Allied Gold Corp. Announces Ore Processing Commencement at Sadiola and Phase 2 Expansion Update

Allied Gold Corp. has commenced ore processing through the Phase 1 expansion at its Sadiola mine, a significant milestone in its growth strategy. This expansion aims to increase production, reduce costs, and improve cash flows by enabling a higher proportion of fresh ore in the feed, increasing throughput to 5.7Mt per annum. The first quarter of 2026 is expected to see the full benefit of this higher-grade fresh ore. The company is also advancing Phase 2 expansion plans, including the installation of a pre-leach thickener in 2026 and upgrades to processing plant control systems, with a focus on a capital-efficient, modular approach. Sadiola is projected to produce 200,000 to 230,000 gold ounces annually starting in 2026, a 17-30% increase over 2023. The Phase 2 expansion, expected by 2029, aims for further production increases. In Q4 2025, Sadiola is expected to produce approximately 60,000 gold ounces, and overall company production is projected to exceed 113,000 gold ounces, with full-year guidance maintained at over 375,000 gold ounces.