Alamos Gold Announces Construction Decision on High Return La Yaqui Grande Project with After-Tax IRR of 41%

20200728-La-Yaqui-Grande-Construction-Decision

TORONTO, July 28, 2020 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported results of the positive internal economic study completed on its fully permitted La Yaqui Grande project located in the Mulatos District in Sonora, Mexico. Given the project’s strong economics and its proximity to the existing Mulatos operation, the Company is proceeding with construction of the project starting in the second half of 2020.

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