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Alio Gold Inc.
Summary
| Project: | Ana Paulo | |
|---|---|---|
| Deposit: | Ana Paulo | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 6/9/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 9-6-2017: Alio Gold Inc. announces a Pre-Feasibility Study report for its Ana Paulo deposit at the Ana Paulo project. Non-material changes to pre-feasibility study results at Ana Paula. Alio Gold, Inc. (Alio Gold) has completed a preliminary feasibility s | |
| Resources: | (Reserve, P+P): 13.4Mt @ 2.36g/t Au for 1021000oz Au contained at project | |
| CP/QP: | [Resources]: Joseph Rosaire Pierre Desautels (AGP Mining Consultants Inc.) | |
| ABSTRACT: | Alio Gold, Inc. (Alio Gold) has completed a preliminary feasibility study (PFS) of its wholly owned Ana Paula Project (“Ana Paula” or “the Project”), which is a gold resource development project located in the Guerrero Gold Belt in Guerrero, Mexico. This amended report replaces and supersedes the previous PFS for the Ana Paula Project in its entirety. The previous PFS was filed on the SEDAR website on May 26, 2017 and had an effective date of May 16, 2017. M3 Engineering & Technology Corp. (M3) was commissioned by Alio Gold Inc. to carry out a preliminary feasibility study (PFS) pursuant to Canadian Securities Administrators’ National Instrument 43-101 and Form 43-101F1 standards (collectively, “NI 43-101”) of the Ana Paula Project which is a gold resource development project located in Guerrero State, Mexico. The Project encompasses several gold occurrences within an exploration concession covering an area of more than 600 km2. The Ana Paula Project is located in the north central part of the State of Guerrero in southern Mexico, roughly half way between the major cities of Mexico City and the Port of Acapulco. The Project lies within the Sierra Madre mountain range where topography can range from moderate to rugged with elevations varying from 900 to over 1,460 meters above sea level (masl). Mineralization in the Guerrero Gold Belt (GGB) is characterized as a skarn porphyry mineralization related to an early Tertiary intrusive event. Ana Paula is located along the northwesterly trend of the GGB where it straddles a boundary between two older tectonic sub-terranes; a volcanic-volcaniclastic arc assemblage to the west and a thick carbonate platform sequence overlain by younger marine deposits to the east. | |
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