Alio Gold Inc. reported the results of an updated Life of Mine Plan for it’s 100% owned Florida Canyon Mine in Pershing County Nevada, USA. An associated NI 43-101 compliant technical report is being prepared by SRK Consulting and will be filed on SEDAR no later than March 1, 2019. Florida Canyon Life of Mine Plan Highlights: After-tax NPV5% of $105 million based on a $1,300 per ounce gold price; Proven and Probable Mineral Reserves of 1.01 million ounces gold (85.9 million tonnes at 0.37 g/t gold) based on a pit designed to maximize project economics at $1,250/oz gold price; Near-term production growth: 47,4001 ounces produced in 2018 expected to increase to 62,200 ounces in 2019, and to an average of 75,000 ounces per year for the next 8 years; Life of mine (“LOM”) gold production of 734,000 ounces with a 9.8 year mine life LOM free cash flow of $138 million, after tax, at $1,300/oz gold; Capital expenditures of $81.9 million expected over the LOM, including replacement of mining fleet LOM cash costs of $903 per ounce of gold and all-in sustaining costs of $1,058 per ounce of gold; LOM gold recovery of 71%; Potential for further production growth with the restart of the Standard Mine, a past producing mine adjacent to Florida Canyon; Further strategic value to be studied in the sulphide deposit underlying the oxide reserves.