Alamos Gold expects stronger production, lower costs in Q2

Sees Q2 gold production between 135K-150K ounces. Expects all-in sustaining costs to decrease approximately 20% in Q2 compared to Q1, with further decreases through the remainder of the year. Regarding their Young-Davidson and Magino operations, John McCluskey, president and CEO stated, “Both operations have demonstrated a significant improvement in April and we expect this to contribute to stronger production and lower costs in the second quarter. With a further increase in production and decrease in costs expected in the second half of the year, we remain on track to achieve our full year production guidance.”