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Alamos Gold Announces Island Gold District Expansion to 20,000 TPD, Creating One of Canada’s Largest and Lowest Cost Gold Mines with Attractive Economics, including 69% After-Tax IRR and $12.2 Billion NPV at $4,500/oz Gold

GenevaTimes by GenevaTimes
February 4, 2026
in Business
Reading Time: 1 min read
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Such statements in this release include (without limitation) information, assumptions, expectations and guidance as to strategy, plans, and future financial and operating performance, such as those regarding: free cash flow; costs (including cash costs, AISC, mine-site AISC, capital expenditures, growth and sustaining capital); cost structure and anticipated declining cost profile; budgets; NPV and IRR calculations; payment of taxes; net asset value; gold and other metal price assumptions; foreign exchange rates; mining methodologies; underground development rates; mining, milling and processing rates; total mill feed and throughput rates; expected average recoveries; anticipated gold production, production rates, timing of production, further production potential and growth; gold grades; mine life; Mineral Reserve life; Mineral Reserves and Resources, conversion rates and growth; planned exploration, exploration potential, strategy, focusses, targets, budget, discovery cost, upside and anticipated results; reduction in greenhouse gas emissions; project-related risks; improvement initiatives; project economics; value creation; size and profitability of operations; shareholder returns; the Island Gold District Expansion Study, expectation that growth will be self-financed, life of mine plan, project milestones and timing and effects of completion of the Island Gold District Expansion and the Phase 3+ Expansion Project, mill expansion, paste plant completion and commissioning, tailings expansion, construction of an airstrip and other infrastructure upgrades, construction of a 115kV powerline and timing of the Magino mill’s connection to the electric grid and elimination of reliance on CNG; permitting requirements; and any other statements that express management’s expectations or estimates of future performance, operational, geological or financial results.

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