Marker Information

Young-Davidson is a low-cost, long-life operation and one of Canada’s largest underground gold mines. With a large Mineral Reserve base and strong ongoing free cash flow generation, Young-Davidson will serve as Alamos’ foundation for growth for many years to come.

• Location: Matachewan, Ontario
• Acquired: 2015
• Method: Underground and carbon-in-leach (CIL) circuit
• 2024 Production: 174,000 ounces
• Employees: 753
• Contractors: 129

The Island Gold District is comprised of the adjacent Island Gold and Magino mines, two long-life operations with a large mineral reserve and resource base and significant exploration upside. Island Gold is an underground mine and one of Canada’s highest grade and lowest cost gold mines. Magino is a large open pit mining operation located within 300 meters of the Island Gold deposit. The combination of the Island Gold and Magino mines will create one of the largest and lowest-cost gold mines in Canada.

Island Gold Mine

• Location: Dubreuilville, Ontario
• Acquired: 2017
• Method: Underground and carbon-in-pulp (CIP) circuit
• 2024 Production: 155,000 ounces
• Employees: 591
• Contractors: 125

Magino Mine

• Location: Dubreuilville, Ontario
• Acquired: July 2024
• Method: Open pit and CIP circuit
• H2 2024 Production: 33,000 ounces
• Employees: 319
• Contractors: 123

Lynn Lake is one of the highest-grade open pit gold deposits in Canada. With its low costs and excellent infrastructure already in place, the project represents a significant opportunity to drive the future growth of our business in Canada. Alamos announced a positive construction decision for the Lynn Lake Project in January 2025.

• Location: Lynn Lake, Manitoba
• Acquired: 2016
• Method: Future open-pit and CIP circuit
• Employees: 34
• Contractors: 0

The Qiqavik Gold Project is an early-stage exploration project containing high-grade gold showings over a 40 kilometre strike of the Cape Smith Greenstone Belt.

• Location: Nunavik, Quebec
• Acquired: 2024
• Employees: 0
• Contractors: 0

The Alamos corporate office is based in Toronto, the mining finance capital of the world. Per the Ontario Mining Association, 43% of the world’s public mining companies globally are listed on either the TSX or TSXV.

• Employees: 74
• Contractors: 0

The Quartz Mountain Project is a longer-term growth opportunity for Alamos. It has an established Mineral Resource and strong exploration potential through a large prospective land package.

• Location: Oregon, USA
• Acquired: 2013
• Method: Future open-pit and heap leach operation
• Employees: 0
• Contractors: 0

The Mulatos Mine District is Alamos Gold’s founding operation and is comprised of the Mulatos and La Yaqui Grande mines. It was acquired for $10 million and has produced over 2.5 million ounces of gold and generated ~$470 million in free cash flow since 2005. Mulatos remains a consistent gold producer and significant cash flow generator, with strong exploration potential.

• Location: Sonora, Mexico
• Acquired: 2003
• Method: Open-pit, heap-leach and adsorption-desorption-recovery (ADR) operations
• 2024 Production: 205,000 ounces
• Employees: 460
• Contractors: 677

The El Chanate mine ceased mining activities in October 2018 and continues through the reclamation process.

• Location: Sonora, Mexico
• Acquired: 2015
• Method: Former open-pit and heap leach operation
• Employees: 1
• Contractors: 10

The Hermosillo Regional Office supports the Mulatos Mine Complex and exploration activities within Mexico. Several employees and support services are located full-time at the Hermosillo Office, including Finance, Procurement, and members of mine management.

• Employees: 55
• Contractors: 4

The Turkish Development Projects are comprised of the Aği Daği, Kirazlı and Çamyurt projects in western Türkiye.

• Location: Çanakkale Province, Türkiye
• Acquired: 2010
• Method: Future open-pit and heap leach operations
• Employees: 6
• Contractors: 5