Minera Alamos Re-Affirms 2025 Production Guidance and Provides Update on Pan Mine

Core Viewpoint - Minera Alamos re-affirms its 2025 production and cost guidance for the Pan mine, highlighting its transition into a growing U.S. gold producer with significant cash flow expected in Q4 2025 [1][3][6] Group 1: Production and Financial Guidance - The Pan Mine is projected to produce between 30,000 to 40,000 ounces of gold in 2025 at an all-in sustaining cost (AISC) of $1,600 to $1,700 per ounce [6] - The forecast for Q4 2025 is to meet or exceed planned production of 8,500 to 9,000 ounces of gold, with all ounces produced being attributed to Minera Alamos [6] - Year-to-date gold production for Q3 2025 was approximately 26,100 ounces at an AISC of about $1,675 per ounce sold [6] Group 2: Operational Updates - The first gold pour under Minera Alamos ownership occurred on October 7, 2025, marking a significant milestone for the company [3][6] - The Pan Mine has been in continuous production since 2017, producing over 335,000 ounces to date, with 35,228 ounces sold in 2024 at a cash cost of $1,473 per ounce [4][6] - Recent expansions of leach pads have increased stacking capacity, supporting ongoing production and future growth [4] Group 3: Company Overview - Minera Alamos operates the Pan Mining Complex in Nevada, which includes the Pan heap leach gold mine and two other development projects [8] - The company also owns the Copperstone mine in Arizona and maintains a portfolio of high-quality assets in Mexico, including the Santana and Cerro de Oro projects [8] - The strategy of Minera Alamos focuses on developing low capital expenditure assets while expanding resources and pursuing strategic acquisitions [8]