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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
