For thousands of other reports visit RSC's Mineral Intellingence Map
Alamos Gold Inc.
Summary
| Project: | Mulatos | |
|---|---|---|
| Deposit: | La Yaqui, Cerro Pelon | |
| Location: | Mexico | |
| Commodities: | Gold | |
| Date: | 8/10/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 10-8-2016: Alamos Gold Inc. announces an Exploration/Drilling Update report for its La Yaqui, Cerro Pelon deposit at the Mulatos project. Drilling results incl. 47.3m @ 7.79g/t Au at Cerro Pelon. Toronto, Ontario (August 10, 2016) - Alamos Gold Inc. (TSX: | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Chris Bostwick, Aoife McGraph (Internal) | |
| ABSTRACT: | Toronto, Ontario (August 10, 2016) - Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the second quarter ended June 30, 2016 and reviewed its operating, exploration and development activities. As announced in May 2016, the exploration budget at Mulatos was increased by 60 percent to $16 million reflecting ongoing exploration success at La Yaqui and Cerro Pelon. As part of the expanded budget, the Company has increased the number of active drill rigs to 13 and expanded the exploration team to more than 250 employees and contractors, reflecting record exploration activity at Mulatos. In addition to drilling, geophysical surveys comprised of ground magnetics and induced polarization surveys were completed over the larger La Yaqui and Cerro Pelon areas. While La Yaqui and Cerro Pelon remain the highest priority exploration targets, mapping and sampling has continued over the larger Mulatos district with a number of high-priority prospects added to the 2016 exploration plan, including Los Bajios, Las Carboneras and El Carricito. Systematic mapping and sampling will be carried out over these projects through the remainder of 2016 in order to plan drill targets for 2017. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report