Scott Parsons
Director Exploration – Canada,Alamos Gold Inc.

Alamos Gold – Lynn Lake Project, Manitoba and Island Gold Phase 3+ Project, Ontario

Alamos Gold released the results of a positive feasibility study on the Lynn Lake Gold Project in northwestern Manitoba in 2017 outlining an initial Mineral Reserve of 26.8 million tonnes grading 1.89 g/t gold, containing 1.6 million ounces of gold.  Since then, Mineral Reserves have increased to 36.5 million tonnes grading 1.75 g/t gold, containing  2.1 million ounces of gold.  In addition to the Reserves at the Gordon and MacLellan deposits, Alamos has been actively exploring more than 55,000 hectares of mineral tenure within the highly-prospective, under-explored Lynn Lake Greenstone Belt in Manitoba.  The Lynn Lake Gold Project is an important part of Alamos’ long-term growth strategy, with the capacity to increase Alamos’ overall annual production to approximately 800,000 ounces per year, and will be a driver of positive economic investment in Northern Manitoba.

In November of 2017, Alamos acquired Richmont Mines’ Island Gold Mine.  By the end of 2021, Alamos added over three million ounces of gold across all Mineral Reserve and Resource categories, net of mining depletion. Based on this significant increase in Mineral Reserves and Resources, Alamos announced the Phase 3+ expansion project in June 2022, which will transform Island Gold into a larger, more profitable operation, with annual average gold production of 287k oz, industry low all-in sustaining costs of $576/oz, and a Net Present Value of $2.0B at $1850/oz gold.

 

 

Scott R.G. Parsons joined Alamos in 2018 and was appointed Vice President, Exploration in 2020. Prior to joining Alamos, he was Manager of Regional Exploration and Geoscience at TMAC Resources where he was responsible for resource expansion and regional exploration of the Hope Bay Project in Nunavut. Previously, Mr. Parsons served as Vice President, Corporate Development at Northern Superior Resources Inc., and as Exploration Geologist and later Project Geologist, Resource Development & Long-Range Planning at BHP Billiton. He holds a Bachelor of Science in Geology and a Master of Science in Geology from the University of Western Ontario, and a Master of Business Administration from Athabasca University. Mr. Parsons is a registered Professional Geoscientist in Ontario and Manitoba, and a Fellow of the Australasian Institute of Mining and Metallurgy.  Mr. Parsons is a member of the PDAC Board of Directors, and Co-Chair of the PDAC Lands and Regulations Committee.