Minera Alamos Inc. is pleased to announce it has hired Chris Sharpe P.Eng to be the Company's VP Project Development effective September 1st, 2020. Mr. Sharpe is a mining engineer with extensive experience in mine planning, open pit geotechnical studies and financial modeling. Since February 2015, Mr. Sharpe had worked for Centerra Gold as a senior mining engineer and more recently as Director, Projects & Technical [...]
Minera Alamos Inc. is pleased to provide a mid-year construction update detailing progress at the Santana gold project, Sonora, Mexico. The heap leach pad area has been cleared of all vegetation and is undergoing contouring ahead of clay placement and the pad liner installation The completed explosive storage & detonator bunkers are awaiting final inspection from the Mexican authorities ahead of the explosive permit [...]
Includes Intersection of 202 meters of 0.51 g/t gold Ending in Mineralization Minera Alamos Inc. is pleased to report additional drill results from its Phase 2 drill program at the Santana gold project in Sonora, Mexico. Phase 2 was completed over the past year and was initiated as a follow-up to the Company's first drill program at Santana during the 2018/19 period. These new holes were designed primarily to test the [...]
Minera Alamos Inc. announces that is has disposed of 3,000,000 common shares in the capital of Prime Mining Corp. for gross proceeds of $1,500,300 and 3,350,000 warrants to purchase common shares of Prime Mining for gross proceeds of $167,500. Immediately prior to the disposition, Minera owned 6,090,000 common shares, representing 10.3% of the outstanding common shares of Prime Mining. Following the disposition, Minera [...]
Minera Alamos Inc. 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 was also drilled to test the geological structures at vertical depths below [...]
Minera Alamos Inc. will postpone filing its annual financial statements and management's discussion and analysis for the year ended December 31, 2019 , due to logistics and delays caused by the COVID19 pandemic. Minera is relying on exemptive relief granted by Canadian securities regulatory authorities that allows the filing delay of its annual documents, required by National Instrument 51-102 by April 29, 2020. In [...]
Minera Alamos Inc. is pleased to report that following shareholder approval of the previously announced Santana project funding package provided by Osisko Gold Royalties , the Company has closed the royalty agreement and received gross proceeds of C$5,000,000. In combination with the C$6,000,000 equity placement completed by Osisko in January of this year, the Company, has now received gross proceeds of C$11,000,000 and [...]
Minera Alamos Inc. reports that, in light of the increasing global responses to the COVID-19 virus outbreak, the Company has executed an internal plan of action to help minimize any disruptions to ongoing operations while ensuring the health and safety of Company personnel, community partners and other stakeholders that our teams interact with. Operationally, the Company is proceeding with construction activities at the [...]
Minera Alamos Inc. is pleased to announce that, at the meeting held on February 20, 2020, its disinterested shareholders overwhelmingly approved the sale to Osisko Gold Royalties of the Royalty and Optional Royalty, all on the terms and subject to the conditions more fully disclosed in Minera's press release of December 6, 2019. The Company and Osisko are working to complete final documentation in preparation for [...]
Minera Alamos Inc. announces that is has disposed of 3,360,000 common shares in the capital of Prime Mining Corp. for gross proceeds of $1,213,000. Proceeds from the disposition will be used to fund the acquisition of the recently announced crushing system and as a result, the crushing system purchase will not impact available working capital for the ongoing construction of the Santana gold mine. Minera remains a [...]
Minera Alamos Inc. is pleased to announce the results from the first drill holes of its ongoing Phase 2 drill program at the Santana gold project. The Phase 2 program has a number of different goals that include further testing of the Divisadero discovery from 2018; better definition of the outer limits of the proposed Nicho and Nicho Norte open pits as well as extensions of mineralization at depth; water well drilling [...]
Minera Alamos Inc. is pleased to announce it has entered into an Equipment Purchase Agreement with Mako Mining Corp., Marlin Gold Mining Ltd. and Oro Gold de Mexico S.A. de C.V. to acquire a complete crushing, screening and agglomeration system for the future growth of the Santana gold project. "This agreement leverages the financial flexibility provided by our relationship with Osisko Gold Royalties to take advantage of [...]