Alamos Gold Inc.
TSX : AGI

Alamos Gold Inc.

August 06, 2009 09:19 ET

Alamos Gold Inc. Reports Second Quarter 2009 Financial Results: Record Earnings of $0.12 per Share, and Increasing Production and Lowering Cost Guidance for 2009

TORONTO, ONTARIO--(Marketwire - Aug. 6, 2009) - Alamos Gold Inc. (TSX:AGI) ("Alamos" or the "Company") is pleased to report on its financial and operating results for the second quarter ended June 30, 2009, provide some drilling highlights from the Puerto del Aire ("PdA") Extension, Gap, Escondida, and Cerro Pelon areas, and comment on the Company's outlook for the second half of 2009.

All amounts are in United States dollars unless stated otherwise.


Q2 2009 Highlights

- Produced 42,000 ounces of gold;

- Sold 45,420 ounces at an average realized price of $924 per ounce for record revenues of $42.0 million;

- Record-low cash operating cost of $275 per ounce of gold sold, with total cash costs of $324 per ounce of gold sold, which includes the 5% royalty;

- Record cash flow from operations of $21.4 million ($0.20 per share);

- Record earnings of $0.12 per share;

- Increasing 2009 production guidance to 160,000 to 170,000 ounces at a total cash cost of $335 per ounce; and

- Reported an increase in cash and short-term investments to $140.8 million.

This release should be read in conjunction with Alamos's interim consolidated financial statements for the three- and six-month periods ended June 30, 2009 and 2008 and associated Management Discussion and Analysis ("MD&A"), which are available from the Company's website, www.alamosgold.com, in the "Investors" section under "Annual & Quarterly Reports", or via the following links:

http://media3.marketwire.com/docs/Agi805fs.pdf

http://media3.marketwire.com/docs/Agi805mda.pdf


Financial Results

Alamos' consolidated earnings for the second quarter of 2009 were $13.0 million, or $0.12 per share, compared with $6.2 million or $0.06 per (diluted) share in the second quarter of 2008. During the quarter, the Company sold 45,420 ounces at an average realized price of $924 per ounce, compared to 35,482 ounces at an average realized price of $911 per ounce in the second quarter of 2008. Ounces sold were higher than ounces produced during the quarter due to the timing of sales.

Key financial metrics for the second quarter of 2009 compared to the second quarter of 2008, and on a year-to-date bases to June 30, 2009 and 2008 are presented at the end of this press release in Table 1.


Operating Results

As reported in our July 6, 2009 press release, Alamos stacked 1,072,000 tonnes of ore on the leach pad at an average grade of 1.92 grams of gold per tonne ("g/t Au") during the quarter. The Company produced 42,000 ounces of gold at an average total cash cost of $324 per ounce during the second quarter, slightly less than the production of 46,000 ounces of gold in the first quarter of 2009. Excluding the 5% royalty, average cash operating costs in the second quarter were $275 per ounce of the gold sold.

Key operational metrics and production statistics for the second quarter of 2009 compared to the second quarter of 2008, and on a year-to-date bases to June 30, 2009 and 2009 are presented at the end of this press release in tables 2 and 3.


Puerto del Aire Extension Drill Results

The Company recently discovered a large system of intense silica alteration that is mineralized with gold and contains localized high-grade zones to the northeast of PdA. Widely spaced drill holes continue to encounter thick zones of intense silica alteration that have characteristics similar to both the high-grade Escondida and PdA zones in this area. Drilling-to-date has outlined a zone that is over 500 metres ("m") in strike, at least 150 m wide, and varies in thickness from 25 to 125 m.

Assay results for the drill holes noted in our July 6, 2009 press release are presented in Table 4. An area map and drill hole locations are presented in figures 1 and 2, and drill hole collar data was provided in the Company's July 9, 2009 press release.

Highlights include:

- 09PA159: 29 m interval grading 2.80 g/t Au;

- 09PA162: 22.9 m interval of 3.32 g/t Au (including 9.1 m of 5.01 g/t Au) and 62.5 m of 1.57 g/t Au (including 45.7 m grading 1.85 g/t Au); and

- 09PA163: 99.1 m grading 1.19 g/t Au (including 64.0 m grading 1.39 g/t Au).

Drill intercepts to date indicate the PdA Extension zone is stratabound with a slight northeast plunge that is generally conformable with the overlying post-mineral stratigraphy. The mineralized zone appears to have a lenticular shape in cross-section with the areas of thickest alteration and mineralization generally coinciding with what appears to be the structural feeder zone, and spreading out laterally along favourable rock types and structures, similar to the other zones in the Mulatos District.

While no major zone discontinuities are evident from the drill data, the geology of the western area is significantly more complex than the eastern area, with initial interpretation providing evidence of both low and high angle faults. Mapping is in progress with numerous northwest-trending post-mineral faults already mapped south of the drill area, which are projected to cut the zone. An aggressive drilling program continues with three reserve-circulation ("RC") rigs, which is expected to improve the geologic interpretation. Additional assays are pending.


Gap and Escondida Drilling Results

A substantial amount of core and RC drilling on 50-m and 25-m spacings, respectively, was conducted in the first half of 2009 at the Gap zone, a down-faulted zone located between the Mulatos and El Victor pits. The goal of this drill program has been to expand upon and convert the established inferred resources associated with the Gap zone to the measured and indicated categories.

Drilling continues to confirm that mineralization at the Gap zone is continuous with Escondida, the El Victor Pit, and San Carlos areas, outlining a single 2.1-kilometre, northeast trending mineralized horizon. The Gap zone is identified in Figure 1 and outstanding drill results from the first and second quarters of 2009 from the Gap and Escondida zones are presented in Table 5.

The infill and step-out RC drilling program at Gap is expected to resume shortly and to be completed by the end of the third quarter.


Cerro Pelon Drilling Results

Definition and infill drilling on 25-m centres was completed at Cerro Pelon during the second quarter. The 2009 core drilling program has delineated a continuous oxidized zone of gold-bearing vuggy silica delineated that is approximately 250 m long, 30 to 80 m in width, and 70 to 150 m thick at an average grade between 2 and 3 g/t Au. Drill hole intercepts shows a roughly semi-circle shaped mineralized zone, with the eastern half removed by faulting. Recent significant assay results are presented in Table 6.

An initial resource estimate for Cerro Pelon is expected to be completed during the second half of 2009, with the majority of resources expected to be classified in the measured and indicated categories.


Outlook

The Company continues to outperform, with the second quarter characterized by record revenues, earnings, cash flows from operations, and record low cash costs per ounce. Gold production in the second quarter continued to demonstrate that the operational improvements implemented in prior periods have resulted in actual recoveries exceeding the Company's budgeted rate of 60% for 2009. As a result of these production improvements, the Company is revising its 2009 gold production guidance upwards from between 145,000 and 160,000 ounces, to between 160,000 and 170,000 ounces of gold.

The Company reported record low total cash costs (including the 5% royalty) of $324 in the second quarter of 2009 ($338 year-to-date). Higher recoveries, combined with operational efficiencies, have contributed to a significant reduction in the Company's cash costs per ounce. The Company expects that it will be able to continue to benefit from lower costs throughout the remainder of 2009. Accordingly, the Company is also revising its full year 2009 total cash cost guidance downward from $350 per ounce to $335 per ounce (including the royalty at 5% of an assumed $900 per ounce gold price, or $45 per ounce).

Capital spending in the third quarter will focus on closing the existing crushing circuit. Once completed, this is expected to further increase production and reduce cash costs through improved recoveries. The closing of the crushing circuit is expected to be completed by the end of November 2009.

The Company has retained external consultants to prepare a scoping study evaluating the potential capital costs associated with increasing crusher throughput up to 33% from the current level of approximately 750 tonnes per hour to 1,000 tonnes per hour. While this project is in the preliminary stages, a significant increase in crusher throughput should result in a substantially higher rate of gold production and correspondingly lower costs per ounce than would otherwise be possible at existing throughput levels.

Subsequent to the end of the quarter, the Company selected a contractor to remove the waste overlying the Escondida and PdA zones of the Mulatos Pit. The contractor has started mobilizing a new fleet of earth moving equipment. The negotiated cost per tonne is $1.53, or approximately 8% lower than the Company's second quarter internal mining cost per tonne of material. Detailed engineering and planning is also underway.

Exploration activities in the third quarter of 2009 will continue to focus on extending and delineating the recently discovered PdA Extension zone, resource definition and development at Gap, and modelling of Cerro Pelon in preparation for a resource estimate to be completed during the second half of the year. The Company is also finalizing field work and compiling data in preparation for a drilling program at El Carricito, a prospective regional target.

The Company continues to strengthen its financial position, is debt-free with over $140 million in cash and short term investments, and has strong cash flows from operations. This financial strength will allow the Company to finance its existing capital and exploration plans, and the treasury will provide significant funding for development of additional projects through potential mergers and acquisitions.


Q2 2009 Financial Results and Conference Call

The Company's senior management will host a conference call today, August 6, 2009 at 11:00AM EDT (8:00AM PDT) to discuss the financial results and to provide an update of the Company's operating, exploration, and development activities.

The conference call may be accessed via webcast at www.alamosgold.com, or via telephone by dialing (416) 340-8018, or toll-free at 1 (866) 223-7781 for calls from outside the Greater Toronto Area.

A replay of the call will be available from today, August 6, 2009 at 1:00PM EST to Thursday, August 20, 2009 at 11:59 PM EST, by dialing (416) 695-5800 or the toll-free access number 1 (800) 408-3053 and entering pass code 5632842, followed by the # key. The webcast will also be archived for 180 days on the Company's website.


QA/QC Programs

Mulatos exploration programs are conducted under the supervision of Herve Thiboutot, P.Eng., Vice President Exploration of the Company, and by Ken Balleweg, B.Sc. Geological Engineering, M.Sc. Geology, Registered Professional Geologist, Mexico Exploration Manager.

Both are Qualified Persons as defined by National Instrument 43-101 of the Canadian Securities Administrators. Strict sampling and QA/QC protocol are followed, including the insertion of standards, blanks, and duplicates on a regular basis. Sample intervals are usually 1.5 m. Samples are sent to ALS Chemex Inc. in Hermosillo, Mexico for sample preparation and then to Vancouver, British Columbia for analysis. Analytical method is fire assay with atomic adsorption finish and gravimetric finish for individual samples with a gold concentration greater than 5.0 g/t Au. Composites presented in the assay results tables include intervals at less than 0.5 g/t Au over a 3-m minimum width. No assays are cut unless indicated.

About Alamos

Alamos is a Canadian-based gold producer with operations, exploration, and development activities in Mexico. The Company employs over 400 people in Mexico and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighbouring communities. Alamos has over $140 million dollars on hand, is debt free, and unhedged to the price of gold. Alamos' common shares are traded on the Toronto Stock Exchange under the symbol "AGI".

Cautionary Non-GAAP Statements

The Company believes that investors use certain indicators to assess gold mining companies. They are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared with GAAP. "Total cash costs" as used in this analysis is a non-GAAP term typically used by gold mining companies to assess the level of gross margin available to the Company per ounce of gold by subtracting these costs from the unit price realized during the period. This non-GAAP term is also used to assess the ability of a mining company to generate cash flow from operations. There may be some variation in the method of computation of "total cash costs" as determined by the Company compared with other mining companies. In this context, "total cash costs" reflects the per ounce cash operating costs allocated from in-process and dore inventory associated with ounces of gold sold in the period, plus applicable royalties. "Total cash costs" may vary from one period to another due to operating efficiencies, waste-to-ore ratios, grade of ore processed, gold recovery rates and gold prices during the period.

Cautionary Note

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including without limitation statements regarding forecast gold production, gold grades, recoveries, waste-to-ore ratios, total cash costs, potential mineralization and reserves, exploration results, and future plans and objectives of Alamos, are forward-looking statements that involve various risks and uncertainties. These forward-looking statements include, but are not limited to, statements with respect to mining and processing of mined ore, achieving projected recovery rates, anticipated production rates and mine life, operating efficiencies, costs and expenditures, changes in mineral resources and conversion of mineral resources to proven and probable reserves, and other information that is based on forecasts of future operational 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 which 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 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 reserves.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements.

There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Alamos' expectations include, among others, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of gold and silver, as well as those factors discussed in the section entitled "Risk Factors" in Alamos' Annual Information Form. Although Alamos has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.



Table 1: Financial Highlights
----------------------------------------------------------------------------
Q2 Q2 YTD YTD
2009 2008 2009 2008
----------------------------------------------------------------------------

Cash provided by operating
activities before changes in
non-cash working capital
(000s)(1) $ 22,222 $ 12,653 $ 37,280 $ 24,030
Changes in non-cash working
capital (000s) ($790) $2,545 $837 $5,970
Cash provided by operating
activities (000s) $ 21,432 $ 15,198 $ 38,117 $ 30,000

Earnings before income
taxes (000s) $ 18,921 $9,641 $ 30,389 $ 18,795
Earnings (000s) $ 12,969 $6,191 $ 21,767 $ 11,895
Earnings per share
- basic $0.12 $0.07 $0.21 $0.13
- diluted $0.12 $0.06 $0.20 $0.12
Weighted average number of
common shares outstanding
- Basic 107,604,000 95,221,000 104,603,000 94,980,000
- Diluted 110,439,000 97,412,000 106,722,000 97,072,000
----------------------------------------------------------------------------
(1) A non-GAAP measure calculated as cash provided by operating activities
as presented on the consolidated statements of cash flows and adding
back changes in non-cash working capital.



Table 2: Production Summary(1)
----------------------------------------------------------------------------
Q2 Q2 YTD YTD
2009 2008 2009 2008
----------------------------------------------------------------------------

Ounces of Gold Produced 42,000 38,500 88,000 71,753

Ore Mined (tonnes) 1,026,000 1,201,000 2,073,000 2,431,000
Waste Mined (tonnes) 1,081,000 1,602,000 2,613,000 3,255,000
Total Material (tonnes) 2,107,000 2,803,000 4,686,000 5,686,000

Waste-to-Ore Ratio (x) 1.05 1.33 1.26 1.34

Ore Crushed (tonnes) 1,072,000 1,173,000 2,140,000 2,417,000

Ore Mined per Day (tonnes) 11,300 13,100 11,400 13,400
Ore Crushed per Day (tonnes) 11,800 12,800 11,800 13,300

Grade (g/t Au) 1.92 1.85 1.82 2.10
----------------------------------------------------------------------------
(1) Certain numbers may not compute due to the effects of rounding and
truncation.



Table 3: Costs per Tonne Summary
----------------------------------------------------------------------------
Q2 Q2 YTD YTD
2009 2008 2009 2008
----------------------------------------------------------------------------
Mining Cost per Tonne of Material
(ore and waste) $1.93 $1.67 $1.67 $1.58
Waste-to-Ore Ratio 1.05 1.33 1.26 1.34
Mining Cost per Tonne of Ore $3.97 $3.90 $3.78 $3.70
Crushing / Conveying Cost per Tonne of Ore $1.65 $2.11 $1.72 $2.17
Processing Cost per Tonne of Ore $2.74 $2.39 $2.50 $2.30
Mine Administration Cost per Tonne of Ore $1.65 $1.71 $1.61 $1.59
Total Cost per Tonne of Ore $10.01 $10.11 $9.61 $9.76
----------------------------------------------------------------------------



Table 4: PdA Extension RC Drilling -- Select Composite Intervals(1)
----------------------------------------------------------------------------
Total
Drill Azimuth / Inclination Depth From To Interval Gold
Hole (degrees) (m) (m) (m) (m) (g/t)
----------------------------------------------------------------------------
09PA136
09PA142
09PA143 Abandoned Due to Poor Ground Conditions
09PA145
09PA149
----------------------------------------------------------------------------
09PA151 0 / 90 304.8 213.4 217.9 4.6 5.01
236.2 242.3 6.1 1.95
257.6 266.7 9.1 0.74
277.4 281.9 4.6 0.65
285.0 300.2 15.2 0.69
----------------------------------------------------------------------------
09PA152 0 / -90 323.1 320.0 323.1 3.0 0.73
----------------------------------------------------------------------------
09PA154 330 / -70 233.2 221.0 224.0 3.1 0.97
----------------------------------------------------------------------------
09PA158 0 / -90 277.4 No Intervals
----------------------------------------------------------------------------
09PA159 330 / -80 321.6 265.2 294.1 29.0 2.80
inc.274.3 278.9 4.6 6.60
----------------------------------------------------------------------------
09PA160 0 /-90 303.3 No Intervals
----------------------------------------------------------------------------
09PA161 0 /-90 373.4 272.8 275.8 3.1 0.67
303.3 306.3 3.1 0.80
323.1 338.3 15.2 0.91
----------------------------------------------------------------------------
09PA162 330 /-70 355.1 253.0 275.8 22.9 3.32
inc. 260.6 269.8 9.1 5.01
281.9 344.4 62.5 1.57
inc. 291.1 295.7 4.6 2.21
inc. 298.7 344.4 45.7 1.85
----------------------------------------------------------------------------
09PA163 0 /-90 330.7 173.7 178.3 4.6 1.02
198.1 297.2 99.1 1.19
inc. 198.1 262.1 64.0 1.39
306.3 320.0 13.7 0.56
inc. 306.3 312.4 6.1 0.88
inc. 315.5 320.0 4.6 0.51
----------------------------------------------------------------------------
(1) Certain numbers may not compute due to the effects of rounding and
truncation.



Table 5: Gap and Escondida Drilling - Select Composite Intervals(1)
----------------------------------------------------------------------------
Azimuth / Total
Inclination Depth From To Interval Gold
Drill Hole (degrees) Method (m) (m) (m) (m) (g/t Au)
----------------------------------------------------------------------------
09EE066 0 / -90 CORE 199.00 164.20 193.55 29.35 0.90
----------------------------------------------------------------------------
09EE079 145 / -80 CORE 237.15 141.25 144.78 3.53 0.83
156.97 188.98 32.01 0.72
201.17 210.31 9.14 0.73
214.88 220.98 6.10 0.86
228.20 236.22 8.02 0.82
----------------------------------------------------------------------------
09EE091 0 / -90 CORE 250.00 184.45 205.79 21.34 0.80
213.41 227.60 14.19 0.85
234.76 239.33 4.57 1.51
----------------------------------------------------------------------------
09EE098 325 / -80 CORE 216.55 159.60 201.17 41.57 1.50
----------------------------------------------------------------------------
09EE102 325 / -70 CORE 185.80 155.10 158.54 3.44 1.30
163.11 166.16 3.05 0.64
171.95 178.35 6.40 1.18
----------------------------------------------------------------------------
09EE107 325 / -60 CORE 176.90 140.21 143.26 3.05 0.73
----------------------------------------------------------------------------
09EE111 325 / -70 CORE 191.40 89.00 92.42 3.42 1.26
118.87 125.6 6.73 1.40
132.59 143.26 10.67 0.76
146.30 153.92 7.62 1.12
156.97 161.54 4.57 0.65
166.12 170.69 4.57 0.64
----------------------------------------------------------------------------
09EE128 0/-90 RC 144.82 105.18 132.62 27.44 2.71
inc. 115.85 123.48 7.63 3.06
inc. 123.48 132.62 9.14 4.54
----------------------------------------------------------------------------
09EE129 0 / -90 RC 221.04 No Intervals
----------------------------------------------------------------------------
09EE130 0/-90 RC 224.09 No Intervals
----------------------------------------------------------------------------
09EE131 140 / -78 RC 213.41 No Intervals
----------------------------------------------------------------------------
09EE132 0 / -90 RC 213.41 No Intervals
----------------------------------------------------------------------------
09EE133 0 / -90 RC 257.62 182.93 185.98 3.05 0.93
195.12 216.46 21.34 1.98
224.09 234.76 10.67 0.80
243.90 257.62 13.72 0.94
----------------------------------------------------------------------------
09EE134 140 / -80 RC 208.84 153.96 157.01 3.05 2.53
160.06 163.11 3.05 1.91
175.30 196.65 21.35 1.60
----------------------------------------------------------------------------
09EE135 0 / -90 RC 182.93 155.49 160.06 4.57 0.85
161.59 164.63 3.04 0.61
----------------------------------------------------------------------------
09EE136 140 / -68 RC 217.99 No Intervals
----------------------------------------------------------------------------
09EE137 325 / -80 RC 199.70 163.11 181.40 18.29 1.10
----------------------------------------------------------------------------
09EE138 325 / -60 RC 169.21 38.11 42.68 4.57 8.42

inc. 39.63 41.16 1.53 24.20
108.23 117.38 9.15 0.56
----------------------------------------------------------------------------
09EE139 325 / -80 RC 121.95 1.52 4.57 3.05 0.69
83.84 91.46 7.62 0.73
105.18 111.28 6.1 0.64
----------------------------------------------------------------------------
09EE140 325 / -80 RC 157.01 86.89 106.71 19.82 2.38

inc. 88.41 91.46 3.05 6.21
134.15 150.91 16.76 1.16
----------------------------------------------------------------------------
09EE141 325 / -85 RC 169.21 158.54 169.21 10.67 1.12
----------------------------------------------------------------------------
09EE142 325 / -80 RC 160.06 128.05 140.24 12.19 1.16
143.29 160.06 16.77 0.78
----------------------------------------------------------------------------
09EE143 325 / -70 RC 182.93 147.87 167.68 19.81 1.65
----------------------------------------------------------------------------
(1) Certain numbers may not compute due to the effects of rounding and
truncation.



Table 6: Cerro Pelon Drilling - Select Continuous Intervals of Gold
Assays(1)

----------------------------------------------------------------------------
Total Gold
Drill Azimuth / Inclination Depth From To Interval (g/t
Hole (degrees) (m) (m) (m) (m) Au)
----------------------------------------------------------------------------
09CP100 285/-25 61.00 6.50 57.55 51.05 3.13
inc. 23.1 41.30 18.20 4.64
----------------------------------------------------------------------------
09CP102 280 / 0 103.2 40.65 71.70 31.05 1.57
----------------------------------------------------------------------------
09CP104 285/-60 35.2 6.10 21.15 15.05 2.65
----------------------------------------------------------------------------
09CP107 280/25 79.85 24.40 77.00 52.60 1.62
----------------------------------------------------------------------------
09CP110 280 / -25 113.8 No Intervals
----------------------------------------------------------------------------
09CP113 310 / 0 114.15 65.20 95.70 30.50 1.04
----------------------------------------------------------------------------
09CP114 307 / 25 105.5 18.90 75.25 56.35 1.25
inc. 28.05 75.25 47.20 1.42
83.80 86.95 3.15 0.96
98.20 104.30 6.10 0.96
----------------------------------------------------------------------------
09CP115 0 / -90 101.25 70.50 99.30 28.80 8.08
inc. 77.45 95.75 18.30 11.62
----------------------------------------------------------------------------
09CP116 307 / -25 98.25 72.90 84.55 11.65 2.15
----------------------------------------------------------------------------
09CP117 190 / 0 59.05 0 59.05 59.05 1.96
----------------------------------------------------------------------------
09CP119 190 / -70 99.00 0 82.90 82.90 1.96
inc. 10.15 80.30 70.15 2.05
95.55 97.70 2.15 2.26
----------------------------------------------------------------------------
09CP124 225 / -25 60.85 0 31.40 31.40 1.20
----------------------------------------------------------------------------
09CP126 230 / -25 112.4 0 4.15 4.15 0.60
63.65 105.65 42.00 1.26
----------------------------------------------------------------------------
09CP127 230 / -50 69.80 No Intervals
----------------------------------------------------------------------------
09CP128 230 / -25 124.75 77.10 97.23 20.13 2.06
----------------------------------------------------------------------------
09CP134 300 / -55 61.90 3.95 61.90 57.95 2.00
inc. 20.95 25.30 4.35 5.51
----------------------------------------------------------------------------
(1) Certain numbers may not compute due to the effects of rounding and
truncation.


To view the Figure 1 map, please visit the following link: http://media3.marketwire.com/docs/AlamosFigure1.pdf.

To view the Figure 2 map, please visit the following link: http://media3.marketwire.com/docs/AlamosFigure2.pdf.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Alamos Gold Inc.
    John A. McCluskey
    President and Chief Executive Officer
    (416) 368-9932
    or
    Alamos Gold Inc.
    Jeremy Link
    Manager, Investor Relations
    (416) 368-9932