Minera Alamos Inc. is pleased to announce that construction of its Santana gold mine in Sonora, Mexico, is underway. This marks a major step in the Company's transition from gold project developer to gold producer in 2020. Minera intends to provide regular construction updates at key milestones during the estimated 6-8 month construction period and will be adding photos to the website to help illustrate the progress being [...]
Minera Alamos Inc. is pleased to announce it has closed the private placement announced on December 6th, 2019 consisting of 30,000,000 common shares of the Company at a price of $0.20 per Common Share for aggregate gross proceeds of $6,000,000 with Osisko Gold Royalties Ltd. . As a result of the Offering, Osisko has increased its shareholdings of the Company's Common Shares from 12.3% to 18.7%. Minera Alamos intends to [...]
Minera Alamos Inc. is pleased to announce that it has agreed to a C$14 million combined equity and royalty financing package with Osisko Gold Royalties Ltd. that will provide financing to advance the Company's plans to commence construction of its planned Santana gold mine in Sonora, Mexico. Highlights of the transaction include: Osisko will purchase 30,000,000 common shares of the Company on a non-brokered private [...]
Minera Alamos Inc. is pleased to announce the results of voting at its Annual General Meeting of Shareholders held Thursday, November 21, 2019 in Toronto, Canada. Shareholders voted overwhelmingly in favour of all items put forward by the Board of Directors and Management. All four of the individuals nominated for the board of directors were elected as set out below: % Votes For Votes For Votes Withheld % Votes Withheld [...]
Minera Alamos Inc. is pleased to announce that ongoing exploration work on its extensive land position at the Santana gold project has identified significant new Nicho-style Au-Ag surface anomalies at the newly named "Gold Ridge" discovery zone to the east of the Nicho deposit. The current geological model for the Santana project area has identified that gold mineralization is related to a series of hydrothermal breccias [...]
Minera Alamos Inc. announces that it has acquired 9,450,000 common shares in the capital of Prime Mining Corp. at a deemed price of $0.30 per common share as consideration for the assignment of an option agreement to which the Corporation is a party see news releases dated April 24th 2019 and June 26th 2019. Prior to the Transaction, the Corporation did not own any common shares of Prime. Following the Transaction, the [...]
Minera Alamos Inc. is pleased to announce that following the successful permitting process for the development of the Santana gold project, it has commenced its Phase 2 drill program. The program, which is expected to continue through late this year, will have a dual focus; resource expansion drilling at the main Nicho deposit as well as follow-up drilling on several new discoveries made during Phase 1 work in late 2018 [...]
Minera Alamos Inc. is pleased to announce that it has received the MIA permit approval from the Federal Agency , for the development of the Company's Santana gold project in Sonora, Mexico. Together with the previously announced change of land use notification, the receipt of the authorized MIA documentation provides the Company with the key approvals necessary for the construction of a commercial scale mine and gold heap [...]
Minera Alamos Inc. The Board of Directors of Minera Alamos has approved the issuance of up to 9,000,000 options to Management, Directors, Employees and Consultants pursuant to its stock option plan. The options are exercisable at a price of $0.16 and expire in five years. For Further Information Please Contact: Minera Alamos Inc. Doug Ramshaw, President Tel: 604-600-4423 Email: dramshaw@mineraalamos.com Website [...]
Minera Alamos Inc. is pleased to announce that it has received notification from the Mexican environmental authorities regarding the Company's permit application for the development of the Santana gold project . The notification confirms the successful completion of the technical review phase of the Company's application for the change of land use to allow the Company to construct mining and processing facilities at the [...]
Minera Alamos Inc. is pleased to announced that it has entered into a definitive assignment and assumption agreement , dated June 25th, 2019, with ePower Metals Inc. , Vista Gold Corp. , and the Mexican subsidiaries of each of ePower and the Company, pursuant to which the Company will assign the rights to an option to earn a 100% interest in the Guadalupe de los Reyes gold project in Sinaloa State, Mexico. [...]
Minera Alamos Inc. is pleased to announce the appointment of Carolina Salas as Vice President - Technical Services. Ms. Salas, who has worked with the Company's senior management group at previous Mexican Gold Corp. operations, will oversee final preparations related to the construction of commercial scale gold production facilities at the Santana Project in Sonora. Her addition will add further project development and [...]