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Alamos Gold Continues To Intersect High-Grade Mineralization At Island Gold

Mining News - Published on Wed, 12 Jun 2019

Image Source: globenewswire.com
Alamos Gold Inc reported new results from surface exploration drilling at the Island Gold Mine, further extending high-grade gold mineralization. All reported drill widths are true width of the mineralized zones, unless otherwise stated. Mr John A McCluskey, President and Chief Executive Officer, said that “Island Gold continues to be a tremendous success story on all fronts. We just received the Phase II expansion permit this past month and ongoing exploration success continues to support strong potential for additional growth in mineral reserves and resources and a Phase III expansion of the operation. We’re extending high-grade mineralization across all three areas of focus and see excellent potential within the recently discovered area between the Main and Eastern Extensions where we are continuing to close the gap between high-grade resources.”

Eastern Extension: additional high-grade mineralization intersected in the previously untested area between the Eastern and Main Extensions. All five intersections drilled to date in this recently discovered area have intersected ore grade gold mineralization. This area is located within a 500 meter gap between Inferred Mineral Resource blocks, and is only 1,000 meter from surface and relatively close to existing infrastructure.

New highlights include:

102.74 gram per tonne Au over 3.94 meter

31.66 gram per tonne Au over 2.95 meter

Main Extension: high-grade mineralization extended 90 m east from the nearest previously reported intersection. High-grade mineralization has been extended over 1,000 m east of current mine workings and remains open along strike to the east and both up and down-plunge.

New highlights include:

24.08 gram per tonne Au over 6.27 meter

6.01 gram per tonne Au over 9.97 meter

Source :

Posted By : Rabi Wangkhem on Wed, 12 Jun 2019
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