Alamos Gold Reports 32% Increase in Global Gold Reserves, Driven by 125% Growth at Island Gold

summarizeSummary

Alamos Gold announced a 32% increase in global gold reserves, with a 125% surge at its key Island Gold asset, reinforcing its long-term production outlook and supporting its expansion plans.

check_boxKey Events

• Global Mineral Reserves Increase Significantly

  Proven and Probable Mineral Reserves increased 32% to 15.9 million ounces of gold as of December 31, 2025, with grades also increasing 5% to 1.87 g/t Au.

• Island Gold Reserves More Than Double

  Island Gold's Mineral Reserves surged by 125% to 5.1 million ounces (15.1 mt grading 10.61 g/t Au), driven by successful resource conversion.

• Magino Reserves Show Strong Growth

  Magino's Mineral Reserves increased 56% to 3.1 million ounces, primarily due to the conversion of Mineral Resources.

• Record Exploration Budget for 2026

  The company plans a record global exploration budget of $97 million in 2026, a 37% increase from 2025, to further expand its resource base.

auto_awesomeAnalysis

Alamos Gold Inc. has reported a substantial 32% increase in its global Proven and Probable Mineral Reserves, reaching 15.9 million ounces of gold, with overall grades also improving by 5%. This significant growth is primarily attributed to the Island Gold District, where Mineral Reserves more than doubled, increasing by 125% to 5.1 million ounces. This robust reserve growth provides a strong foundation for the company's long-term production profile and directly underpins the recently announced Island Gold District Expansion Study from February 4, 2026, which projects a significant increase in production. The company's commitment to future growth is further evidenced by a record $97 million exploration budget for 2026, a 37% increase from the previous year, indicating continued investment in expanding its resource base.