Minera Alamos Reports Fourth Quarter Gold Production of 9,165 Ounces from the Pan Operating Complex; Cash Balance Increased to US$34 Million
TMX Newsfile·2026-01-15 11:30

Core Insights - Minera Alamos Inc. reported strong preliminary operational results for Q4 2025, marking its first quarter as a gold producer following the acquisition of the Pan Operating Complex [2][3] - The company produced 9,165 ounces of gold in Q4 2025, exceeding its forecast of 8,500-9,000 ounces, and achieved a full-year production of 35,303 ounces, meeting its annual guidance of 30,000-40,000 ounces [3][7] - The all-in sustaining cost (AISC) for Q4 2025 was reported at US$1,604 per ounce, with preliminary cash costs at US$1,549 per ounce [3][7] - The company's unrestricted cash balance increased to US$34 million as of December 31, 2025, positioning it well for future growth [4][7] Production and Financial Performance - The Pan mine produced 9,165 ounces of gold in Q4 2025 and sold 8,492 ounces, with the remaining 673 ounces sold at the beginning of 2026 [3][7] - The company ended the year with a record cash balance of US$34 million, reflecting strong operational performance and cost discipline [3][4] - Full-year gold production of 35,303 ounces was achieved, aligning with the company's annual guidance [3][7] Strategic Positioning - Minera Alamos aims to become a leading intermediate gold producer focused on the Americas by leveraging the Pan mine as a cash flow engine and developing a pipeline of high-quality, low-capital projects [3][11] - The company is positioned to expand its gold resources across its portfolio, which includes several projects in North America [11]