MINERA ALAMOS Business Summary

Minera Alamos Inc. (MAIFF) is a North American gold producer and developer that generates revenue through the extraction and sale of gold bullion, primarily utilizing low-capital-expenditure open-pit heap leach operations. The company’s business is segmented into active production and a multi-stage development pipeline across the United States and Mexico. Its primary revenue driver is the recently integrated Pan Operating Complex in Nevada, supplemented by the Santana mine in Sonora, Mexico. The development segment includes the fully permitted Gold Rock project (Nevada), the Copperstone mine (Arizona), and the Cerro de Oro and La Fortuna projects in Mexico. Minera Alamos distinguishes itself as a high-margin, low-capex junior producer, positioning it as a more agile and cost-efficient alternative to intermediate peers like Contango Ore, Inc., Luca Mining Corp., and Prime Mining Corp. The leadership team is anchored by CEO Darren Koningen, a professional engineer with over 25 years of experience who previously co-founded Castle Gold Corp. and led the development of the El Castillo mine. He is supported by Chairman Jason Kosec, who joined in late 2025 to spearhead strategic growth, and Executive Vice President Darren Blasutti, a former Barrick Gold senior executive with a deep pedigree in M&A. The core operational group, including COO Federico Alvarez and CFO Janet O’Donnell, has worked together for over a decade, having successfully transitioned multiple Mexican gold mines into production. The company maintains strong institutional backing, most notably from Osisko Gold Royalties, which remains a significant strategic investor and stakeholder.