Alamos Gold Reports 32% Increase in Proven and Probable Mineral Reserves to 15.9 Million Ounces of Gold, Driven by Successful Conversion of Island Gold District Mineral Resources
ByAinvest
Tuesday, Feb 17, 2026 5:02 pm ET1min read
AGI--
Alamos Gold reports a 32% increase in global Proven and Probable Mineral Reserves to 15.9 million ounces of gold, driven by successful conversions of Mineral Resource bases into Mineral Reserves at Island Gold and Magino. Global Measured and Indicated Mineral Resources increased 6% to 5.5 million ounces of gold, while Inferred Mineral Resources decreased 63% to 2.0 million ounces of gold. The company has a record exploration budget of $97 million in 2026, up 37% from 2025.
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