GREY:YSSCF - Post by User
Post by
Juniorspecmanon Apr 22, 2017 7:49pm
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Post# 26153487
ALZ.V Next to "Young Davidson" a Giant Gold Mine in Canada
ALZ.V Next to "Young Davidson" a Giant Gold Mine in CanadaThis new gold discovery that Aldershot
(ALZ.V) reported is a short distance south from one of Canada's largest gold producing mines the "Young Davidson Mine"
It is 100 % owned operated by Alamos Gold Inc
(AGI.T) a major gold producer trading at around $10.00 / share on the TSX.
The grades that Aldershot drilled in 2017 are very comparable to what Alamos Gold is mining at the Young Davidson mine.
Aldershot Drill Highlights Drilled (2017) 11.52 m of
1.63 g/t Gold incl. 1.08 m of
6.21 g/t Gold
Drilled (2011)
2.4 g/t over 7.1 m
4.7 g/t over 3.1 m
82.5 g/t over 0.4 m
1.6 g/t over 11.7 m
The Young Davidson Mine | ANNUAL OPERATING DATA | | 2015A | 2016A | 2017E |
| Production | oz Au | 160,358 | 170,000 | 200,000 - 210,000 |
| Cost of Sales2 | US$/oz | $1,162 | $1,087 | $1,050 |
| Total Cash Costs1 | US$/oz | $683 | $657 | $625 |
| Mine-Site All-in Sustaining Costs1 | US$/oz | $986 | $897 | $775 |
| | TONNES
(000) | GRADE
(g/t Au) | CONTAINED
OUNCES |
| Proven & Probable Reserves | 43,220 | 2.65 | 3,687,000 |
| Measured & Indicated Resources3 | 12,531 | 3.09 | 1,246,000 |
| Inferred Resources | 3,555 | 2.75 | 314,000 |
