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Alamos Gold Announces Appointment of New Chief Financial Officer

2/12/2004

Vancouver, B.C., Alamos Gold Inc. announces the appointment of Jon Morda, C.A., as the new Chief Financial Officer of the Company. Mr. Morda is a financial executive, experienced in areas of corporate financing, treasury, accounting and taxation functions. He obtained his B.A. (Economics and Accounting) in 1975 from the University of Toronto, and became a Member of the Institute of Chartered Accountants of Ontario in 1980. Mr. Morda began his career in the mining sector in 1986 as Supervisor, Taxation with Dome Mines Ltd. Mr. Morda has been associated with mining exploration and development companies active in Mexico since 1995.

Alamos Gold also announces the grant of options to purchase up to a total of 110,000 shares in the capital of the Company at a price of $2.75 per share commensurate with the aforementioned appointment. The options are exercisable for a five year period, and are granted pursuant to Alamos' 2003 Stock Option Plan.

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.