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Alamos Grants Incentive Stock Options

12/9/2003


Vancouver, B.C., Alamos Gold Inc. announces the grant of incentive stock options to directors, officers and consultants under its stock Option Plan to purchase up to a total of 903,500 common shares in the capital of the Company. The options are exercisable at a price of $2.50 per share for a five-year period.

ON BEHALF OF THE BOARD

/s/ John A. McCluskey

John A. McCluskey
President and Chief Executive Officer

For further information, please contact:
John A. McCluskey
President and Chief Executive Officer
Tel: 416-925-4880
Fax: 416-925-2264
Email: john.mccluskey@sympatico.ca
Website: www.alamosgold.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Safe Harbor Statement under the United States Private Securities Litigation Act of 1995: Statement in this release that are forward-looking, including statements relating to the future recovery of the Mulatos Project, are subject to various risks and uncertainties concerning the specific factors identified about in the Company's periodic filings with the Ontario Securities Commission and the U. S. Securities Exchange Commission. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not intend to update this information and disclaims any legal liability to the contrary.