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Minera Alamos Inc.
Summary
| Project: | Santana | |
|---|---|---|
| Deposit: | Nicho | |
| Location: | Mexico | |
| Commodities: | Gold | |
| Date: | 4/30/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-4-2020: Minera Alamos Inc. announces an Exploration/Drilling Update report for its Nicho deposit at the Santana project. Drilling results incl. 247.9m @ 0.6g/t Au from 66.8m. Toronto, Ontario and Vancouver, British Columbia--(Newsfile Corp. - April 30, | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Darren Koningen (Internal) | |
| ABSTRACT: | Toronto, Ontario and Vancouver, British Columbia--(Newsfile Corp. - April 30, 2020) - Minera Alamos Inc. (TSXV: MAI) (the "Company" or "Minera Alamos") is pleased to report additional drill results from its Phase 2 drill program at the Santana gold project, Sonora, Mexico. The new holes were intended primarily to evaluate the southwest and southerly extensions of the Nicho main zone as the Company works to fully define the outer limits of the proposed Nicho pit. A deeper hole (S20-134) was also drilled to test the geological structures at vertical depths below most of the previous drilling completed at Nicho. Both objectives met with success as the Company continued to expand the known mineralization to the south-southwest while also demonstrating the depth potential of the Nicho pipe system with hole S20-134 finishing in strong mineralization at 314.7m (down hole) "This initial phase of our ongoing drill activities at the Santana project was intended primarily to confirm the margins of the Nicho mineralization as we work to optimize open pit modelling for the pending start of mining operations. Rather than closing off the limits of the deposit in this area we have demonstrated significant potential for further expansion to the south and southwest" stated Darren Koningen, CEO of Minera Alamos. | |
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