Mr. Darren Koningen reports

MINERA ALAMOS ANNOUNCES COMPLETION OF SURFACE RIGHTS AGREEMENT FOR LA FORTUNA GOLD PROJECT -- MOVES FORWARD WITH MINING PERMIT APPLICATIONS

Minera Alamos Inc., after successful negotiations with community representatives, has finalized a surface-use agreement at the La Fortuna site in Durango, Mexico. With the completion of these surface rights negotiations, the company can now proceed to submit the concurrently prepared mining permit applications.

"Over the past year, we have been able to establish constructive working relationships with the members of the local community. The finalization of this agreement marks a major milestone in the development of the La Fortuna project, and we look forward to a mutually beneficial relationship with the local stakeholders," said Darren Koningen, president of Minera Alamos.

Highlights:

• The company has been holding talks with landowners, hosting community meetings and negotiating with various stakeholders with the goal of receiving local support for a land-access agreement for the La Fortuna project. This process culminated in a recent community vote, which unanimously supported the development of the project within the La Fortuna concessions area.
• The completion of the surface rights agreement represents the final outstanding requirement for the two main development permits -- environmental impact statement (manifestacion de impacto ambriental) and environmental risk study (estudio de riesgo ambiental). Both applications can now be filed following preparation of final surface agreement documentation. Upon review and final acceptance, permits will be granted, allowing for the commencement of mine construction.
• The company has secured surface access to a 235-hectare area that encompasses the envisioned mine pit, processing facility and all other necessary infrastructure to begin mining. The surface rights agreements also provide access to a substantial surrounding land package. Further exploration will be undertaken with the objective of expanding the project's size.
• A recently planned exploration program on the property will now be initiated and will include exploration drilling once groundwork has been completed. Several prospective drill targets have already been identified, including the potential south extension of the existing Fortuna Main zone and the highly prospective large shear zone located north of the Main zone referred to as the PN area.
• The agreement covers a period of up to 25 years, during which time the company will be required to pay annual rental payments while operating activities are continuing. If deemed appropriate, an option to purchase the land outright will be considered by the company.

About Minera Alamos Inc.

Minera Alamos's growing portfolio of high-grade Mexican projects includes the La Fortuna open-pit gold project in Durango and the Los Verdes open-pit copper-molybdenum project in Sonora, both currently in development.

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