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.

TSXV:MAI - Post by User

Minera Alamos Inc > C-TV: CEO on low production in 2023 and growth outlook

<< Previous

Bullboard Posts

Next >>

Comment by nozzpackon Dec 14, 2023 9:31am

118 Views

Post# 35784139

RE:C-TV: CEO on low production in 2023 and growth outlook

Looks like 20,000- 25,000 ounces in 2024 rising to 85,000 ounces in 2025 when the second new mine...Cero de Oro gold mine..kicks in .

What is so impressive with this management team is how, with no dilution and very low capex ...less than $800 per ounce..they have been bringing these new mines onstream .

Following Cero, once fully commissioned , they will bring Fortuna onstream to be followed by yet another .

The most recent target is $1.10 and well deserved..

<< Previous

Bullboard Posts

Next >>

Osisko Development receives permits for Cariboo Gold Project