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Alamos Gold Announces Ongoing Exploration Success at Mulatos Including Expanding High-Grade Mineralization at Puerto Del Aire and Intersecting Wide Intervals of Significant Gold Mineralization at Capulin Target

Retrieved on: 
Wednesday, September 13, 2023

Drilling continues to extend high-grade gold mineralization outside of Mineral Reserves and Resources at Puerto Del Aire (“PDA”).

Key Points: 
  • Drilling continues to extend high-grade gold mineralization outside of Mineral Reserves and Resources at Puerto Del Aire (“PDA”).
  • Additionally, step-out drilling at the Capulin regional target continues to intersect wide intervals of significant gold mineralization.
  • New highlights include:
    Step-out drilling continues to intersect wide, significant intervals of oxide and sulphide gold mineralization within a breccia adjacent to the Capulin Fault.
  • Reflecting ongoing exploration success, the 2023 exploration budget at Mulatos has been increased for a second time this year to $24.5 million.

Alamos Gold Continues to Extend High-Grade Gold Mineralization Beyond Mineral Reserves and Resources at Puerto Del Aire, and Provides Regional Exploration Update at Mulatos

Retrieved on: 
Monday, May 15, 2023

This included further extending high-grade gold mineralization outside of Mineral Reserves and Resources at Puerto Del Aire (“PDA”), a higher-grade underground deposit adjacent to the Mulatos pit.

Key Points: 
  • This included further extending high-grade gold mineralization outside of Mineral Reserves and Resources at Puerto Del Aire (“PDA”), a higher-grade underground deposit adjacent to the Mulatos pit.
  • High-grade gold mineralization further extended beyond Mineral Reserves and Resources at PDA, supporting the potential for ongoing growth of the deposit which remains open in multiple directions.
  • Follow-up drilling is ongoing in this area to test the geometry and extent of the gold mineralization and the breccia unit.
  • “Our exploration success at PDA and regionally continues to demonstrate the potential within the Mulatos District.