Mr. Chris Frostad reports

MINERA ALAMOS INC. INITIATES DRILLING ON HISTORIC NORTH DEPOSIT

Minera Alamos Inc. has commenced drilling on the North deposit of its 100-per-cent-owned Los Verdes project in Sonora, Mexico. The company purchased the North deposit (formerly Potreritos) in late 2011 from the General Mines Direction of Mexico in order to extend the mine life of the Los Verdes project.

"The North deposit contains a sizable historic estimate as well as significant room for expansion which fits perfectly with the company's goal of creating a long-life regional processing facility, capable of processing mineralization from multiple deposits," said Darren Koningen, president, Minera Alamos. "At this time we intend to complete approximately 1,400 metres of drilling in order to update the historic resource to National Instrument 43-101-compliant standards and allow for consideration of its inclusion in the upcoming preliminary economic assessment planned for late this year."

Following the evaluation of the current phase of drilling, the company intends to prepare a second phase aimed at expanding the North deposit resource potential. Maps of the project as well as the SGM report (preliminary evaluation of Potreritos project) can be found on the company's website.

Los Verdes North deposit

The North deposit at Los Verdes is located approximately eight kilometres northeast of the South deposit within the municipality of Yecora, a region with a mining history that dates back to the Mexican revolution. The local communities of Santa Ana and Santa Rosa have long mined tungsten, molybdenum and copper throughout the area.

The 1,070-hectare Los Verdes North property contains two historic mines (Buenavista and La Providencia) which were in operation from 1960 through to the late 1970s. Although there are no records available as to the amount of production during that time, the remnants of the flotation mill, with its tailings, remain on-site. During this operating period, supplemental feed material from the Los Verdes South deposit was transported north to be processed at the same facility.

In 2008, the Servicio Geologico Mexicano (SGM) completed an exploration program tasked with estimating the resources at the North deposit and evaluating the property's additional potential. That work resulted in historical indicated mineral resources of 1,384,000 tonnes at a copper grade of 0.47 per cent and a molybdenum grade of 0.12 per cent, as well as historical inferred mineral resources of 822,000 tonnes at a grade of 0.22 per cent copper and 0.033 per cent molybdenum.

In addition to the historic mining areas, the Minera Alamos North deposit property contains a number of additional largely unexplored prospects identified by SGM with significant geophysical and geochemical anomalies characteristic of local copper/molybdenum deposits. The company plans to perform further evaluations of these areas following the completion of the North deposit drilling programs.

Darren Koningen, PEng, Minera Alamos's president, is the qualified person responsible for technical content of this release. Mr. Koningen has supervised the preparation of and approved the scientific and technical disclosures utilized in this news release.