Alio Gold Inc. reported preliminary production results from its 100% owned San Francisco Mine in Sonora, Mexico for the first quarter ended March 31, 2018. For the quarter, the company reported production of gold of 17,449 ounces compared to 26,048 ounces a year ago. Production of silver was 8,997 compared to 11,899 a year ago. Ore processed was 1,714,564,000 tonnes compared to 1,963,307,000 tonnes a year ago. Average grade processed was 0.42 g/t against 0.48 g/t a year ago. ROM ore was 1,100,860 t. Average grade processed was 0.17 g/t. Total mined was 8,679,322 t.

The company announced that Markus Felderer has been appointed Vice President, Corporate Development, effective April 2, 2018. Markus was most recently Managing Director, Investment Banking, at Canaccord Genuity, where he led an M&A and equity business focused solely on the mining sector. Previously, he led HSBC's Metals & Mining Advisory/M&A business in the Americas. During his time in investment banking, he provided a broad range of clients globally with financial and strategic analyses and advice regarding growth and financing strategies. Prior to investment banking, Mr. Felderer worked at Teck Cominco Ltd. in business development where he conducted evaluations of mining projects and companies.