Alio Gold Inc. reported consolidated production results for the fourth quarter and full year of 2019. For the quarter, consolidated Gold production was 16,337 ounces against 23,214 ounces for the same period of last year. Gold sold was 16,566 ounces against 21,985 ounces for the same period of last year. Metal revenues were $24,668,000 against $27,015,000 for the same period of last year. During Fourth Quarter 2019, the Florida Canyon Mine produced 9,241 ounces of gold and 6,226 ounces of silver. Ore production for the quarter totaled approximately 2.1 million tonnes, a 47% increase over the previous quarter, and gold ounces to process increased by 37%.

For the full year, consolidated Gold production was 78,838 ounces against 83,634 ounces for the same period of last year. Gold sold was 80,530 ounces against 82,598 ounces for the same period of last year. Metal revenues were $111,541,000 against $104,527,000 for the same period of last year.

For fiscal 2020, the company expects, production to be in the range of 60,000 and 70,000 ounces.

For first quarter of 2020, the company expects, production to be in the range of 10,000 - 12,000 ounces.
For second quarter of 2020, the company expects, production to be in the range of 12,000 - 15,000 ounces.
For third quarter of 2020, the company expects, production to be in the range of 15,500 - 18,000 ounces.
For fourth quarter of 2020, the company expects, production to be in the range of 22,500 - 25,000 ounces.