Burned

Alamos Gold Reports Mineral Reserves and Resources for the Year-Ended 2023

Retrieved on: 
Tuesday, February 20, 2024

Global Measured and Indicated Mineral Resources (exclusive of Mineral Reserves) increased 12% to total 4.4 million ounces with grades also increasing 9% to 1.27 g/t Au, as of December 31, 2023.

Key Points: 
  • Global Measured and Indicated Mineral Resources (exclusive of Mineral Reserves) increased 12% to total 4.4 million ounces with grades also increasing 9% to 1.27 g/t Au, as of December 31, 2023.
  • Combined Mineral Reserves and Resources have now increased for eight consecutive years with grades also increasing substantially over that time frame.
  • NS1 Zone (hanging wall): 92,000 ounces of total Mineral Reserves and Resources, including 24,000 ounces of Mineral Reserves grading 11.12 g/t Au.
  • The majority of Mineral Resources are located within the same structure with consistent controls on mineralization as existing Mineral Reserves.

XION Launches Generalized Abstraction Testnet Alongside Technical Whitepaper

Retrieved on: 
Thursday, December 7, 2023

NEW YORK, Dec. 7, 2023 /PRNewswire/ -- XION, the first blockchain built for mainstream adoption, launches the Generalized Abstraction Testnet alongside its technical whitepaper. XION's Generalized Abstraction is an all-encompassing infrastructure solution aimed at removing all complexities inherent to crypto to enable mainstream adoption. Its foundation is built upon the seamless integration of complex blockchain functionalities – such as accounts, signatures, fees, and interoperability – directly at the protocol level. In doing so, XION eliminates significant barriers to entry for new users, while circumventing fragmentation challenges that developers encounter in other ecosystems.

Key Points: 
  • NEW YORK, Dec. 7, 2023 /PRNewswire/ -- XION, the first blockchain built for mainstream adoption, launches the Generalized Abstraction Testnet alongside its technical whitepaper .
  • XION's Generalized Abstraction is an all-encompassing infrastructure solution aimed at removing all complexities inherent to crypto to enable mainstream adoption.
  • With this launch, XION also releases the whitepaper for Generalized Abstraction, laying a robust foundation to bring the promises of Web3 to mainstream audiences worldwide.
  • Generalized Abstraction is a step beyond account abstraction introduced by Buterin, as we look to streamline all aspects of using blockchain".

Alamos Gold Extends Gold Mineralization Beyond Mineral Reserves and Resources within Lynn Lake Project and Across Several Regional Targets Highlighting Significant Exploration Upside

Retrieved on: 
Tuesday, August 1, 2023

Several regional exploration targets and drilling completed at Gordon over the past year and a half have not been incorporated into the 2023 Study highlighting the significant exploration upside potential.

Key Points: 
  • Several regional exploration targets and drilling completed at Gordon over the past year and a half have not been incorporated into the 2023 Study highlighting the significant exploration upside potential.
  • With another two million ounces of Mineral Resources across multiple deposits, and significant gold mineralization being intersected across a number of promising regional targets including Maynard and Tulune, we see excellent potential to continue adding Mineral Reserves to the Lynn Lake project.
  • The Lynn Lake gold project (“LLGP”) encompasses most of the east-trending, 125 km long, Paleoproterozoic Lynn Lake greenstone belt (“LLGB”) in northwestern Manitoba (Figure 1) with a total of 58,000 hectares of mineral tenure.
  • Exploration programs at the Lynn Lake Project are directed and supervised by Dean Crick, P.Geo., Alamos Gold’s Exploration Manager, Canada.

Alamos Gold Announces Significant Permitting Milestones at Lynn Lake Gold Project

Retrieved on: 
Monday, March 6, 2023

TORONTO, March 06, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the federal Environmental Impact Assessment (“EIS”) for the Lynn Lake Gold Project (“Lynn Lake”) has been completed and a positive Decision Statement has been issued by the Minister of Environment and Climate Change Canada.

Key Points: 
  • TORONTO, March 06, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the federal Environmental Impact Assessment (“EIS”) for the Lynn Lake Gold Project (“Lynn Lake”) has been completed and a positive Decision Statement has been issued by the Minister of Environment and Climate Change Canada.
  • “Achieving both of these important regulatory milestones for the Lynn Lake Gold Project represents a multi-year, collaborative effort by our team and our commitment to environmental sustainability,” said John A. McCluskey, President and Chief Executive Officer.
  • “Lynn Lake is a significant opportunity to drive the future growth of our business in Canada, with the potential to increase our annual production to approximately 800,000 ounces of gold per year.”
    Having achieved these milestones, the Company will continue obtaining other project related permits.
  • With a large underexplored land package with significant potential, exploration will remain a key ongoing focus with $5 million budgeted at the Lynn Lake Project in 2023.

Shiba Inu Next? Bitrise Coin Breaking Records Non-Stop

Retrieved on: 
Thursday, November 11, 2021

Because of the bullish explosion Shiba Inu experienced after Vitalik Buterin's $1 billion worth of Shiba COVID-19 donation to India, Shiba Inu recorded one of the biggest market cap growths in 2021.

Key Points: 
  • Because of the bullish explosion Shiba Inu experienced after Vitalik Buterin's $1 billion worth of Shiba COVID-19 donation to India, Shiba Inu recorded one of the biggest market cap growths in 2021.
  • Bitrise coin is now breaking Shiba Inu records one after the other.
  • The Bitrise coin also burned 50% of the total supply upon token launch, just like Shiba Inu.
  • Bitrise will continue to break Shiba Inu records moving forward if the team continues releasing products as per the roadmap.