Minera Alamos: A New Era of Growth with Sabre Gold Acquisition

Minera Alamos Inc. (TSXV: MAI) has announced the closing of its acquisition of Sabre Gold Mines Corp. (TSX: SGLD), marking a significant milestone in the company's growth strategy. The acquisition of Sabre Gold, which owns the past-producing Copperstone gold mine in Arizona, USA, creates a diversified North American gold producer with potential for 150,000 oz of annual gold production. This strategic move aligns with Minera Alamos' long-term growth objectives and offers several synergies that strengthen its position in the mining sector.

The Copperstone mine, which previously produced 514,000 oz of gold from 1987 to 1993, is at an advanced stage of permitting for a near-term mine restart. Along with existing infrastructure, the project contains significant additional resource ounces, providing Minera Alamos with a solid foundation for growth. The acquisition is supported by Sabre creditors, who have agreed to settle approximately $9.4 million of existing debt at a 15% discount to face value, further enhancing Minera Alamos' financial health.

Minera Alamos' in-house mine-building expertise and previously acquired process plant equipment will allow for significant reductions in capital costs and operation restart times, expediting Copperstone's return to production. This acquisition not only adds a high-quality asset to Minera Alamos' portfolio but also expands its jurisdictional diversification by entering the United States mining market. This move reduces the company's exposure to political, economic, and regulatory risks associated with a single jurisdiction, providing a more stable and predictable operating environment.

The addition of the Copperstone mine to Minera Alamos' portfolio approximately triples its total gold resource inventory, with a 35% increase to almost 1,900,000 ounces, and a 60% increase in estimated Measured and Indicated resources. This growth in resource inventory, combined with the company's existing late-stage development assets and the Santana gold mine, positions Minera Alamos as a strong player in the North American gold mining landscape.




In conclusion, the acquisition of Sabre Gold and its Copperstone project aligns perfectly with Minera Alamos' long-term growth strategy, offering key synergies such as jurisdictional diversification, resource inventory increase, accelerated production timeline, and debt reduction. This strategic move positions Minera Alamos as a strong player in the North American gold mining sector, with a diversified portfolio and a solid foundation for future growth.