# Alamos Gold Reports Mineral Reserves and Resources for the Year-Ended 2025 Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4 Original source: https://money.tmx.com/en/quote/AGI/news/7334719560523120/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025 Publisher: tmx Original announcement: 2026-02-17T22:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Alamos Gold Inc. - Ticker: AGI - Exchange: TSX - Region: Unavailable - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Resource update - Extracted: 2026-09-13 11:12:39 UTC Narrative sentiment: 0.90 · Bullish ## Minestarters Atlas summary Alamos Gold reported a significant 32% increase in global Proven and Probable gold reserves to 15.9 million ounces, with grades also increasing by 5% to 1.87 g/t Au, as of December 31, 2025. This growth was largely driven by a 125% increase in high-grade reserves at Island Gold and a 56% increase at Magino, reflecting successful conversion of resources to reserves. Global Measured and Indicated resources also grew by 6% to 5.5 million ounces, while Inferred resources decreased by 63% due to these conversions. Reasoning: Alamos Gold reported a substantial 32% increase in global Proven and Probable gold reserves to 15.9 million ounces, accompanied by a 5% increase in overall grades, primarily driven by a 125% growth in high-grade reserves at Island Gold. This significant growth, coupled with successful resource conversion and an increased exploration budget, indicates strong operational performance and future potential, despite a decrease in Inferred resources due to conversion. - Positive factor: Global Proven and Probable gold reserves increased significantly by 32% to 15.9 million ounces, with overall grades increasing by 5% to 1.87 g/t Au. - Positive factor: Island Gold's high-grade Mineral Reserves more than doubled, increasing 125% to 5.1 million ounces at 10.61 g/t Au, driven by successful resource conversion. - Positive factor: Magino's Mineral Reserves increased 56% to 3.1 million ounces, primarily due to successful resource conversion. - Positive factor: Global Measured and Indicated Mineral Resources increased 6% to 5.5 million ounces, with slightly higher grades, indicating growth and de-risking. - Positive factor: Successful conversion of Inferred Mineral Resources to higher confidence categories \(M&I and Reserves\) at Island Gold and Magino. - Positive factor: The company increased its gold price assumptions for estimates, reflecting a stronger market environment. - Positive factor: A record global exploration budget of $97 million is planned for 2026, indicating strong future growth potential. - Negative factor: Global Inferred Mineral Resources decreased by 63% to 2.0 million ounces, with grades decreasing by 37%, reflecting conversion but also a reduction in the lowest confidence category. - Negative factor: Mulatos Mineral Reserves decreased by 14% due to depletion at La Yaqui Grande. - Negative factor: The cut-off grade for La Yaqui Grande reserves is described as a 'net of process value' rather than a simple grade, which reduces transparency for direct comparison. Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 110 ## Classification and evidence No classification tags are available. ## Extracted facts Stored fact records: 110. Some facts used in scoring do not have a stored record. ## Resource Estimates (110) ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-0) Island Gold · gold #### Identity - Project: Island Gold - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:889d2918d632b70ae7ba #### Resource Data - Category: probable - Tonnes: 15072000 - Grade: 10.61 - Grade Unit: g/t - Contained Metal: 5141000 - Contained Unit: oz - Cutoff Grade: 3.78 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 6232000 - Prior Grade: 11.4 - Prior Contained Metal: 2285000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Island Gold's Proven and Probable gold reserves saw exceptional growth, increasing 125% in contained metal and 142% in tonnage, despite a slight decrease in grade, reflecting successful resource conversion and expansion. - Positive factor: Proven and Probable reserves increased by 125% to 5.141 million ounces, indicating significant growth and de-risking. - Positive factor: The contained metal increased by 125% from 2.285 million ounces to 5.141 million ounces. - Positive factor: The tonnage increased by 142% from 6.232 million tonnes to 15.072 million tonnes. - Negative factor: The grade decreased by 7% from 11.40 g/t Au to 10.61 g/t Au. Evidence · table > 10.61 Context: 15,072 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 15072000 against 6232000 previously **Grade Decline** Polarity: negative Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: 10.61 against 11.4 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 5141000 against 2285000 previously ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-1) Magino · gold #### Identity - Project: Magino - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:dcd097ca402b87cc3f69 #### Resource Data - Category: probable - Tonnes: 113141000 - Grade: 0.86 - Grade Unit: g/t - Contained Metal: 3141000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 68400000 - Prior Grade: 0.91 - Prior Contained Metal: 2008000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Magino's Proven and Probable gold reserves showed strong growth, with a 56% increase in contained metal and 65% in tonnage, despite a slight grade decrease, primarily due to successful resource conversion. - Positive factor: Proven and Probable reserves increased by 56% to 3.141 million ounces, indicating significant growth. - Positive factor: The contained metal increased by 56% from 2.008 million ounces to 3.141 million ounces. - Positive factor: The tonnage increased by 65% from 68.400 million tonnes to 113.141 million tonnes. - Negative factor: The grade decreased by 5% from 0.91 g/t Au to 0.86 g/t Au. Evidence · table > 0.86 Context: 113,141 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 113141000 against 68400000 previously **Grade Decline** Polarity: negative Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: 0.86 against 0.91 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 3141000 against 2008000 previously ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-2) Total Island Gold District · gold #### Identity - Project: Total Island Gold District - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:da4a8b4ba2d211f87c84 #### Resource Data - Category: probable - Tonnes: 128212000 - Grade: 2.01 - Grade Unit: g/t - Contained Metal: 8282000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 74632000 - Prior Grade: 1.79 - Prior Contained Metal: 4293000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: The Total Island Gold District's Proven and Probable gold reserves demonstrated exceptional growth, with a 93% increase in contained metal and a 12% increase in grade, highlighting the district's strong potential. - Positive factor: Total Island Gold District Proven and Probable reserves increased by 93% to 8.282 million ounces, indicating significant overall growth. - Positive factor: The contained metal increased by 93% from 4.293 million ounces to 8.282 million ounces. - Positive factor: The tonnage increased by 72% from 74.632 million tonnes to 128.212 million tonnes. - Positive factor: The grade increased by 12% from 1.79 g/t Au to 2.01 g/t Au. Evidence · table > 2.01 Context: 128,212 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 128212000 against 74632000 previously **Grade Improvement** Polarity: positive Definition: Average resource grade improved vs prior estimate — better deposit economics. Why it applies: 2.01 against 1.79 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 8282000 against 4293000 previously ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-3) Young-Davidson · gold #### Identity - Project: Young-Davidson - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:758d695657d705dc3b29 #### Resource Data - Category: probable - Tonnes: 42184000 - Grade: 2.2 - Grade Unit: g/t - Contained Metal: 2983000 - Contained Unit: oz - Cutoff Grade: 1.57 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 41756000 - Prior Grade: 2.26 - Prior Contained Metal: 3030000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Young-Davidson's Proven and Probable gold reserves remained largely stable, with a minor decrease in contained metal and grade, offset by a slight increase in tonnage. - Positive factor: Tonnage increased slightly by 1% from 41.756 million tonnes to 42.184 million tonnes. - Negative factor: Contained metal decreased by 2% from 3.030 million ounces to 2.983 million ounces. - Negative factor: Grade decreased by 3% from 2.26 g/t Au to 2.20 g/t Au. Evidence · table > 2.20 Context: 42,184 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Contained Metal Decline** Polarity: negative Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. Why it applies: 2983000 against 3030000 previously **Dilutive Growth** Polarity: negative Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion. Why it applies: tonnage rose while contained metal went 2983000 from 3030000 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-4) La Yaqui Grande · gold #### Identity - Project: La Yaqui Grande - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:640c9129eb74d14c7b70 #### Resource Data - Category: probable - Tonnes: 3293000 - Grade: 1.35 - Grade Unit: g/t - Contained Metal: 143000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 7710000 - Prior Grade: 1.34 - Prior Contained Metal: 331000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: La Yaqui Grande's Proven and Probable gold reserves experienced a substantial 57% decrease in contained metal and tonnage, primarily due to depletion, despite a minor grade increase. The non-standard cut-off grade also adds a layer of complexity. - Positive factor: The grade increased slightly by 1% from 1.34 g/t Au to 1.35 g/t Au. - Negative factor: Proven and Probable reserves decreased by 57% to 0.143 million ounces, indicating significant depletion. - Negative factor: The contained metal decreased by 57% from 0.331 million ounces to 0.143 million ounces. - Negative factor: The tonnage decreased by 57% from 7.710 million tonnes to 3.293 million tonnes. - Negative factor: The reserve cut-off grade is determined as a 'net of process value' rather than a simple grade, which reduces transparency. Evidence · table > 1.35 Context: 3,293 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Decline** Polarity: negative Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. Why it applies: 3293000 against 7710000 previously **Contained Metal Decline** Polarity: negative Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. Why it applies: 143000 against 331000 previously ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-5) Puerto Del Aire · gold #### Identity - Project: Puerto Del Aire - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:41841b3fde4c1e56bed4 #### Resource Data - Category: probable - Tonnes: 6050000 - Grade: 5.45 - Grade Unit: g/t - Contained Metal: 1060000 - Contained Unit: oz - Cutoff Grade: 3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 6050000 - Prior Grade: 5.45 - Prior Contained Metal: 1060000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Puerto Del Aire's Proven and Probable gold reserves remained unchanged from the prior year, indicating no new additions or depletion reported in this update. Evidence · table > 5.45 Context: 6,050 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-6) Total Mulatos · gold #### Identity - Project: Total Mulatos - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:43c38aaa4ce19d3e9d7f #### Resource Data - Category: probable - Tonnes: 9343000 - Grade: 4 - Grade Unit: g/t - Contained Metal: 1203000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 13760000 - Prior Grade: 3.14 - Prior Contained Metal: 1391000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Mulatos Proven and Probable gold reserves saw a decrease in contained metal and tonnage, primarily due to depletion, despite a notable increase in average grade. - Positive factor: The grade increased significantly by 27% from 3.14 g/t Au to 4.00 g/t Au. - Negative factor: Total Mulatos Proven and Probable reserves decreased by 14% to 1.203 million ounces. - Negative factor: The contained metal decreased by 14% from 1.391 million ounces to 1.203 million ounces. - Negative factor: The tonnage decreased by 32% from 13.760 million tonnes to 9.343 million tonnes. Evidence · table > 4.00 Context: 9,343 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Decline** Polarity: negative Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. Why it applies: 9343000 against 13760000 previously **Grade Improvement** Polarity: positive Definition: Average resource grade improved vs prior estimate — better deposit economics. Why it applies: 4 against 3.14 previously **Contained Metal Decline** Polarity: negative Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. Why it applies: 1203000 against 1391000 previously ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-7) MacLellan · gold #### Identity - Project: MacLellan - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:0805d9ed9693a22b2904 #### Resource Data - Category: probable - Tonnes: 41158000 - Grade: 1.31 - Grade Unit: g/t - Contained Metal: 1732000 - Contained Unit: oz - Cutoff Grade: 0.33 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 39379000 - Prior Grade: 1.35 - Prior Contained Metal: 1711000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: MacLellan's Proven and Probable gold reserves showed minor growth in contained metal and tonnage, with a slight decrease in grade, indicating relative stability. - Positive factor: Contained metal increased slightly by 1% from 1.711 million ounces to 1.732 million ounces. - Positive factor: Tonnage increased by 5% from 39.379 million tonnes to 41.158 million tonnes. - Negative factor: Grade decreased by 3% from 1.35 g/t Au to 1.31 g/t Au. Evidence · table > 1.31 Context: 41,158 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Dilutive Growth** Polarity: negative Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion. Why it applies: tonnage rose while contained metal went 1732000 from 1711000 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-8) Gordon · gold #### Identity - Project: Gordon - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:c7303b6b61c65cf54a28 #### Resource Data - Category: probable - Tonnes: 10440000 - Grade: 2.02 - Grade Unit: g/t - Contained Metal: 679000 - Contained Unit: oz - Cutoff Grade: 0.45 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 10006000 - Prior Grade: 2.09 - Prior Contained Metal: 671000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Gordon's Proven and Probable gold reserves showed minor growth in contained metal and tonnage, with a slight decrease in grade, indicating relative stability. - Positive factor: Contained metal increased slightly by 1% from 0.671 million ounces to 0.679 million ounces. - Positive factor: Tonnage increased by 4% from 10.006 million tonnes to 10.440 million tonnes. - Negative factor: Grade decreased by 3% from 2.09 g/t Au to 2.02 g/t Au. Evidence · table > 2.02 Context: 10,440 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Dilutive Growth** Polarity: negative Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion. Why it applies: tonnage rose while contained metal went 679000 from 671000 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-9) Burnt Timber · gold #### Identity - Project: Burnt Timber - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:20fbc67564eb326baa1b #### Resource Data - Category: probable - Tonnes: 13934000 - Grade: 1 - Grade Unit: g/t - Contained Metal: 449000 - Contained Unit: oz - Cutoff Grade: 0.4 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 14352000 - Prior Grade: 1.02 - Prior Contained Metal: 469000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Burnt Timber's Proven and Probable gold reserves saw a minor decrease in contained metal, tonnage, and grade, indicating a slight reduction in the estimate. - Negative factor: Contained metal decreased by 4% from 0.469 million ounces to 0.449 million ounces. - Negative factor: Tonnage decreased by 3% from 14.352 million tonnes to 13.934 million tonnes. - Negative factor: Grade decreased by 1% from 1.02 g/t Au to 1.00 g/t Au. Evidence · table > 1.00 Context: 13,934 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Decline** Polarity: negative Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. Why it applies: 13934000 against 14352000 previously **Contained Metal Decline** Polarity: negative Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. Why it applies: 449000 against 469000 previously ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-10) Linkwood · gold #### Identity - Project: Linkwood - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:ac10ce7dea44f61b1563 #### Resource Data - Category: probable - Tonnes: 19906000 - Grade: 0.9 - Grade Unit: g/t - Contained Metal: 576000 - Contained Unit: oz - Cutoff Grade: 0.4 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 16318000 - Prior Grade: 0.9 - Prior Contained Metal: 472000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Linkwood's Proven and Probable gold reserves showed moderate growth, with a 22% increase in contained metal and tonnage, while maintaining its grade. - Positive factor: Contained metal increased by 22% from 0.472 million ounces to 0.576 million ounces. - Positive factor: Tonnage increased by 22% from 16.318 million tonnes to 19.906 million tonnes. - Positive factor: Grade remained stable at 0.90 g/t Au. Evidence · table > 0.90 Context: 19,906 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 19906000 against 16318000 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 576000 against 472000 previously ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-11) Total Lynn Lake · gold #### Identity - Project: Total Lynn Lake - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:d1bf582914cb99581f61 #### Resource Data - Category: probable - Tonnes: 85438000 - Grade: 1.25 - Grade Unit: g/t - Contained Metal: 3436000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 80056000 - Prior Grade: 1.29 - Prior Contained Metal: 3322000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Lynn Lake Proven and Probable gold reserves showed minor growth in contained metal and tonnage, with a slight decrease in grade, indicating overall stability. - Positive factor: Contained metal increased by 3% from 3.322 million ounces to 3.436 million ounces. - Positive factor: Tonnage increased by 7% from 80.056 million tonnes to 85.438 million tonnes. - Negative factor: Grade decreased by 3% from 1.29 g/t Au to 1.25 g/t Au. Evidence · table > 1.25 Context: 85,438 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Dilutive Growth** Polarity: negative Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion. Why it applies: tonnage rose while contained metal went 3436000 from 3322000 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-12) Alamos – Total · gold #### Identity - Project: Alamos – Total - Commodity: gold - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:85f44f17bfaccd2f6b76 #### Resource Data - Category: probable - Tonnes: 265176000 - Grade: 1.87 - Grade Unit: g/t - Contained Metal: 15903000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 210203000 - Prior Grade: 1.78 - Prior Contained Metal: 12036000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Alamos Gold's total Proven and Probable gold reserves demonstrated exceptional growth, with a 32% increase in contained metal and a 5% increase in grade, indicating a strong overall performance. - Positive factor: Total Proven and Probable reserves increased significantly by 32% to 15.903 million ounces. - Positive factor: The contained metal increased by 32% from 12.036 million ounces to 15.903 million ounces. - Positive factor: The tonnage increased by 26% from 210.203 million tonnes to 265.176 million tonnes. - Positive factor: The grade increased by 5% from 1.78 g/t Au to 1.87 g/t Au. Evidence · table > 1.87 Context: 265,176 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 265176000 against 210203000 previously **Grade Improvement** Polarity: positive Definition: Average resource grade improved vs prior estimate — better deposit economics. Why it applies: 1.87 against 1.78 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 15903000 against 12036000 previously ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-13) Island Gold · gold #### Identity - Project: Island Gold - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:87db4d04f6c3248712a5 #### Resource Data - Category: indicated - Tonnes: 2093000 - Grade: 8.77 - Grade Unit: g/t - Contained Metal: 590000 - Contained Unit: oz - Cutoff Grade: 3.75 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 2133000 - Prior Grade: 8.76 - Prior Contained Metal: 601000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Island Gold's Measured and Indicated gold resources saw a minor decrease in contained metal and tonnage, with stable grades, likely due to conversion to reserves. - Positive factor: Grade remained stable with a minor increase of 0% from 8.76 g/t Au to 8.77 g/t Au. - Negative factor: Measured and Indicated resources decreased by 2% to 0.590 million ounces. - Negative factor: The contained metal decreased by 2% from 0.601 million ounces to 0.590 million ounces. - Negative factor: The tonnage decreased by 2% from 2.133 million tonnes to 2.093 million tonnes. Evidence · table > 8.77 Context: 2,093 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Decline** Polarity: negative Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. Why it applies: 2093000 against 2133000 previously **Contained Metal Decline** Polarity: negative Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. Why it applies: 590000 against 601000 previously ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-14) Magino · gold #### Identity - Project: Magino - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:b3b2128edf81303ec8fd #### Resource Data - Category: indicated - Tonnes: 56798000 - Grade: 0.79 - Grade Unit: g/t - Contained Metal: 1439000 - Contained Unit: oz - Cutoff Grade: 0.28 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 62689000 - Prior Grade: 0.94 - Prior Contained Metal: 1905000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Magino's Measured and Indicated gold resources experienced a significant decrease in contained metal and grade, primarily due to conversion to reserves. - Negative factor: Measured and Indicated resources decreased by 24% to 1.439 million ounces. - Negative factor: The contained metal decreased by 24% from 1.905 million ounces to 1.439 million ounces. - Negative factor: The tonnage decreased by 9% from 62.689 million tonnes to 56.798 million tonnes. - Negative factor: The grade decreased by 17% from 0.94 g/t Au to 0.79 g/t Au. Evidence · table > 0.79 Context: 56,798 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Decline** Polarity: negative Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. Why it applies: 56798000 against 62689000 previously **Grade Decline** Polarity: negative Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: 0.79 against 0.94 previously **Contained Metal Decline** Polarity: negative Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. Why it applies: 1439000 against 1905000 previously ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-15) Total Island Gold District · gold #### Identity - Project: Total Island Gold District - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:0f553f2d19bdc658ed7d #### Resource Data - Category: indicated - Tonnes: 58891000 - Grade: 1.07 - Grade Unit: g/t - Contained Metal: 2029000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 64823000 - Prior Grade: 1.2 - Prior Contained Metal: 2506000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: The Total Island Gold District's Measured and Indicated gold resources saw a notable decrease in contained metal, tonnage, and grade, primarily due to conversion to reserves. - Negative factor: Total Island Gold District Measured and Indicated resources decreased by 19% to 2.029 million ounces. - Negative factor: The contained metal decreased by 19% from 2.506 million ounces to 2.029 million ounces. - Negative factor: The tonnage decreased by 9% from 64.823 million tonnes to 58.891 million tonnes. - Negative factor: The grade decreased by 11% from 1.20 g/t Au to 1.07 g/t Au. Evidence · table > 1.07 Context: 58,891 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Decline** Polarity: negative Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. Why it applies: 58891000 against 64823000 previously **Grade Decline** Polarity: negative Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: 1.07 against 1.2 previously **Contained Metal Decline** Polarity: negative Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. Why it applies: 2029000 against 2506000 previously ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-16) Young-Davidson – Surface · gold #### Identity - Project: Young-Davidson – Surface - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:6f1bbb7c15375556fbbd #### Resource Data - Category: indicated - Tonnes: 1739000 - Grade: 1.24 - Grade Unit: g/t - Contained Metal: 69000 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 1739000 - Prior Grade: 1.24 - Prior Contained Metal: 69000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Young-Davidson Surface Measured and Indicated gold resources remained unchanged from the prior year, indicating stability. Evidence · table > 1.24 Context: 1,739 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-17) Young-Davidson – Underground · gold #### Identity - Project: Young-Davidson – Underground - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:6b81b534f9462f35ef20 #### Resource Data - Category: indicated - Tonnes: 12970000 - Grade: 3.4 - Grade Unit: g/t - Contained Metal: 1420000 - Contained Unit: oz - Cutoff Grade: 1.39 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 11114000 - Prior Grade: 3.13 - Prior Contained Metal: 1117000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Young-Davidson Underground Measured and Indicated gold resources showed strong growth, with a 27% increase in contained metal and a 9% increase in grade, indicating successful expansion. - Positive factor: Measured and Indicated resources increased by 27% to 1.420 million ounces. - Positive factor: The contained metal increased by 27% from 1.117 million ounces to 1.420 million ounces. - Positive factor: The tonnage increased by 17% from 11.114 million tonnes to 12.970 million tonnes. - Positive factor: The grade increased by 9% from 3.13 g/t Au to 3.40 g/t Au. Evidence · table > 3.40 Context: 12,970 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 12970000 against 11114000 previously **Grade Improvement** Polarity: positive Definition: Average resource grade improved vs prior estimate — better deposit economics. Why it applies: 3.4 against 3.13 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 1420000 against 1117000 previously ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-18) Total Young-Davidson · gold #### Identity - Project: Total Young-Davidson - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:231120a9415b59d4d4f1 #### Resource Data - Category: indicated - Tonnes: 14708000 - Grade: 3.15 - Grade Unit: g/t - Contained Metal: 1489000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 12852000 - Prior Grade: 2.87 - Prior Contained Metal: 1186000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Young-Davidson Measured and Indicated gold resources showed strong growth, with a 26% increase in contained metal and a 10% increase in grade, indicating successful expansion. - Positive factor: Total Young-Davidson Measured and Indicated resources increased by 26% to 1.489 million ounces. - Positive factor: The contained metal increased by 26% from 1.186 million ounces to 1.489 million ounces. - Positive factor: The tonnage increased by 14% from 12.852 million tonnes to 14.708 million tonnes. - Positive factor: The grade increased by 10% from 2.87 g/t Au to 3.15 g/t Au. Evidence · table > 3.15 Context: 14,708 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Grade Improvement** Polarity: positive Definition: Average resource grade improved vs prior estimate — better deposit economics. Why it applies: 3.15 against 2.87 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 1489000 against 1186000 previously ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-19) Golden Arrow · gold #### Identity - Project: Golden Arrow - Commodity: gold - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:d7476981fb06d7cc038b #### Resource Data - Category: indicated - Tonnes: 6442000 - Grade: 1.19 - Grade Unit: g/t - Contained Metal: 246000 - Contained Unit: oz - Cutoff Grade: 0.64 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 6442000 - Prior Grade: 1.19 - Prior Contained Metal: 246000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Golden Arrow Measured and Indicated gold resources remained unchanged from the prior year, indicating stability. Evidence · table > 1.19 Context: 6,442 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-20) Mulatos Mine · gold #### Identity - Project: Mulatos Mine - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:dcae8e4b49367b742046 #### Resource Data - Category: indicated - Tonnes: 8190000 - Grade: 0.96 - Grade Unit: g/t - Contained Metal: 252000 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 6772000 - Prior Grade: 0.98 - Prior Contained Metal: 214000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Mulatos Mine Measured and Indicated gold resources showed moderate growth in contained metal and tonnage, despite a minor grade decrease. - Positive factor: Measured and Indicated resources increased by 18% to 0.252 million ounces. - Positive factor: The contained metal increased by 18% from 0.214 million ounces to 0.252 million ounces. - Positive factor: The tonnage increased by 21% from 6.772 million tonnes to 8.190 million tonnes. - Negative factor: The grade decreased by 3% from 0.98 g/t Au to 0.96 g/t Au. Evidence · table > 0.96 Context: 8,190 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 8190000 against 6772000 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 252000 against 214000 previously ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-21) La Yaqui Grande · gold #### Identity - Project: La Yaqui Grande - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:3e2a2ea84c4b9d9379cd #### Resource Data - Category: indicated - Tonnes: 1462000 - Grade: 0.81 - Grade Unit: g/t - Contained Metal: 38000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 1523000 - Prior Grade: 0.78 - Prior Contained Metal: 38000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: La Yaqui Grande's Measured and Indicated gold resources remained stable in contained metal, with a minor grade increase and tonnage decrease. - Positive factor: Grade increased by 4% from 0.78 g/t Au to 0.81 g/t Au. - Negative factor: Tonnage decreased by 4% from 1.523 million tonnes to 1.462 million tonnes. - Negative factor: Contained metal remained stable at 0.038 million ounces. Evidence · table > 0.81 Context: 1,462 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Decline** Polarity: negative Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. Why it applies: 1462000 against 1523000 previously ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-22) Puerto Del Aire · gold #### Identity - Project: Puerto Del Aire - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:1b63d87c7d94a85b20a1 #### Resource Data - Category: indicated - Tonnes: 2403000 - Grade: 3.49 - Grade Unit: g/t - Contained Metal: 269000 - Contained Unit: oz - Cutoff Grade: 2.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 2403000 - Prior Grade: 3.49 - Prior Contained Metal: 269000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Puerto Del Aire Measured and Indicated gold resources remained unchanged from the prior year, indicating stability. Evidence · table > 3.49 Context: 2,403 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-23) Cerro Pelon · gold #### Identity - Project: Cerro Pelon - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:e9503c22afd77d633c3e #### Resource Data - Category: indicated - Tonnes: 1391000 - Grade: 4.28 - Grade Unit: g/t - Contained Metal: 192000 - Contained Unit: oz - Cutoff Grade: 2.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 720000 - Prior Grade: 4.49 - Prior Contained Metal: 104000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Cerro Pelon's Measured and Indicated gold resources showed strong growth, with an 84% increase in contained metal and 93% in tonnage, despite a minor grade decrease. - Positive factor: Measured and Indicated resources increased by 84% to 0.192 million ounces. - Positive factor: The contained metal increased by 84% from 0.104 million ounces to 0.192 million ounces. - Positive factor: The tonnage increased by 93% from 0.720 million tonnes to 1.391 million tonnes. - Negative factor: The grade decreased by 5% from 4.49 g/t Au to 4.28 g/t Au. Evidence · table > 4.28 Context: 1,391 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 1391000 against 720000 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 192000 against 104000 previously ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-24) Carricito · gold #### Identity - Project: Carricito - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:008b091338f57d1c2abc #### Resource Data - Category: indicated - Tonnes: 3356000 - Grade: 0.74 - Grade Unit: g/t - Contained Metal: 80000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 1355000 - Prior Grade: 0.83 - Prior Contained Metal: 36000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Carricito's Measured and Indicated gold resources showed strong growth, with a 122% increase in contained metal and 148% in tonnage, despite a minor grade decrease. - Positive factor: Measured and Indicated resources increased by 122% to 0.080 million ounces. - Positive factor: The contained metal increased by 122% from 0.036 million ounces to 0.080 million ounces. - Positive factor: The tonnage increased by 148% from 1.355 million tonnes to 3.356 million tonnes. - Negative factor: The grade decreased by 10% from 0.83 g/t Au to 0.74 g/t Au. Evidence · table > 0.74 Context: 3,356 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 3356000 against 1355000 previously **Grade Decline** Polarity: negative Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: 0.74 against 0.83 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 80000 against 36000 previously ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-25) Total Mulatos · gold #### Identity - Project: Total Mulatos - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:52ad50704bb5f4749e2b #### Resource Data - Category: indicated - Tonnes: 16802000 - Grade: 1.54 - Grade Unit: g/t - Contained Metal: 831000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 12772000 - Prior Grade: 1.61 - Prior Contained Metal: 661000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Mulatos Measured and Indicated gold resources showed moderate growth in contained metal and tonnage, despite a minor grade decrease. - Positive factor: Total Mulatos Measured and Indicated resources increased by 26% to 0.831 million ounces. - Positive factor: The contained metal increased by 26% from 0.661 million ounces to 0.831 million ounces. - Positive factor: The tonnage increased by 32% from 12.772 million tonnes to 16.802 million tonnes. - Negative factor: The grade decreased by 4% from 1.61 g/t Au to 1.54 g/t Au. Evidence · table > 1.54 Context: 16,802 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 16802000 against 12772000 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 831000 against 661000 previously ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-26) Lynn Lake · gold #### Identity - Project: Lynn Lake - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:2e0b55747ca7ded65741 #### Resource Data - Category: indicated - Tonnes: 21735000 - Grade: 1.27 - Grade Unit: g/t - Contained Metal: 885000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 16189000 - Prior Grade: 1.13 - Prior Contained Metal: 587000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Lynn Lake's Measured and Indicated gold resources showed strong growth, with a 51% increase in contained metal and a 12% increase in grade, indicating successful expansion. - Positive factor: Measured and Indicated resources increased by 51% to 0.885 million ounces. - Positive factor: The contained metal increased by 51% from 0.587 million ounces to 0.885 million ounces. - Positive factor: The tonnage increased by 34% from 16.189 million tonnes to 21.735 million tonnes. - Positive factor: The grade increased by 12% from 1.13 g/t Au to 1.27 g/t Au. Evidence · table > 1.27 Context: 21,735 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 21735000 against 16189000 previously **Grade Improvement** Polarity: positive Definition: Average resource grade improved vs prior estimate — better deposit economics. Why it applies: 1.27 against 1.13 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 885000 against 587000 previously ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-27) Alamos – Total · gold #### Identity - Project: Alamos – Total - Commodity: gold - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:a7d561ac14d041729d8b #### Resource Data - Category: indicated - Tonnes: 118578000 - Grade: 1.44 - Grade Unit: g/t - Contained Metal: 5480000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 113077000 - Prior Grade: 1.43 - Prior Contained Metal: 5186000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Alamos Gold's total Measured and Indicated gold resources showed moderate growth, with a 6% increase in contained metal and a minor grade increase, indicating overall expansion. - Positive factor: Total Measured and Indicated resources increased by 6% to 5.480 million ounces. - Positive factor: The contained metal increased by 6% from 5.186 million ounces to 5.480 million ounces. - Positive factor: The tonnage increased by 5% from 113.077 million tonnes to 118.578 million tonnes. - Positive factor: The grade increased by 1% from 1.43 g/t Au to 1.44 g/t Au. Evidence · table > 1.44 Context: 118,578 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 5480000 against 5186000 previously ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-28) Island Gold · gold #### Identity - Project: Island Gold - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:725d02e2228f4778a80d #### Resource Data - Category: inferred - Tonnes: 2867000 - Grade: 11.51 - Grade Unit: g/t - Contained Metal: 1061000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 7106000 - Prior Grade: 16.52 - Prior Contained Metal: 3774000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Island Gold's Inferred gold resources saw a substantial decrease in contained metal, tonnage, and grade, primarily due to successful conversion to higher confidence categories. - Positive factor: The decrease in Inferred resources is a positive signal for category upgrade to M&I or Reserves. - Negative factor: Inferred resources decreased by 72% to 1.061 million ounces. - Negative factor: The contained metal decreased by 72% from 3.774 million ounces to 1.061 million ounces. - Negative factor: The tonnage decreased by 60% from 7.106 million tonnes to 2.867 million tonnes. - Negative factor: The grade decreased by 30% from 16.52 g/t Au to 11.51 g/t Au. Evidence · table > 11.51 Context: 2,867 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Decline** Polarity: negative Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. Why it applies: 2867000 against 7106000 previously **Grade Decline** Polarity: negative Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: 11.51 against 16.52 previously **Contained Metal Decline** Polarity: negative Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. Why it applies: 1061000 against 3774000 previously ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-29) Magino · gold #### Identity - Project: Magino - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:4b2b3bd2e2adc5556cf6 #### Resource Data - Category: inferred - Tonnes: 14045000 - Grade: 0.75 - Grade Unit: g/t - Contained Metal: 338000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 40383000 - Prior Grade: 0.91 - Prior Contained Metal: 1177000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Magino's Inferred gold resources saw a substantial decrease in contained metal, tonnage, and grade, primarily due to successful conversion to higher confidence categories. - Positive factor: The decrease in Inferred resources is a positive signal for category upgrade to M&I or Reserves. - Negative factor: Inferred resources decreased by 71% to 0.338 million ounces. - Negative factor: The contained metal decreased by 71% from 1.177 million ounces to 0.338 million ounces. - Negative factor: The tonnage decreased by 65% from 40.383 million tonnes to 14.045 million tonnes. - Negative factor: The grade decreased by 18% from 0.91 g/t Au to 0.75 g/t Au. Evidence · table > 0.75 Context: 14,045 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Decline** Polarity: negative Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. Why it applies: 14045000 against 40383000 previously **Grade Decline** Polarity: negative Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: 0.75 against 0.91 previously **Contained Metal Decline** Polarity: negative Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. Why it applies: 338000 against 1177000 previously ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-30) Total Island Gold District · gold #### Identity - Project: Total Island Gold District - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:e3a7419ff93678b6ffc6 #### Resource Data - Category: inferred - Tonnes: 16912000 - Grade: 2.57 - Grade Unit: g/t - Contained Metal: 1398000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 47488000 - Prior Grade: 3.24 - Prior Contained Metal: 4950000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: The Total Island Gold District's Inferred gold resources saw a substantial decrease in contained metal, tonnage, and grade, primarily due to successful conversion to higher confidence categories. - Positive factor: The decrease in Inferred resources is a positive signal for category upgrade to M&I or Reserves. - Negative factor: Total Island Gold District Inferred resources decreased by 72% to 1.398 million ounces. - Negative factor: The contained metal decreased by 72% from 4.950 million ounces to 1.398 million ounces. - Negative factor: The tonnage decreased by 64% from 47.488 million tonnes to 16.912 million tonnes. - Negative factor: The grade decreased by 21% from 3.24 g/t Au to 2.57 g/t Au. Evidence · table > 2.57 Context: 16,912 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Decline** Polarity: negative Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. Why it applies: 16912000 against 47488000 previously **Grade Decline** Polarity: negative Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: 2.57 against 3.24 previously **Contained Metal Decline** Polarity: negative Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. Why it applies: 1398000 against 4950000 previously ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-31) Young-Davidson – Surface · gold #### Identity - Project: Young-Davidson – Surface - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:fde5447dfc86df095705 #### Resource Data - Category: inferred - Tonnes: 31000 - Grade: 0.99 - Grade Unit: g/t - Contained Metal: 1000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 31000 - Prior Grade: 0.99 - Prior Contained Metal: 1000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Young-Davidson Surface Inferred gold resources remained unchanged from the prior year, indicating stability. Evidence · table > 0.99 Context: 31 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-32) Young-Davidson – Underground · gold #### Identity - Project: Young-Davidson – Underground - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:2c20f5cceb7c99f36537 #### Resource Data - Category: inferred - Tonnes: 1382000 - Grade: 3.73 - Grade Unit: g/t - Contained Metal: 166000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 1880000 - Prior Grade: 3.25 - Prior Contained Metal: 197000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Young-Davidson Underground Inferred gold resources saw a decrease in contained metal and tonnage, likely due to conversion, despite a notable increase in grade. - Positive factor: The grade increased by 15% from 3.25 g/t Au to 3.73 g/t Au. - Negative factor: Inferred resources decreased by 16% to 0.166 million ounces. - Negative factor: The contained metal decreased by 16% from 0.197 million ounces to 0.166 million ounces. - Negative factor: The tonnage decreased by 26% from 1.880 million tonnes to 1.382 million tonnes. Evidence · table > 3.73 Context: 1,382 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Decline** Polarity: negative Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. Why it applies: 1382000 against 1880000 previously **Grade Improvement** Polarity: positive Definition: Average resource grade improved vs prior estimate — better deposit economics. Why it applies: 3.73 against 3.25 previously **Contained Metal Decline** Polarity: negative Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. Why it applies: 166000 against 197000 previously ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-33) Total Young-Davidson · gold #### Identity - Project: Total Young-Davidson - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:fa109525a9f450c3f481 #### Resource Data - Category: inferred - Tonnes: 1413000 - Grade: 3.67 - Grade Unit: g/t - Contained Metal: 167000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 1911000 - Prior Grade: 3.22 - Prior Contained Metal: 198000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Young-Davidson Inferred gold resources saw a decrease in contained metal and tonnage, likely due to conversion, despite a notable increase in grade. - Positive factor: The grade increased by 14% from 3.22 g/t Au to 3.67 g/t Au. - Negative factor: Total Young-Davidson Inferred resources decreased by 16% to 0.167 million ounces. - Negative factor: The contained metal decreased by 16% from 0.198 million ounces to 0.167 million ounces. - Negative factor: The tonnage decreased by 26% from 1.911 million tonnes to 1.413 million tonnes. Evidence · table > 3.67 Context: 1,413 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Decline** Polarity: negative Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. Why it applies: 1413000 against 1911000 previously **Grade Improvement** Polarity: positive Definition: Average resource grade improved vs prior estimate — better deposit economics. Why it applies: 3.67 against 3.22 previously **Contained Metal Decline** Polarity: negative Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. Why it applies: 167000 against 198000 previously ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-34) Golden Arrow · gold #### Identity - Project: Golden Arrow - Commodity: gold - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:92dfe3c18822ccdbe40a #### Resource Data - Category: inferred - Tonnes: 2028000 - Grade: 1.07 - Grade Unit: g/t - Contained Metal: 70000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 2028000 - Prior Grade: 1.07 - Prior Contained Metal: 70000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Golden Arrow Inferred gold resources remained unchanged from the prior year, indicating stability. Evidence · table > 1.07 Context: 2,028 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-35) Mulatos Mine · gold #### Identity - Project: Mulatos Mine - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:0054c9499c972d346842 #### Resource Data - Category: inferred - Tonnes: 761000 - Grade: 0.91 - Grade Unit: g/t - Contained Metal: 22000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 641000 - Prior Grade: 0.91 - Prior Contained Metal: 19000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Mulatos Mine Inferred gold resources showed moderate growth in contained metal and tonnage, with stable grades. - Positive factor: Inferred resources increased by 16% to 0.022 million ounces. - Positive factor: The contained metal increased by 16% from 0.019 million ounces to 0.022 million ounces. - Positive factor: The tonnage increased by 19% from 0.641 million tonnes to 0.761 million tonnes. - Positive factor: Grade remained stable with a minor decrease of 1% from 0.91 g/t Au to 0.91 g/t Au. Evidence · table > 0.91 Context: 761 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 761000 against 641000 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 22000 against 19000 previously ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-36) La Yaqui Grande · gold #### Identity - Project: La Yaqui Grande - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:12aa1ab35f91482f582b #### Resource Data - Category: inferred - Tonnes: 41000 - Grade: 2.17 - Grade Unit: g/t - Contained Metal: 3000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 74000 - Prior Grade: 1.74 - Prior Contained Metal: 4000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: La Yaqui Grande's Inferred gold resources saw a decrease in contained metal and tonnage, likely due to conversion, despite a notable increase in grade. - Positive factor: The grade increased by 25% from 1.74 g/t Au to 2.17 g/t Au. - Negative factor: Inferred resources decreased by 25% to 0.003 million ounces. - Negative factor: The contained metal decreased by 25% from 0.004 million ounces to 0.003 million ounces. - Negative factor: The tonnage decreased by 45% from 0.074 million tonnes to 0.041 million tonnes. Evidence · table > 2.17 Context: 41 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Decline** Polarity: negative Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. Why it applies: 41000 against 74000 previously **Grade Improvement** Polarity: positive Definition: Average resource grade improved vs prior estimate — better deposit economics. Why it applies: 2.17 against 1.74 previously **Contained Metal Decline** Polarity: negative Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. Why it applies: 3000 against 4000 previously ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-37) Puerto Del Aire · gold #### Identity - Project: Puerto Del Aire - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:03f6d111cc6976cb61f9 #### Resource Data - Category: inferred - Tonnes: 281000 - Grade: 4.07 - Grade Unit: g/t - Contained Metal: 37000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 281000 - Prior Grade: 4.07 - Prior Contained Metal: 37000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Puerto Del Aire Inferred gold resources remained unchanged from the prior year, indicating stability. Evidence · table > 4.07 Context: 281 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-38) Cerro Pelon · gold #### Identity - Project: Cerro Pelon - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:c6d310b79e14159d8459 #### Resource Data - Category: inferred - Tonnes: 83000 - Grade: 3.99 - Grade Unit: g/t - Contained Metal: 11000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Cerro Pelon's Inferred gold resources are reported for the first time or show significant growth, indicating new exploration success. - Positive factor: Cerro Pelon Inferred gold resources are newly reported or significantly increased, indicating new potential. Evidence · table > 3.99 Context: 83 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-39) Carricito · gold #### Identity - Project: Carricito - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:5bc4bc6e4566578d3cba #### Resource Data - Category: inferred - Tonnes: 1499000 - Grade: 0.6 - Grade Unit: g/t - Contained Metal: 29000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 900000 - Prior Grade: 0.74 - Prior Contained Metal: 22000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Carricito's Inferred gold resources showed moderate growth in contained metal and tonnage, despite a notable grade decrease. - Positive factor: Inferred resources increased by 32% to 0.029 million ounces. - Positive factor: The contained metal increased by 32% from 0.022 million ounces to 0.029 million ounces. - Positive factor: The tonnage increased by 67% from 0.900 million tonnes to 1.499 million tonnes. - Negative factor: The grade decreased by 18% from 0.74 g/t Au to 0.60 g/t Au. Evidence · table > 0.60 Context: 1,499 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 1499000 against 900000 previously **Grade Decline** Polarity: negative Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: 0.6 against 0.74 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 29000 against 22000 previously ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-40) Total Mulatos · gold #### Identity - Project: Total Mulatos - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:cee6f3426ce8ab78880f #### Resource Data - Category: inferred - Tonnes: 2665000 - Grade: 1.18 - Grade Unit: g/t - Contained Metal: 101000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 1896000 - Prior Grade: 1.34 - Prior Contained Metal: 82000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Mulatos Inferred gold resources showed moderate growth in contained metal and tonnage, despite a notable grade decrease. - Positive factor: Total Mulatos Inferred resources increased by 24% to 0.101 million ounces. - Positive factor: The contained metal increased by 24% from 0.082 million ounces to 0.101 million ounces. - Positive factor: The tonnage increased by 41% from 1.896 million tonnes to 2.665 million tonnes. - Negative factor: The grade decreased by 12% from 1.34 g/t Au to 1.18 g/t Au. Evidence · table > 1.18 Context: 2,665 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 2665000 against 1896000 previously **Grade Decline** Polarity: negative Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: 1.18 against 1.34 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 101000 against 82000 previously ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-41) Lynn Lake · gold #### Identity - Project: Lynn Lake - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:e0b82537f0778261eb2f #### Resource Data - Category: inferred - Tonnes: 11939000 - Grade: 0.8 - Grade Unit: g/t - Contained Metal: 308000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 5682000 - Prior Grade: 0.94 - Prior Contained Metal: 171000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Lynn Lake's Inferred gold resources showed strong growth, with an 80% increase in contained metal and 110% in tonnage, despite a notable grade decrease. - Positive factor: Inferred resources increased by 80% to 0.308 million ounces. - Positive factor: The contained metal increased by 80% from 0.171 million ounces to 0.308 million ounces. - Positive factor: The tonnage increased by 110% from 5.682 million tonnes to 11.939 million tonnes. - Negative factor: The grade decreased by 14% from 0.94 g/t Au to 0.80 g/t Au. Evidence · table > 0.80 Context: 11,939 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: 11939000 against 5682000 previously **Grade Decline** Polarity: negative Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: 0.8 against 0.94 previously **Contained Metal Growth** Polarity: positive Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes. Why it applies: 308000 against 171000 previously ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-42) Alamos – Total · gold #### Identity - Project: Alamos – Total - Commodity: gold - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:61f6f84e56fb0247ada2 #### Resource Data - Category: inferred - Tonnes: 34958000 - Grade: 1.82 - Grade Unit: g/t - Contained Metal: 2044000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 - Prior Tonnes: 59005000 - Prior Grade: 2.88 - Prior Contained Metal: 5471000 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Alamos Gold's total Inferred gold resources saw a substantial decrease in contained metal, tonnage, and grade, primarily due to successful conversion to higher confidence categories. - Positive factor: The decrease in Inferred resources is a positive signal for category upgrade to M&I or Reserves. - Negative factor: Total Inferred resources decreased by 63% to 2.044 million ounces. - Negative factor: The contained metal decreased by 63% from 5.471 million ounces to 2.044 million ounces. - Negative factor: The tonnage decreased by 41% from 59.005 million tonnes to 34.958 million tonnes. - Negative factor: The grade decreased by 37% from 2.88 g/t Au to 1.82 g/t Au. Evidence · table > 1.82 Context: 34,958 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Tonnage Decline** Polarity: negative Definition: Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down. Why it applies: 34958000 against 59005000 previously **Grade Decline** Polarity: negative Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling. Why it applies: 1.82 against 2.88 previously **Contained Metal Decline** Polarity: negative Definition: Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain. Why it applies: 2044000 against 5471000 previously ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-43) Island Gold · gold #### Identity - Project: Island Gold - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:390efd587a2e3b353a6c #### Resource Data - Category: proven - Tonnes: 1123000 - Grade: 11.5 - Grade Unit: g/t - Contained Metal: 415000 - Contained Unit: oz - Cutoff Grade: 3.78 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Island Gold's Proven gold reserves demonstrate high confidence with a substantial grade and contained metal, contributing positively to the overall reserve base. - Positive factor: High-grade Proven reserves of 11.50 g/t Au indicate strong confidence in the resource. - Positive factor: Significant contained metal of 0.415 million ounces in the highest confidence category. Evidence · table > 11.50 Context: 1,123 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-44) Island Gold · gold #### Identity - Project: Island Gold - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:2309d70d5a3e5b92c244 #### Resource Data - Category: probable - Tonnes: 13949000 - Grade: 10.54 - Grade Unit: g/t - Contained Metal: 4726000 - Contained Unit: oz - Cutoff Grade: 3.78 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Island Gold's Probable gold reserves are significant in both grade and contained metal, representing a strong foundation for future reserve growth and production. - Positive factor: High-grade Probable reserves of 10.54 g/t Au indicate strong potential for future conversion to Proven. - Positive factor: Substantial contained metal of 4.726 million ounces in the Probable category. Evidence · table > 10.54 Context: 13,949 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-45) Magino · gold #### Identity - Project: Magino - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:e6959c415184c67e17c9 #### Resource Data - Category: proven - Tonnes: 42437000 - Grade: 0.8 - Grade Unit: g/t - Contained Metal: 1097000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Magino's Proven gold reserves contribute substantially to the overall reserve base with a large tonnage and contained metal, indicating high confidence in this portion of the resource. - Positive factor: Significant contained metal of 1.097 million ounces in the Proven category. - Positive factor: Large tonnage of 42.437 million tonnes in the Proven category. Evidence · table > 0.80 Context: 42,437 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-46) Magino · gold #### Identity - Project: Magino - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:6d194a4ae79a053798ae #### Resource Data - Category: probable - Tonnes: 70704000 - Grade: 0.9 - Grade Unit: g/t - Contained Metal: 2044000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Magino's Probable gold reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production. - Positive factor: Significant contained metal of 2.044 million ounces in the Probable category. - Positive factor: Large tonnage of 70.704 million tonnes in the Probable category. Evidence · table > 0.90 Context: 70,704 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-47) Total Island Gold District · gold #### Identity - Project: Total Island Gold District - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:649e0a4b2c446ce16f63 #### Resource Data - Category: proven - Tonnes: 43559000 - Grade: 1.08 - Grade Unit: g/t - Contained Metal: 1512000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: The Total Island Gold District's Proven gold reserves are substantial, contributing significantly to the overall reserve base with high confidence. - Positive factor: Significant contained metal of 1.512 million ounces in the Proven category. - Positive factor: Large tonnage of 43.559 million tonnes in the Proven category. Evidence · table > 1.08 Context: 43,559 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-48) Total Island Gold District · gold #### Identity - Project: Total Island Gold District - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:54730535d85a166c95c4 #### Resource Data - Category: probable - Tonnes: 84653000 - Grade: 2.49 - Grade Unit: g/t - Contained Metal: 6769000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: The Total Island Gold District's Probable gold reserves are significant in both grade and contained metal, representing a strong foundation for future reserve growth and production. - Positive factor: High-grade Probable reserves of 2.49 g/t Au indicate strong potential for future conversion to Proven. - Positive factor: Substantial contained metal of 6.769 million ounces in the Probable category. - Positive factor: Large tonnage of 84.653 million tonnes in the Probable category. Evidence · table > 2.49 Context: 84,653 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-49) Young-Davidson · gold #### Identity - Project: Young-Davidson - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:4371cadbcd72d12e11db #### Resource Data - Category: proven - Tonnes: 12457000 - Grade: 2.18 - Grade Unit: g/t - Contained Metal: 873000 - Contained Unit: oz - Cutoff Grade: 1.57 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Young-Davidson's Proven gold reserves contribute substantially to the overall reserve base with a large tonnage and contained metal, indicating high confidence in this portion of the resource. - Positive factor: Significant contained metal of 0.873 million ounces in the Proven category. - Positive factor: Large tonnage of 12.457 million tonnes in the Proven category. Evidence · table > 2.18 Context: 12,457 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-50) Young-Davidson · gold #### Identity - Project: Young-Davidson - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:fc3160dca69a14221545 #### Resource Data - Category: probable - Tonnes: 29727000 - Grade: 2.21 - Grade Unit: g/t - Contained Metal: 2109000 - Contained Unit: oz - Cutoff Grade: 1.57 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Young-Davidson's Probable gold reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production. - Positive factor: Significant contained metal of 2.109 million ounces in the Probable category. - Positive factor: Large tonnage of 29.727 million tonnes in the Probable category. Evidence · table > 2.21 Context: 29,727 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-51) La Yaqui Grande · gold #### Identity - Project: La Yaqui Grande - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:c335f0fc9b5a730c17d3 #### Resource Data - Category: proven - Tonnes: 127000 - Grade: 0.9 - Grade Unit: g/t - Contained Metal: 4000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: La Yaqui Grande's Proven gold reserves are a minor component of the overall reserve base, indicating limited high-confidence material. - Positive factor: Contained metal of 0.004 million ounces in the Proven category. Evidence · table > 0.90 Context: 127 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-52) La Yaqui Grande · gold #### Identity - Project: La Yaqui Grande - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:9ea09602c1a17a7764d0 #### Resource Data - Category: probable - Tonnes: 3166000 - Grade: 1.37 - Grade Unit: g/t - Contained Metal: 139000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: La Yaqui Grande's Probable gold reserves contribute moderately to the overall reserve base, with a reasonable grade and contained metal, but the non-standard cut-off grade adds uncertainty. - Positive factor: Contained metal of 0.139 million ounces in the Probable category. - Positive factor: Tonnage of 3.166 million tonnes in the Probable category. - Negative factor: The reserve cut-off grade is determined as a 'net of process value' rather than a simple grade, which reduces transparency. Evidence · table > 1.37 Context: 3,166 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-53) Puerto Del Aire · gold #### Identity - Project: Puerto Del Aire - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:18b34ecd8f6f6af2fa35 #### Resource Data - Category: proven - Tonnes: 946000 - Grade: 4.78 - Grade Unit: g/t - Contained Metal: 145000 - Contained Unit: oz - Cutoff Grade: 3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Puerto Del Aire's Proven gold reserves demonstrate high confidence with a substantial grade and contained metal, contributing positively to the overall reserve base. - Positive factor: High-grade Proven reserves of 4.78 g/t Au indicate strong confidence in the resource. - Positive factor: Significant contained metal of 0.145 million ounces in the highest confidence category. Evidence · table > 4.78 Context: 946 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-54) Puerto Del Aire · gold #### Identity - Project: Puerto Del Aire - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:1812422fcb2b73a80125 #### Resource Data - Category: probable - Tonnes: 5104000 - Grade: 5.57 - Grade Unit: g/t - Contained Metal: 914000 - Contained Unit: oz - Cutoff Grade: 3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Puerto Del Aire's Probable gold reserves are significant in both grade and contained metal, representing a strong foundation for future reserve growth and production. - Positive factor: High-grade Probable reserves of 5.57 g/t Au indicate strong potential for future conversion to Proven. - Positive factor: Substantial contained metal of 0.914 million ounces in the Probable category. Evidence · table > 5.57 Context: 5,104 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-55) Total Mulatos · gold #### Identity - Project: Total Mulatos - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:fa25ab9e5cca992f4b2b #### Resource Data - Category: proven - Tonnes: 1073000 - Grade: 4.32 - Grade Unit: g/t - Contained Metal: 149000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Mulatos' Proven gold reserves demonstrate high confidence with a substantial grade and contained metal, contributing positively to the overall reserve base. - Positive factor: High-grade Proven reserves of 4.32 g/t Au indicate strong confidence in the resource. - Positive factor: Contained metal of 0.149 million ounces in the Proven category. Evidence · table > 4.32 Context: 1,073 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-56) Total Mulatos · gold #### Identity - Project: Total Mulatos - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:c89d1c761149592d155e #### Resource Data - Category: probable - Tonnes: 8270000 - Grade: 3.96 - Grade Unit: g/t - Contained Metal: 1054000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Mulatos' Probable gold reserves are significant in both grade and contained metal, representing a strong foundation for future reserve growth and production. - Positive factor: High-grade Probable reserves of 3.96 g/t Au indicate strong potential for future conversion to Proven. - Positive factor: Substantial contained metal of 1.054 million ounces in the Probable category. Evidence · table > 3.96 Context: 8,270 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-57) MacLellan · gold #### Identity - Project: MacLellan - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:97f19bf906852f8dc5dd #### Resource Data - Category: proven - Tonnes: 16840000 - Grade: 1.64 - Grade Unit: g/t - Contained Metal: 886000 - Contained Unit: oz - Cutoff Grade: 0.33 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: MacLellan's Proven gold reserves contribute substantially to the overall reserve base with a large tonnage and contained metal, indicating high confidence in this portion of the resource. - Positive factor: Significant contained metal of 0.886 million ounces in the Proven category. - Positive factor: Large tonnage of 16.840 million tonnes in the Proven category. Evidence · table > 1.64 Context: 16,840 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-58) MacLellan · gold #### Identity - Project: MacLellan - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:df180fbe90f28132e808 #### Resource Data - Category: probable - Tonnes: 24318000 - Grade: 1.08 - Grade Unit: g/t - Contained Metal: 846000 - Contained Unit: oz - Cutoff Grade: 0.33 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: MacLellan's Probable gold reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production. - Positive factor: Significant contained metal of 0.846 million ounces in the Probable category. - Positive factor: Large tonnage of 24.318 million tonnes in the Probable category. Evidence · table > 1.08 Context: 24,318 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-59) Gordon · gold #### Identity - Project: Gordon - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:fad0ee7ef8f1437e9f46 #### Resource Data - Category: proven - Tonnes: 4347000 - Grade: 2.29 - Grade Unit: g/t - Contained Metal: 320000 - Contained Unit: oz - Cutoff Grade: 0.45 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Gordon's Proven gold reserves contribute substantially to the overall reserve base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource. - Positive factor: Significant contained metal of 0.320 million ounces in the Proven category. - Positive factor: Tonnage of 4.347 million tonnes in the Proven category. Evidence · table > 2.29 Context: 4,347 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-60) Gordon · gold #### Identity - Project: Gordon - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:473306160384050823cb #### Resource Data - Category: probable - Tonnes: 6093000 - Grade: 1.83 - Grade Unit: g/t - Contained Metal: 359000 - Contained Unit: oz - Cutoff Grade: 0.45 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Gordon's Probable gold reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production. - Positive factor: Significant contained metal of 0.359 million ounces in the Probable category. - Positive factor: Tonnage of 6.093 million tonnes in the Probable category. Evidence · table > 1.83 Context: 6,093 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-61) Burnt Timber · gold #### Identity - Project: Burnt Timber - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:1362a075f8ee5c0e69ba #### Resource Data - Category: proven - Tonnes: 4201000 - Grade: 1.26 - Grade Unit: g/t - Contained Metal: 170000 - Contained Unit: oz - Cutoff Grade: 0.4 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Burnt Timber's Proven gold reserves contribute moderately to the overall reserve base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource. - Positive factor: Contained metal of 0.170 million ounces in the Proven category. - Positive factor: Tonnage of 4.201 million tonnes in the Proven category. Evidence · table > 1.26 Context: 4,201 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-62) Burnt Timber · gold #### Identity - Project: Burnt Timber - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:89e77d973945c9fe0e6a #### Resource Data - Category: probable - Tonnes: 9733000 - Grade: 0.89 - Grade Unit: g/t - Contained Metal: 278000 - Contained Unit: oz - Cutoff Grade: 0.4 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Burnt Timber's Probable gold reserves are substantial in tonnage and contained metal, indicating potential for future conversion to Proven reserves and long-term production. - Positive factor: Contained metal of 0.278 million ounces in the Probable category. - Positive factor: Tonnage of 9.733 million tonnes in the Probable category. Evidence · table > 0.89 Context: 9,733 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-63) Linkwood · gold #### Identity - Project: Linkwood - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:889a977a82854e9cf71b #### Resource Data - Category: proven - Tonnes: 1779000 - Grade: 0.9 - Grade Unit: g/t - Contained Metal: 51000 - Contained Unit: oz - Cutoff Grade: 0.4 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Linkwood's Proven gold reserves are a minor component of the overall reserve base, indicating limited high-confidence material. - Positive factor: Contained metal of 0.051 million ounces in the Proven category. - Positive factor: Tonnage of 1.779 million tonnes in the Proven category. Evidence · table > 0.90 Context: 1,779 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-64) Linkwood · gold #### Identity - Project: Linkwood - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:eb4056b616b653723f70 #### Resource Data - Category: probable - Tonnes: 18127000 - Grade: 0.9 - Grade Unit: g/t - Contained Metal: 525000 - Contained Unit: oz - Cutoff Grade: 0.4 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Linkwood's Probable gold reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production. - Positive factor: Significant contained metal of 0.525 million ounces in the Probable category. - Positive factor: Large tonnage of 18.127 million tonnes in the Probable category. Evidence · table > 0.90 Context: 18,127 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-65) Total Lynn Lake · gold #### Identity - Project: Total Lynn Lake - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:e6a06b63f395b641f5c4 #### Resource Data - Category: proven - Tonnes: 27167000 - Grade: 1.64 - Grade Unit: g/t - Contained Metal: 1428000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Lynn Lake's Proven gold reserves are substantial, contributing significantly to the overall reserve base with high confidence. - Positive factor: Significant contained metal of 1.428 million ounces in the Proven category. - Positive factor: Large tonnage of 27.167 million tonnes in the Proven category. Evidence · table > 1.64 Context: 27,167 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-66) Total Lynn Lake · gold #### Identity - Project: Total Lynn Lake - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:dce156efd5193acd4c2f #### Resource Data - Category: probable - Tonnes: 58271000 - Grade: 1.07 - Grade Unit: g/t - Contained Metal: 2008000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Lynn Lake's Probable gold reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production. - Positive factor: Significant contained metal of 2.008 million ounces in the Probable category. - Positive factor: Large tonnage of 58.271 million tonnes in the Probable category. Evidence · table > 1.07 Context: 58,271 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-67) Alamos - Total · gold #### Identity - Project: Alamos - Total - Commodity: gold - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:1f493222c5a6690939d2 #### Resource Data - Category: proven - Tonnes: 84256000 - Grade: 1.46 - Grade Unit: g/t - Contained Metal: 3963000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Alamos Gold's total Proven gold reserves are substantial, contributing significantly to the overall reserve base with high confidence. - Positive factor: Significant contained metal of 3.963 million ounces in the Proven category. - Positive factor: Large tonnage of 84.256 million tonnes in the Proven category. Evidence · table > 1.46 Context: 84,256 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-68) Alamos - Total · gold #### Identity - Project: Alamos - Total - Commodity: gold - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:8c1238098c7209aaa784 #### Resource Data - Category: probable - Tonnes: 180920000 - Grade: 2.05 - Grade Unit: g/t - Contained Metal: 11940000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Alamos Gold's total Probable gold reserves are significant in both grade and contained metal, representing a strong foundation for future reserve growth and production. - Positive factor: High-grade Probable reserves of 2.05 g/t Au indicate strong potential for future conversion to Proven. - Positive factor: Substantial contained metal of 11.940 million ounces in the Probable category. - Positive factor: Large tonnage of 180.920 million tonnes in the Probable category. Evidence · table > 2.05 Context: 180,920 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-69) La Yaqui Grande · silver #### Identity - Project: La Yaqui Grande - Commodity: silver - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:9ea09602c1a17a7764d0 #### Resource Data - Category: probable - Tonnes: 3166000 - Grade: 14.77 - Grade Unit: g/t - Contained Metal: 1503000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: La Yaqui Grande's Probable silver reserves contribute moderately to the overall reserve base, with a reasonable grade and contained metal. - Positive factor: Contained metal of 1.503 million ounces in the Probable category. - Positive factor: Tonnage of 3.166 million tonnes in the Probable category. Evidence · table > 14.77 Context: 3,166 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-70) Puerto Del Aire · silver #### Identity - Project: Puerto Del Aire - Commodity: silver - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:18b34ecd8f6f6af2fa35 #### Resource Data - Category: proven - Tonnes: 946000 - Grade: 13.31 - Grade Unit: g/t - Contained Metal: 405000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Puerto Del Aire's Proven silver reserves contribute substantially to the overall reserve base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource. - Positive factor: Contained metal of 0.405 million ounces in the Proven category. - Positive factor: Tonnage of 0.946 million tonnes in the Proven category. Evidence · table > 13.31 Context: 946 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-71) Puerto Del Aire · silver #### Identity - Project: Puerto Del Aire - Commodity: silver - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:1812422fcb2b73a80125 #### Resource Data - Category: probable - Tonnes: 5104000 - Grade: 6.6 - Grade Unit: g/t - Contained Metal: 1083000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Puerto Del Aire's Probable silver reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production. - Positive factor: Contained metal of 1.083 million ounces in the Probable category. - Positive factor: Tonnage of 5.104 million tonnes in the Probable category. Evidence · table > 6.60 Context: 5,104 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-72) MacLellan · silver #### Identity - Project: MacLellan - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:97f19bf906852f8dc5dd #### Resource Data - Category: proven - Tonnes: 16840000 - Grade: 5.25 - Grade Unit: g/t - Contained Metal: 2840000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: MacLellan's Proven silver reserves contribute substantially to the overall reserve base with a large tonnage and contained metal, indicating high confidence in this portion of the resource. - Positive factor: Significant contained metal of 2.840 million ounces in the Proven category. - Positive factor: Large tonnage of 16.840 million tonnes in the Proven category. Evidence · table > 5.25 Context: 16,840 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-73) MacLellan · silver #### Identity - Project: MacLellan - Commodity: silver - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:df180fbe90f28132e808 #### Resource Data - Category: probable - Tonnes: 24318000 - Grade: 3.48 - Grade Unit: g/t - Contained Metal: 2719000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: MacLellan's Probable silver reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production. - Positive factor: Significant contained metal of 2.719 million ounces in the Probable category. - Positive factor: Large tonnage of 24.318 million tonnes in the Probable category. Evidence · table > 3.48 Context: 24,318 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### proven [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-74) Alamos - Total · silver #### Identity - Project: Alamos - Total - Commodity: silver - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:818142a862ddf4923a44 #### Resource Data - Category: proven - Tonnes: 17786000 - Grade: 5.67 - Grade Unit: g/t - Contained Metal: 3245000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Alamos Gold's total Proven silver reserves are substantial, contributing significantly to the overall reserve base with high confidence. - Positive factor: Significant contained metal of 3.245 million ounces in the Proven category. - Positive factor: Large tonnage of 17.786 million tonnes in the Proven category. Evidence · table > 5.67 Context: 17,786 #### Tags used in scoring **Proven Reserve** Polarity: positive Definition: Measured Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "proven" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-75) Alamos - Total · silver #### Identity - Project: Alamos - Total - Commodity: silver - Ticker: AGI #### Resource scope - Estimate type: reserve - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:b988ab8f3e0c89ad5f27 #### Resource Data - Category: probable - Tonnes: 32587000 - Grade: 5.06 - Grade Unit: g/t - Contained Metal: 5304000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Alamos Gold's total Probable silver reserves are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Proven reserves and long-term production. - Positive factor: Significant contained metal of 5.304 million ounces in the Probable category. - Positive factor: Large tonnage of 32.587 million tonnes in the Probable category. Evidence · table > 5.06 Context: 32,587 #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-76) Island Gold · gold #### Identity - Project: Island Gold - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:4af892ec90138dc268da #### Resource Data - Category: measured - Tonnes: 329000 - Grade: 11.19 - Grade Unit: g/t - Contained Metal: 118000 - Contained Unit: oz - Cutoff Grade: 3.75 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Island Gold's Measured gold resources demonstrate high confidence with a substantial grade and contained metal, contributing positively to the overall resource base. - Positive factor: High-grade Measured resources of 11.19 g/t Au indicate strong confidence in the resource. - Positive factor: Contained metal of 0.118 million ounces in the highest confidence category. Evidence · table > 11.19 Context: 329 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-77) Island Gold · gold #### Identity - Project: Island Gold - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:2452467f1c4346ab9bcc #### Resource Data - Category: indicated - Tonnes: 1764000 - Grade: 8.32 - Grade Unit: g/t - Contained Metal: 472000 - Contained Unit: oz - Cutoff Grade: 3.75 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Island Gold's Indicated gold resources are significant in both grade and contained metal, representing a strong foundation for future resource growth and conversion. - Positive factor: High-grade Indicated resources of 8.32 g/t Au indicate strong potential for future conversion to Measured. - Positive factor: Substantial contained metal of 0.472 million ounces in the Indicated category. Evidence · table > 8.32 Context: 1,764 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-78) Magino · gold #### Identity - Project: Magino - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:f7fab8fd27199fcfbe18 #### Resource Data - Category: measured - Tonnes: 6714000 - Grade: 0.7 - Grade Unit: g/t - Contained Metal: 151000 - Contained Unit: oz - Cutoff Grade: 0.28 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Magino's Measured gold resources contribute substantially to the overall resource base with a large tonnage and contained metal, indicating high confidence in this portion of the resource. - Positive factor: Significant contained metal of 0.151 million ounces in the Measured category. - Positive factor: Large tonnage of 6.714 million tonnes in the Measured category. Evidence · table > 0.70 Context: 6,714 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-79) Magino · gold #### Identity - Project: Magino - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:41b41047503410fb053e #### Resource Data - Category: indicated - Tonnes: 50084000 - Grade: 0.8 - Grade Unit: g/t - Contained Metal: 1288000 - Contained Unit: oz - Cutoff Grade: 0.28 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Magino's Indicated gold resources are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Measured resources and reserves. - Positive factor: Significant contained metal of 1.288 million ounces in the Indicated category. - Positive factor: Large tonnage of 50.084 million tonnes in the Indicated category. Evidence · table > 0.80 Context: 50,084 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-80) Total Island Gold District · gold #### Identity - Project: Total Island Gold District - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:40e8184551ef8e9ef96a #### Resource Data - Category: measured - Tonnes: 7042000 - Grade: 1.19 - Grade Unit: g/t - Contained Metal: 270000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: The Total Island Gold District's Measured gold resources are substantial, contributing significantly to the overall resource base with high confidence. - Positive factor: Significant contained metal of 0.270 million ounces in the Measured category. - Positive factor: Large tonnage of 7.042 million tonnes in the Measured category. Evidence · table > 1.19 Context: 7,042 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-81) Total Island Gold District · gold #### Identity - Project: Total Island Gold District - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:4065c30fda9c25b796e9 #### Resource Data - Category: indicated - Tonnes: 51848000 - Grade: 1.06 - Grade Unit: g/t - Contained Metal: 1760000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: The Total Island Gold District's Indicated gold resources are substantial in both tonnage and contained metal, representing a strong foundation for future resource growth and conversion. - Positive factor: Significant contained metal of 1.760 million ounces in the Indicated category. - Positive factor: Large tonnage of 51.848 million tonnes in the Indicated category. Evidence · table > 1.06 Context: 51,848 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-82) Young-Davidson - Surface · gold #### Identity - Project: Young-Davidson - Surface - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:ad4b23223c854b534cb4 #### Resource Data - Category: measured - Tonnes: 496000 - Grade: 1.13 - Grade Unit: g/t - Contained Metal: 18000 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Young-Davidson Surface Measured gold resources are a minor component of the overall resource base, indicating limited high-confidence material. - Positive factor: Contained metal of 0.018 million ounces in the Measured category. - Positive factor: Tonnage of 0.496 million tonnes in the Measured category. Evidence · table > 1.13 Context: 496 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-83) Young-Davidson - Surface · gold #### Identity - Project: Young-Davidson - Surface - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:a124cc456bf35a925dda #### Resource Data - Category: indicated - Tonnes: 1242000 - Grade: 1.28 - Grade Unit: g/t - Contained Metal: 51000 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Young-Davidson Surface Indicated gold resources contribute moderately to the overall resource base, indicating potential for future conversion to Measured resources. - Positive factor: Contained metal of 0.051 million ounces in the Indicated category. - Positive factor: Tonnage of 1.242 million tonnes in the Indicated category. Evidence · table > 1.28 Context: 1,242 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-84) Young-Davidson - Underground · gold #### Identity - Project: Young-Davidson - Underground - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:638545fe16c576771efb #### Resource Data - Category: measured - Tonnes: 5417000 - Grade: 2.65 - Grade Unit: g/t - Contained Metal: 461000 - Contained Unit: oz - Cutoff Grade: 1.39 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Young-Davidson Underground Measured gold resources contribute substantially to the overall resource base with a large tonnage and contained metal, indicating high confidence in this portion of the resource. - Positive factor: Significant contained metal of 0.461 million ounces in the Measured category. - Positive factor: Large tonnage of 5.417 million tonnes in the Measured category. Evidence · table > 2.65 Context: 5,417 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-85) Young-Davidson - Underground · gold #### Identity - Project: Young-Davidson - Underground - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:d788afef26f96fc6c37d #### Resource Data - Category: indicated - Tonnes: 7553000 - Grade: 3.95 - Grade Unit: g/t - Contained Metal: 959000 - Contained Unit: oz - Cutoff Grade: 1.39 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Young-Davidson Underground Indicated gold resources are significant in both grade and contained metal, representing a strong foundation for future resource growth and conversion. - Positive factor: High-grade Indicated resources of 3.95 g/t Au indicate strong potential for future conversion to Measured. - Positive factor: Substantial contained metal of 0.959 million ounces in the Indicated category. Evidence · table > 3.95 Context: 7,553 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-86) Total Young-Davidson · gold #### Identity - Project: Total Young-Davidson - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:9cd3530e4809b553ee0b #### Resource Data - Category: measured - Tonnes: 5913000 - Grade: 2.52 - Grade Unit: g/t - Contained Metal: 479000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Young-Davidson's Measured gold resources contribute substantially to the overall resource base with a large tonnage and contained metal, indicating high confidence in this portion of the resource. - Positive factor: Significant contained metal of 0.479 million ounces in the Measured category. - Positive factor: Large tonnage of 5.913 million tonnes in the Measured category. Evidence · table > 2.52 Context: 5,913 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-87) Total Young-Davidson · gold #### Identity - Project: Total Young-Davidson - Commodity: gold - Region: canada\_on - Reported Region: northern Ontario, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:80d2211d7797b0003502 #### Resource Data - Category: indicated - Tonnes: 8795000 - Grade: 3.57 - Grade Unit: g/t - Contained Metal: 1010000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Young-Davidson's Indicated gold resources are significant in both grade and contained metal, representing a strong foundation for future resource growth and conversion. - Positive factor: High-grade Indicated resources of 3.57 g/t Au indicate strong potential for future conversion to Measured. - Positive factor: Substantial contained metal of 1.010 million ounces in the Indicated category. - Positive factor: Large tonnage of 8.795 million tonnes in the Indicated category. Evidence · table > 3.57 Context: 8,795 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-88) Golden Arrow · gold #### Identity - Project: Golden Arrow - Commodity: gold - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:ab50606c1f7f8edc6ac6 #### Resource Data - Category: measured - Tonnes: 3626000 - Grade: 1.26 - Grade Unit: g/t - Contained Metal: 147000 - Contained Unit: oz - Cutoff Grade: 0.64 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Golden Arrow's Measured gold resources contribute substantially to the overall resource base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource. - Positive factor: Contained metal of 0.147 million ounces in the Measured category. - Positive factor: Tonnage of 3.626 million tonnes in the Measured category. Evidence · table > 1.26 Context: 3,626 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-89) Golden Arrow · gold #### Identity - Project: Golden Arrow - Commodity: gold - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:0bfed564b9409b280009 #### Resource Data - Category: indicated - Tonnes: 2816000 - Grade: 1.09 - Grade Unit: g/t - Contained Metal: 99000 - Contained Unit: oz - Cutoff Grade: 0.64 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Golden Arrow's Indicated gold resources contribute moderately to the overall resource base, indicating potential for future conversion to Measured resources. - Positive factor: Contained metal of 0.099 million ounces in the Indicated category. - Positive factor: Tonnage of 2.816 million tonnes in the Indicated category. Evidence · table > 1.09 Context: 2,816 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-90) Mulatos Mine · gold #### Identity - Project: Mulatos Mine - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:f0da091c9be84738ad66 #### Resource Data - Category: measured - Tonnes: 864000 - Grade: 0.97 - Grade Unit: g/t - Contained Metal: 27000 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Mulatos Mine's Measured gold resources are a minor component of the overall resource base, indicating limited high-confidence material. - Positive factor: Contained metal of 0.027 million ounces in the Measured category. - Positive factor: Tonnage of 0.864 million tonnes in the Measured category. Evidence · table > 0.97 Context: 864 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-91) Mulatos Mine · gold #### Identity - Project: Mulatos Mine - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:ff0fd2a8020ce8f0329e #### Resource Data - Category: indicated - Tonnes: 7326000 - Grade: 0.96 - Grade Unit: g/t - Contained Metal: 225000 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Mulatos Mine's Indicated gold resources contribute moderately to the overall resource base, indicating potential for future conversion to Measured resources. - Positive factor: Contained metal of 0.225 million ounces in the Indicated category. - Positive factor: Tonnage of 7.326 million tonnes in the Indicated category. Evidence · table > 0.96 Context: 7,326 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-92) La Yaqui Grande · gold #### Identity - Project: La Yaqui Grande - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:3e2a2ea84c4b9d9379cd #### Resource Data - Category: indicated - Tonnes: 1462000 - Grade: 0.8 - Grade Unit: g/t - Contained Metal: 38000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: La Yaqui Grande's Indicated gold resources contribute moderately to the overall resource base, indicating potential for future conversion to Measured resources. - Positive factor: Contained metal of 0.038 million ounces in the Indicated category. - Positive factor: Tonnage of 1.462 million tonnes in the Indicated category. Evidence · table > 0.80 Context: 1,462 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-93) Puerto Del Aire · gold #### Identity - Project: Puerto Del Aire - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:475e00df02d480a91761 #### Resource Data - Category: measured - Tonnes: 364000 - Grade: 3.32 - Grade Unit: g/t - Contained Metal: 39000 - Contained Unit: oz - Cutoff Grade: 2.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Puerto Del Aire's Measured gold resources contribute substantially to the overall resource base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource. - Positive factor: Contained metal of 0.039 million ounces in the Measured category. - Positive factor: Tonnage of 0.364 million tonnes in the Measured category. Evidence · table > 3.32 Context: 364 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-94) Puerto Del Aire · gold #### Identity - Project: Puerto Del Aire - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:09e64bc4e388e6a99ac7 #### Resource Data - Category: indicated - Tonnes: 2039000 - Grade: 3.52 - Grade Unit: g/t - Contained Metal: 230000 - Contained Unit: oz - Cutoff Grade: 2.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Puerto Del Aire's Indicated gold resources are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Measured resources. - Positive factor: Significant contained metal of 0.230 million ounces in the Indicated category. - Positive factor: Tonnage of 2.039 million tonnes in the Indicated category. Evidence · table > 3.52 Context: 2,039 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-95) Cerro Pelon · gold #### Identity - Project: Cerro Pelon - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:472b9af5204b4f75fad8 #### Resource Data - Category: measured - Tonnes: 238000 - Grade: 4.91 - Grade Unit: g/t - Contained Metal: 38000 - Contained Unit: oz - Cutoff Grade: 2.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Cerro Pelon's Measured gold resources demonstrate high confidence with a substantial grade and contained metal, contributing positively to the overall resource base. - Positive factor: High-grade Measured resources of 4.91 g/t Au indicate strong confidence in the resource. - Positive factor: Contained metal of 0.038 million ounces in the highest confidence category. Evidence · table > 4.91 Context: 238 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-96) Cerro Pelon · gold #### Identity - Project: Cerro Pelon - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:8cde3856abe01eee7a49 #### Resource Data - Category: indicated - Tonnes: 1153000 - Grade: 0 - Grade Unit: g/t - Contained Metal: 154000 - Contained Unit: oz - Cutoff Grade: 2.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Cerro Pelon's Indicated gold resources show moderate contained metal and tonnage, but the reported zero grade requires further clarification for accurate assessment. - Positive factor: Contained metal of 0.154 million ounces in the Indicated category. - Positive factor: Tonnage of 1.153 million tonnes in the Indicated category. - Negative factor: The reported grade is 0.00 g/t Au, which is unusual for a gold resource and may indicate a data entry error or specific reporting convention. Evidence · table > 0.00 Context: 1,153 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-97) Carricito · gold #### Identity - Project: Carricito - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:008b091338f57d1c2abc #### Resource Data - Category: indicated - Tonnes: 3356000 - Grade: 0.75 - Grade Unit: g/t - Contained Metal: 80000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Carricito's Indicated gold resources contribute moderately to the overall resource base, indicating potential for future conversion to Measured resources. - Positive factor: Contained metal of 0.080 million ounces in the Indicated category. - Positive factor: Tonnage of 3.356 million tonnes in the Indicated category. Evidence · table > 0.75 Context: 3,356 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-98) Total Mulatos · gold #### Identity - Project: Total Mulatos - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:9b2448574eedaa81ce3e #### Resource Data - Category: measured - Tonnes: 1466000 - Grade: 2.2 - Grade Unit: g/t - Contained Metal: 103000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Mulatos' Measured gold resources contribute substantially to the overall resource base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource. - Positive factor: Contained metal of 0.103 million ounces in the Measured category. - Positive factor: Tonnage of 1.466 million tonnes in the Measured category. Evidence · table > 2.20 Context: 1,466 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-99) Total Mulatos · gold #### Identity - Project: Total Mulatos - Commodity: gold - Region: mexico - Reported Region: Sonora State, Mexico - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:cecd25e98485a7546fe4 #### Resource Data - Category: indicated - Tonnes: 15336000 - Grade: 1.48 - Grade Unit: g/t - Contained Metal: 727000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Mulatos' Indicated gold resources are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Measured resources. - Positive factor: Significant contained metal of 0.727 million ounces in the Indicated category. - Positive factor: Large tonnage of 15.336 million tonnes in the Indicated category. Evidence · table > 1.48 Context: 15,336 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-100) MacLellan · gold #### Identity - Project: MacLellan - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:dae3d658888925d0ec2d #### Resource Data - Category: measured - Tonnes: 892000 - Grade: 2.87 - Grade Unit: g/t - Contained Metal: 82000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: MacLellan's Measured gold resources contribute substantially to the overall resource base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource. - Positive factor: Contained metal of 0.082 million ounces in the Measured category. - Positive factor: Tonnage of 0.892 million tonnes in the Measured category. Evidence · table > 2.87 Context: 892 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-101) MacLellan · gold #### Identity - Project: MacLellan - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:db312da2d1e117920bb3 #### Resource Data - Category: indicated - Tonnes: 7331000 - Grade: 1.43 - Grade Unit: g/t - Contained Metal: 337000 - Contained Unit: oz - Cutoff Grade: 0.3 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: MacLellan's Indicated gold resources are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Measured resources. - Positive factor: Significant contained metal of 0.337 million ounces in the Indicated category. - Positive factor: Large tonnage of 7.331 million tonnes in the Indicated category. Evidence · table > 1.43 Context: 7,331 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-102) Gordon · gold #### Identity - Project: Gordon - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:2b705076079155429d9f #### Resource Data - Category: measured - Tonnes: 104000 - Grade: 5.55 - Grade Unit: g/t - Contained Metal: 19000 - Contained Unit: oz - Cutoff Grade: 0.41 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Gordon's Measured gold resources demonstrate high confidence with a substantial grade and contained metal, contributing positively to the overall resource base. - Positive factor: High-grade Measured resources of 5.55 g/t Au indicate strong confidence in the resource. - Positive factor: Contained metal of 0.019 million ounces in the highest confidence category. Evidence · table > 5.55 Context: 104 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-103) Gordon · gold #### Identity - Project: Gordon - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:4b436cf7aa81147dfcef #### Resource Data - Category: indicated - Tonnes: 1148000 - Grade: 2.36 - Grade Unit: g/t - Contained Metal: 87000 - Contained Unit: oz - Cutoff Grade: 0.41 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Gordon's Indicated gold resources are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Measured resources. - Positive factor: Significant contained metal of 0.087 million ounces in the Indicated category. - Positive factor: Tonnage of 1.148 million tonnes in the Indicated category. Evidence · table > 2.36 Context: 1,148 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-104) Burnt Timber · gold #### Identity - Project: Burnt Timber - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:6b15bcd48a72582c1166 #### Resource Data - Category: measured - Tonnes: 531000 - Grade: 1.62 - Grade Unit: g/t - Contained Metal: 28000 - Contained Unit: oz - Cutoff Grade: 0.36 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Burnt Timber's Measured gold resources are a minor component of the overall resource base, indicating limited high-confidence material. - Positive factor: Contained metal of 0.028 million ounces in the Measured category. - Positive factor: Tonnage of 0.531 million tonnes in the Measured category. Evidence · table > 1.62 Context: 531 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-105) Burnt Timber · gold #### Identity - Project: Burnt Timber - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:27562852cf1d595a1f85 #### Resource Data - Category: indicated - Tonnes: 6497000 - Grade: 0.87 - Grade Unit: g/t - Contained Metal: 181000 - Contained Unit: oz - Cutoff Grade: 0.36 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Burnt Timber's Indicated gold resources contribute moderately to the overall resource base, indicating potential for future conversion to Measured resources. - Positive factor: Contained metal of 0.181 million ounces in the Indicated category. - Positive factor: Tonnage of 6.497 million tonnes in the Indicated category. Evidence · table > 0.87 Context: 6,497 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-106) Linkwood · gold #### Identity - Project: Linkwood - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:ef3530d465d76b8878e5 #### Resource Data - Category: measured - Tonnes: 208000 - Grade: 1 - Grade Unit: g/t - Contained Metal: 7000 - Contained Unit: oz - Cutoff Grade: 0.36 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Linkwood's Measured gold resources are a minor component of the overall resource base, indicating limited high-confidence material. - Positive factor: Contained metal of 0.007 million ounces in the Measured category. - Positive factor: Tonnage of 0.208 million tonnes in the Measured category. Evidence · table > 1.00 Context: 208 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-107) Linkwood · gold #### Identity - Project: Linkwood - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:c43a8320c12b8f79b59e #### Resource Data - Category: indicated - Tonnes: 5024000 - Grade: 0.9 - Grade Unit: g/t - Contained Metal: 145000 - Contained Unit: oz - Cutoff Grade: 0.36 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Linkwood's Indicated gold resources contribute moderately to the overall resource base, indicating potential for future conversion to Measured resources. - Positive factor: Contained metal of 0.145 million ounces in the Indicated category. - Positive factor: Tonnage of 5.024 million tonnes in the Indicated category. Evidence · table > 0.90 Context: 5,024 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-108) Total Lynn Lake · gold #### Identity - Project: Total Lynn Lake - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:c10090e5ab2df114f597 #### Resource Data - Category: measured - Tonnes: 1735000 - Grade: 2.42 - Grade Unit: g/t - Contained Metal: 135000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Lynn Lake's Measured gold resources contribute substantially to the overall resource base with a reasonable tonnage and contained metal, indicating high confidence in this portion of the resource. - Positive factor: Contained metal of 0.135 million ounces in the Measured category. - Positive factor: Tonnage of 1.735 million tonnes in the Measured category. Evidence · table > 2.42 Context: 1,735 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/alamos-gold-reports-mineral-reserves-and-resources-for-the-year-ended-2025--83de3428-697a-4a29-af40-014831c9e3f4#fact-resource-facts-109) Total Lynn Lake · gold #### Identity - Project: Total Lynn Lake - Commodity: gold - Region: canada\_mb - Reported Region: Manitoba, Canada - Ticker: AGI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jeffrey Volk, CPG, FAusIMM, Tyler Poulin, P.Geo, Marc Jutras, P.Eng, Chris Bostwick, FAusIMM, Francis McCann, P.Eng, Nathan Bourgeault, P.Eng, Herb Welhener, SME-QP - Resource group id: resource:d423e8c1a3ab30ab185a #### Resource Data - Category: indicated - Tonnes: 20000000 - Grade: 1.17 - Grade Unit: g/t - Contained Metal: 750000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2025-12-31 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-02-17T00:00:00.000Z Reasoning: Total Lynn Lake's Indicated gold resources are substantial in both tonnage and contained metal, indicating strong potential for future conversion to Measured resources. - Positive factor: Significant contained metal of 0.750 million ounces in the Indicated category. - Positive factor: Large tonnage of 20.000 million tonnes in the Indicated category. Evidence · table > 1.17 Context: 20,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.