NI 43-101 F1 TECHNICAL REPORT UPDATED RESOURCES AND RESERVES AND MINE PLAN FOR THE SAN FRANCISCO GOLD PROJECT SONORA, MEXICO

NI 43-101 F1 TECHNICAL REPORT UPDATED RESOURCES AND RESERVES AND MINE PLAN FOR THE SAN FRANCISCO GOLD PROJECT SONORA, MEXICO

The most recent Technical Report for ALO was entitled “NI 43-101 F1 Technical
Report, Updated Resources and Reserves and Mine Plan for the San Francisco Gold Mine,
Sonora, Mexico”, dated September 30, 2016 (amended November 25, 2016). That Technical
Report was filed by ALO on the System for Electronic Document Analysis and Retrieval
(SEDAR, www.sedar.com). Micon and Independent Mining Consultants, Inc. have written
nine prior reports on the San Francisco Project for ALO since 2005

Hester, M., (2007), San Francisco Mineral Resource, Memo prepared for Timmins Gold
Corporation by Independent Mining Consultants Inc., 11 p.

Lewis, W.J. and Hester, M.G. (2007), NI 43-101 Technical Report and Resource Estimate for
the San Francisco Gold Property, Estación Llano, Sonora, Mexico, www.sedar.com 140 p

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