Minera Alamos Reports First Quarter 2026 Results, Setting Quarterly Records for Revenue of US$39.2 Million, Earnings of US$10.9 Million, and EBITDA of US$15.3 Million

About this update from Minera Alamos Inc.

Toronto, Ontario--(Newsfile Corp. - May 25, 2026) - Minera Alamos Inc. (TSXV: MAI) (OTCQX: MAIFF) ("Minera Alamos" or the "Company") is pleased to announce unaudited financial and operating results for the three months ended March 31, 2026 ("first quarter" or "Q1 2026"). As of January 1, 2026, the Company changed its reporting currency from Canadian dollars to United States dollars. Therefore, results are presented in U.S. dollars unless otherwise stated. For details of the consolidated Financial Statements and Management's Discussion and Analysis, please see the Company's filings at www.mineraalamos.com or on SEDAR+ at www.sedarplus.ca. First Quarter 2026 Highlights 1 Refer to the "Non-IFRS Measures" in this release and associated MD&A for a description of these measures. Minera Alamos CEO, Darren Blasutti, commented, "We are pleased with our first quarter 2026 results marking a strong start to the year by setting new records for revenue, earnings, and EBITDA. In addition, the Pan mine total cash costs and AISC came in below the lower end of our annual cost guidance ranges, showing continued, disciplined cost controls at the operation. We are proud of the work done by our Pan mine operating team delivering an excellent operating result while ramping up with a new mining contractor early in the quarter and despite higher diesel prices later in quarter. "Looking forward this week, we plan to close the revolving credit facility with Scotiabank and National Bank, eliminate our forward and pre-pay gold ounces, and release the results of a pre-feasibility study on the Copperstone project." Recent Highlights 2 The full report, "NI 43-101 Technical Report on Resources and Reserves Pan Gold Mine, White Pine County, Nevada", dated March 5, 2026 and effective September 1, 2025, is available for download from the Company's SEDAR+ profile at www.sedarplus.ca. 2026 OutlookThe Company's strategy is to become a leading, U.S. focused intermediate gold producer by growing production at its Pan Operating Complex and developing its pipeline of high-quality, low-capital projects while expanding gold resources across its portfolio. For 2026, the Company has the following goals pursuant to its strategy: 3 The Company has applied to have its securities listed on To...

View stock analysis, news, and events for Minera Alamos Inc.