VANCOUVER, June 7, 2018 /PRNewswire/ - Alio Gold Inc
(TSX, NYSE AMERICAN: ALO) ("Alio Gold" or the "Company"),
announces that the Company has finalized the appointment of
Doug Jones as Executive Vice
President and Chief Operating Officer. Mr. Jones will be
responsible for operations at the Florida Canyon Mine in
Nevada, USA and the San Francisco
Mine in Sonora, Mexico. Paul
Hosford, Vice-President Project Development, will continue to
oversee the development of the Ana Paula Project in Guerrero, Mexico.
"We are extremely pleased to have Doug join our management
team," said Greg McCunn, Chief
Executive Officer. "His experience, knowledge and operational
leadership skills will enhance our ability to deliver consistent
results at our operating mines. I look forward to working with
him to build Alio into a mid-tier precious metals company."
Mr. Jones is an experienced international mining executive with
over 30 years within precious and base metal mining projects,
operations and engineering, including more than 15 years in the
gold space. Previously, he was the Chief Operating Officer at Rye
Patch Gold which was acquired by Alio
Gold on May 25, 2018. Prior to
joining Rye Patch, he served as Senior Vice-President for Eldorado
Gold, managing gold and base metal operations in Asia and Europe. He was the general manager for
Kinross Gold in Washington and for Stillwater Mining in
Montana. He also consulted for
mining operations in South
America, Asia and
Europe. Mr. Jones spent ten years
working in Nevada with Newmont on
the Carlin Trend, and prior to that spent five years on various
projects with Freeport-McMoRan at the Ertsberg/Grasberg properties
in Indonesia. He is a Mining
Engineer from Colorado School of Mines,
a professional member of SME and a Qualified Person under National
Instrument 43-101.
About Alio Gold
Alio Gold is a growth oriented
gold mining company, focused on exploration, development and
production in Mexico and the
USA. Its principal assets include its 100%-owned and operating
San Francisco Mine in Sonora,
Mexico, its 100%-owned and operating Florida Canyon Mine in
Nevada, USA and its 100%-owned
development stage Ana Paula Project in Guerrero, Mexico. Located within the highly
prospective Guerrero Gold Belt on
56,000 hectares of underexplored land the Ana Paula Project is a
high-grade, high margin project currently in the definitive
feasibility stage. An underground decline to provide access for an
exploration drill program has been initiated. The drill program
will target the continuation of the high-grade gold mineralization
below the proposed pit which has the potential to significantly
enhance the robust economics of the project. The Company also has a
portfolio of other exploration properties located in Mexico and the USA.
Neither the TSX nor its Regulation Services Provider (as that
term is defined in the policies of the TSX) nor the New York Stock
Exchange MKT accepts responsibility for the adequacy or accuracy of
this news release.
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SOURCE Alio Gold