AORO.V · 2019-10-24 12:00:00

Project. Thi surface acc e under the C been initiat e reported w a values. This area o system of 3 quartz veins from NW-S Five of the r Sample ID 337529 337540 337543 337557 18029 Previous s a reported hi g visible gol d

Corporate Updates

October 24

ALORO M

mobilized cr

Project. Thi

surface acc e

under the C

been initiat e

reported w a

values.

This area o

system of 3

quartz veins

from NW-S

Five of the r

Sample ID

337529

337540

337543

337557

18029

Previous s a

reported hi g

visible gol d

sulfidation f

the previous

Link to Co m

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veining and

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, 2019

MINING C O

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ed with rec

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on the north w

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mpling dat a

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sample resu

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rock samp l

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quartz veins

the quartz ve

below:

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AORO

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Map 2 Sampling Locations: https://aloromining.com/site/assets/files/5200/map2-map-of-high-grade-

vein-sampling.jpg

The above tabulated analytical information shows consistency of the geochemical signature across this

area that is different from the other nearby high sulfidation m ineralization. Visible gold is also seen in

veins in several locations which have been sampled. This area will be investigated as a possible heap

leach type of gold target in continuation of the work season.

Additional mapping and sampling is planned to continue to evalu ate this area of gold mineralization

for targets hosted in volcanic flow units of the Mulatos volcan ic sequence. The mine processing area

of Agnico Eagle’s La India mine is located about 10 km west of this area.

The historical assay results from previous operators work on th e Los Venados project were obtained

from the underlying owners in 2018 . The reliability of histori cal data, although it is considered to be

accurate surface sample informati on that was partially verified by this new sampling information, is

considered to have been done with in National Inst rument 43-101 recommended methods and

procedures in 2009 and 2012. The historical sampling was comple ted by Cangold Mining Co. and

Pembrook Mining Co.’s subsidiary Paget Souhern SA de CV. Becau se not all sample locations were

field verified there is a risk that the Company's future sampli ng and testing may produce results that

substantially differ from the historical results. Mr. Herdrick s u p e r v i s e d t w o o t h e r l o c a l q u a l i f i e d

geologists in the project field and with data reviews. However , the Company has not done sufficient

detailed work to verify all the historical assays and they shou ld not be relied upon for conclusions

regarding the project. There is no assurance that the prior sample data presented is valid.

While this area is encouraging with our high grade samples, our continuing priority is the high

sulfidation targets recognized in the south of the property which will be discussed in the future update.

Thomas A. Doyle, President, CEO, stated “We are very pleased to have reached a surface access

agreement on an area that was not previously available to the C ompany. The historical information has

always maintained our interest for this area and I look forward to the Aloro geological team being able

to confirm and work with that information as well as identifying new mineralised targets.”

Melvin A. Herdrick, PGeo, a qualified person under NI 43-101, i s responsible for the technical content

contained in this press release and has supervised the preparat ion of and approved the scientific and

technical disclosures in this news release.

Rock samples were collected by Aloro’s geological and technical employees utilizing normal standards

of collection, recording of descriptive data with hand held GPS determined locations in UTM NAD 27

grid locations. Rock material collected was contained in numbered plastic sample bags with plastic ties

closing them, with numbered paper tags inserted in the bags to confirm identification inside and

written identification of the bag’s surface. Bags were locked in secure locations under the supervision

of Aloro personnel and then transported by personnel to the Bur eau Veritas sample preparation facility

located in Hermosillo, Sonora Mexico. Bureau Veritas’ Hermosil lo preparation lab work consisting of

splitting and grinding to fine pulp produces a 30 gram sample t hat is lead fusion fire assayed for gold

(with atomic absorption finish) with secure shipment of 200 gra ms of pulp to the Bureau Veritas

analytical laboratory in Vancouver, B.C. There a second small fraction was dissolved in 4 acid liquid

mixture that was processed by ICP determination of normal 35 additional elements including silver.

About Aloro Mining Corp. Aloro controls 3199 hectares of Los Venados concessions (LV) which are

located in the Mulatos Gold District part of is directly adjace nt to the active Mulatos open pit of

Alamos Gold Inc. to the southeast corner. The western border is shared with Agnico Eagle Mines

Limited where it operates the La India open pit gold mine. The known mineralization within the

Mulatos District is gold-dominant, with accessory silver and copper.

ALORO MINING CORP.

Per: “Thomas A. Doyle”

Thomas A. Doyle

President & CEO

http://www.aloromining.com/

For further information, please contact:

Thomas A. Doyle

Logan Anderson

Phone: (604) 689-5722

Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

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