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Alamos books new gold in Manitoba and Quebec
['Northern Miner Staff']
Canadian Mining Journal
Alamos Gold (TSX, NYSE: AGI) said recent drilling at its Lynn Lake project in Manitoba and Qiqavik property in northern Quebec located new mineralization at both sites, potentially boosting the resource.
Highlight hole 25LWX082 at Lynn Lake’s Linkwood satellite deposit cut 5 metres grading 21.7 grams gold per tonne from 305 metres depth, Alamos said Wednesday.
At Qiqavik, hole 25QKX014 in the Avinngaq target intersected 8 metres of 3.07 grams gold from 98 metres downhole.
Lynn Lake and Qiqavik are two of the development projects that Toronto-based Alamos is counting on to lift gold production into the next decade.
Drilling intersected gold mineralization at all target areas and 72% of the holes returned grades exceeding 1 gram gold, Alamos said.