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Minera Alamos Announces Santana Mine Operations Update

Rapid Leach Kinetics Continue as Mined Gold Inventory Exceeds Year-End Targets Toronto, Ontar...

articleMinera Alamos Inc.December 7, 20215/company/minera-alamos/news/minera-alamos-announces-santana-mine-operations-update
Minera Alamos Announces Santana Mine Operations Update

About this update from Minera Alamos Inc.

[{"type":"text","content":"Minera Alamos Announces Santana Mine Operations UpdateRapid Leach Kinetics Continue as Mined Gold Inventory Exceeds Year-End TargetsToronto, Ontario and Vancouver, British Columbia--(Newsfile Corp. - December 7, 2021) - Minera Alamos Inc. (TSXV: MAI) (the \"Company\" or \"Minera Alamos\") is pleased to provide an update of the ongoing ramp-up of mining activities at the Santana gold mine in Sonora, Mexico. Through the end of November 2021 in excess of 7,300 ounces of gold have now been placed on the leach pad since the expansion of mining activities was initiated in August; the majority stacked during the 3 months of September, October and November. Mining operations continue to progress with approximately 100,000 tonnes of new mineralized material stacked on the leach pad in each of October and November.Operational highlights through November 30th, 2021Gold inventory on the leach pad (7,330 oz) has exceeded original year-end target levelsCumulative gold recovery from mineralization under leach for more than 30 days is approaching 70% (additional recovery ongoing)Total area of stacked mineralization under active leaching continues to expand and is currently in excess of 50% Reagent consumptions remain low and in line with previous test pad results (<0.2 kg/t NaCN and <2 kg/t lime)\"The results from our early operations at the Santana project continue to impress,\" stated Darren Koningen, CEO. \"Metallurgical extractions have been outstanding to date and despite challenges the build up in gold inventories on the leach pads has exceeded our early expectations. The Company looks forward to providing further updates as the ramp-up in operations approaches its final stages with a goal of achieving steady state performance in the first quarter of 2022.\" Ongoing Gold Extraction and Project Ramp-up PerformanceGold extraction from mineralized material stacked on the Company's leach pad continues to demonstrate rapid leach kinetics similar to those reported previously and in-line with the results demonstrated during earlier test plant operations at site. The total ounces under active leaching operations (more than 30 days) have more than tripled since the Company's previous update (see news release dated November 4th 2021) and the cumulative recovery curve for this area continues to follow an upward trend that is currently approach...

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