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Alamos Gold Inc.
Summary
| Project: | Mulatos | |
|---|---|---|
| Deposit: | Mulatos | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 2/18/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 18-2-2020: Alamos Gold Inc. announces a Resource Estimation report for its Mulatos deposit at the Mulatos project. Annual statement of mineral resources and ore reserves. TORONTO, Feb. 18, 2020 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Com | |
| Resources: | ||
| CP/QP: | [Resources]: Marc Jutas (Ginto Consulting Inc.) | |
| ABSTRACT: | TORONTO, Feb. 18, 2020 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its updated Mineral Reserves and Resources as of December 31, 2019. For a detailed summary of Mineral Reserves and Resources by project, refer to the tables below. “We had another tremendous year at Island Gold on all fronts with the asset continuing to evolve into a world class ore body. Over the past two years we have added more than two million ounces of Mineral Reserves and Resources, before mining depletion, with the deposit now approaching four million ounces in all categories. We see strong potential for this growth to continue with the deposit open laterally and down-plunge across multiple areas of focus,” said John A. McCluskey, President and Chief Executive Officer. “The majority of this growth is being incorporated into a Phase III expansion study of Island Gold supporting what we expect will be a larger, increasingly profitable, long-life operation in one of the best mining jurisdictions in the world,” Mr. McCluskey added. | |
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