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Bullboard - Stock Discussion Forum Minera Alamos Inc V.MAI

Alternate Symbol(s):  MAIFF

Minera Alamos Inc. is a gold production and development company. The Company is engaged in the acquisition, exploration and development of mineral properties located in Mexico. It has a portfolio of Mexican assets, including the 100%-owned Santana open-pit, heap-leach mine in Sonora. The Santana Property consists of nine mining claims and covers about 4,500 hectares and is located over 200... see more

TSXV:MAI - Post Discussion

Minera Alamos Inc > Minera Alamos Announces Santana Mine Operations Update
View:
Post by Bully88 on Dec 07, 2021 7:20am

Minera Alamos Announces Santana Mine Operations Update

This is great news. 


7,330 x $1780gold  (price when writing)
=  $13,047,400


  • Gold inventory on the leach pad (7,330 oz) has exceeded original year-end target levels
  • Cumulative gold recovery from mineralization under leach for more than 30 days is approaching 70% (additional recovery ongoing)
  • Total area of stacked mineralization under active leaching continues to expand and is currently in excess of 50%
  • Reagent consumptions remain low and in line with previous test pad results (<0.2 kg/t NaCN and <2 kg/t lime)


https://money.tmx.com/en/quote/MAI/news/5612873424911032/Minera_Alamos_Announces_Santana_Mine_Operations_Update

This is just the beginning.

Wow
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