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Alamos Gold Receives Encouraging Results from El Victor North

Alamos Gold has announced that it has received encouraging results from the exploration program conducted at the El Victor North.

The exploration target area, El Victor North, is adjacent with and towards the northern part of the Mulatos pit’s El Victor part. The company did not drill the north pit wall and the El Victor North region during the definition drill program conducted at the El Victor reserve. After a 12-year break, the company granted access to the El Victor North during July 2011.

The company drilled 16,200 m, totaling 124 holes, at El Victor North and El Victor during 2011. It has completed drilling of further 24 holes in 2012 and is continuing the drill program. Mineralization located at the El Victor North is the expansion of El Victor reserve mineralization towards the northwest direction. This is present in silica alteration that is similar to the El Victor deposit. The strike length of the El Victor North is more than 300 m and stays exposed towards the northern part. The El Victor North has the capacity to extend the reserves along the Escondida’s north border to El Victor trend. The company’s new drilling results have shown the capability of expanding the El Victor pit west and north of the present outline of the pit design.

Alamos Gold previously intersected 1.71 g/t gold over 44.2 m in 11EV150, 4.98 g/t gold over 50.3 m in 12EV173, 2.61 g/t gold over 44.2 m in 12EV176, 1.59 g/t gold over 45.7 m in 12EV182 and 1.98 g/t gold over 54.6 m in 11VT037 during 2011 and 2012.

Recently, the company conducted drilling program at the El Victor North and cut 2.40 g/t gold over 59.5 m in 11EV119, 4.72 g/t gold over 45.7 m in 11EV120, 1.78 g/t gold over 29.0 m in 11EV124, 1.53 g/t gold over 53.4 m in 11EV126, 2.58 g/t gold over 59.5 m in 11EV132 and 4.27 g/t gold over 16.8 m in 11EV134.

Source: http://www.alamosgold.com/

Joel Scanlon

Written by

Joel Scanlon

Joel emigrated to Australia in 1995 and worked for five years in the mining industry as an exploration geotechnician, using GIS mapping and CAD software. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm. After that, he ran a successful business providing web services to businesses along the eastern seaboard of Australia. During this time, he developed and launched News-Medical.Net. Joel has been working with AZoNetwork since the company was founded in 2000.

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