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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 GoldenPolarBearon Nov 03, 2024 9:18am
68 Views
Post# 36294151

RE:The Copperstone Gold Mine will be amazing for Minera Alamos

RE:The Copperstone Gold Mine will be amazing for Minera Alamos

I'm hearing a similar tune and Minera Alamos is now searching for funds from the exact same entities that didn't and refused to provide enough funding to the amazing High-Grade GOLD Copperstone Mine and lest we NOT forget the lucrative Footwall zone, the massive golden South-West Target and the three massive pearls each with about as much gold as the Copperstone Mine itself. ( about 2 million au ozs)  They must find new lenders! ORE another decade will be wasted and the high grade 2 million au ozs will never be produced from Copperstone's five massive targets!
 

"...In a press release, Darren Koningen, CEO of Minera Alamos, highlighted Copperstone’s advanced permitting and existing infrastructure, saying they are well suited to the company's growth strategy.

“We are also in discussions with lenders in connection with potentially expanding existing finance facilities to accommodate the development of both Copperstone as well as our Cerro de Oro project in Mexico, which is awaiting permit approvals,” he added, pointing to the complementary nature of the companies' assets. ..."
Good luck with that y Buena Suerte! It was the lack financing that crushed the High-Grade Golden Copperstone Mine and not the lack of GOLD!


https://investingnews.com/minera-alamos-acquire-sabre-gold/

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