Minera Alamos Inc. is pleased to provide an operations update and select financial highlights from the second quarter of 2023 as well as some guidance regarding improved operations activity so far during Q3. For a full overview please refer to the Q2 Financial Statements and MD&A filed on Sedarplus.ca on August 29th, 2023. "As outlined earlier in [...]
Minera Alamos Inc. is pleased to announce the conclusion of discussions with lenders regarding a funding package tailored for the limited capital requirements associated with the planned construction of the Cerro de Oro gold mine that is currently anticipated to begin next year. The Company has signed a termsheet for a US$15 million Loan Facility [...]
Minera Alamos Inc. is pleased to provide selected financial highlights from its 2022 Annual Financial Statements and MD&A filed on Sedar on May 1st, 2023. 2022 Operational Highlights Total gold ounces recovered and sold in 2022 was 11,667 ounces from the Santana Project with inventory on the pad of 6,950 ounces as at December 31, 2022. Primary [...]
Minera Alamos Inc. is pleased to announce that it has completed the documentation necessary to formally proceed with the Cerro de Oro permitting process. Cerro de Oro represents the future growth of the Company's gold mining activities in Mexico and this is a major step in transforming the production profile of the Company. The management of the [...]
Discovery Drilling focusing on Zata and Benjamin Targets Minera Alamos Inc. is pleased to announce that further to its news release dated January 31st, 2023, this year's exploration plans at Santana are underway. The focus on this year's drilling plan will be led by discovery drilling on a number of gold bearing breccia pipes in the cluster that [...]
Minera Alamos Inc. is pleased to announce the results of voting at its Annual General Meeting of Shareholders held Thursday, February 16, 2023 in Toronto, Canada. Shareholders voted overwhelmingly in favour of all items put forward by the Board of Directors and Management. All five of the individuals nominated for the board of directors, namely [...]
A look ahead at 2023 Plans and Catalysts Minera Alamos Inc. is pleased to provide an update following the completion of the Company's 2022 end-of-year planning reviews and meetings. The Company met its initial thresholds for commercial production at Santana during 2022 including criteria related to gold recoveries from the heap leach pad as well as [...]
Minera Alamos Inc. is pleased to announce that it has filed on SEDAR the results of the independent Preliminary Economic Assessment titled "NI43-101 Technical Report, Preliminary Economic Assessment and Mineral Resource Estimate for the Cerro de Oro Gold Project, Zacatecas, Mexico". The results of the PEA were previously discussed in the Company's [...]
After-Tax IRR of 111% and sub-$30 million CAPEX Minera Alamos Inc. is pleased to announce the positive results of an independent Preliminary Economic Assessment for its Cerro de Oro Project in Zacatecas, Mexico. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects by Scott Zelligan, P.Geo [...]
Record Monthly Gold Production in July as Water Availability Continues to Improve Minera Alamos Inc. is pleased to provide an update on the continuing progress at the Company's Santana gold mine as well as a financial update for the Quarter ending June 30th, 2022. As noted previously, the Company's operations were impacted by the severe drought [...]
Minera Alamos Inc. is pleased to announce that, further to its press release dated June 23, 2022, it has closed its non-brokered private placement offering of 7,950,000 common shares of the Company at a price of $0.55 per Common Share for aggregate gross proceeds to the Company of $4,372,500 . No finders fees were paid. Minera Alamos intends to use [...]
Minera Alamos Inc. announces that it proposes to complete a non-brokered private placement of 7,950,000 common shares of the Company at a price of $0.55 per Share, for gross proceeds of $4,372,500. The proceeds from the Offering will be used to advance the Cerro de Oro gold project in a timely manner through permitting and to logistically plan for [...]