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Minera Alamos Inc V.MAI

Alternate Symbol(s):  MAIFF

Minera Alamos Inc. is a gold production and development company. The Company has a portfolio of Mexican assets, including the 100%-owned Santana open-pit, heap-leach mine in Sonora that is going through the start-up of operations at the new Nicho Main deposit. The Santana Property consists of certain mining claims located approximately east-southeast of Hermosillo, Sonora, Mexico. Additionally, the Company holds a 100% interest in certain contiguous mining concessions referred to as Santa Lucia and Hilda 35 Fraccion 1, located in Sonora State, Mexico. Its 100%-owned Cerro de Oro oxide gold project that comprises Zacatecas I and Zacatecas II concessions is located in northern Zacatecas and covers about 6,500-hectare (ha). The Company holds a 100% interest in the La Fortuna open pit gold project in Durango, which covers about 6,200 ha. The Company also holds a 100% interest in a mining property known as Los Verdes, a molybdenum-copper property located in the State of Sonora, Mexico.


TSXV:MAI - Post by User

Bullboard Posts
Comment by Christockon Dec 18, 2015 4:26am
242 Views
Post# 24394281

RE:news

RE:newsThis is great, but do we have an Ejido agreement to begin mining and to build the mill ? ... the south deposit represents more than 80% of the total material .... and at 9.1m tonnes the total is very small .. by any standard, so we need the south deposit ... the ore sorter sounds like a good idea, but we're just playing with Tonka toys in the sandbox if we're only talking about the north deposit (1.4m tonnes, <20% of material identified to date) .. codelco does not seem interested in cutting output, so copper could stay under pressure making it tough to build a mine .. even for this competent crew / an ejido agreement would be good news .. and a reflection of management success of="" material="" identified="" to="" date)="" ..="" codelco="" does="" not="" seem="" interested="" in="" cutting="" output,="" so="" copper="" could="" stay="" under="" pressure="" making="" it="" tough="" to="" build="" a="" mine="" ..="" even="" for="" this="" competent="" crew="" an="" ejido="" agreement="" would="" be="" good="" news="" ..="" and="" a="" reflection="" of="" management="" success="">
Bullboard Posts