Alio Gold is a Canadian gold mining company engaged in production, development and exploration in Mexico. Its principal assets include the producing San Francisco gold mine in Sonora, Mexico and the development-stage Ana Paula gold project in Guerrero, Mexico. Production guidance for the San Francisco Mine is 86,000 - 92,000 ounces gold in 2017 and an average of 103,000 ounces gold per year from 2018-2023 at an average cash cost of US$900/oz gold over the life of mine.
At Ana Paula, a pre-feasibility study released in May 2017 outlined robust economics for an open pit operation, providing the basis to move forward with a definitive feasibility study and investment decision in Q2 2018. The estimated Measured & Indicated Resources at Ana Paula are 1.5 M oz gold including 1.0 M oz gold in the Proven and Probable Reserve category.
Alio Gold‘s portfolio includes several exploration properties, including the Ejutla silver-gold project located in Oaxaca State, Mexico. Low-sulphidation epithermal mineralization at Ejutla will be the focus of the Company’s exploration.