- Allied Gold Corporation has launched a new energy program at its Sadiola asset to secure **efficient, reliable, and lower-cost power** for its phased expansion.  **[1993344_0001279569-25-001074_ex991.htm:1]** 
- The program will be implemented in stages, beginning with additional diesel generators in early **2026**, followed by a hybrid solution including a photovoltaic plant and battery energy storage systems (BESS) in **2027**, and further expansion of thermal and renewable generation through **2028**.  **[1993344_0001279569-25-001074_ex991.htm:1]** **[1993344_0001279569-25-001074_ex991.htm:2]** 
- This initiative is projected to **reduce energy costs by up to 20 percent** initially, and up to **45 percent** when fully implemented, leading to an estimated **$150 to $200 per ounce of gold** reduction in All-In Sustaining Costs (AISC).  **[1993344_0001279569-25-001074_ex991.htm:1]** 
- The new diesel generators, initial photovoltaic plant, and BESS will be financed with a **deferred payment arrangement**, requiring minimal upfront capital.  **[1993344_0001279569-25-001074_ex991.htm:2]** 
- The Sadiola Phase 1 expansion is on track for completion in **Q4 2025**, with the mine expected to produce **200,000 to 230,000 ounces of gold per year** in the medium term post-modifications.  **[1993344_0001279569-25-001074_ex991.htm:2]**

Allied Gold Launches Energy Program at Sadiola Mine

- Allied Gold Corporation is implementing a new energy program for its Sadiola asset, projected to reduce energy costs by up to **45%** and All-In Sustaining Costs (AISC) by **$150 to $200 per ounce of gold** once fully implemented.  **[1993344_20251001TO87802:0]** 
- The program will be introduced in stages, starting with additional diesel generators by **early 2026**, followed by a photovoltaic plant with battery energy storage systems (BESS) by **mid-2027**, and progressive introduction of medium-speed thermal generation between **2027 and 2028**.  **[1993344_20251001TO87802:0]** **[1993344_20251001TO87802:1]** 
- The initial stages of the power solution are expected to be financed through a combination of upfront and deferred payments, which will decrease near-term capital requirements.  **[1993344_20251001TO87802:0]** **[1993344_20251001TO87802:1]** 
- The Sadiola Phase 1 expansion is proceeding as planned, with completion expected in the **fourth quarter of 2025**, targeting a production of **200,000 to 230,000 ounces of gold per year** in the medium term.  **[1993344_20251001TO87802:1]**

Allied Gold (AAUC)