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Minera Alamos Announces Santana Project Pit Optimization Drilling Continues to Extend Mineralization
Including 284.8 metres grading 0.69 g/t Au from surface and ending in mineralization Toronto,...
About this update from Minera Alamos Inc.
[{"type":"text","content":"Minera Alamos Announces Santana Project Pit Optimization Drilling Continues to Extend MineralizationIncluding 284.8 metres grading 0.69 g/t Au from surface and ending in mineralizationToronto, Ontario and Vancouver, British Columbia--(Newsfile Corp. - October 4, 2021) - Minera Alamos Inc. (TSXV: MAI) (the \"Company\" or \"Minera Alamos\") is pleased to provide an update on the ongoing pit optimization drilling program at the Nicho complex (Santana gold project) in Sonora, Mexico. In addition, the Company provides updates on various optimization initiatives and studies underway during the ongoing ramp up of gold mining operations.Drilling Highlights (full assays included in table 1)Hole S20-145D - 55.3m grading 1.54 g/t Au from 10.5 m down holeHole S20-147D - 284.8 m grading 0.69 g/t Au from surface and ending in mineralizationHole S20-148D - 277.2 m grading 0.43 g/t Au ending in mineralizationHole S20-149D - 152.7 m grading 0.77 g/t Au from surface (inc. 56.2 m grading 1.39 g/t Au)Hole S20-153D - 48.2 m grading 1.21 g/t Au from 10 m down holeHole S20-158D - 53.7 m grading 0.91 g/t Au from 111 m down hole and ending in mineralizationHole S21-160D - 242.7 m grading 0.51 g/t Au from 41.9 m down holeThe 19 hole program (totaling 4,039m of new drilling) was initiated in late 2020 (following the easing of Covid restrictions) and continued into 2021 running parallel to the construction of the Santana mine. The primary purpose was to further delineate the outer limits of the main Nicho \"pipe\" structure, which is slated to be brought into operation as the current starter pit at Nicho Norte becomes further advanced. A number of holes were also included to follow up on the deeper mineralization located in hole S20-134D (see news release dated April 30th, 2020) that had intersected 0.60 g/t over 247.9 m and was, at the time, one of the few deep holes drilled below 200m depth at the Nicho zone. The program, to date, has been a success and demonstrated that the Nicho deposit remains open to the south and at depth. Drilling results will be combined with those from previous campaigns into the maiden NI43-101 resource statement for the Nicho Complex expected around the end of the year.\"In parallel with the construction and ongoing ramp up of operations at the Santana gold mine, we have continued our exploration activities throughout this high...