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Alamos Gold Extends High-Grade Gold Mineralization within Multiple Zones Across the Island Gold Deposit and Two Regional Exploration Targets
TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from its near mine and
About this update from Alamos Gold Inc.
[{"type":"text","content":" TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from its near mine and regional exploration drilling program at Island Gold. Underground exploration drilling continues to extend high-grade gold mineralization across the Island Gold Deposit within the main E1E and C-Zones, as well as several hanging wall and footwall structures in proximity to existing underground infrastructure. Additionally, the regional exploration program has been successful in intersecting high-grade gold mineralization at two early-stage targets. Island Gold Mine – main zone exploration highlights: high-grade mineralization extended outside of Mineral Reserves and Resources in the E1E and C-Zones. These zones are the main structures which host the majority of currently defined Mineral Reserves and Resources at Island Gold. New highlights include1: Island East (E1E-Zone) 95.41 g/t Au (30.42 g/t cut) over 3.02 m (840-578-26); 118.59 g/t Au (61.74 g/t cut) over 2.31 m (1015-640-12); 62.09 g/t Au (61.83 g/t cut) over 2.19 m (840-632-24); and 37.33 g/t Au (33.16 g/t cut) over 2.56 m (840-608-52). Island West (C-Zone) 40.12 g/t Au (40.12 g/t cut) over 2.02 m (790-479-29); 17.23 g/t Au (17.23 g/t cut) over 3.02 m (790-479-22); and 23.79 g/t Au (23.79 g/t cut) over 2.05 m (790-479-20). Island Gold Mine – hanging wall and footwall zone exploration highlights: high-grade gold mineralization continues to be intersected within a number of new and recently defined hanging wall and footwall zones across the main Island Gold Deposit. These zones represent a significant opportunity to add near mine Mineral Reserves and Resources which would be low cost to develop and produce given their proximity to existing infrastructure. New highlights include1: • Island East Footwall Zones NTH4 Zone 168.03 g/t Au (27.88 g/t cut) over 3.14 m (840-632-21); 43.33 g/t Au (24.58 g/t cut) over 2.00 m (840-632-43); 25.94 g/t Au (13.92 g/t cut) over 3.14 m (840-632-32); and 19.55 g/t Au (11.36 g/t cut) over 2.03 m (840-632-25). E1D1 Zone 47.62 g/t Au (20.19 g/t cut) over 2.78 m (945-624-15); 41.40 g/t Au (12.13 g/t cut) over 2.16 m (945-624-16); 22.12 g/t Au (6.17 g/t cut) over 3.77 m (945-624-28); and 17.32 g/t Au (11.84 g/t cut) over 3.81 m (945-624-19A). E1D Zone 17.84 g/t Au (10.07 g/t cut) ...