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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

Comment by Bully88on May 20, 2021 10:16am
108 Views
Post# 33237083

RE:Great read on MAI

RE:Great read on MAIAwesome find here.

This is one of my favorite lines from this analysis

Best in the business.

In our opinion, Minera Alamos is the best builder of heap leach operations in the world with a team that has brought three mines into production in Mexico in the last 13 years. It clearly has a recipe for success and will continue to build, rinse and repeat with its current portfolio (more details on management’s track record below). This is largely the same team behind Castle Gold that developed the El Castillo mine and tripled the resource to over 1,200koz from 400koz before it was acquired by Argonaut, which grew annual production to over 100koz/yr at its peak.



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