Alamos has 100% ownership of the Salamandra group of concessions, which includes the Mulatos gold deposit, one of the largest gold resources in Mexico.

The Salamandra District consists of 213 square kilometers of mining concessions near the town of Mulatos, in Sonora, Mexico. It is 300 air kilometers south of the border with the United States. Elevation ranges from 950 meters to 2,100 meters above the sea level.

There are several extensions of mineralization and satellite deposits near the Estrella Pit, including the Southeast Extension, Puerto del Aire, Mina Vieja, Escondida, Gap, El Victor and San Carlos areas. An Advanced Exploration Program, to develop additional resources for inclusion into an extension of the Estrella Pit is in progress.

Alamos’ Regional Exploration Program is focused on other areas held within the Salamandra group of concessions that are not directly connected to the Estrella Pit, with good potential for additional discoveries. These areas are: Realito, Los Bajios, El Halcon, La Dura, El Jaspe, Cerro Pelon, La Yaqui, Carboneras and El Carricito.