Alamos Gold (TSE:AGI) has released an update.
Alamos Gold Inc. has reported significant exploration success at its Island Gold Mine, with drilling results indicating an extension of high-grade gold mineralization that is likely to increase the mine’s Mineral Reserves and Resources. The discovery of new high-grade zones within and near existing structures, such as the Island East area, Island West, and the Hanging Wall and Footwall zones, suggests a potential for an expanded mine life and additional production efficiencies from the nearby Magino milling complex.
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