, FAusIMM, Alamos Gold’s Vice President, Technical Services, has reviewed and approved the scientific and technical information contained in this news release. Chris Bostwick is a Qualified Person within the meaning of Canadian Securities Administrator’s National Instrument 43-101 (“NI 43-101”).
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NYBob NYBob 4 years ago
blackcat thanks; Gold Wave Forecast – Is Gold Going To $3750 Or Higher?
December 5, 2020 Chris Vermeulen Technical Analyst, Trader, & Founder of Technical Traders Ltd
28

Watching Gold fall to recent lows over the past few weeks has been heartbreaking for Goldbugs. We know the real value of Precious Metals has continued to be under-appreciated over the past 24+ months – even though gold has rallied from $1165 to over $2085 (an incredible 79%). The recent 15% decline in gold has shaken some investors away from the longer-term opportunities, so we wanted to share our research and highlight some simple Elliot Wave structures with you.

My research team and I believe the recent downward price trend in gold is an ideal setup for an Intermediate Wave 4 pullback of a broader Wave 3 advance. In other words, we believe gold is in the midst of a broad advance cycle that may eventually push price levels to $5000 and above. But, we’ll focus on right now and what we believe is setting up from a Technical Analysis perspective.

The first thing to remember about Elliot Wave Analysis is that we must consider the broad market trends, the intermediate market trends, and the short term wave formations. With almost all types of Technical Analysis, we focus on different time perspectives of price trends and setups to help us better determine opportunities and outcomes.

Simple Elliot Wave StructureS Explained
For those of you unfamiliar with Elliot Wave theory and structure, please pay attention to the example chart below.



Generally, price advances or declines move in three basic shapes:

(1) A straight rally or decline with no visible price corrections within it

(2) An ABC wave formation – which consists of an Impulse wave, a moderate correction, then a final conclusion wave that reaches a new price high or low.

(3) An ABCDE wave formation – which consists of an ABC wave formation followed by an additional moderate correction wave, then another final conclusion wave that reaches a new price high or low.

In the first example, above in black, you can see a very simple detail of the overall (ideal) five total waves that make up every major Elliot Wave structure. In theory, every price advance or decline attempts to follow this structure, BUT, of course there are variances in this structure that often take place.

This is where the second example of a wave, the more detailed wave structure in blue and red, shows how Wave 1 was completed with an ABCDE wave structure and Wave 2 was completed with an ABC wave structure. As you continue to explore how these waves set up and interlink with one another, you can start to imagine how many variations there are within each wave structure. Every segment in each of these examples is considered a Wave Leg, thus every one of these could continue to generate multiple smaller wave structures as we dig deeper into the data.

Elliot Wave Analysis – quarterly gold chart
In this first Quarterly gold chart, below, we are focusing on the broader long-term trends in Gold. This chart spans nearly 30 years of gold price activity and the purpose of starting with this chart is to highlight the Elliot Wave setup showing the Wave 1, Wave 2, and new Wave 3 formations. Our research team believes the end of the DOT COM Equities appreciation cycle (near 2000) prompted a gold appreciation cycle that lasted until 2009~10. The Excess Phase (Blow Off Top) that took place between 2010 and 2013 represented the “unwinding” of the enthusiasm for gold at that time. Then, Gold entered a depreciation phase that lasted from 2009 to 2018~19. That is when we believe a new gold Appreciation phase begun and is still currently a driving force in the continued rally in Precious Metals.



If our research is correct, we are in the midst of a longer-term Wave 3 upside price trend that has recently completed an Intermediate Term Wave 4 downside correction. This suggests that we are now setting up for an Intermediate Term Wave 5 rally that may be equal to the previous Wave 3 rally (roughly $920). If this takes place, gold will likely end the next rally phase near $2700 – where it will enter a new corrective price wave formation – completing the initial Intermediate-term Wave 1 leg.

Confirmation of this setup would come when a solid price bottom sets up above $1725 in gold and when we see price levels rally above $1975 – establishing a recent new price high. As technical traders, we understand that Elliot Wave and Fibonacci Price theories inter-twine with one another. Elliot Wave theory is a process of attempting to mathematically illustrate Fibonacci Price theory at work – creating patterns in price. We believe there are underlying energy frequencies in each wave that prompt current and future price rotations and targets. We are still researching and learning about much of this technique as we further develop our Fibonacci Price Amplitude Arc theory and others.

ELLIOT WAVE ANALYSIS – WEEKLY GOLD CHART
The following Weekly gold chart highlights where we believe a bottom in price must setup to efficiently confirm the Wave 4 correction structure and begin to prompt a new Wave 5 advance to $2700 or higher. Any future breakdown in Gold price levels on this chart below $1715.50 would potentially negate the Wave 4 structure and set up a potentially deeper price correction phase (possibly the end of the longer-term Wave 3 setting up for a deeper corrective wave). As long as gold prices bottom and begin to rally anywhere above the $1715.50 level, we believe the Wave 4 corrective wave is validated – prompting the start of a new Wave 5 advance.

Be sure to sign up for our free market trend analysis and signals now so you don’t miss our next special report!

Given the foregoing, it is important that we watch that $1715.50 level as gold prices continue to hammer out a potential bottom and this broad Elliot Wave pattern continues to unfold. If our research is accurate, then we will see a big upside price trend begin somewhere near December 7, 2020. Our Fibonacci Price Amplitude Arcs (visible on this Weekly chart) show where we believe energy frequencies align (see the starting point of the GREEN ARROW). These alignment areas in price energy typically result in potentially strong price impulse moves.



Any bottom forming near the MAGENTA drawn levels, before the GREEN & BLUE energy frequencies would align with our thinking that gold has retraced nearly 50% of the recent trend (from the March 2020 COVID lows to the recent highs) and therefore may be setting up for a Wave 5 advance targeting $2700 or higher.



As exciting as this may seem, please remember this is a very long-term forecast for gold. This is not something that will happen in a few days or weeks – this trend will likely take place over weeks, months, and years. Still, if you consider the implications to the global market and potential trends, then you will begin to understand that a rally in gold to levels above $2500 suggests that certain pressures and uncertainties will continue to unfold over the next 24+ months in the US and global markets. Gold rallies when fear and uncertainty are present in the markets.

In closing, it may be a very good Christmas rally in gold to close out the end of 2020. There will be lots of great trading opportunities in gold over the next few years as the price of gold works through the different waves discussed above. If you want to stay on top of the price action in gold, silver, and equities then sign up to The Technical Trader newsletter and trade alerts today.

Chris Vermeulen
Chief Market Strategist

Alamos Gold Inc. – Consensus Indicates Potential .8% Upside





Charlotte Edwards
December 8, 2020
8:56 pm
Alamos Gold Inc. with ticker code (AGI) have now 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 10.63 and 6.5 calculating the average target price we see 8.82. Given that the stocks previous close was at 8.75 this now indicates there is a potential upside of .8%. The day 50 moving average is 8.8 and the 200 moving average now moves to 9.26. The company has a market cap of $3,613m. Company Website: http://www.alamosgold.com


Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. It also explores for silver and precious metals. The company’s flagship project is the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada. It also holds interests in a portfolio of development stage projects in Turkey, Canada, Mexico, and the United States. The company was formerly known as AuRico Gold Inc. and changed its name to Alamos Gold Inc. in July 2015. The company was incorporated in 2003 and is headquartered in Toronto, Canada.

Good news travels fast (but only if you make that happen):

https://www.directorstalkinterviews.com/alamos-gold-inc.---consensus-indicates-potential-.8-upside/412945909

Gold & Silver bulls starting to break out > ^ > ^ > ^

In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA



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blackcat blackcat 4 years ago
I added some to all of our accounts earlier this year. Been a really nice hold through all of the volatility. Current profit on the position is 72%. I'd call it a "buy" too,
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NYBob NYBob 4 years ago
Alamos Gold Inc. – Consensus Indicates Potential .8% Upside





Charlotte Edwards
December 8, 2020
8:56 pm
Alamos Gold Inc. with ticker code (AGI) have now 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 10.63 and 6.5 calculating the average target price we see 8.82. Given that the stocks previous close was at 8.75 this now indicates there is a potential upside of .8%. The day 50 moving average is 8.8 and the 200 moving average now moves to 9.26. The company has a market cap of $3,613m. Company Website: http://www.alamosgold.com


Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. It also explores for silver and precious metals. The company’s flagship project is the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada. It also holds interests in a portfolio of development stage projects in Turkey, Canada, Mexico, and the United States. The company was formerly known as AuRico Gold Inc. and changed its name to Alamos Gold Inc. in July 2015. The company was incorporated in 2003 and is headquartered in Toronto, Canada.

Good news travels fast (but only if you make that happen):

https://www.directorstalkinterviews.com/alamos-gold-inc.---consensus-indicates-potential-.8-upside/412945909

Gold & Silver bulls starting to break out > ^ > ^ > ^

In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA



👍️0
dragonparadox dragonparadox 4 years ago
Starting to climb, Up more than a dollar since yesterday. easy double from here. $$$
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blackcat blackcat 4 years ago
Maybe so.

Wonder if they have any interest in it?

Nice to see the profits we have in AGI really starting to amount to something.
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NYBob NYBob 4 years ago
This Conquest CQR Gold Junior AGI Should Buy - CQR Has Also Great Golden Rose Gold Mine Close To AGI Gold Mines -

Golden Rose Mine- Contains a reserve 2.4 million tonnes at 0.26 ounces of gold a tonne that contains 619,000 ounces of gold.
10/5/20160 Comments







https://www.ontarioexplorations101.com/temagami-ontario-mines/golden-rose-mine-owned-by-temagami-gold-inc-contains-a-reserve-24-million-tonnes-at-026-ounces-of-a-tonne-that-contains-619000-ounces-of-gold

Company Conquest Resources Limited
Address Suite 700, 220 Bay Street, Toronto, ON M5J 2W4 Canada
Phone 416-362-8243
Fax 416-368-5344
Email Address terence_mckillen@conquestresources.net

Website http://www.conquestresources.net





Mining Companies Flock To Stake Claims
In Red Lake After Recent Gold Strikes In That Area
Conquest's Alexander Property comprises 27 patented claims
acres adjoining
Goldcorp's Red Lake mine.

Published: July 28, 2020 at 8:32 a.m. ET

https://www.marketwatch.com/press-release/mining-companies-flock-to-stake-claims-in-red-lake-after-recent-gold-strikes-in-that-area-2020-07-28-81973250


Alexander Gold Project
Red Lake, Ontario
is claimed by Goldcorp to be
the richest gold mine in the world



The Alexander Property is situated within 2 kilometres of more than
28 million ounces of gold from past production and current resources
and within 400 metres of Goldcorp’s Far East Zone gold discovery.

The Alexander Property is of ample size to accommodate a high-grade
gold deposit at depth as repetition of the adjacent deposits at
Goldcorp’s Red Lake gold mine.

The stratigraphy under the property remains essentially untested
below 700 metres depth.

The richest gold bearing ore zones exist below a vertical depth of
1,300 metres in the High Grade Zone at
the Goldcorp Red Lake gold mine which is less
than 800 metres from the property boundary.

Conquest's target on the Alexander claims is an extension,
or repetition, of the mineralization at the Red Lake mine.

The Red Lake mine is claimed by Goldcorp to be
the richest gold mine in the world with
approximately 28,000,000 ounces of historic
production and current reserves.

https://www.conquestresources.com/project/alexander-gold/


Location and Property Description
Conquest's Alexander Property comprises 27 patented claims
covering 448 hectares (1,107 acres) adjoining
Goldcorp's Red Lake mine.

Conquest’s land is situated just beyond the security gate at
Goldcorp’s Red Lake gold mine and is almost completely
surrounded by Goldcorp's Red Lake mine property.

The Alexander claim holdings are patented and do not
require any annual minimum expenditures, other than
nominal property taxes.

https://www.conquestresources.com/project/alexander-gold/

https://www.conquestresources.com

$15,000 gold price? Jim Rickards and Peter Schiff give forecasts (Part 1/3)
48,024 views •Jul 30, 2020





https://www.youtube.com/watch?v=TnOcRRJHTmk



The chart attached is a forecast for gold based upon that technique.

The data suggests that this current rally could easily surpass
$2000 per ounce, and is most likely to reach $2100 or higher
by the conclusion of this rally.

Gold & Silver bulls starting to break out > ^ > ^ > ^







In GOD We Trust - Real Money -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA
👍️0
NYBob NYBob 4 years ago
Alamos expands Island Gold with high-grade hits ahead of study release
Canadian Mining Journal Staff | July 14, 2020 | 2:58 pm
Exploration Canada Gold


Alamos expands Island Gold with high-grade hits ahead of study release



Island Gold mine – Image courtesy of Alamos Gold

Alamos Gold has released exploration results from its Island Gold mine in Ontario, which extend high grade areas at the Island East and Main zones, as well as at Island West.

The majority of the notable intercepts in the latest release are from the E1E zone and confirm the vertical continuity of this area over up to 1.2 km, between depths of 300 metres and 1,500 metres.

DRILLING AT ISLAND MAIN RETURNED 10.3 METRES OF 52.1 G/T GOLD AND 4.3 METRES OF 21.01 G/T GOLD UP TO 150 METRES EAST OF EXISTING MINERAL RESERVES

Drill highlights from Island East Lower include 2.3 metres of 44.3 g/t gold and 4.9 metres of 29.05 g/t gold – Alamos continues to hit gold mineralization at E1E within a 120-metre-long gap between inferred resource portions, suggesting a 1.2-km vertical span of this zone in the eastern portion of the deposit.

At Island East Upper, notable new intercepts from E1E include 3.6 metres of 18.72 g/t gold and 2.2 metres of 21.3 g/t gold: these high-grade intervals are from an area that is 200 metres east of existing reserves.

Drilling at Island Main returned 10.3 metres of 52.1 g/t gold and 4.3 metres of 21.01 g/t gold up to 150 metres east of existing mineral reserves.

In addition, surface drilling at Island West returned 5.6 metres of 25.41 g/t gold from the C-zone, extending the gold mineralization by 70 metres from previous drilling.

Additional holes targeting potential new parallel zones returned 2.8 metres of 40.34 g/t gold and 8.6 metres of 3.9 g/t gold.

“Island Gold has seen exceptional growth over the last several years with the deposit doubling in size since we acquired it in 2017,” John McCluskey, the company’s president and CEO, said in a release.

“This growth has been incorporated into a Phase III Expansion study of the operation, which we will be releasing the details of later this week.”

McCluskey added that these latest high-grade exploration results suggest both significant potential for reserve and resource growth at the site as well as upside to the Phase III Expansion scenario.

Four underground and three surface rigs are currently working at Island Gold, with a focus on near-mine resource definition.

Last year, Island Gold generated 150,400 gold oz. at mine-site all-in sustaining costs of $656 per oz. Proven and probable reserves for the site total 3.6 million tonnes at 10.37 g/t gold, containing 1.2 million gold oz. Cut-off grades are between 2.82 g/t gold and 4.89 g/t gold.

(This article first appeared in the Canadian Mining Journal)
https://www.mining.com/alamos-expands-island-gold-with-high-grade-hits-ahead-of-study-release/
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capex_investor capex_investor 4 years ago
There is a live QA webinar with Alamos CEO tomorrow at 4:05 pm EDT. Could be an excellent opportunity to hear about catalysts. https://bit.ly/3ceRxCo
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NYBob NYBob 4 years ago
Alamos Gold Inc New (AGI)
8.59 ? 0.34 (4.12%)
Volume: 2,160,264 @04/30/20 10:49:16 AM EDT
Bid Ask Day's Range
- - 8.13 - 8.77
AGI Detailed Quote
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NYBob NYBob 4 years ago
Alamos Gold reacquiring NSR royalty, lowers cost guidance
Allen Sykora Allen Sykora
Monday March 16, 2020 11:38
Kitco NewsShare this article:
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

(Kitco News) - Alamos Gold Inc. (TSX: AGI; NYSE: AGI) is reacquiring a 3% net-smelter-return royalty on the Island Gold Mine and as a result lowered its cost guidance for 2020, the company announced Monday.



Alamos said it entered into an agreement to acquire and cancel the NSR royalty for $54 million, or C$75 million.

The royalty was acquired from a privately held company and would have been payable on gold production within four patented claims that comprise the majority of currently defined mineral reserves and resources within the Island Gold deposit, the company said.


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Alamos also reported a decrease of $40 per ounce, or 7%, in Island Gold’s 2020 total cash cost guidance to between $480 and $520. The company listed a $40-per-ounce decrease in mine-site all-in sustaining cost guidance to between $740 and $780 per ounce.

The company’s consolidated total cash costs – for all operations – were trimmed by $13 an ounce to between $757 and $797, compared to $770 to $810 previously.

“The acquisition of the royalty further reduces costs at what is already a low-cost operation while also increasing our exposure to the tremendous exploration upside,”said John A. McCluskey, president and chief executive officer.

“Since we acquired Island Gold in 2017, the mineral reserve and resource base has doubled with the deposit approaching 4 million ounces across all categories. With the deposit open laterally and down-plunge across several areas of focus, we see excellent potential for this growth to continue at a greatly reduced royalty on future production.”

By Allen Sykora
For Kitco News

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154369468

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blackcat blackcat 4 years ago
Nice. At least we had one green stock today.
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NYBob NYBob 4 years ago
Alamos Gold Announces Repurchase of 3% NSR Royalty on Island Gold Mine and Corresponding Reduction in 2020 Cost Guidance
T.AGI | 10 hours ago
TORONTO, March 16, 2020 (GLOBE NEWSWIRE) --


Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has entered into an agreement to acquire and cancel a 3% net smelter return (“NSR”) royalty payable on production from the Island Gold mine (the “Royalty”) for total cash consideration of C$75 million ($54 million).

The Royalty was acquired from a privately held company and is payable on gold production within four patented claims (the “Subject Claims”) that comprise the majority of currently defined Mineral Reserves and Resources within the Island Gold deposit.

The acquisition and elimination of the royalty will immediately reduce operating costs and increase operating cash flow while providing increased exposure to Island Gold’s significant exploration potential.

Transaction highlights:

Acquisition and cancellation of the Royalty on all future gold production from the Subject Claims that comprise the majority of the Island Gold deposit. As of December 31, 2019, the Subject Claims contained:
• 0.9 million ounces of Mineral Reserves, representing 71% of Island Gold’s total Mineral Reserves, and
• 1.1 million ounces of Inferred Mineral Resources (see Table 1)
$40 per ounce, or 7%, decrease in Island Gold’s 2020 total cash cost guidance to between $480 and $520 per ounce and $40 per ounce decrease in mine-site all-in sustaining cost guidance to between $740 and $780 per ounce
Increased exposure to Island Gold’s substantial exploration potential with combined Mineral Reserves and Resources having doubled to 2.0 million ounces within the Subject Claims since the end of 2016, including:
• 0.5 million ounce increase in Mineral Reserves to 0.9 million ounces, net of 0.3 million ounces of mining depletion. This reflects the discovery of new Mineral Reserves and strong conversion rate of Inferred Mineral Resources to Reserves of 83% since the end of 2016, and
• 0.5 million ounce increase in Inferred Mineral Resources to 1.1 million ounces
Increased exposure to higher gold prices. At spot gold prices of approximately $1,530 per ounce, Alamos will save $46 per ounce on production from the Subject Claims. In 2019, royalty payments to the Subject Claims totalled C$8 million
Reduction in effective NSR royalty rate on Island Gold’s Mineral Reserves to 2.2% from approximately 4.4%
“The acquisition of the royalty further reduces costs at what is already a low-cost operation while also increasing our exposure to the tremendous exploration upside. Since we acquired Island Gold in 2017, the Mineral Reserve and Resource base has doubled with the deposit approaching four million ounces across all categories. With the deposit open laterally and down-plunge across several areas of focus, we see excellent potential for this growth to continue at a greatly reduced royalty on future production,” said John A. McCluskey, President and Chief Executive Officer.

Island Gold and Consolidated 2020 Cost Guidance Reduced with Elimination of Royalty

Mineral Reserves within the Subject Claims currently account for 71% of total Mineral Reserves at Island Gold. In 2020, over 90% of Island Gold’s gold production is expected to come from within the Subject Claims. With the elimination of the Royalty and associated cost savings, the Company has lowered its 2020 total cash cost and mine-site all-in sustaining cost guidance by $40 per ounce. On a consolidated basis, total cash cost and all-in sustaining cost guidance has also been reduced by $13 per ounce as detailed below.

2020 Initial Guidance 2020 Revised Guidance
Island Gold
Gold Production 000 oz 130-145 130-145
Cost of Sales(1) $/oz $880 $840
Total Cash Costs(2) $/oz $520-560 $480-520
Mine-site AISC(2) $/oz $780-820 $740-780
Consolidated – Alamos Gold
Gold Production 000 oz 425-465 425-465
Cost of Sales(1) $/oz $1,130 $1,117
Total Cash Costs(2) $/oz $770-810 $757-797
Mine-site AISC(2) $/oz $1,020-1,060 $1,007-1,047
(1) Cost of sales includes mining and processing costs, royalties, and amortization expense, and is calculated based on the mid-point of total cash cost guidance.
(2) Refer to the "Non-GAAP Measures and Additional GAAP" disclosure at the end of this press release and the Q4 2019 MD&A for a description and calculation of these measures.

Qualified Persons

Chris Bostwick, FAusIMM, Alamos Gold’s Vice President, Technical Services, has reviewed and approved the scientific and technical information contained in this news release. Chris Bostwick is a Qualified Person within the meaning of Canadian Securities Administrator’s National Instrument 43-101 (“NI 43-101”).

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a significant portfolio of development stage projects in Canada, Mexico, Turkey, and the United States. Alamos employs more than 1,700 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Scott K. Parsons
Vice President, Investor Relations
(416) 368-9932 x 5439
All amounts are in United States dollars, unless otherwise stated.

The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.
Cautionary Note

This news release includes certain statements that constitute forward-looking information within the meaning of applicable Canadian and U.S. securities laws ("forward-looking statements"). All statements in this news release, other than statements of historical fact, which address events, results, outcomes or developments that Alamos expects to occur are forward-looking statements. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology such as “continue”, "expect", "anticipate", "estimate", “guidance” or “potential” or variations of such words and phrases and similar expressions or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved or the negative connotation of such terms. In particular, this news release contains forward-looking statements with respect to the anticipated benefits of the acquisition and cancellation of the Royalty including associated cost savings.

Alamos cautions readers not to place undue reliance on the forward-looking statements which are not guarantees of future events as a number of factors could cause results, conditions, actions or events to differ materially from the targets, outlooks, expectations, goals, estimates or intentions expressed in the forward-looking statements. These factors include, but are not limited to: fluctuations of the price of gold and foreign exchange rates (particularly the Canadian dollar and U.S. dollar); changes to current estimates of mineral reserves and resources; changes to production estimates (which assume accuracy of projected ore grade, mining rates, recovery timing and recovery rate estimates and may be impacted by unscheduled maintenance, labour and contractor availability and other operating or technical difficulties); disruptions affecting operations; risks related to obtaining and maintaining necessary permits, licenses and authorizations required to carry out planned exploration or development work; changes in project parameters as plans continue to be refined;availability of and increased costs associated with mining inputs and labour; contests over title to properties; employee and community relations; changes in national and local government legislation (including tax legislation), controls or regulations and risk of loss due to sabotage and civil disturbances.

For a more detailed discussion of such risks and other factors that may affect the Company's ability to achieve the expectations set forth in the forward-looking statements contained in this news release, see the Company’s latest 40-F/Annual Information Form and MD&A, each under the heading “Risk Factors”, available on the SEDAR website at www.sedar.com or on EDGAR at www.sec.gov. The foregoing should be reviewed in conjunction with the information found in this news release.

The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

Cautionary Note to U.S. Investors – Mineral Reserve and Resource Estimates

All Mineral Resource and Reserve estimates included in this news release or documents referenced in this news release have been prepared in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and the Canadian Institute of Mining, Metallurgy and Petroleum (the "CIM") - CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended (the "CIM Standards"). NI 43-101 is a rule developed by the Canadian Securities Administrators, which established standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. The terms "Mineral Reserve", "Proven Mineral Reserve" and "Probable Mineral Reserve" are Canadian mining terms as defined in accordance with NI 43-101 and the CIM Standards. These definitions differ materially from the definitions in the Securities Exchange Commission (the “SEC”) Industry Guide 7 ("SEC Industry Guide 7") under the United States Securities Act of 1933, as amended, and the Exchange Act. Under SEC Industry Guide 7 standards, a "final" or "bankable" feasibility study is required to report reserves, the three-year historical average price is used in any reserve or cash flow analysis to designate reserves and the primary environmental analysis or report must be filed with the appropriate governmental authority. The terms "Mineral Resource", "Measured Mineral Resource", "Indicated Mineral Resource" and "Inferred Mineral Resource" are defined in and required to be disclosed by NI 43-101 and the CIM Standards; however, these terms are not defined terms under SEC Industry Guide 7 and are normally not permitted to be used in reports and registration statements filed with the SEC. Investors are cautioned not to assume that all or any part of mineral deposits in these categories will ever be converted into Mineral Reserves. "Inferred Mineral Resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or pre-feasibility studies, except in very limited circumstances. Investors are cautioned not to assume that all or any part of an Inferred Mineral Resource exists or is economically or legally mineable. Disclosure of "contained ounces" in a Mineral Resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in place tonnage and grade without reference to unit measures.

The SEC has adopted final rules, effective February 25, 2019, to replace SEC Industry Guide 7 with new mining disclosure rules under sub-part 1300 of Regulation S-K of the U.S. Securities Act (the “SEC Modernization Rules”). The SEC Modernization Rules replace the historical property disclosure requirements included in SEC Industry Guide 7. As a result of the adoption of the SEC Modernization Rules, the SEC now recognizes estimates of “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources”. In addition, the SEC has amended its definitions of “proven mineral reserves” and “probable mineral reserves” to be substantially similar to international standards. The SEC Modernization Rules will become mandatory for U.S. reporting companies beginning with the first fiscal year commencing on or after January 1, 2021.

Table 1: Island Gold Mineral Reserves and Resources as of December 31, 2019

Island Gold Mineral Reserves and Resources as of December 31, 2019
Subject Claims Total – Island Gold % of Total
Tonnes Grade Ounces Tonnes Grade Ounces Ounces
(000's) (g/t Au) (000's) (000's) (g/t Au) (000's) (000's)
Proven & Probable Mineral Reserves 2,411 11.20 868 3,643 10.37 1,215 71%
Measured & Indicated Mineral Resources 426 5.74 79 879 6.51 184 43%
Inferred Mineral Resources 2,649 12.42 1,058 5,392 13.26 2,298 46%

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GlobeNewswire
March 16, 2020 - 3:30 AM PDT
Tags:
INDUSTRIAL METALS & MINERALS

1
👍️0
NYBob NYBob 4 years ago
Alamos Gold Declares Quarterly Dividend and Adopts Dividend Reinvestment and Share Purchase Plan
T.AGI |
TORONTO, March 03, 2020 (GLOBE NEWSWIRE) --

Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.015 per common share and introduced a Dividend Reinvestment and Share Purchase Plan (“DRIP”).

Quarterly Dividend Increased 50%

As announced in December 2019, the Company has increased its quarterly dividend by 50% to an annual rate of US$0.06 per common share. The increase is a reflection of the Company’s strong free cash flow outlook with the lower mine expansion at Young-Davidson on track to be completed in June 2020. This represents the Company’s 11th consecutive year of paying a dividend during which time the Company has returned $161 million to shareholders through dividends and share buybacks.

The dividend is payable on March 31, 2020 to shareholders of record as of the close of business on March 17, 2020. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes. For shareholders that elect to participate in the DRIP as outlined below, common shares granted as part of the March 31, 2020 dividend will be issued from treasury at a 2% discount to the prevailing market price.

Dividend Reinvestment and Share Purchase Plan

The Company has implemented a dividend reinvestment and share purchase plan. This will give shareholders the option of increasing their investment in Alamos, at a discount to the prevailing market price and without incurring any transaction costs, by electing to receive common shares in place of cash dividends.

Shareholders who elect to participate in the DRIP will also have the option of acquiring additional common shares in the Company (subject to limitations) at a discount to the prevailing market price, and without incurring additional transaction costs.

The Company has the discretion to elect to issue such common shares at up to a 5% discount to the prevailing market price from treasury, or purchase the common shares on the open market including the facilities of the New York Stock Exchange, and will advise as such with each dividend declaration.

Enrollment in the DRIP is optional. Further information on the plan, including the forms needed to enroll are available on the Company’s website at http://www.alamosgold.com/investors/Dividend-Reinvestment-Plan. In order to be eligible to participate in the March 31, 2020 dividend, enrollment must be completed by 4:00 pm EST on the fifth business day prior to the March 17, 2020 dividend record date.

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a significant portfolio of development stage projects in Canada, Mexico, Turkey, and the United States. Alamos employs more than 1,700 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Scott K. Parsons
Vice President, Investor Relations
(416) 368-9932 x 5439
All amounts are in United States dollars, unless otherwise stated.

The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.


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GlobeNewswire
March 3, 2020 - 4:00 AM PST
Tags:
INDUSTRIAL METALS & MINERALS
All the mines that have been developed, around those mines,
in Abitibi for example, there’s a lot of potential,”
Guilbault told Kitco News on the sidelines of
the Xplor Mining Convention in Montreal.
Ex....

http://abcourt.com/

https://abcourt.com/miningproperties/

In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA
👍️0
blackcat blackcat 4 years ago
Nice results! Thanks!
👍️0
NYBob NYBob 4 years ago
Alamos Gold Reports Mineral Reserves and Resources for the Year-Ended 2019
T.AGI | 1 day ago
Island Gold’s Significant Growth Continues with a 21% Increase in Mineral Reserves and 46% Increase in Inferred Mineral Resources
All amounts are in United States dollars, unless otherwise stated.

TORONTO, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its updated Mineral Reserves and Resources as of December 31, 2019. For a detailed summary of Mineral Reserves and Resources by project, refer to the tables below.
Highlights

Island Gold’s Mineral Reserves and Resources increased by a combined 921,000 ounces, net of mining depletion, including:
21% increase in Proven and Probable Mineral Reserves to 1.22 million ounces (3.6 million tonnes (“mt”) grading 10.37 grams per tonne of gold (“g/t Au”)), net of mining depletion
46% increase in Inferred Mineral Resources to 2.30 million ounces (5.4 mt grading 13.26 g/t Au) with grades also increasing 13% reflecting higher grade additions in Island East
Combined Mineral Reserves and Resources now total 3.70 million ounces, double the 1.84 million ounces at the time of acquisition in 2017, net of 364,000 ounces of mining depletion
Global Proven and Probable Mineral Reserves of 9.73 million ounces of gold (203 mt grading 1.49 g/t Au), up slightly from 9.70 million ounces at the end of 2018 with increases primarily at Island Gold offsetting 576,000 ounces of mining depletion
Global Measured and Indicated Mineral Resources of 7.04 million ounces of gold (199 mt grading 1.10 g/t Au), down 3% reflecting the conversion to Mineral Reserves at Young-Davidson
Global Inferred Mineral Resources increased 10% to 5.98 million ounces of gold (130 mt grading 1.43 g/t Au), with grades also increasing 10% driven by the 725,000 ounce increase at Island Gold
Global exploration budget of $36 million in 2020, a 24% increase from the $29 million spent in 2019. This includes $21 million at Island Gold focused on defining additional near mine Mineral Reserves and Resources, $7 million budgeted at Mulatos and $5 million budgeted at Lynn Lake
“We had another tremendous year at Island Gold on all fronts with the asset continuing to evolve into a world class ore body. Over the past two years we have added more than two million ounces of Mineral Reserves and Resources, before mining depletion, with the deposit now approaching four million ounces in all categories. We see strong potential for this growth to continue with the deposit open laterally and down-plunge across multiple areas of focus,” said John A. McCluskey, President and Chief Executive Officer.
“The majority of this growth is being incorporated into a Phase III expansion study of Island Gold supporting what we expect will be a larger, increasingly profitable, long-life operation in one of the best mining jurisdictions in the world,” Mr. McCluskey added.

TOTAL MINERAL RESERVES AND RESOURCES

https://stockhouse.com/news/press-releases/2020/02/18/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2019


In GOD We Trust -





https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA
👍️0
blackcat blackcat 5 years ago
This is nice.

I have been adding bits here and there on dips.
👍️0
NYBob NYBob 5 years ago
Alamos Gold Further Extends High-Grade Mineralization at Island Gold
T.AGI | 41 minutes ago

Exploration Success from 2019 Program Expected to Drive Strong Growth
in Mineral Resources
TORONTO, Jan. 15, 2020 (GLOBE NEWSWIRE) --

Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”)
today reported new results from surface and underground exploration
drilling at the Island Gold mine, further extending high-grade gold
mineralization beyond existing Mineral Resources in all three areas of
focus.
All reported drill widths are true width of the mineralized zones,
unless otherwise stated.

Main Extension Down-Plunge: high-grade mineralization extended
80 metres (“m”) east of existing Mineral Resources (MH17-12) and
50 m below the nearest previously reported intersection (MH17-07).
High-grade mineralization has been extended over 1,000 m east of
current mine workings and remains open along strike to the east, and
both up- and down-plunge.
New highlights include:
121.32 g/t Au (96.47 g/t cut) over 3.81 m (MH20-01);
108.17 g/t Au (94.56 g/t cut) over 2.57 m (MH17-11); and
36.45 g/t Au (13.23 g/t cut) over 8.04 m (MH17-12).

Eastern Extension: high-grade mineralization intersected 170 m east of the nearest Indicated Mineral Resource (620-610-07). This area is located 225 m above the high-grade intersections in the new area of focus. New highlights include:
32.19 g/t Au (25.48 g/t cut) over 4.68 m (620-610-01); and
20.18 g/t Au (20.18 g/t cut) over 3.24 m (620-610-07).

Gap between Main and Eastern Extensions: extended high-grade mineralization 50 m to the west in the new area of focus to now cover a lateral extent of 350 m, and confirmed the continuity of high-grade mineralization at a drill density that will support the declaration of an initial Inferred Mineral Resource. All 17 holes drilled to date in this area have intersected the E1E Zone including 12 intersecting ore grade gold mineralization. This has confirmed the E1E Zone extends vertically over 1.2 kilometres (“km”), between a depth of 300 m and 1,500 m in the eastern part of the deposit. New highlights include:
21.28 g/t Au (21.28 g/t cut) over 9.01 m (MH18-09); and
28.50 g/t Au (23.13 g/t cut) over 4.38 m (MH18-10).
Note: Drillhole composite intervals reported as “cut” may include higher grade samples which have been cut to 225 g/t Au for Main and Extension 1 areas, and 160 g/t Au for Extension 2 Area.

“We had another exceptional year at Island Gold operationally, financially and through the drill bit. The operation produced 150,400 ounces of gold in 2019, achieving a new record for the fifth consecutive year, and set a new record for free cash flow. With the ongoing exploration success, we expect further growth in Island Gold’s Mineral Reserves and Resources with our year-end update. This growth will be incorporated into the Phase III expansion study which we plan to complete during the second quarter of 2020. We expect this study will showcase a larger, extremely profitable, long-life operation,” said John A. McCluskey, President and Chief Executive Officer.

2019 Exploration Drilling Program – Island Gold Mine

The 2019 exploration drilling program was focused on further expanding the down-plunge and lateral extensions of the Island Gold deposit with the objective of adding new near mine Mineral Resources across the two-kilometre long Island Gold Main Zone (Figure 1).

The program has been successful in extending high-grade gold mineralization across all three areas of focus, the Main, Western, and Eastern Extensions. This is expected to drive further growth in Mineral Reserves and Resources in the 2019 year-end update to be completed in February 2020. This is a continuation of the significant growth in Mineral Reserves and Resources already realized since the November 2017 acquisition of Island Gold.

A total of 47,608 m of surface directional and 24,462 m of underground exploration drilling was completed in 2019. New highlight intercepts since August 31, 2019 can be found in Figures 1, 2, 3, and 4; and Tables 1 and 2 at the end of this news release.

2020 Exploration Drilling Program – Island Gold Mine

A total of $21 million has been budgeted in 2020 for surface and underground exploration at Island Gold, an increase from the 2019 budget of $19 million. The focus remains on continuing to define new near mine Mineral Resources. The 2020 budget includes 46,000 m of surface directional drilling, 30,000 m of underground exploration drilling, and 900 m of underground exploration development to extend drill platforms on the 340, 620, 790, and 840 levels.

A regional exploration program which includes 10,000 m of drilling is also planned in 2020, focused on evaluating and advancing exploration targets outside the main Island Gold Mine area on the 9,750-hectare Island Gold Property.

Main Extension

Surface directional drilling continues to extend gold mineralization with drill hole spacing ranging from 50 to 100 m (Figure 2).

New highlights from the surface drilling program include (E1E-Zone) (Table 1):

121.32 g/t Au (96.47 g/t cut) over 3.81 m (MH20-01);
108.17 g/t Au (94.56 g/t cut) over 2.57 m (MH17-11);
36.45 g/t Au (13.23 g/t cut) over 8.04 m (MH17-12);
9.96 g/t Au (9.96 g/t cut) over 7.79 m (MH21-02);
12.56 g/t Au (10.16 g/t cut) over 6.85 m (MH14-8);
10.69 g/t Au (10.69 g/t cut) over 6.08 m (MH20-02);
8.27 g/t Au (8.27 g/t cut) over 7.16 m (MH21-03); and
9.95 g/t Au (9.95 g/t cut) over 3.60 m (MH20-03).
Gold mineralization continues to be expanded above, below and east as far as 200 m from existing Inferred Mineral Resources, and over one kilometre from existing mine workings. This includes new drillholes MH17-12 (36.45 g/t Au (13.23 g/t cut) over 8.04 m) and MH17-11 (108.17 g/t Au (94.56 g/t cut) over 2.57 m) which extended high-grade gold mineralization 80 m east of existing Mineral Resources and 50 m below the previously reported drill hole MH17-07 (16.61 g/t Au (14.48 g/t cut) over 7.27 m).

Drillhole MH20-02 (10.69 g/t Au (10.69 g/t cut) over 6.08 m) extended high-grade mineralization 145 m above and east of the nearest Inferred Mineral Resources. Drillhole MH21-03 (8.27 g/t Au (8.27 g/t cut) over 7.16 m) also expanded high-grade mineralization 120 m above existing Mineral Resources. Importantly, this also closed the gap to within 145 m of the nearest intercept in the new area of focus (new drillhole MH18-09 (21.28 g/t Au (21.28 g/t cut) over 9.01 m)). This east plunging high-grade ore shoot remains open laterally, and up- and down-plunge.

Underground exploration drilling is being conducted from the 620 and 840 level exploration drifts in the Main Extension area to test the continuity of known Mineral Resource and Reserve blocks.

New highlights from the underground exploration drilling program in the E1E Zone include (Figure 3, Table 2):

8.98 g/t Au (8.98 g/t cut) over 7.65 m (840-560-04);
8.64 g/t Au (8.64 g/t cut) over 6.38 m (840-560-09);
9.48 g/t Au (9.48 g/t cut) over 4.36 m (840-554-04); and
11.66 g/t Au (11.66 g/t cut) over 2.76 m (840-560-11).
Three surface and two underground diamond drill rigs remain active in the Main Extension target area, focused on further extending high-grade mineralization and defining additional Mineral Resources.

Drilling completed in 2019 in the eastern part of the Island Gold mine (Main Extension area, new area of focus and Eastern Extension area) has confirmed the continuity of the E1E gold zone at depth. This zone now extends from 300 m to a vertical depth of more than 1,500 m.

Eastern Extension

Underground exploration drilling is being conducted from the 340 and 620 level exploration drifts. Drilling from the two levels is testing an area to the east of the Mineral Reserve and Mineral Resource blocks in the Eastern Extension, between 300 m and 1,100 m vertical depths, and above Inferred Mineral Resources in the Main Extension.

New highlights from the underground exploration drilling program in the E1E Zone include (Figure 3, Table 2):

32.19 g/t Au (25.48 g/t cut) over 4.68 m (620-610-01);
20.18 g/t Au (20.18 g/t cut) over 3.24 m (620-610-07);
11.90 g/t Au (11.90 g/t cut) over 4.03 m (620-604-17);
10.26 g/t (10.26 g/t cut) over 3.28 m (620-610-06); and
75.79 g/t Au (12.06 g/t cut) over 2.62 m (620-604-16).
New drillholes 620-610-01 (32.19 g/t Au (25.48 g/t cut) over 4.68 m) and 620-610-07 (20.18 g/t Au (20.18 g/t cut) over 3.24 m) intersected high-grade mineralization 100 m and 170 m, respectively, east of existing Indicated and Inferred Mineral Resources in the Eastern Extension. Two underground rigs remain active in the area focused on defining new near mine Mineral Resources.

New Area of Focus between the Eastern and Main Extensions

Surface directional drilling remains focused on testing the new area of high-grade gold mineralization within the E1E Zone discovered in May 2019. This area is located between 850 m and 1,150 m vertical depths, 180 m down-plunge from known Inferred Mineral Resource blocks in the Eastern Extension, and 200 m vertically above Inferred Mineral Resources in the eastern down-plunge extent of the Main Extension (Figure 2). New highlights from the surface drilling program include (E1E-Zone) (Table 1):

21.28 g/t Au (21.28 g/t cut) over 9.01 m (MH18-09);
28.50 g/t Au (23.13 g/t cut) over 4.38 m (MH18-10); and
9.32 g/t Au (9.32 g/t cut) over 3.81 m (MH19-04).
All 17 holes drilled to date in this area have intersected the E1E Zone with 12 of the holes presenting ore grade gold mineralization (see Figure 4).

New drill holes MH18-10 (28.50 g/t Au (23.13 g/t cut) over 4.38 m) and MH18-09 (21.28 g/t Au (21.28 g/t cut) over 9.01 m) have confirmed the continuity of high-grade mineralization at a drill density which will support the declaration of an initial Inferred Mineral Resource in this new area with the year-end update. Additionally, drill hole MH19-04 ( 9.32 g/t Au (9.32 g/t cut) over 3.81 m) extended high-grade mineralization 50 m to the west to now cover a lateral extent of 350 m.

Testing the extent and continuity of high-grade mineralization between the Eastern and Main Extensions will be an ongoing focus of the exploration drilling program in 2020. Two surface directional diamond drill rigs are active in this area and will continue with 75 to 100 m spaced step-out drilling. The 840 level exploration drift has been extended above the western extent of this area. This will provide underground access for infill drilling in 2020 and exploration drilling for extending high-grade mineralization.

Other Zones

The Island Gold Deposit consists of a number of subparallel mineralized zones, with the majority of Mineral Reserves and Resources being defined in the C Zone and E1E Zone which constitute the main production horizons at the Island Gold mine. Highlights of new intersections from underground exploration drilling of parallel zones and zones in which the lateral continuity is not yet established (“Unknown Zone”) include (reported composite intervals are core lengths) (Table 2):

22.26 g/t Au (18.98 g/t cut) over 7.58 m (840-554-03);
14.27 g/t Au (14.27 g/t cut) over 9.50 m (840-560-08);
16.66 g/t Au (16.66 g/t cut) over 3.50 m (340-602-24);
4.99 g/t Au (4.99 g/t cut) over 10.80 m (620-610-04);
5.75 g/t Au (5.75 g/t cut) over 8.00 m (840-554-01);
3.83 g/t Au (3.83 g/t cut) over 11.94 m (840-560-06);
10.42 g/t Au (10.42 g/t cut) over 4.30 m (840-560-02); and
4.16 g/t Au (4.16 g/t cut) over 7.63 m (340-602-37).
Qualified Persons

Chris Bostwick, FAusIMM, Alamos Gold’s Vice President, Technical Services, has reviewed and approved the scientific and technical information contained in this news release. Chris Bostwick is a Qualified Person within the meaning of Canadian Securities Administrator’s National Instrument 43-101 (“NI 43-101”).

Exploration programs at the Island Gold Mine are directed by Raynald Vincent, P.Eng., M.G.P., Chief Geologist at the Island Gold Mine and a Qualified Person within the meaning of NI 43-101.

Quality Control

Assays for the surface exploration drilling program were completed at LabExpert in Rouyn-Noranda, Quebec. The Corporation inserts at regular intervals quality control (QC) samples (blanks and reference materials) to monitor laboratory performance. Cross check assays are done on a regular basis in a second accredited laboratory. The Quality Assurance / Quality Control procedures are more completely described in the Technical Report filed on SEDAR by Richmont Mines, July 13, 2017.

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a significant portfolio of development stage projects in Canada, Mexico, Turkey, and the United States. Alamos employs more than 1,700 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Scott K. Parsons
Vice President, Investor Relations
(416) 368-9932 x 5439
All amounts are in United States dollars, unless otherwise stated.

The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.

Cautionary Note

This news release includes certain statements that constitute forward-looking information within the meaning of applicable Canadian and U.S. securities laws ("forward-looking statements"). All statements in this news release, other than statements of historical fact, which address events, results, outcomes or developments that Alamos expects to occur are forward-looking statements. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology such as “continue”, "expect", “believe", "anticipate", "plan", “forecast”, "estimate", "intend", “budget” or “potential” or variations of such words and phrases and similar expressions or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved or the negative connotation of such terms. Forward-looking statements in this news release include statements with respect to planned exploration programs, the estimation of Mineral Resources, exploration results, potential mineralization, changes in Mineral Resources and Proven and Probable Mineral Reserves,and other information that is based on forecasts and projections of future operational, geological or financial results, estimates of amounts not yet determinable and assumptions of management.

Exploration results that include geophysics, sampling, and drill results on wide spacings may not be indicative of the occurrence of a mineral deposit. Such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics and economic potential to be classed as a category of Mineral Resource. A Mineral Resource that is classified as "Inferred" or "Indicated" has a great amount of uncertainty as to its existence and economic and legal feasibility. It cannot be assumed that any or part of an "Indicated Mineral Resource" or "Inferred Mineral Resource" will ever be upgraded to a higher category of Mineral Resource. Investors are cautioned not to assume that all or any part of mineral deposits in these categories will ever be converted into Proven and Probable Mineral Reserves.

Alamos cautions readers not to place undue reliance on the forward-looking statements which are not guarantees of future events as a number of factors could cause results, conditions, actions or events to differ materially from the targets, outlooks, expectations, goals, estimates or intentions expressed in the forward-looking statements. These factors include, but are not limited to: risks related to obtaining and maintaining necessary permits, licenses and authorizations required to carry out planned exploration or development work, the actual results of current exploration activities, conclusions of economic and geological evaluations, changes in project parameters as plans continue to be refined, employee and community relations,the speculative nature of mineral exploration and development, contests over title to properties, changes in national and local government legislation, control and regulations and and fluctuations of the price of gold and foreign exchange rates as well as those factors discussed in the section entitled "Risk Factors" in Alamos' latest Annual Information Form and MD&A, each under the heading “Risk Factors”, available on the SEDAR website at www.sedar.com or on EDGAR at www.sec.gov. The foregoing should be reviewed in conjunction with the information found in this news release. The Company disclaims any intention or obligation to update or revise any forward-looking statement, whether written or oral, or whether as a result of new information, future events or otherwise, except as required by applicable law.

All of the forward-looking statements made in this news release are qualified by these cautionary statements.

Cautionary Note to U.S. Investors – Mineral Reserve and Resource Estimates

All Mineral Resource and Reserve estimates included in this news release or documents referenced in this news release have been prepared in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and the Canadian Institute of Mining, Metallurgy and Petroleum (the "CIM") - CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended (the "CIM Standards"). NI 43-101 is a rule developed by the Canadian Securities Administrators, which established standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. The terms "Mineral Reserve", "Proven Mineral Reserve" and "Probable Mineral Reserve" are Canadian mining terms as defined in accordance with NI 43-101 and the CIM Standards. These definitions differ materially from the definitions in the Securities Exchange Commission (the “SEC”) Industry Guide 7 ("SEC Industry Guide 7") under the United States Securities Act of 1933, as amended, and the Exchange Act. Under SEC Industry Guide 7 standards, a "final" or "bankable" feasibility study is required to report reserves, the three-year historical average price is used in any reserve or cash flow analysis to designate reserves and the primary environmental analysis or report must be filed with the appropriate governmental authority.

In addition, the terms "Mineral Resource", "Measured Mineral Resource", "Indicated Mineral Resource" and "Inferred Mineral Resource" are defined in and required to be disclosed by NI 43-101 and the CIM Standards; however, these terms are not defined terms under SEC Industry Guide 7 and are normally not permitted to be used in reports and registration statements filed with the SEC. Investors are cautioned not to assume that all or any part of mineral deposits in these categories will ever be converted into Mineral Reserves. "Inferred Mineral Resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or pre-feasibility studies, except in very limited circumstances. Investors are cautioned not to assume that all or any part of an Inferred Mineral Resource exists or is economically or legally mineable. Disclosure of "contained ounces" in a Mineral Resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in place tonnage and grade without reference to unit measures.

Table 1: Island Gold – Previously Unreleased Select Composite Intervals from Surface Exploration Drilling

Composite intervals greater than 3 g/t Au weighted average, capping values:
Western and Main Extension areas @ 225 g/t Au; Eastern Extension area @ 160 g/t Au.

Hole ID Zone Target Area From
(m) To (m) Core
Length
(m) True
Width
(m) Au
Uncut
(g/t) Au Cut
(g/t) Vertical
Depth (m)
MH16-08 C Western Ext 1395.00 1400.00 5.00 4.82 5.37 5.37 1160
MH16-09 C Western Ext 1471.90 1475.47 3.57 3.06 5.01 5.01 1307
MH22-01 C Main Ext 1452.80 1455.75 2.95 2.52 7.08 7.08 1276
MH14-8 D Main Ext 1613.70 1616.60 2.90 2.39 8.98 8.98 1527
MH17-12 D1 Main Ext 1532.00 1535.00 3.00 2.77 7.38 7.38 1313
MH21-02 D1 Main Ext 1387.10 1390.40 3.30 2.89 15.54 14.27 1254
MH14-8 E1E Main Ext 1547.40 1555.30 7.90 6.85 12.56 10.16 1468
MH17-08A E1E Main Ext 1510.00 1512.40 2.40 2.39 4.45 4.45 1172
MH17-11 E1E Main Ext 1542.90 1545.60 2.70 2.57 108.17 94.56 1290
MH17-12 E1E Main Ext 1514.80 1523.50 8.70 8.04 36.45 13.23 1301
MH18-08 E1E Eastern Ext 1163.00 1168.30 5.30 3.40 3.40 3.40 1076
MH18-09 E1E Eastern Ext 1130.00 1142.00 12.00 9.01 21.28 21.28 1043
MH18-10 E1E Eastern Ext 1172.10 1177.80 5.70 4.38 28.50 23.13 1070
MH19-04 E1E Eastern Ext 1172.45 1176.75 4.30 3.81 9.32 9.32 1070
MH19-071 E1E Eastern Ext 1155.90 1161.40 5.50 3.65 4.75 4.75 1034
MH20-01 E1E Main Ext 1262.30 1266.90 4.60 3.81 121.32 96.47 1210
MH20-02 E1E Main Ext 1194.50 1202.00 7.50 6.08 10.69 10.69 1135
MH20-03 E1E Main Ext 1241.80 1246.70 4.90 3.60 9.95 9.95 1189
MH21-02 E1E Main Ext 1368.70 1377.60 8.90 7.79 9.96 9.96 1240
MH21-031 E1E Main Ext 1334.20 1342.40 8.20 7.16 8.27 8.27 1186
MH21-031 Unknown Main Ext 1319.80 1327.20 7.40 6.46 7.04 7.04 1173
1 Results not included in the year end 2019 Mineral Resource calculation

Table 2: Island Gold – Previously Unreleased Select Composite Intervals from Underground Exploration Drilling

Composite intervals greater than 3 g/t Au weighted average, capping values:
Western and Main Extension areas @ 225 g/t Au; Eastern Extension area @ 160 g/t Au.

Hole ID Zone Target Area From
(m) To (m) Core
Length
(m) True
Width
(m) Au
Uncut
(g/t) Au Cut
(g/t) Vertical
Depth
(m)
340-602-27 E1E Eastern Ext 128.00 131.20 3.20 2.44 6.06 6.06 364
620-604-16 E1E Eastern Ext 303.00 313.10 10.10 2.62 75.79 12.06 794
620-604-17 E1E Eastern Ext 266.10 276.80 10.70 4.03 11.90 11.90 764
620-610-01 E1E Eastern Ext 272.65 282.80 10.15 4.68 32.19 25.48 765
620-610-05 E1E Eastern Ext 251.40 260.80 9.40 4.61 5.86 5.86 742
620-610-06 E1E Eastern Ext 213.05 219.80 6.75 3.28 10.26 10.26 702
620-610-07 E1E Eastern Ext 146.40 151.60 5.20 3.24 20.18 20.18 642
840-542-67 E1E Main Ext 263.80 269.60 5.80 3.34 4.71 4.71 1036
840-554-01 E1E Main Ext 155.80 159.40 3.60 3.06 3.89 3.89 861
840-554-03 E1E Main Ext 218.10 221.30 3.20 2.34 5.19 5.19 944
840-554-04 E1E Main Ext 241.00 246.50 5.50 4.36 9.48 9.48 988
840-554-05 E1E Main Ext 326.60 333.10 6.50 3.35 6.99 6.99 1090
840-554-06 E1E Main Ext 250.50 255.75 5.25 4.03 5.10 5.10 1003
840-560-04 E1E Main Ext 292.40 309.55 17.15 7.65 8.98 8.98 1052
840-560-05 E1E Main Ext 249.00 252.20 3.20 2.48 3.37 3.37 983
840-560-09 E1E Main Ext 298.70 313.50 14.80 6.38 8.64 8.64 1047
840-560-11 E1E Main Ext 245.30 249.00 3.70 2.76 11.66 11.66 975
340-602-24 Unknown Eastern Ext 63.50 67.00 3.50 16.66 16.66 336
340-602-26 Unknown Eastern Ext 62.65 66.60 3.95 3.41 3.41 325
340-602-37 Unknown Eastern Ext 109.85 117.48 7.63 4.16 4.16 394
620-610-04 Unknown Eastern Ext 228.50 239.30 10.80 4.99 4.99 753
840-554-01 Unknown Main Ext 59.00 67.00 8.00 5.75 5.75 852
840-554-03 Unknown Main Ext 141.92 149.50 7.58 22.26 18.98 910
840-560-02 Unknown Main Ext 90.00 94.30 4.30 10.42 10.42 871
840-560-06 Unknown Main Ext 112.46 124.40 11.94 3.83 3.83 864
840-560-08 Unknown Main Ext 95.50 105.00 9.50 14.27 14.27 887
Note: Unknown zone corresponds to gold intercepts outside known ore zones and for which continuity is not yet established and therefore true width has not been calculated.

Table 3: Surface exploration drill holes; azimuth, dip, drilled length, and collar location at surface (UTM NAD83).

Hole ID Azimuth
(°) Dip
(°) Drilled
Length
(m) UTM
Easting (m) UTM
Northing (m) UTM
Elevation
(m) Comments
MH14-8 338 -85 1040 691522 5351123 394 Cut from MH14-6 at 606m
MH16-08 337 -73 806 691003 5350848 390 Cut from MH16-06 at 747m
MH16-09 337 -73 787 691003 5350848 390 Cut from MH16-08 at 834m
MH17-08A 334 -73 1163 692320 5351076 395 Cut from MH17-01 at 753m
MH17-09 334 -73 71 692320 5351076 395 Abandoned
MH17-10 334 -73 560 692320 5351076 395 Cut from MH17-08A at 1054m
MH17-11 334 -73 797 692320 5351076 395 Cut from MH17-08A at 864m
MH17-12 334 -73 851 692320 5351076 395 Cut from MH17-11 at 925m
MH18-08 339 -75 579 691892 5351446 395 Cut from MH18-07 at 713m
MH18-09 339 -75 685 691892 5351446 395 Cut from MH18-07 at 586m
MH18-10 339 -75 834 691892 5351446 395 Cut from MH18-05 at 493m
MH18-11 339 -75 790 691892 5351446 395 Cut from MH18-07 at 586 m
MH19-03 336 -79 626 691646 5351376 399 Cut from MH19-02 at 760m
MH19-04 336 -79 1027 691646 5351376 399 Cut from MH19-01 at 421m
MH19-05 336 -79 631 691646 5351376 399 Cut from MH19-04 at 757m
MH19-06 336 -79 860 691646 5351376 399 Cut from MH19-04 at 444m
MH19-07 336 -79 599 691646 5351376 399 Cut from MH19-06 at 657 m
MH20-01 337 -77 1355 692063 5351541 394
MH20-02 337 -77 1024 692063 5351541 394 Cut from MH20-01 at 422m
MH20-03 337 -77 509 692063 5351541 394 Cut from MH20-02 at 876m
MH21-01 321 -61 1496 692072 5351272 395
MH21-02 321 -61 563 692072 5351272 395 Cut from MH21-01 at 938m
MH21-03 321 -61 897 692072 5351272 395 Cut from MH21-01 at 555 m
MH22-01 342 -75 1617 691000 5350855 393
Note: UTM mine surface elevation 382 m

Table 4: Underground exploration drill holes; azimuth, dip, drilled length, and collar location at surface (UTM NAD83).

Hole ID Azimuth
(°) Dip (°) Drilled
Length
(m) UTM
Easting
(m) UTM
Northing
(m) UTM Elevation (m)
340-602-24 160 -15 132 691455 5352213 61
340-602-25 159 -30 168 691455 5352213 61
340-602-26 147 -5 123 691456 5352213 61
340-602-27 148 -22 156 691455 5352213 61
340-602-37 144 -41 291 691455 5352213 61
620-550-46 133 -11 249 691021 5351907 -224
620-550-47 145 -24 261 691021 5351907 -224
620-604-14 170 -23 225 691530 5352086 -212
620-604-16 166 -41 342 691530 5352086 -213
620-604-17 166 -38 312 691530 5352086 -213
620-610-01 162 -39 312 691586 5352112 -211
620-610-04 146 -43 360 691586 5352112 -211
620-610-05 146 -38 321 691585 5352112 -211
620-610-06 146 -32 270 691586 5352112 -211
620-610-07 146 -21 204 691586 5352112 -211
620-610-08 143 -8 150 691586 5352112 -210
620-610-09 141 -26 243 691586 5352112 -211
620-610-10 139 16 117 691586 5352112 -209
620-610-11A 131 48 117 691587 5352112 -207
620-610-12 120 67 144 691585 5352113 -207
840-542-67 163 -45 294 690972 5351831 -466
840-554-01 159 -6 216 691083 5351880 -464
840-554-02A 159 -17 234 691082 5351879 -463
840-554-03 159 -27 258 691082 5351879 -463
840-554-04 159 -35 288 691082 5351879 -463
840-554-05 159 -48 378 691082 5351880 -464
840-554-06 156 -39 300 691082 5351879 -464
840-560-02 159 -18 222 691137 5351902 -461
840-560-03 159 -5 210 691137 5351902 -461
840-560-04 155 -44 351 691138 5351902 -462
840-560-05 155 -34 270 691138 5351902 -462
840-560-06 149 -10 210 691138 5351902 -461
840-560-07 149 3 210 691138 5351902 -461
840-560-08 147 -26 252 691137 5351902 -461
840-560-09 145 -42 333 691138 5351903 -462
840-560-10 143 -45 390 691138 5351903 -462
840-560-11 143 -33 276 691138 5351903 -462
Note: UTM mine surface elevation 382 m

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/d8d15e7b-3d9b-4643-9e20-d45ab7711afe

https://www.globenewswire.com/NewsRoom/AttachmentNg/f6a206a5-8f08-489a-8508-6b0374ec61bb

https://www.globenewswire.com/NewsRoom/AttachmentNg/eb6e7e66-714b-43c6-b69b-683bfc7baf7f

https://www.globenewswire.com/NewsRoom/AttachmentNg/a5f77ebe-bf58-4e5c-9a38-552da9a71ee4


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Figure 1: Island Gold Mine Longitudinal

Island Gold Mine Longitudinal
Figure 2: Island Gold Mine Longitudinal Main and Eastern Extensions - Surface Directional Drilling Results

Island Gold Mine Longitudinal Main and Eastern Extensions - Surface Directional Drilling Results
Figure 3: Island Gold Mine Longitudinal Main and Eastern Extensions – Underground Exploration Drilling Results

Island Gold Mine Longitudinal Main and Eastern Extensions – Underground Exploration Drilling Results
Figure 4: Island Gold Mine Cross Section – Main and Eastern Extensions

Island Gold Mine Cross Section – Main and Eastern Extensions
GlobeNewswire
January 15, 2020 - 2:00 PM PST
Tags:
INDUSTRIAL METALS & MINERALS
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NYBob NYBob 5 years ago
Alamos Gold Inc New (AGI)
5.52 ? 0.08 (1.47%)
Volume: 836,321 @01/14/20 2:00:24 PM EST
Bid Ask Day's Range
- - 5.4 - 5.54
AGI Detailed Quote

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152870598
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NYBob NYBob 5 years ago
Alamos Gold Announces Renewal of Normal Course Issuer Bid
TORONTO, Dec. 18, 2019 (GLOBE NEWSWIRE) --

Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today
announced that it has filed with and received acceptance from the
Toronto Stock Exchange (“TSX”), for a Notice of Intention to make a
Normal Course Issuer Bid permitting Alamos to purchase for cancellation
up to 28,734,677 Class A Common Shares (“Common Shares”), representing
10% of the Company’s public float of the Common Shares as of
December 11, 2019, being 287,346,778 Common Shares.
As at December 11, 2019, there were 391,070,817 Common Shares issued
and outstanding.

Alamos may purchase Common Shares under the Normal Course Issuer Bid over the next twelve-month period beginning December 24, 2019 and ending December 23, 2020. Any purchases made under the Normal Course Issuer Bid will be effected through the facilities of the TSX, alternative Canadian trading systems and/or the New York Stock Exchange. The maximum number of Common Shares that Alamos may purchase on the TSX on a daily basis, other than block purchase exceptions, is 207,892 Common Shares.

The price for any repurchased Common Shares will be the prevailing market price at the time of the purchase. All Common Shares purchased by Alamos will be cancelled. Purchase and payment for the Common Shares will be made by Alamos in accordance with the requirements of the TSX and applicable securities laws.

A Normal Course Issuer Bid is being undertaken as the Company and its Board of Directors believe the share price of its Common Shares from time to time to be not reflective of the underlying value of the Company. The Company believes it advantageous to its shareholders to engage in repurchases of Common Shares, from time to time, when they are trading at prices which reflect a discount from their value by increasing the proportionate share of ownership of the Company to remaining shareholders. Under its previous Normal Course Issuer Bid which commenced on December 24, 2018 and will terminate on December 23, 2019, Alamos sought the purchase of up to 25,513,043 Common Shares and has purchased and cancelled 2,748,352 Common Shares of the Company through open market purchases through the facilities of the TSX and the New York Stock Exchange at a weighted average price paid per Common Share of C$5.53.

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico. Additionally, the Company has a significant portfolio of development stage projects in Canada, Mexico, Turkey, and the United States. Alamos employs more than 1,700 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Scott K. Parsons
Vice President, Investor Relations
(416) 368-9932 x 5439

All amounts are in United States dollars, unless otherwise stated.

The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.

Cautionary Note

This news release includes certain statements that constitute forward-looking information within the meaning of applicable securities laws ("Forward-looking Statements"). All statements in this news release, including statements regarding potential future purchases by Alamos of its Common Shares pursuant to the NCIB, other than statements of historical fact, which address events, results, outcomes or developments that Alamos expects to occur are Forward-looking Statements. Forward-looking Statements are generally, but not always, identified by the use of forward-looking terminology such as "expects", is “expected", "anticipates", "plans" or “is planned”, “trends”, "estimates", "intends" or “potential” or variations of such words and phrases and similar expressions or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved or the negative connotation of such terms.

Alamos cautions readers not to place undue reliance on the forward-looking statements in the information and content on this news release as a number of factors could cause actual future results, conditions, actions or events to differ materially from the targets, outlooks, expectations, goals, estimates or intentions expressed in the Forward-looking Statements. These factors include, but are not limited to: changes in the financial markets, changes in applicable laws and governmental regulations, fluctuations the price of gold, fluctuations in relative currency values, risks related to obtaining and maintaining necessary permits and the unpredictability of and fluctuation in the trading price of the Company’s common shares,

Additional risk factors and details with respect to risk factors affecting the Company are set out in the Company’s latest Annual Information Form and MD&A, each under the heading “Risk Factors”, available on the SEDAR website at www.sedar.com or on EDGAR at www.sec.gov. The foregoing should be reviewed in conjunction with the information found in this news release. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether written or oral, or whether as a result of new information, future events or otherwise, except as required by applicable law.


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blackcat blackcat 5 years ago
Pretty sure none of us own this for the divi, but raising it it is always welcome.

Alamos Gold to hike dividend by 50% on strong cash flow outlook
Dec. 12, 2019 8:07 AM ET|About: Alamos Gold Inc. (AGI)|By: Carl Surran, SA News Editor

Alamos Gold (NYSE:AGI) says it is on track to meet FY 2019 gold production guidance of 480K-520K oz., with total cash costs and all-in sustaining costs expected to be consistent with guidance.

For FY 2020, AGI forecasts gold production of 425K-465K oz., an 11% Y/Y decline at the midpoint, reflecting previously guided lower output from Young-Davidson during H1 2020 while completing the tie-in of the upper and lower mines, as well as the end of production from El Chanate.

AGI sees 2020 total cash cost guidance of $770-$810/oz. and all-in sustaining cost guidance of $1,020-$1,060/oz.

The miner expects a 2020 capital budget of $180M-$205M, down from 2019 guidance of $240M-$265M.

At the current gold price, AGI expects to transition to positive free cash flow in H2 2020 with the completion of the lower mine expansion at Young-Davidson; as a result of the free cash flow outlook, AGI will raise its quarterly dividend by 50% to $0.06/share, starting in Q1.
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