# Minera Alamos Reports First Quarter 2026 Results, Setting Quarterly Records for Revenue of US$39.2 Million, Earnings of US$10.9 Million, and EBITDA of US$15.3 Million

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/minera-alamos-reports-first-quarter-2026-results-setting-quarterly-records-for-r--09a29a96-2173-4221-8390-2ed8ef420172

Original source: https://money.tmx.com/en/quote/MAI/news/4622341225559141/minera-alamos-reports-first-quarter-2026-results-setting-quarterly-records-for-r

Publisher: tmx

Original announcement: 2026-05-25T20:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Minera Alamos Inc.

- Ticker: MAI

- Exchange: TSX

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Production, Drill results

- Extracted: 2026-09-14 10:43:59 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Minera Alamos reported record Q1 2026 results with revenue of US$39.2 million and EBITDA of US$15.3 million. Gold production reached 8,734 ounces with costs coming in below the lower end of annual guidance ranges.

Reasoning: The company reported record-breaking quarterly financial results and operating costs that significantly outperformed their own annual guidance.

- Positive factor: Record revenue, earnings, and EBITDA

- Positive factor: Costs \(Cash and AISC\) below annual guidance ranges

- Positive factor: Strong gold realized price of $4,287/oz

- Negative factor: Modest decrease in mined grade due to new mine plan pushbacks

- Negative factor: Higher diesel prices noted

Facts used in scoring: 2

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Story-specific tag

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The technical report mentioned in the highlights was reviewed and approved by a Qualified Person \(Darren Koningen, P.Eng\).

Evidence · text

> The scientific and technical information contained in this news release has been reviewed and approved by Mr. Darren Koningen, P.Eng., the Company's President & COO, who is the Qualified Person under National Instrument 43-101.

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/minera-alamos-reports-first-quarter-2026-results-setting-quarterly-records-for-r--09a29a96-2173-4221-8390-2ed8ef420172#fact-drill-facts-0)

Pan mine · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Pan mine
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: MAI

#### Geometry

- Grade: 0.274
- Grade Unit: g/t
- Intercept: 1200000 m

#### Classification

- Sample Type: drill

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-05-25T00:00:00.000Z

Reasoning: The reported grade of 0.274 g/t is part of the operational summary for ore tonnes mined.

- Negative factor: Mined grade decreased due to new mine plan pushbacks

Evidence · text

> 1.2 million ore tonnes at a grade of 0.274 g/t and containing 10,432 ounces of gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**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

## 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.