Alamos Gold

Published : February 03rd, 2011

Provides Mulatos Exploration Update

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Keywords :   Silica | Turkey |

 

Alamos Gold Provides Mulatos Exploration Update

 

 

 

 

 

 

 

 

 

Alamos Gold Inc. (TSX:AGI - News) ("Alamos" or the "Company") provides an exploration update for its Mulatos Project in northwestern Mexico.

Mulatos Exploration Update

In 2010, the Company drilled over 48,000 metres ("m") in 242 holes at its Mulatos Project in Mexico. The 2010 exploration program focused on in-fill and step-out drilling at San Carlos, step-out drilling at the Puerto del Aire ("PdA") Extension, and the initiation of a drilling program at El Carricito. Exploration target areas are presented in figures 1 and 2 at the end of this press release.

In March 2011, the Company plans to provide an updated global mineral reserve and resource statement.

San Carlos

In 2010, the Company drilled 14,000 m in 65 holes at San Carlos with the objective of upgrading the existing inferred mineral resources to the measured and indicated categories, as well as further delineating zones of high-grade gold mineralization. The results from the 2010 drill program at San Carlos are being incorporated into the 2010 global mineral reserve and resource statement. As part of the 2010 global mineral reserve and resource statement, the Company anticipates reporting heap-leachable mineral reserves at San Carlos for the first time.

Initial observations indicate that the gold mineralization is associated with high-specific gravity minerals, suggesting that the ore may be amenable to gravity separation and has the potential to be a future source of mill feed for the Mulatos High-Grade Mill. Metallurgical testing to determine this is expected to be completed during the second quarter of 2011.

Drilling has resumed at San Carlos and the Company plans to complete at least 5,000 m of drilling in the first half of 2011 and will focus on drill-testing for extensions of the mineralized zones. Detailed modelling of the deposit indicates that the high-grade gold mineralization is controlled by several en echelon structural zones that are open towards the northeast, suggesting significant potential for discovering additional high-grade zones.

PdA Extension

In 2010, more than 22,100 m in 89 holes were drilled as part of the PdA Extension exploration program, including 3,000 m drilled on the eastern side of the Mulatos River during the fourth quarter.

Drilling activities have extended the shallower part of mineralization to the northeast on both the western and eastern sides of the Mulatos River. A recent geochemical survey suggests that this trend may continue for at least another 400 m on the eastern side of the Mulatos River. The Company is currently drill-testing for mineralized extensions to the PdA Extension in this area.

The Company also continues to identify mafic dykes along the PdA Trend in the banks of the Mulatos River and in road cuts. Mafic dykes at San Carlos are interpreted to be spatially related to high-grade gold mineralization. The abundance of mafic dykes along the PdA Extension on the western and eastern sides of the Mulatos River is encouraging. The Company considers these areas to be very prospective high-priority exploration targets.

The Company has also identified an abundance of mafic dykes one kilometre ("km") south of the PdA Extension along the Mulatos River at the Naranjo target area. The Naranjo mafic dyke swarms are coincident with silicic alteration, a favourable type of alteration for gold mineralization, and have never been drill-tested. Drilling at Naranjo is planned to commence by the end of the second quarter of 2011.

Recent assay results and drill hole information are presented in tables 1 and 2, respectively, at the end of this press release. Drill hole locations at the PdA Extension and near-mine dyke swarms are presented in figure 2 and 3, respectively, at the end of this press release.

El Carricito

El Carricito, which is located 20 km southwest of the Mulatos Mine and is identified in Figure 1, is a grassroots exploration target that is host to a very large and prospective area of favourable silicic and advanced argillic alteration. The zone of alteration, which has never been drill-tested until recently, is approximately 5.5 km long, up to 2.7 km wide, and is up to 300 m thick in outcrop.

Due to difficult terrain for road and drill pad construction, the Company completed less than 5,000 m of reverse-circulation ("RC") drilling in the fourth quarter of 2010 of a planned 10,000-m RC drill program. With access to the silica massif established, the Company has added a second RC rig to the project with plans to add additional rigs as access to other target areas is established.

The total number of broad target areas with strong multi-element geochemical responses has increased to 15 at El Carricito. The target areas are typically associated with favourable characteristics for gold mineralization similar to those identified at other mineral resource areas throughout the Mulatos District. The Company has drill-tested four of these target areas. Geological mapping and soil geochemistry is ongoing to further identify prospective drill targets and to locate the sources of the gold-in-soil anomalies. All holes drilled at El Carricito have intersected wide zones of favourable alteration that is silicified, often vuggy, and extensively oxidized in hydrothermal breccia and porphyritic dacite.

To date, the Company has drilled over 8,000 m in 34 widely-spaced holes at El Carricito out of a 21,000-m reconnaissance-level drill program that is planned to be completed by the end of the first half of 2011. Initial drill results and drill-hole collar data are presented in tables 4 and 5 at the end of this press release, respectively. Drill result intervals in Table 4 are reported at a minimum cut-off of 0.1 grams of gold per tonne ("g/t Au") over 3-m intervals due to the early stage of the El Carricito exploration program. The Company believes that this cut-off grade is suitable for reporting El Carricito drill results due to the early stage of the project. Drill hole locations are presented in Figure 4 at the end of this press release.

Considering the size of the El Carricito target and the relatively small area that has been drill-tested to date, the Company is encouraged by the initial drill results that have demonstrated the presence of broad zones of favourable alteration coincident with gold mineralization, often in economic concentrations. The Company is also encouraged by the presence of wide-spread geological features that are typically favourable for gold mineralization in the Mulatos District. The Company continues to consider El Carricito Project to be very prospective for significant gold discoveries.

QA/QC Programs

Mulatos exploration programs are conducted under the supervision of Ken Balleweg, B.Sc. Geological Engineering, M.Sc. Geology, Registered Professional Geologist, Alamos' Mexico Exploration Manager. Mr. Balleweg is a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators. Strict sampling and QA/QC protocol are followed, including the insertion of standards, blanks, and duplicates on a regular basis. Sample intervals are usually 0.5 to 1.5 m. Mulatos samples are sent to ALS Chemex Inc. in Hermosillo, Mexico for sample preparation and then to Vancouver, British Columbia, Canada for analysis. Analytical method is fire assay with atomic adsorption finish and gravimetric finish for individual samples with a gold concentration greater than 5.0 g/t Au. Composites presented in the assay results tables include intervals at greater than 0.5 g/t over a 3-m minimum width, no assays are cut unless indicated, with the exception of El Carricito composites. El Carricito composites presented in the assay results tables include intervals at greater than 0.1 g/t over a 3-m minimum width, no assays are cut unless indicated.

About Alamos

Alamos is an established Canadian-based gold producer that owns and operates the Mulatos Mine in Mexico, and has exploration and development activities in Mexico and Turkey. The Company employs nearly 500 people in Mexico and Turkey and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighbouring communities. Alamos has over $185 million cash on hand, is debt-free, and unhedged to the price of gold. As of January 31, 2011, Alamos' has 116,440,006 common shares outstanding (123,304,706 fully diluted), which are traded on the Toronto Stock Exchange under the symbol "AGI".

Cautionary Note

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including without limitation statements regarding forecast gold production, gold grades, recoveries, waste-to-ore ratios, total cash costs, potential mineralization and reserves, exploration results, and future plans and objectives of Alamos, are forward-looking statements that involve various risks and uncertainties. These forward-looking statements include, but are not limited to, statements with respect to mining and processing of mined ore, achieving projected recovery rates, anticipated production rates and mine life, operating efficiencies, costs and expenditures, changes in mineral resources and conversion of mineral resources to proven and probable reserves, and other information that is based on forecasts of future operational or financial results, estimates of amounts not yet determinable and assumptions of management.

Exploration results that include geophysics, sampling, and drill results on wide spacings may not be indicative of the occurrence of a mineral deposit. Such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics and economic potential to be classed as a category of mineral resource. A mineral resource which is classified as "inferred" or "indicated" has a great amount of uncertainty as to its existence and economic and legal feasibility. It cannot be assumed that any or part of an "indicated mineral resource" or "inferred mineral resource" will ever be upgraded to a higher category of resource. Investors are cautioned not to assume that all or any part of mineral deposits in these categories will ever be converted into proven and probable reserves.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements.

The Company has made projections of its annual production and operating costs based on annual budget which incorporates assumptions based on mining in sequence its mineral reserves at projected rates of tonnes and grade, assessing probable costs for mining and processing activities, projecting reasonable foreign exchange rates and achieving indicated rates of gold recovery derived from laboratory testing and historical experience. These assumptions are considered reasonable in the circumstances, but may be subject to change as additional information becomes available.

There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Alamos' expectations include, among others, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of gold and silver, as well as those factors discussed in the section entitled "Risk Factors" in Alamos' Annual Information Form. Although Alamos has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

To view Figure 1: Mulatos District Exploration Targets, please visit the following link: http://media3.marketwire.com/docs/alamos_figure1.pdf.

To view Figure 2: Project Location - Mulatos Pit Area, please visit the following link: http://media3.marketwire.com/docs/alamos_figure2.pdf.

To view Figure 3: Puerto del Aire Extension Project Area - Drill Hole Locations, please visit the following link: http://media3.marketwire.com/docs/alamos_figure3.pdf.

To view Figure 4: Near-Mine Mafic Dyke Swarm Locations, please visit the following link: http://media3.marketwire.com/docs/alamos_figure4.pdf.

To view Figure 5: El Carricito - Drill Hole Locations with Limit of Silica & Advanced Argillic Alteration, please visit the following link: http://media3.marketwire.com/docs/alamos_figure5.pdf.

 

  

     Table 1: Puerto del Aire Extension - Select Composite Intervals(1)

 Include intervals at greater than 0.5 g/t Au over a 3 metres minimum width,

                                no assay cut

----------------------------------------------------------------------------

Drill Hole    Drilling Total Depth   From(3)     To(3) Interval(3)  Assay(3)

Number       Method(2)         (m)       (m)       (m)         (m)  (g/t Au)

----------------------------------------------------------------------------

10PA237        RC/Core      476.75        No Significant Intervals

----------------------------------------------------------------------------

10PA238        RC/Core      492.30   460.43     465.90        5.47      1.06

                                     473.50     478.37        4.87      0.76

----------------------------------------------------------------------------

10PA239        RC/Core      425.70        No Significant Intervals

----------------------------------------------------------------------------

10PA243             RC      285.06    182.93    199.70       16.77      1.97

----------------------------------------------------------------------------

10PA245             RC      275.91    143.29    152.44        9.15      1.82

                                      179.88    182.93        3.05      1.83

                                      257.62    263.72        6.10      0.85

                                      266.77    271.94        4.57      1.25

----------------------------------------------------------------------------

10PA246             RC       300.3    286.59    289.63        3.04      0.67

----------------------------------------------------------------------------

10PA248             RC      217.99    103.66    114.33       10.67      0.81

                                      123.48    131.10        7.62      1.12

----------------------------------------------------------------------------

10PE001             RC      224.09          No Significant Intervals

----------------------------------------------------------------------------

10PE002             RC      312.50    272.87    278.96        6.09      0.92

                                      286.59    291.16        4.57      0.72

----------------------------------------------------------------------------

10PE003             RC      224.09    150.91    163.11       12.20      0.64

----------------------------------------------------------------------------

10PE004             RC      318.60    271.34    275.91        4.57      0.65

                                      295.73    300.30        4.57      0.78

                                      304.88    309.45        4.57      2.13

----------------------------------------------------------------------------

10PE005             RC      126.52          No Significant Intervals

----------------------------------------------------------------------------

10PE006             RC      315.55    253.05    259.15        6.10      0.52

----------------------------------------------------------------------------

10PE007             RC      245.43    208.84    211.89        3.05      1.21

----------------------------------------------------------------------------

10PE008             RC      324.70    274.39    278.96        4.57      0.66

                                      292.68    297.26        4.58      1.50

----------------------------------------------------------------------------

10PE009             RC      306.40    160.06    163.11        3.05      1.01

----------------------------------------------------------------------------

10PE010             RC      309.45     65.55     70.12        4.57      0.61

----------------------------------------------------------------------------

10PE011             RC      260.67    217.99    221.04        3.05      0.62

----------------------------------------------------------------------------

(1) Due to the exploratory nature of this program and the variable

orientations of the high-grade mineralized zones, the intersections

presented herein may not necessarily represent the true width of

mineralization

(2) RC = Reverse Circulation Hole

(3) Number in bold represent intervals greater than 50 metres(i)grams/tonne

(50gmt)

  

  

           Table 2: Puerto del Aire Extension - Drill Hole Data

     -----------------------------------------------------------------

     Drill Hole     Total Depth (m)   Azimuth (degree)    Dip (degree)

     -----------------------------------------------------------------

     10PA237                 476.75          0 degrees     -90 degrees

     -----------------------------------------------------------------

     10PA238                 492.30        330 degrees     -80 degrees

     -----------------------------------------------------------------

     10PA239                 425.70          0 degrees     -80 degrees

     -----------------------------------------------------------------

     10PA243                 285.06          0 degrees     -70 degrees

     -----------------------------------------------------------------

     10PA245                 275.91        150 degrees     -85 degrees

     -----------------------------------------------------------------

     10PA246                  300.3          0 degrees     -50 degrees

     -----------------------------------------------------------------

     10PA248                 217.99        330 degrees     -70 degrees

     -----------------------------------------------------------------

     10PE001                 224.09        150 degrees     -50 degrees

     -----------------------------------------------------------------

     10PE002                 312.50          0 degrees     -90 degrees

     -----------------------------------------------------------------

     10PE003                 224.09        150 degrees     -70 degrees

     -----------------------------------------------------------------

     10PE004                 318.60        150 degrees     -60 degrees

     -----------------------------------------------------------------

     10PE005                 126.52          0 degrees     -90 degrees

     -----------------------------------------------------------------

     10PE006                 315.55          0 degrees     -90 degrees

     -----------------------------------------------------------------

     10PE007                 245.43          0 degrees     -90 degrees

     -----------------------------------------------------------------

     10PE008                 324.70        150 degrees     -60 degrees

     -----------------------------------------------------------------

     10PE009                 306.40          0 degrees     -60 degrees

     -----------------------------------------------------------------

     10PE010                 309.45          0 degrees     -60 degrees

     -----------------------------------------------------------------

     10PE011                 260.67          0 degrees     -90 degrees

     -----------------------------------------------------------------

  

  

            Table 3: Carricito - Select Composite Intervals(1)

 Include intervals at greater than 0.5 g/t Au over a 3 metres minimum width,

                                 no assay cut

----------------------------------------------------------------------------

Drill Hole   Drilling Total Depth     From(3)    To(3) Interval(3)  Assay(3)

Number      Method(2)         (m)         (m)      (m)         (m)  (g/t Au)

----------------------------------------------------------------------------

10CR001            RC      178.35         No Significant Intervals

----------------------------------------------------------------------------

10CR002            RC      236.72       48.78    51.83        3.05      2.21

----------------------------------------------------------------------------

10CR003            RC      138.72       19.82    25.91        6.09      1.67

                                        57.93    60.98        3.05      0.72

----------------------------------------------------------------------------

10CR004            RC      169.21       18.29    22.87        4.58      1.17

                                        42.68    57.93       15.25      1.24

                                   Inc. 42.68    45.73        3.05      1.35

                                   Inc. 48.78    57.93        9.15      1.11

----------------------------------------------------------------------------

10CR005            RC      224.09           No Significant Intervals

----------------------------------------------------------------------------

10CR006            RC      190.55           No Significant Intervals

----------------------------------------------------------------------------

10CR007            RC      196.65           No Significant Intervals

----------------------------------------------------------------------------

10CR008            RC      182.93           No Significant Intervals

----------------------------------------------------------------------------

10CR009            RC      182.93           No Significant Intervals

----------------------------------------------------------------------------

10CR010            RC      184.45           No Significant Intervals

----------------------------------------------------------------------------

10CR011            RC      152.44           No Significant Intervals

----------------------------------------------------------------------------

10CR012            RC      182.93           No Significant Intervals

----------------------------------------------------------------------------

10CR013            RC      190.55      146.34   150.91        4.57      1.18

----------------------------------------------------------------------------

10CR014            RC      132.62           No Significant Intervals

----------------------------------------------------------------------------

10CR015            RC      274.39      208.84   211.89        3.05      0.92

----------------------------------------------------------------------------

10CR016            RC      213.41      150.91   158.54        7.63      0.51

                                       169.21   182.93       13.72      0.95

                                  Inc. 169.21   173.78        4.57      1.16

                                  Inc. 178.35   182.93        4.58      1.53

----------------------------------------------------------------------------

10CR017            RC      274.39           No Significant Intervals

----------------------------------------------------------------------------

10CR018            RC      230.18           No Significant Intervals

----------------------------------------------------------------------------

10CR019            RC      285.06      199.70   207.32        7.62      2.29

                                       225.61   231.61        6.10      1.01

----------------------------------------------------------------------------

10CR020            RC      213.41           No Significant Intervals

----------------------------------------------------------------------------

10CR021            RC      280.49           No Significant Intervals

----------------------------------------------------------------------------

10CR022            RC      291.16           No Significant Intervals

----------------------------------------------------------------------------

10CR023            RC      182.93           No Significant Intervals

----------------------------------------------------------------------------

10CR024            RC      243.90      118.90   123.48        4.58      1.67

----------------------------------------------------------------------------

(1) Due to the exploratory nature of this program and the variable

orientations of the high-grade mineralized zones, the intersections

presented herein may not necessarily represent the true width of

mineralization

(2) RC = Reverse Circulation Hole

(3) Number in bold represent intervals greater than 50 metres(i)grams/tonne

(50gmt)

  

  

             Table 4: Carricito - Select Composite Intervals(1)

Includes intervals at greater than 0.1 g/t Au over a 3 metres minimum width,

                                 no assay cut

----------------------------------------------------------------------------

Drill Hole    Drilling Total Depth   From(3)     To(3) Interval(3)  Assay(3)

Number       Method(2)         (m)       (m)       (m)         (m)  (g/t Au)

----------------------------------------------------------------------------

10CR001             RC      178.35     65.55     83.84       18.29      0.26

                                      109.76    125.00       15.24      0.32

----------------------------------------------------------------------------

10CR002             RC      236.72     48.78     56.40        7.62      0.98

                                       62.50    108.33       45.75      0.32

                                      185.98    201.22       15.24      0.18

                                      210.37    227.13       16.76      0.17

----------------------------------------------------------------------------

10CR003             RC      138.72     13.72     30.49       16.72      0.79

                                       56.40     64.02        7.62      0.39

----------------------------------------------------------------------------

10CR004             RC      169.21      4.57     25.91       21.34      0.41

                                       38.11     62.50       24.39      0.77

----------------------------------------------------------------------------

10CR005             RC      224.09          No Significant Intervals

----------------------------------------------------------------------------

10CR006             RC      190.55          No Significant Intervals

----------------------------------------------------------------------------

10CR007             RC      196.65          No Significant Intervals

----------------------------------------------------------------------------

10CR008             RC      182.93          No Significant Intervals

----------------------------------------------------------------------------

10CR009             RC      182.93          No Significant Intervals

----------------------------------------------------------------------------

10CR010             RC      184.45          No Significant Intervals

----------------------------------------------------------------------------

10CR011             RC      152.44      0.00     16.77       16.77      0.25

----------------------------------------------------------------------------

10CR012             RC      182.93

----------------------------------------------------------------------------

10CR013             RC      190.55    134.15    164.83       30.48      0.39

----------------------------------------------------------------------------

10CR014             RC      132.62          No Significant Intervals

----------------------------------------------------------------------------

10CR015             RC      274.39    207.32    239.33       32.01      0.22

----------------------------------------------------------------------------

                                       67.07     76.22        9.15      0.21

10CR016             RC      213.41     96.04    100.61        4.57      0.33

                                      132.62    184.45       51.83      0.41

----------------------------------------------------------------------------

                                       92.99    114.33       21.34      0.14

10CR017             RC      274.39    123.48    140.24       16.76      0.19

                                      150.91    163.11       12.20      0.20

----------------------------------------------------------------------------

                                      117.38    146.34       28.96      0.11

10CR018             RC      230.18    152.44    163.11       10.67      0.16

                                      179.80    195.12       15.32      0.16

----------------------------------------------------------------------------

                                       77.74     85.37        7.63      0.17

10CR019             RC      285.06    172.26    217.99       45.73      0.62

                                      224.09    237.80       13.71      0.56

                                      245.43    254.57        9.14      0.17

----------------------------------------------------------------------------

10CR020             RC      213.41    143.29    153.96       10.67      0.29

                                      196.65    199.70        3.05      0.27

----------------------------------------------------------------------------

10CR021             RC      280.49          No Significant Intervals

----------------------------------------------------------------------------

10CR022             RC      291.16     77.74     83.34         6.1      0.14

                                      129.57    150.91       21.34      0.21

----------------------------------------------------------------------------

10CR023             RC      182.93          No Significant Intervals

----------------------------------------------------------------------------

                                       65.55     70.12        4.57      0.21

10CR024             RC      243.90     88.41     97.56        9.15      0.10

                                       118.9    149.39       30.49      0.40

----------------------------------------------------------------------------

(1) Due to the exploratory nature of this program and the variable

orientations of the high-grade mineralized zones, the intersections

presented herein may not necessarily represent the true width of

mineralization

(2) RC = Reverse Circulation Hole

(3) Number in bold represent intervals greater than 50 metres(i)grams/tonne

(50gmt)

  

  

                  Table 5: Carricito - Drill Hole Data

     -----------------------------------------------------------------

     Drill Hole     Total Depth (m)   Azimuth (degree)    Dip (degree)

     -----------------------------------------------------------------

     10CR001                 178.35          0 degrees     -90 degrees

     -----------------------------------------------------------------

     10CR002                 236.72         90 degrees     -50 degrees

     -----------------------------------------------------------------

     10CR003                 138.72          0 degrees     -90 degrees

     -----------------------------------------------------------------

     10CR004                 169.21         90 degrees     -50 degrees

     -----------------------------------------------------------------

     10CR005                 224.09          0 degrees     -90 degrees

     -----------------------------------------------------------------

     10CR006                 190.55         90 degrees     -50 degrees

     -----------------------------------------------------------------

     10CR007                 196.65         45 degrees     -50 degrees

     -----------------------------------------------------------------

     10CR008                 182.93          0 degrees     -90 degrees

     -----------------------------------------------------------------

     10CR009                 182.93          0 degrees     -90 degrees

     -----------------------------------------------------------------

     10CR010                 184.45         90 degrees     -50 degrees

     -----------------------------------------------------------------

     10CR011                 152.44          0 degrees     -90 degrees

     -----------------------------------------------------------------

     10CR012                 182.93          0 degrees     -90 degrees

     -----------------------------------------------------------------

     10CR013                 190.55          0 degrees     -90 degrees

     -----------------------------------------------------------------

     10CR014                 132.62        150 degrees     -60 degrees

     -----------------------------------------------------------------

     10CR015                 274.39         90 degrees     -60 degrees

     -----------------------------------------------------------------

     10CR016                 213.41        270 degrees     -60 degrees

     -----------------------------------------------------------------

     10CR017                 274.39        270 degrees     -60 degrees

     -----------------------------------------------------------------

     10CR018                 230.18        270 degrees     -70 degrees

     -----------------------------------------------------------------

     10CR019                 285.06        270 degrees     -70 degrees

     -----------------------------------------------------------------

     10CR020                 213.41          0 degrees     -90 degrees

     -----------------------------------------------------------------

     10CR021                 280.49        270 degrees     -60 degrees

     -----------------------------------------------------------------

     10CR022                 291.16        270 degrees     -60 degrees

     -----------------------------------------------------------------

     10CR023                 182.93        200 degrees     -60 degrees

     -----------------------------------------------------------------

     10CR024                 243.90        230 degrees     -60 degrees

     -----------------------------------------------------------------

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact:



 

  Contacts:

Alamos Gold Inc.

John A. McCluskey

President and Chief Executive Officer

(416) 368-9932

Alamos Gold Inc.

Jeremy Link

Director, Investor Relations

(416) 368-9932 x 201

 

 

 

 

 

 

 

 

 

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Alamos Gold

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ISIN : CA0115271086
CUSIP : 011527108
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Alamos Gold is a gold development stage company based in Canada.

Alamos Gold develops gold and silver in Mexico and in Peru, and holds various exploration projects in Peru and in Turkey.

Its main assets in development are CERRO JUMIL in Mexico and SAN LUIS PROJECT in Peru and its main exploration properties are GAP, EL JASPE, PUERTO DEL AIRE, BIRICU, LA PROVIDENCIA PROSPECT, MERCURY MINES, ESCONDIDA MIL, EL REALITO, LOS BAJIOS, LA YAQUI, CERRO PELON and MULATOS in Mexico, ABRA ROJO, UTCUCOCHA, COLQUI ORCCO and PUCARANA in Peru and AGI DAGI, KIRAZLI and CAMYURT in Turkey.

Alamos Gold is listed in Canada and in United States of America. Its market capitalisation is CA$ 5.6 billions as of today (US$ 4.1 billions, € 3.8 billions).

Its stock quote reached its lowest recent point on May 14, 2004 at CA$ 1.50, and its highest recent level on April 26, 2024 at CA$ 20.91.

Alamos Gold has 266 320 000 shares outstanding.

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Nominations of Alamos Gold
3/25/2013Announces Two Key Executive Appointments
1/24/2013Responds to Aurizon Directors' Circular
7/12/2011Announces Director Resignation
6/7/2010Appointment of Mr. Anthony Garson to its Board of Directors
7/9/2008Reports Record Quarterly Gold Production & Sales & Appointme...
Financials of Alamos Gold
3/29/2016Declares Semi-Annual Dividend
1/28/2016Provides Notice of Fourth Quarter and Year-End 2015 Financia...
2/19/2015Reports Fourth Quarter and Year-End 2014 Results
1/30/2014Provides Notice of Fourth Quarter and Year-End 2013 Financia...
10/31/2013Reports Third Quarter 2013 Results
4/25/2013Reports Strong First Quarter 2013 Results and Announces Shar...
10/25/2012Reports Third Quarter 2012 Results
5/1/2012Reports Record First Quarter 2012 Earnings and Cash Flows
8/4/2011Reports Second Quarter 2011 Results
7/6/2011Reports Second Quarter 2011 Operating Results and Provides N...
5/5/2011Reports First Quarter 2011 Results and Revises 2011 Outlook
4/6/2011Reports First Quarter 2011 Operating Results, Provides Notic...
3/12/2008Reports its 2007 and Restated 2006 Financial Results
Project news of Alamos Gold
6/21/2011(Mulatos)Receives Positive Metallurgical Test Results for San Carlos ...
6/16/2011(Camyurt)Reports 1.60 g/t of Gold Over 186 Metres at Camyurt
6/2/2011(Mulatos)Achieves Record Monthly Throughput at the Mulatos Mine and A...
3/24/2011(Mulatos)Reports a 38% Increase in Measured and Indicated Mineral Res...
2/16/2011(Kirazli)Provides Agi Dagi and Kirazli Exploration Update
2/16/2011(Agi Dagi)Provides Agi Dagi and Kirazli Exploration Update
2/3/2011(Mulatos)Provides Mulatos Exploration Update
1/21/2008(La Yaqui)Announces New Gold Zone Delineated at La Yaqui Prospect
Corporate news of Alamos Gold
7/28/2016Coverage Initiated on Gold Stocks FrancoNevada, New Gold, De...
6/30/2016Alamos Gold Provides Notice of Second Quarter 2016 Results a...
5/16/2016Alamos Gold Announces Results of the Annual General and Spec...
5/12/2016Alamos Reports First Quarter 2016 Results
5/12/2016Alamos Gold misses 1Q profit forecasts
1/28/2016Alamos Gold Provides Notice of Fourth Quarter and Year-End 2...
1/7/2016Alamos Announces Closing of Carlisle Goldfields Acquisition
12/21/2015Alamos Gold faces heavy call selling
12/2/2015Edited Transcript of AGI.TO earnings conference call or pres...
11/28/2015What Do Hedge Funds Think of Alamos Gold Inc (AGI)?
10/16/2015Alamos Announces Change to its Board of Directors
10/15/2015Alamos Gold Declares Semi-Annual Dividend
10/15/2015Alamos Consolidates Ownership of Lynn Lake Project With Acqu...
10/7/2015Almadex Minerals Options Gold Project in Mulatos Camp, Mexic...
10/6/2015Alamos Gold Provides Notice of Third Quarter 2015 Results an...
9/21/2015Alamos Announces Discovery of New Zones of Mineralization at...
9/15/2015Carlisle Announces Exploration Drilling at Lynn Lake; Discov...
9/8/2015Carlisle Announces Appointment of Jamie Porter to the Board ...
9/4/2015Callinex Mines' President and CEO Max Porterfield Interviewe...
9/2/2015Alamos Gold (AGI) in Focus: Stock Moves 7.3% Higher
9/2/2015Bulls mining Alamos Gold for rally
8/31/2015Alamos Announces Investment in AuRico Metals
8/12/2015Edited Transcript of AGI.TO earnings conference call or pres...
8/12/2015Alamos Gold reports 2Q loss
8/12/2015Alamos Reports Second Quarter 2015 Results
7/9/2015Alamos Gold Provides Notice of Second Quarter 2015 Results a...
7/6/2015Alamos and AuRico Metals Announce Completion of Merger
7/2/2015Alamos and AuRico Metals Announce Completion of Merger
6/29/2015S&P Dow Jones Indices Announces Changes to the S&P/TSX Canad...
4/22/2015NYSE stocks posting largest percentage decreases
4/21/2015IIROC Trade Resumption - AGI
4/21/2015Alamos Gold Declares Semi-Annual Dividend and Adopts Dividen...
4/21/2015IIROC Trading Halt - DAQ.UN; AGI
4/20/2015Alamos Gold Closes Previously Announced Private Placement
4/13/2015Alamos Gold and Perrigo are big market movers
4/13/2015Alamos Gold, AuRico Gold merging in $1.5 billion deal
4/13/2015Alamos Gold and AuRico Gold to Combine Creating Leading Inte...
4/13/2015Canada's Alamos Gold, AuRico Gold to merge in $1.5 bln deal
4/2/2015Alamos Gold Provides Notice of First Quarter 2015 Results an...
4/1/2015Canada Stocks to Watch: RBC, Keyera, Kingsway Financial and ...
3/31/2015Alamos Reports Mineral Reserves and Resources for the Year-E...
1/22/2015Canada Stocks to Watch: RBC, CP Rail, Iamgold, Agrium, Pengr...
9/30/2013Declares Semi-Annual Dividend
9/11/2013and Orsa Announce Results of Orsa Shareholder Vote
8/30/2013Announces Closing of Esperanza Resources Acquisition
8/22/2013Comments on Esperanza News Release
8/12/2013(Kirazli)Receives Final Signatures Approving Kirazli EIA
7/23/2013Announces Friendly Acquisition of Orsa Ventures
7/23/2013Announces Friendly Acquisition of Orsa Ventures
7/12/2013Announces Friendly Acquisition of Esperanza Resources
7/3/2013Provides Notice of Second Quarter 2013 Results and Conferenc...
6/7/2013Announces Results of the Annual General Meeting of Sharehold...
3/19/2013Offer to Expire on March 19, 2013
3/12/2013Files Application with BC Securities Commission to Remove Au...
2/6/2013Announces Early Termination of the Hart-Scott-Rodino Waiting...
1/8/2013Achieves Record Fourth Quarter Gold Production of 67,800 Oun...
10/15/2012John A. McCluskey Named 2012 Ontario Entrepreneur Of The Yea...
9/27/2012Declares Semi-Annual Dividend
7/5/2012Provides Notice of Second Quarter 2012 Results and Conferenc...
6/28/2012(Agi Dagi)Announces Positive Pre-Feasibility Study for Agi Dagi and Ki...
6/1/2012Announces Management and Board Changes
4/2/2012Provides Notice of the First Quarter 2012 Results and Confer...
3/27/2012Expands El Victor North, Reporting 6.43 g/t Au Over 35 Metre...
2/23/2012Reports Record Fourth Quarter 2011 Earnings and Operating Ca...
1/9/2012Provides Notice of the Fourth Quarter and Year-End 2011 Fina...
10/6/2011Reports Third Quarter 2011 Operating Results and Notice of T...
3/14/2011Announces 43% Increase in Semi-Annual Dividend
6/4/2010Provides Exploration Update and Announces Results of Annual ...
2/17/2009Completes Cdn$83,280,000 Financing
11/7/2008Reports Record Quarterly Earnings of $0.09 per Share
9/8/2008Announces Delineation of New Gold Zone at Cerro Pelon
5/7/2008Provides Operations and Corporate Updates
4/8/2008 Reports a 50% Increase in Quarterly Revenues and a 28% Incr...
3/24/2008 Announces Early Redemption of its Outstanding Convertible D...
1/8/2008Increases Quarterly Production by 43% in Q4 2007
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TORONTO (AGI.TO)Other OTC (AGIGF)
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TORONTO
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