Alamos Gold Reports Second Quarter 2016 Results and Provides Exploration Update at Mulatos

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1192-tsx/agi/23295-alamos-reports-second-quarter-2016-results-and-provides-exploration-update-at-mulatos.html

Alamos Gold Inc. (TSX:AGI)(NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the second quarter ended June 30, 2016 and reviewed its operating, exploration and development activities.

“The second quarter marked a significant turning point for Alamos, with all three operations generating positive free cash flow. This included Young-Davidson, with underground mining rates ramping up to average a new record in the quarter. We expect higher production and lower costs to drive strong free cash flow growth in the second half of this year, and are well positioned to achieve full year guidance,” said John A. McCluskey, President and Chief Executive Officer.

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