Allied Gold Corporation (TSX: AAUC, NYSE: AAUC) ("Allied" or the "Company") is pleased to provide an update on the ongoing exploration and development activities at its Sadiola Mine in Mali, West Africa, highlighting continued discovery and resource expansion across multiple zones within this world-class gold mineralized system. This is the first of three planned exploration updates, with further releases covering the Company's Kurmuk Project in Ethiopia and its Côte d'Ivoire assets expected in the coming months, all of which underpin the significant value and optionality in the Company's portfolio, already characterized by peer-leading mineral inventories and production growth.

The Company's five-year exploration goal for Sadiola is to reach over 14 million ounces of Mineral Resources, representing a sequential target of over 3.5 million ounces of new Mineral Resources in addition to the current inventory. The objective includes adding approximately 1.0 million ounces of new oxide, which, in turn, supports Sadiola's medium-term and long-term expansion strategy, providing upside and optionality as discussed below. Mineral Resources and Mineral Reserves updates are planned to be presented on a yearly basis to document the ongoing mineral inventory buildout program, which is expected to be carried out with similar levels of annual expenditures to the approximately $12 million committed for the current year. Further, as the Phase 1 Expansion at Sadiola allows for the treatment of a higher proportion of abundant, higher-grade fresh ore, the Company expects an increase in the mine's efficiency and overall performance by concentrating mining operations in fewer, bulkier areas and using new oxide areas as incremental production upside.