MINERA ALAMOS UPDATES PROGRESS AT GUADALUPE DE LOS REYES GOLD PROJECT, SINALOA, MEXICO

Minera Alamos_19062018

Minera Alamos Inc. (“Minera Alamos” or “Company”) (TSX VENTURE:MAI, OTCQB:MAIFF)) is pleased to provide an update on development activities at the Company’s Guadalupe de los Reyes (“Guadalupe”) Project, Sinaloa, Mexico. The Guadalupe Project is one of three gold development projects being advanced within the Company’s project development profile, that also includes the Santana and La Fortuna projects, both of which are awaiting their respective commercial production
permits expected this year. The Guadalupe project is one of the most significant historic gold producers in this region of Mexico and contains a NI 43-101 near surface gold resource consisting of the following with significant untapped resource potential from previously identified mineralized structures that remain undrilled:
• Indicated Resource of approximately 6.8 million tonnes with an average grade of 1.73 g/t gold for approximately 380,100 contained ounces (using a 0.5 g/t cut-off);
• Inferred Resource of approximately 3.2 million tonnes with an average grade of 1.49 g/t gold for approximately 155,200 contained ounces of gold (using a 0.5 g/t cut-off).

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