Day: April 24, 2019

Minera Alamos Inc. is pleased to announced that it has entered into a binding letter agreement with ePower Metals Inc. dated April 22nd, 2019 that outlines the terms and conditions upon which Minera Alamos will assign its option rights to acquire the Guadalupe de los Reyes gold property in exchange for approximately 19.8% of the outstanding ePower common shares and certain other rights related to the development of Los Reyes. Minera Alamos currently has the right to acquire a 100% interest in Los Reyes pursuant to an option agreement entered into with Vista Gold Corp.

These four holes focused on following the high grade ore shoot down dip below the historical RC drilling. We were pleased to see the results showing high grade ore which exceeded our expectations. Furthermore, our team is defining the extension of the mineralization along strike southeast of the old workings towards the prospect known as Cerro Colorado where we have completed a number of trenches across the zone, and expect to have the results in short order, stated Brad Langille, President and CEO.