Alamos Gold Reports Mineral Reserves and Resources for the Year-Ended 2023

“Our global Mineral Reserve base continues to expand both in size and quality. This reflects not only another strong year of exploration success, but also the quality of our asset base. Global Mineral Reserves have increased for five consecutive years for a combined increase of 10%, after depletion of three million ounces, with grades also increasing 9% driven by higher-grade additions at Island Gold and PDA,” said John A. McCluskey, President and Chief Executive Officer.

SilverCrest Provides 2024 Guidance

N. Eric Fier, CEO, commented, “2023 marked a successful first year of commercial production with Las Chispas exceeding its inaugural sales guidance, leading to full repayment of our debt and a $54.4 million or 107% increase in treasury assets. Despite continued cost pressures we are proud to be delivering sales and cost guidance that is in line with our 2023 Technical Report. In 2024 we will continue to pursue capital allocation opportunities including exploration, share buybacks, and growth of our bullion holdings.”

Positive Feasibility Results Establish Cordero as One of the World’s Leading Development-Stage Silver Projects

Tony Makuch, CEO, states: “Our Feasibility Study has delivered outstanding results that clearly establish Cordero as one of the world’s leading development-stage projects. Cordero is the largest undeveloped silver project globally based on both reserves and annual production and has low unit costs in support of high margins and substantial cash flow generation.”

Agnico Eagle Provides an Update on 2023 Exploration Results and 2024 Exploration Plans – Mineral Reserves Up 10.5% Year-Over-Year to 54 Moz; Initial Mineral Reserves of 5.2 Moz Declared at East Gouldie; Initial Underground Mineral Resources Declared at Detour Lake of 1.6Moz

“The Company’s ambitious exploration program in 2023 and continuing into 2024 is yielding exciting results. At Detour Lake, step-out drilling suggests potential for an underground operation and, together with optimization of the current open pits and mill, bringing the Detour Lake mine to a production rate of one million ounces per year. At Odyssey, step-out drilling continues to significantly extend the East Gouldie deposit to the west and east. At Hope Bay, drill results confirm the expansion of the Madrid deposit at depth with wide high grade intercepts, in line with our expectations for the exploration upside of this project,” said Guy Gosselin, Agnico Eagle’s Executive Vice-President, Exploration.

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