Toronto, Ontario--(Newsfile Corp. - May 3, 2024) - Minera Alamos Inc. (TSXV: MAI) (the "Company" or "Minera Alamos", "Minera") is pleased to provide an update on its Cobre 4H Mexican subsidiary. In light of the limited information contained in recent Minera filings regarding its existing copper assets, the Company believes it is useful to provide some additional information on the Los Verdes and Potreritos projects which were owned by Virgin Metals prior to the company being restructured as Minera Alamos. These projects remain key components of the Company's plan to develop an independent copper entity in due course.

"While there have been obvious changes in costs since the Los Verdes PEA report was published this has been accompanied by recent strengthening of metal prices. The current environment provides an ideal opportunity to revisit the development of a potential copper production "hub" in southern Sonora where there exist a number of known but undeveloped copper deposits," stated Darren Koningen, CEO of Minera Alamos. see & read more on
https://www.newsfilecorp.com/release/207877/