08:20 AM EST, 01/11/2018 (MT Newswires) -- Alio Gold Inc (ALO.TO, ALO) announced Thursday preliminary production results from its 100% owned San Francisco Mine in Sonora, Mexico for the company's fourth quarter and full-year ended December 31, 2017. The company expects to release its full financial and operational results on February 21, 2018.

Among highlights, it produced 16,070 ounces of gold in the fourth quarter 2017, down from 25,287 a year earlier and achieved revised gold production guidance with 83,558 ounces produced in 2017, down from near 100,000 a year earlier.

"2017 was a pivotal year for the San Francisco mine as we took key steps to revitalize the mine," said CEO Greg McCunn. "With the San Francisco main pit now open across multiple mining faces and a full contract mining fleet on site, we are well positioned to deliver consistent production results this year. As our new systems and processes take hold and production levels stabilize, we will be shifting our focus to cost reduction and getting the mine running as efficiently as possible. Production and cost guidance for 2018 is expected to be announced in early February."

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