Minera Alamos Inc V.MAI

Alternate Symbol(s): MAIFF

Metals & Mining Industrial Metals & Minerals

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.

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Minera Alamos Inc > Minera Alamos Announces Santana Mine Operations Update

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Comment by Bully88on Feb 10, 2022 9:46am

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Post# 34416086

RE:Minera Alamos Announces Santana Mine Operations Update

"Gold inventory moved to the leach pad - 9,100 oz"

Would someone be able to clarigy something for me?

what will this relate too in terms of actual gold poured and sold.

If we have 9,100 ounces of gold, does this in term result in 9,100oz x $1800 = $16,380,000

thanks for any insight.

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