Alamos Gold Inc. (TSX:AGI) (NYSE:AGI) (“Alamos” or
the “Company”) today reported new results from the ongoing surface
and underground exploration drilling programs at the Island Gold
Mine. Early results from the 2018 exploration program have been
successful in extending high-grade gold mineralization along-strike
and down-plunge from existing Mineral Reserves and Resources across
three main areas of focus: the Main Extension; the Eastern
Extension; and the Western Extension. All reported lengths are true
width of the mineralized zones.
• Main Extension: step-out drilling
continues to intersect high-grade gold mineralization which extends
up to 900 metres (“m”) east of current Mineral Reserves, and
remains open down-plunge. New highlights include:
- 32.06 g/t
Au (14.18 g/t cut) over 4.10 m;
- 17.10 g/t Au (12.72 g/t
cut) over 6.33 m; and
- 14.89 g/t Au (10.18 g/t
cut) over 3.40 m.
• Eastern Extension: high-grade mineralization extended
east outside of Inferred Mineral Resources and remains open
down-plunge. New highlights include:
- 71.27 g/t Au (42.14 g/t cut) over 4.92
m;
- 44.28 g/t Au (30.55 g/t cut) over 5.97 m;
- 47.68 g/t Au (19.26 g/t cut) over 3.69 m;
and
- 35.15 g/t Au (13.42 g/t cut) over 4.29 m.
• Western Extension: high-grade mineralization
intersected outside of Inferred Mineral Resources, extending
mineralization down-plunge. New highlights include:
- 31.54 g/t Au (31.54 g/t cut) over 5.07 m.
• Infill drilling of Inferred Mineral Resources returns
high-grade intersections, confirming continuity of mineralization
which is expected to support Mineral Resource conversion.
New highlights include:
- 127.90 g/t Au (69.18 g/t cut) over
6.38 m;
- 58.80 g/t Au (44.22 g/t cut) over 8.78 m;
- 134.37 g/t Au (15.48 g/t cut) over 3.04
m;
- 95.48 g/t Au (25.02 g/t cut) over 2.86 m;
- 93.55 g/t Au (18.59 g/t cut) over 2.66 m;
- 53.37 g/t Au (46.54 g/t cut) over 3.94 m;
- 30.37 g/t Au (30.37 g/t cut) over 6.36 m;
and
- 41.30 g/t Au (22.85 g/t cut) over 4.64 m.
• Exploration budget increased 20% to $18 million for
2018. Two additional surface rigs have been mobilized,
bringing the total number of surface rigs to
six
Note: Drillhole composite intervals reported as “cut” include
higher grade samples which have been cut to 225 g/t Au, 80 g/t Au,
or 70 g/t Au depending on the zone. Refer to drill hole
composite interval summary tables in this release for more
information.
“Island Gold continues to exceed expectations.
2017 exploration increased Mineral Reserves in both size and
quality. Results this year are demonstrating the potential to
enlarge the Mineral Resource across multiple extensions of the ore
body. We have increased our exploration budget to fund eight drill
rigs to accelerate our drilling progress through the remainder of
the year,” said John A. McCluskey, President and Chief Executive
Officer.
2018 Island Gold Mine Exploration Budget
Increased
Reflecting the exploration success to start the
year, the 2018 exploration budget for Island Gold has been
increased to $18 million, up from the initial budget of $15
million. This includes the addition of two surface drill rigs,
bringing the total number of surface drills to six.
The 2018 exploration drilling program continues
to build on the positive results from the 2017 program which
resulted in an 18% increase in mineral reserves to 887,000 ounces
(2.7 million tonnes grading 10.20 g/t Au), net of mining depletion,
and an 11% increase in grade to 10.20 g/t Au (as of December 31,
2017). This is a continuation of a strong trend since 2014 which
has seen Mineral Reserves increase by 383% in terms of ounces, and
60% in terms of grade. A major part of this growth was a result of
the successful ongoing directional exploration drilling program
started in 2015 which focused on upgrading a portion of the large
Inferred Mineral Resource base.
2018 Drilling Program – Island Gold Mine
The 2018 exploration drilling program is
targeting three main areas along the two kilometre long Island
Deposit Main Zone, as shown in Figure 1. The focus is on expanding
the down-plunge and lateral extensions of the Island Gold Deposit
with the objective of adding new near-mine Mineral Resources.
Drill holes in the Main and Western Extension
areas are testing high-grade, east-plunging shoots below existing
Mineral Reserves and Resources. Drill holes in the Eastern
Extension are exploring for additional plunging shoots along strike
beyond existing Mineral Reserves and Resources.
With the expanded exploration budget, 45,000 m
of surface directional exploration drilling is now planned for
2018, up from 33,000 m. The 2018 program also includes 30,000 m for
underground exploration drilling, 35,000 m for underground
delineation drilling, and 15,000 m for regional exploration
drilling.
The underground delineation drilling program is
focused on converting Inferred Mineral Resources into Indicated
Mineral Resources. This drilling is being conducted primarily from
the 620 and 840 levels.
Drilling completed to date in 2018 includes 115
drill holes for a total of 33,800 m. This includes 13,850 m of
surface exploration drilling, 12,550 m of underground exploration
drilling and 7,400 m of underground delineation drilling.
Main Extension
Exploration drilling in the Main Extension area is targeting the
down-plunge continuation of gold mineralization below existing
Mineral Reserves and Resources (Figure 2). Previously
released drilling completed in 2017 in this area intersected:
- 32.41 g/t Au (19.85 g/t cut) over 8.40 m
(MH8-4);
- 23.23 g/t Au (11.67 g/t cut) over 9.42 m
(MH2A-12);
- 11.36 g/t Au (11.36 g/t cut) over 3.57 m
(MH10-3); and
- 46.81 g/t Au (20.60 g/t cut) over 1.97 m
(MH10-2).
The 2018 surface drilling program continues to
expand gold mineralization, currently intersected up to 900 m
down-plunge from existing Mineral Reserves with a drill hole
spacing ranging from 75 to 100 m (Figure 2).
Highlights from the new results include (Table
1):
- 32.06 g/t Au (14.18 g/t cut) over 4.10
m (MH9-9);
- 17.10 g/t Au (12.72 g/t cut) over 6.33 m
(MH9-7); and
- 14.89 g/t Au (10.18 g/t cut) over 3.40 m
(MH11-5).
This east-plunging high-grade ore shoot remains
open down-plunge. The ongoing exploration program is focused on
further extending high-grade mineralization with the objective of
defining additional Mineral Resources in this area. A program of
directional drilling (pilot and branch holes) is being used to
efficiently explore targets below 1,000 m from surface.
Western Extension
Surface drilling recently commenced in the
Western Extension area, having last been drilled in early 2017
(Figure 3). Drilling in this area is targeting down-plunge of an
Inferred Mineral Resource block that includes previously released
high-grade drill hole intersections as follows:
- 117.57 g/t Au (49.61 g/t Au cut) over 8.97 m
(510-480-12);
- 42.77 g/t Au (42.77 cut) over 4.04 m true
width (740-471-35);
- 38.62 g/t Au (38.62 cut) over 2.42 m true
width (740-477-40); and
- 16.23 g/t Au (16.23 cut) over 4.41 m true
width (425-487-08).
The first down-plunge step-out drill hole of
2018 (MH5-5A) intersected 31.54 g/t Au (cut) over 5.07
m, further expanding this western high-grade shoot.
Drilling will continue to test the Western
Extension area using 75 to 100 m spaced step-out drilling with the
objective of expanding the high-grade mineralization where it
remains open both laterally and down-plunge. A program of
directional drilling (pilot and branch holes) is being used to
efficiently explore these targets below 1,000 m from surface.
Eastern Extension
An objective of the 2018 underground exploration
drilling program is to expand the high-grade zone defined from
exploration drifts established at the eastern extent of the Island
Gold Mine underground infrastructure (Figure 4).
Drilling from the 620 exploration drift has continued to expand
the high-grade mineralization at depth and to the east and it
remains open in both directions.
Highlights from the new results include (Table 2):
- 71.27 g/t Au (42.14 g/t cut) over 4.92
m (620-592-35);
- 44.28 g/t Au (30.55 g/t cut) over 5.97 m
(620-592-36);
- 47.68 g/t Au (19.26 g/t cut) over 3.69 m
(620-592-33);
- 35.15 g/t Au (13.42 g/t cut) over 4.29 m
(620-592-19);
- 48.56 g/t Au (32.08 g/t cut) over 2.94 m
(620-592-21);
- 30.99 g/t Au (21.55 g/t cut) over 3.97 m
(620-592-37); and
- 22.22 g/t Au (14.10 g/t cut) over 5.40 m
(620-592-31).
A potential down-plunge extension of this shoot
to the east and at depth is supported by previously reported
surface drills holes which intersected (Figure 4):
- 17.85 g/t Au (14.25 g/t cut) over 2.18m
(GD-620-01);
- 57.43 g/t Au (25.37 g/t cut) over 4.37 m
(GD-630-01);
- 18.03 g/t Au (14.16 g/t cut) over 11.53m
(GD-640-05);
- 15.20 g/t Au (8.16 g/t cut) over 2.06 m
(GD-640-04); and
- 43.26 g/t Au (11.72 g/t cut) over 2.13m
(GD-640-05-5).
Drilling will continue to test east of this area
in 2018 from underground drill bays established on the 340 and 620
level exploration drifts.
Underground Delineation
Drilling
Underground delineation drilling is also being
carried out from the 620 and 840 levels with the focus on
converting Inferred Mineral Resources to Indicated Mineral
Resources.
New highlight drill intercepts include (Table
3):
Drill holes from 840 level (Figure 5):
- 127.90 g/t Au (69.18 g/t cut) over 6.38 m
(840-533-18);
- 58.80 g/t Au (44.22 g/t cut) over 8.78 m
(840-524-26);
- 53.37 g/t Au (46.54 g/t cut) over 3.94 m
(840-533-21);
- 30.37 g/t Au (30.37 g/t cut) over 6.36 m
(840-533-19);
- 39.87 g/t Au (39.87 g/t cut) over 4.65 m
(840-529-25);
- 50.22 g/t Au (44.15 g/t cut) over 3.74 m
(840-524-28);
- 33.55 g/t Au (33.55 g/t cut) over 3.88 m
(840-533-15); and
- 33.26 g/t Au (33.26 g/t cut) over 3.78 m
(840-533-23).
Drill holes from 620 level (Figure 4):
- 134.37 g/t Au (15.48 g/t cut) over 3.04 m
(620-592-05);
- 95.48 g/t Au (25.02 g/t cut) over 2.86 m
(620-592-16);
- 93.55 g/t Au (18.59 g/t cut) over 2.66 m
(620-592-39);
- 41.30 g/t Au (22.85 g/t cut) over 4.64 m
(620-592-03);
- 54.93 g/t Au (19.69 g/t cut) over 3.13 m
(620-592-06);
- 48.19 g/t Au (20.64 g/t cut) over 2.98 m
(620-592-07);
- 59.85 g/t Au (15.08 g/t cut) over 2.06 m
(620-586-09); and
- 24.75 g/t Au (21.99 g/t cut) over 3.26 m
(620-592-17).
The results from the infill definition drilling
within existing Inferred Mineral Resource blocks confirm the
continuity of the high-grade gold mineralization and are expected
to support the conversion of the Mineral Resources in these
areas.
Hanging Wall Zones
The Island Gold deposit consists of a number of
subparallel mineralized zones, with the majority of Mineral
Reserves and Resources being defined in the C Zone and E1E Zones
which constitutes the main production horizons at the Island Gold
mine. Highlights of new intersections in parallel zones and
zones in which the lateral continuity is not yet established (“X”
zone) include:
- 153.69 g/t Au (46.15 g/t cut) over 2.82 m (D1
Zone, 840-533-26);
- 68.06 g/t Au (15.44 g/t cut) over 2.51 m (X
Zone, 620-592-15);
- 24.98 g/t Au (6.11 g/t cut) over 5.23 m (X
Zone, 620-592-15);
- 95.46 g/t Au (95.46 g/t cut) over 1.16 m (X
Zone, MH11-6); and
- 31.71 g/t Au (27.61 g/t cut) over 3.26 m (X
Zone, LC-415-04-2).
Additional drilling will be required to further
evaluate these high-grade intersections and their potential in both
the footwall and hanging wall of the main C and E1E Zones.
Surface Regional Exploration
Drilling
A 15,000 m drill program is planned later in
2018 which will drill test targets along the Goudreau Deformation
Zone to the west of the main Island Gold Mine deposit. Drilling is
also planned to test a previous high grade intercept of 9.71 g/t Au
(cut) over 5.95 m below the Kremzar gold deposit.
Qualified Persons
Chris Bostwick, FAusIMM, Alamos Gold’s Vice
President, Technical Services, has reviewed and approved the
scientific and technical information contained in this news
release. Chris Bostwick is a Qualified Person within the meaning of
Canadian Securities Administrator’s National Instrument 43-101 (“NI
43-101”).
Exploration programs at the Island Gold Mine are
directed by Raynald Vincent, P.Eng., M.G.P., Chief Geologist at the
Island Gold Mine and a Qualified Person within the meaning of NI
43-101.
Quality Control
Assays for the delineation and exploration drilling were done at
LabExpert in Rouyn-Noranda, PQ. The Corporation inserts at regular
intervals quality control (QC) samples (blanks and reference
materials) to monitor laboratory performance. Cross check assays
are done on a regular basis in a second accredited laboratory.
About Alamos
Alamos is a Canadian-based intermediate gold producer with
diversified production from four operating mines in North America.
This includes the Young-Davidson and Island Gold mines in northern
Ontario, Canada and the Mulatos and El Chanate mines in Sonora
State, Mexico. Additionally, the Company has a significant
portfolio of development stage projects in Canada, Mexico, Turkey,
and the United States. Alamos employs more than 1,700 people and is
committed to the highest standards of sustainable development. The
Company’s shares are traded on the TSX and NYSE under the symbol
“AGI”.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Scott K. Parsons Vice President,
Investor Relations(416) 368-9932 x 5439
The TSX and NYSE have not reviewed and do not accept
responsibility for the adequacy or accuracy of this release.
Cautionary Note
This News Release includes certain statements
that constitute forward-looking information within the meaning of
applicable securities laws "forward-looking statements". All
statements in this news release, other than statements of
historical fact, which address events, results, outcomes or
developments that Alamos expects to occur are “forward-looking
statements”. Forward-looking statements are generally, but not
always, identified by the use of forward-looking terminology such
as "expects", is expected", "anticipates", "plans" or “is planned”,
“trends”, "estimates", "intends" or “potential” or variations of
such words and phrases and similar expressions or statements that
certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved or the negative
connotation of such terms. Forward-looking statements in this news
release include the statements with respect to planned exploration
programs, costs and expenditures, changes in Mineral Resources and
conversion of Mineral Resources to Proven and Probable Mineral
Reserves, and other information that is based on forecasts and
projections of future operational, geological or financial results,
estimates of amounts not yet determinable and assumptions of
management.
Exploration results that include geophysics,
sampling, and drill results on wide spacings may not be indicative
of the occurrence of a mineral deposit. Such results do not provide
assurance that further work will establish sufficient grade,
continuity, metallurgical characteristics and economic potential to
be classed as a category of Mineral Resource. A Mineral Resource
that is classified as "Inferred" or "Indicated" has a great amount
of uncertainty as to its existence and economic and legal
feasibility. It cannot be assumed that any or part of an "Indicated
Mineral Resource" or "Inferred Mineral Resource" will ever be
upgraded to a higher category of Mineral Resource. Investors are
cautioned not to assume that all or any part of mineral deposits in
these categories will ever be converted into Proven and Probable
Mineral Reserves.
The risks and uncertainties that may cause
actual results to differ materially from Alamos' expectations
include, among others, risks related to obtaining the permits
required to carry out planned exploration or development work, the
actual results of current exploration activities, conclusions of
economic and geological evaluations and changes in project
parameters as plans continue to be refined, changes to the price of
gold, as well as those factors discussed in the section entitled
"Risk Factors" in Alamos' Annual Information Form and other
disclosures by Alamos and its predecessors available on SEDAR and
EDGAR. Although Alamos has attempted to identify important factors
that could cause actual results to differ materially, there may be
other factors that cause results not to be as anticipated,
estimated or intended. Readers are cautioned not to put undue
reliance on forward-looking statements which are not guarantees of
future events, and speak only as of the date made. All of the
forward-looking statements made in this press release are qualified
by these cautionary statements.
Cautionary Note to U.S. Investors –
Mineral Reserve and Resource Estimates
All Mineral Resource and Reserve estimates
included in this news release or documents referenced in this news
release have been prepared in accordance with Canadian National
Instrument 43-101 - Standards of Disclosure for Mineral Projects
("NI 43-101") and the Canadian Institute of Mining, Metallurgy and
Petroleum (the "CIM") - CIM Definition Standards on Mineral
Resources and Mineral Reserves, adopted by the CIM Council, as
amended (the "CIM Standards"). NI 43-101 is a rule developed by the
Canadian Securities Administrators, which established standards for
all public disclosure an issuer makes of scientific and technical
information concerning mineral projects. The terms "Mineral
Reserve", "Proven Mineral Reserve" and "Probable Mineral Reserve"
are Canadian mining terms as defined in accordance with NI 43-101
and the CIM Standards. These definitions differ materially from the
definitions in SEC Industry Guide 7 ("SEC Industry Guide 7") under
the United States Securities Act of 1933, as amended, and the
Exchange Act. Under SEC Industry Guide 7 standards, a "final" or
"bankable" feasibility study is required to report reserves, the
three-year historical average price is used in any reserve or cash
flow analysis to designate reserves and the primary environmental
analysis or report must be filed with the appropriate governmental
authority.
In addition, the terms "Mineral Resource",
"Measured Mineral Resource", "Indicated Mineral Resource" and
"Inferred Mineral Resource" are defined in and required to be
disclosed by NI 43-101 and the CIM Standards; however, these terms
are not defined terms under SEC Industry Guide 7 and are normally
not permitted to be used in reports and registration statements
filed with the U.S. Securities and Exchange Commission (the "SEC").
Investors are cautioned not to assume that all or any part of
mineral deposits in these categories will ever be converted into
Mineral Reserves. "Inferred Mineral Resources" have a great amount
of uncertainty as to their existence, and great uncertainty as to
their economic and legal feasibility. It cannot be assumed that all
or any part of an Inferred Mineral Resource will ever be upgraded
to a higher category. Under Canadian rules, estimates of Inferred
Mineral Resources may not form the basis of feasibility or
pre-feasibility studies, except in very limited circumstances.
Investors are cautioned not to assume that all or any part of an
Inferred Mineral Resource exists or is economically or legally
mineable. Disclosure of "contained ounces" in a Mineral Resource is
permitted disclosure under Canadian regulations; however, the SEC
normally only permits issuers to report mineralization that does
not constitute "reserves" by SEC standards as in place tonnage and
grade without reference to unit measures.
Figure 1: Island Gold Mine Main Zone Longitudinal – 2018
Drilling Target Areas
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/af280ca2-6c69-42aa-b903-9803a2717130
Figure 2: Island Gold Mine Main Zone Longitudinal – Main
Extension
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/f4bd4b4b-2708-4d4e-9e2d-941562108226
Figure 3: Island Gold Mine Main Zone Longitudinal –
Western Extension
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/9b168c98-9142-4ec7-8741-9d3bd9b127ab
Figure 4: Island Gold Mine Main Zone Longitudinal –
Eastern Extension
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/33a4ba29-2be2-4cde-a829-15064e1ec68e
Figure 5: Island Gold Mine Main Zone Longitudinal – 840
Level Delineation Drilling
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/b8e74771-620d-4190-a887-697bb6914271
Table 1: Island Gold – Previously
Unreleased Select Composite Intervals from Surface Exploration
Drilling
Composite intervals
greater than 3 g/t Au weighted average, capping values per
zone: Zone C @ 225 g/t Au; Zone E1E @ 70 g/t Au. Target
area: Main Extension (Main Ext), Western Extension (Western
Ext), Western Strike Extension (WSE)
Hole ID |
Zone |
Target Area |
From (m) |
To (m) |
Vertical Depth |
Core Length (m) |
True Width (m) |
Au Uncut (g/t) |
Au Cut (g/t) |
MH5-5A |
C |
Western Ext |
1,363.30 |
1,369.90 |
1,184 |
6.60 |
5.07 |
31.54 |
31.54 |
MH9-6 |
E1E |
Main Ext |
1,502.30 |
1,505.60 |
1,432 |
3.30 |
2.34 |
6.11 |
6.11 |
MH9-7 |
E1E |
Main Ext |
1,454.65 |
1,462.20 |
1,397 |
7.55 |
6.33 |
17.10 |
12.72 |
MH9-9 |
E1E |
Main Ext |
1,529.00 |
1,535.40 |
1,476 |
6.40 |
4.10 |
32.06 |
14.18 |
MH10-4 |
E1E |
Main Ext |
1,478.30 |
1,483.20 |
1,362 |
4.90 |
4.40 |
4.43 |
4.43 |
MH10-6 |
E1E |
Main Ext |
1,536.80 |
1,541.50 |
1,433 |
4.70 |
3.45 |
6.59 |
6.59 |
MH11-5 |
E1E |
Main Ext |
1,498.70 |
1,503.40 |
1,371 |
4.70 |
3.40 |
14.89 |
10.18 |
LC-415-04-01 |
X |
WSE |
906.50 |
910.25 |
875 |
3.75 |
2.65 |
3.70 |
3.70 |
LC-415-04-01 |
X |
WSE |
984.50 |
989.00 |
950 |
4.50 |
2.80 |
13.06 |
13.06 |
LC-415-04-04 |
X |
WSE |
941.70 |
947.40 |
907 |
5.70 |
3.91 |
5.83 |
5.83 |
LC-415-04-2 |
X |
WSE |
964.60 |
969.10 |
929 |
4.50 |
3.26 |
31.71 |
27.61 |
LC-415-04-3 |
X |
WSE |
945.50 |
953.00 |
917 |
7.50 |
4.60 |
11.02 |
7.70 |
LC-415-04-3 |
X |
WSE |
1,448.90 |
1,454.80 |
1,398 |
5.90 |
3.84 |
6.92 |
4.95 |
LC-415-04-3 |
X |
WSE |
1,471.70 |
1,474.10 |
1,416 |
2.40 |
1.56 |
6.85 |
6.85 |
MH9-5A |
X |
Main Ext |
1,556.64 |
1,558.30 |
1,471 |
1.66 |
0.94 |
34.31 |
23.27 |
MH9-9 |
X |
Main Ext |
1,518.50 |
1,524.10 |
1,465 |
5.60 |
3.58 |
7.72 |
7.72 |
MH10-4 |
X |
Main Ext |
1,315.67 |
1,317.40 |
1,218 |
1.73 |
1.54 |
12.75 |
12.75 |
MH10-4 |
X |
Main Ext |
1,498.00 |
1,505.70 |
1,380 |
7.70 |
6.92 |
5.26 |
4.15 |
MH10-5 |
X |
Main Ext |
1,716.00 |
1,719.65 |
1,624 |
3.65 |
2.41 |
10.45 |
10.45 |
MH10-6 |
X |
Main Ext |
1,553.80 |
1,558.20 |
1,449 |
4.40 |
3.23 |
12.03 |
10.96 |
MH10-6 |
X |
Main Ext |
1,584.70 |
1,587.00 |
1,476 |
2.30 |
1.69 |
11.92 |
11.92 |
MH11-4A |
X |
Main Ext |
1,220.60 |
1,221.10 |
1,068 |
0.50 |
0.35 |
3.09 |
3.09 |
MH11-5 |
X |
Main Ext |
1,600.15 |
1,601.75 |
1,462 |
1.60 |
1.16 |
27.98 |
27.98 |
MH11-6 |
X |
Main Ext |
1,398.20 |
1,399.80 |
1,281 |
1.60 |
1.16 |
95.46 |
95.46 |
Table 2: Island Gold – Previously
Unreleased Select Composite Intervals from Underground Exploration
Drilling
Composite intervals greater than 3 g/t Au
weighted average, capping values per zone: E1E @ 70 g/t Au; Zone X
@ 70 g/t. Target areas: Eastern Extension (Eastern
Ext)
Hole ID |
Zone |
Target Area |
From (m) |
To (m) |
Vertical Depth |
Core Length (m) |
True Width (m) |
Au Uncut (g/t) |
Au Cut (g/t) |
620-568-03 |
E1E |
Eastern Ext |
103.40 |
106.00 |
536 |
2.60 |
2.32 |
15.66 |
14.53 |
620-568-05 |
E1E |
Eastern Ext |
101.20 |
104.00 |
568 |
2.80 |
2.88 |
7.97 |
7.97 |
620-568-12 |
E1E |
Eastern Ext |
158.05 |
161.20 |
627 |
3.15 |
2.36 |
10.68 |
10.68 |
620-568-21 |
E1E |
Eastern Ext |
196.50 |
204.85 |
686 |
8.35 |
4.97 |
5.69 |
5.69 |
620-568-23 |
E1E |
Eastern Ext |
113.40 |
116.70 |
506 |
3.30 |
2.84 |
5.60 |
5.60 |
620-592-10 |
E1E |
Eastern Ext |
100.50 |
103.30 |
598 |
2.80 |
2.33 |
8.48 |
8.48 |
620-592-11 |
E1E |
Eastern Ext |
206.50 |
213.00 |
706 |
6.50 |
4.65 |
7.38 |
7.38 |
620-592-13 |
E1E |
Eastern Ext |
81.80 |
86.90 |
560 |
5.10 |
5.06 |
4.80 |
4.80 |
620-592-15 |
E1E |
Eastern Ext |
130.50 |
134.00 |
626 |
3.50 |
2.20 |
39.16 |
25.30 |
620-592-18 |
E1E |
Eastern Ext |
83.40 |
88.50 |
573 |
5.10 |
5.00 |
6.09 |
6.09 |
620-592-19 |
E1E |
Eastern Ext |
213.00 |
219.90 |
716 |
6.90 |
4.29 |
35.15 |
13.42 |
620-592-20 |
E1E |
Eastern Ext |
88.40 |
92.90 |
527 |
4.50 |
4.17 |
10.07 |
8.59 |
620-592-21 |
E1E |
Eastern Ext |
110.20 |
115.00 |
611 |
4.80 |
2.94 |
48.56 |
32.08 |
620-592-25 |
E1E |
Eastern Ext |
164.10 |
167.80 |
656 |
3.70 |
2.31 |
3.65 |
3.65 |
620-592-26 |
E1E |
Eastern Ext |
205.70 |
211.70 |
701 |
6.00 |
2.93 |
4.89 |
4.89 |
620-592-27 |
E1E |
Eastern Ext |
232.10 |
240.10 |
731 |
8.00 |
4.46 |
6.27 |
6.27 |
620-592-29 |
E1E |
Eastern Ext |
84.70 |
90.80 |
530 |
6.10 |
5.15 |
7.32 |
7.32 |
620-592-31 |
E1E |
Eastern Ext |
95.20 |
101.90 |
594 |
6.70 |
5.40 |
22.22 |
14.10 |
620-592-32 |
E1E |
Eastern Ext |
144.00 |
149.55 |
638 |
5.55 |
2.59 |
3.00 |
3.00 |
620-592-33 |
E1E |
Eastern Ext |
83.30 |
87.00 |
557 |
3.70 |
3.69 |
47.68 |
19.26 |
620-592-35 |
E1E |
Eastern Ext |
84.00 |
89.10 |
577 |
5.10 |
4.92 |
71.27 |
42.14 |
620-592-36 |
E1E |
Eastern Ext |
105.40 |
111.50 |
608 |
6.10 |
5.97 |
44.28 |
30.55 |
620-592-37 |
E1E |
Eastern Ext |
252.00 |
258.80 |
758 |
6.80 |
3.97 |
30.99 |
21.55 |
620-592-10 |
X |
Eastern Ext |
29.40 |
33.00 |
599 |
3.60 |
2.94 |
7.74 |
7.74 |
620-592-11 |
X |
Eastern Ext |
45.00 |
51.30 |
625 |
6.30 |
5.31 |
5.02 |
5.02 |
620-592-15 |
X |
Eastern Ext |
40.70 |
46.00 |
608 |
5.30 |
5.23 |
24.98 |
6.11 |
620-592-15 |
X |
Eastern Ext |
145.20 |
149.20 |
628 |
4.00 |
2.51 |
68.06 |
15.44 |
Table 2 Continued: Island Gold –
Previously Unreleased Select Composite Intervals from Underground
Exploration Drilling
Hole ID |
Zone |
Target Area |
From (m) |
To (m) |
Vertical Depth |
Core Length (m) |
True Width (m) |
Au Uncut (g/t) |
Au Cut (g/t) |
620-592-19 |
X |
Eastern Ext |
48.40 |
53.40 |
628 |
5.00 |
2.89 |
10.56 |
10.56 |
620-592-21 |
X |
Eastern Ext |
52.50 |
67.50 |
606 |
15.00 |
9.01 |
3.72 |
3.72 |
620-592-26 |
X |
Eastern Ext |
51.75 |
59.50 |
628 |
7.75 |
3.54 |
6.76 |
6.76 |
620-592-27 |
X |
Eastern Ext |
50.80 |
55.00 |
630 |
4.20 |
2.23 |
3.83 |
3.83 |
620-592-30 |
X |
Eastern Ext |
63.20 |
65.50 |
575 |
2.30 |
1.98 |
13.47 |
13.47 |
620-592-31 |
X |
Eastern Ext |
60.80 |
64.90 |
596 |
4.10 |
3.67 |
21.07 |
21.07 |
620-592-32 |
X |
Eastern Ext |
42.00 |
51.00 |
612 |
9.00 |
3.89 |
6.35 |
6.35 |
620-592-33 |
X |
Eastern Ext |
63.00 |
69.00 |
566 |
6.00 |
5.98 |
4.92 |
4.92 |
620-592-34 |
X |
Eastern Ext |
42.00 |
51.30 |
616 |
9.30 |
9.17 |
6.60 |
6.60 |
620-592-36 |
X |
Eastern Ext |
41.80 |
59.10 |
604 |
17.30 |
14.18 |
4.38 |
4.38 |
620-592-37 |
X |
Eastern Ext |
45.00 |
49.80 |
630 |
4.80 |
3.91 |
5.71 |
5.71 |
Table 3: Island Gold – Previously
Unreleased Select Composite Intervals from Underground Delineation
Drilling
Composite intervals greater than 3 g/t Au
weighted average, capping values per zone: Zone C @ 225 g/t Au;
Zone E1E @ 70 g/t Au; Zone B @ 80 g/t Au; Zone D1 @ 70 g/t Au; Zone
X @ 70 g/t Au. Target area: Main Extension (Main Ext),
Eastern Extension (Eastern Ext)
Hole ID |
Zone |
Target Area |
From (m) |
To (m) |
Vertical Depth |
Core Length (m) |
True Width (m) |
Au Uncut (g/t) |
Au Cut (g/t) |
620-543-55 |
E1E |
Eastern Ext |
125.00 |
127.50 |
576 |
2.50 |
2.47 |
4.39 |
4.39 |
620-586-01 |
E1E |
Eastern Ext |
146.90 |
151.00 |
450 |
4.10 |
2.10 |
7.50 |
7.50 |
620-586-02 |
E1E |
Eastern Ext |
124.20 |
127.40 |
476 |
3.20 |
2.17 |
14.28 |
14.28 |
620-586-09 |
E1E |
Eastern Ext |
134.85 |
138.60 |
463 |
3.75 |
2.06 |
59.85 |
15.08 |
620-586-11 |
E1E |
Eastern Ext |
105.10 |
108.20 |
500 |
3.10 |
2.32 |
21.69 |
11.80 |
620-586-16 |
E1E |
Eastern Ext |
139.53 |
143.90 |
459 |
4.37 |
2.13 |
13.12 |
13.12 |
620-586-17 |
E1E |
Eastern Ext |
116.50 |
120.10 |
485 |
3.60 |
2.33 |
3.66 |
3.66 |
620-586-18 |
E1E |
Eastern Ext |
108.80 |
112.00 |
498 |
3.20 |
2.30 |
3.81 |
3.81 |
620-586-19 |
E1E |
Eastern Ext |
99.00 |
103.00 |
515 |
4.00 |
3.11 |
3.65 |
3.65 |
620-586-29 |
E1E |
Eastern Ext |
116.80 |
120.80 |
615 |
4.00 |
2.72 |
3.50 |
3.50 |
620-586-31 |
E1E |
Eastern Ext |
229.60 |
233.60 |
733 |
4.00 |
2.28 |
3.13 |
3.13 |
620-586-34 |
E1E |
Eastern Ext |
190.75 |
197.00 |
681 |
6.25 |
2.61 |
16.46 |
11.48 |
620-592-01 |
E1E |
Eastern Ext |
124.90 |
130.85 |
472 |
5.95 |
3.75 |
16.70 |
13.41 |
620-592-02 |
E1E |
Eastern Ext |
113.40 |
117.00 |
485 |
3.60 |
2.68 |
17.23 |
17.23 |
620-592-03 |
E1E |
Eastern Ext |
90.60 |
95.70 |
519 |
5.10 |
4.64 |
41.30 |
22.85 |
620-592-04 |
E1E |
Eastern Ext |
132.70 |
136.50 |
463 |
3.80 |
2.24 |
23.25 |
23.25 |
620-592-05 |
E1E |
Eastern Ext |
103.40 |
107.50 |
498 |
4.10 |
3.04 |
134.37 |
15.48 |
620-592-06 |
E1E |
Eastern Ext |
118.20 |
122.60 |
480 |
4.40 |
3.13 |
54.93 |
19.69 |
620-592-07 |
E1E |
Eastern Ext |
139.60 |
144.40 |
456 |
4.80 |
2.98 |
48.19 |
20.64 |
620-592-08 |
E1E |
Eastern Ext |
106.50 |
110.20 |
498 |
3.70 |
2.63 |
4.40 |
4.40 |
620-592-09B |
E1E |
Eastern Ext |
100.20 |
103.30 |
507 |
3.10 |
2.80 |
4.04 |
4.04 |
620-592-14 |
E1E |
Eastern Ext |
166.50 |
172.10 |
663 |
5.60 |
3.22 |
8.13 |
8.13 |
620-592-16 |
E1E |
Eastern Ext |
144.10 |
149.30 |
643 |
5.20 |
2.86 |
95.48 |
25.02 |
620-592-17 |
E1E |
Eastern Ext |
181.20 |
186.10 |
675 |
4.90 |
3.26 |
24.75 |
21.99 |
620-592-22 |
E1E |
Eastern Ext |
148.10 |
153.00 |
640 |
4.90 |
2.70 |
5.46 |
5.46 |
Table 3 Continued: Island Gold –
Previously Unreleased Select Composite Intervals from Underground
Delineation Drilling
Hole ID |
Zone |
Target Area |
From (m) |
To (m) |
Vertical Depth |
Core Length (m) |
True Width (m) |
Au Uncut (g/t) |
Au Cut (g/t) |
620-592-28 |
E1E |
Eastern Ext |
126.00 |
131.10 |
475 |
5.10 |
3.27 |
10.43 |
10.43 |
620-592-39 |
E1E |
Eastern Ext |
216.90 |
221.30 |
717 |
4.40 |
2.66 |
93.55 |
18.59 |
840-524-26 |
C |
Main Ext |
183.67 |
195.10 |
975 |
11.43 |
8.78 |
58.80 |
44.22 |
840-524-27 |
C |
Main Ext |
162.90 |
167.00 |
916 |
4.10 |
3.06 |
17.71 |
17.71 |
840-524-28 |
C |
Main Ext |
144.90 |
149.40 |
889 |
4.50 |
3.74 |
50.22 |
44.15 |
840-524-29 |
C |
Main Ext |
221.50 |
232.90 |
1,026 |
11.40 |
5.03 |
12.64 |
12.64 |
840-524-34 |
C |
Main Ext |
304.50 |
312.90 |
1,106 |
8.40 |
2.11 |
6.17 |
6.17 |
840-524-35 |
C |
Main Ext |
260.00 |
270.00 |
1,068 |
10.00 |
2.87 |
9.47 |
9.47 |
840-524-37 |
C |
Main Ext |
220.00 |
230.30 |
1,023 |
10.30 |
6.00 |
11.60 |
8.78 |
840-524-43 |
C |
Main Ext |
231.00 |
239.00 |
1,034 |
8.00 |
4.59 |
6.06 |
6.06 |
840-524-44 |
C |
Main Ext |
248.60 |
261.00 |
1,058 |
12.40 |
3.56 |
3.47 |
3.47 |
840-529-25 |
C |
Main Ext |
205.00 |
210.30 |
975 |
5.30 |
4.65 |
39.87 |
39.87 |
840-529-33 |
C |
Main Ext |
127.00 |
129.80 |
838 |
2.80 |
2.67 |
5.24 |
5.24 |
840-529-35 |
C |
Main Ext |
129.00 |
133.20 |
846 |
4.20 |
4.14 |
19.35 |
19.35 |
840-529-37 |
C |
Main Ext |
146.30 |
150.60 |
873 |
4.30 |
3.44 |
13.63 |
13.63 |
840-529-42 |
C |
Main Ext |
248.85 |
268.00 |
1,056 |
19.15 |
7.60 |
4.71 |
4.71 |
840-529-43 |
C |
Main Ext |
225.60 |
232.00 |
1,018 |
6.40 |
4.04 |
28.76 |
24.75 |
840-529-47 |
C |
Main Ext |
245.00 |
264.00 |
1,051 |
19.00 |
10.57 |
6.92 |
6.92 |
840-529-50 |
C |
Main Ext |
249.10 |
262.50 |
1,047 |
13.40 |
5.71 |
5.02 |
5.02 |
840-529-51 |
C |
Main Ext |
311.00 |
319.00 |
1,107 |
8.00 |
2.06 |
4.24 |
4.24 |
840-529-54 |
C |
Main Ext |
275.00 |
285.00 |
1,064 |
10.00 |
4.86 |
5.21 |
5.21 |
840-533-12 |
C |
Main Ext |
158.60 |
162.00 |
857 |
3.40 |
3.17 |
15.39 |
15.39 |
840-533-15 |
C |
Main Ext |
223.00 |
228.00 |
986 |
5.00 |
3.88 |
33.55 |
33.55 |
840-533-18 |
C |
Main Ext |
205.00 |
212.50 |
957 |
7.50 |
6.38 |
127.90 |
69.18 |
840-533-19 |
C |
Main Ext |
225.70 |
234.00 |
995 |
8.30 |
6.36 |
30.37 |
30.37 |
840-533-21 |
C |
Main Ext |
204.00 |
208.60 |
952 |
4.60 |
3.94 |
53.37 |
46.54 |
840-533-22 |
C |
Main Ext |
218.80 |
224.25 |
977 |
5.45 |
4.17 |
5.90 |
5.90 |
840-533-23 |
C |
Main Ext |
218.10 |
223.00 |
972 |
4.90 |
3.78 |
33.26 |
33.26 |
620-592-14 |
X |
Eastern Ext |
184.00 |
187.00 |
668 |
3.00 |
2.30 |
10.91 |
10.91 |
Table 3 Continued: Island Gold –
Previously Unreleased Select Composite Intervals from Underground
Delineation Drilling
Hole ID |
Zone |
Target Area |
From (m) |
To (m) |
Vertical Depth |
Core Length (m) |
True Width (m) |
Au Uncut (g/t) |
Au Cut (g/t) |
620-592-16 |
X |
Eastern Ext |
42.00 |
46.50 |
613 |
4.50 |
4.35 |
10.53 |
10.53 |
620-592-23 |
X |
Eastern Ext |
45.70 |
50.85 |
620 |
5.15 |
4.72 |
4.21 |
4.21 |
620-592-39 |
X |
Eastern Ext |
49.00 |
54.00 |
628 |
5.00 |
4.33 |
18.27 |
18.27 |
840-524-27 |
D1 |
Main Ext |
62.00 |
66.40 |
878 |
4.40 |
3.25 |
4.59 |
4.59 |
840-524-28 |
D1 |
Main Ext |
68.50 |
71.40 |
871 |
2.90 |
2.40 |
9.77 |
9.77 |
840-524-44 |
D1 |
Main Ext |
87.70 |
90.60 |
926 |
2.90 |
1.67 |
8.95 |
8.95 |
840-529-27 |
B |
Main Ext |
166.70 |
171.10 |
760 |
4.40 |
3.13 |
3.11 |
3.11 |
840-529-33 |
X |
Main Ext |
122.70 |
125.60 |
839 |
2.90 |
2.83 |
22.42 |
22.42 |
840-529-40 |
D1 |
Main Ext |
97.00 |
99.50 |
877 |
2.50 |
2.38 |
3.47 |
3.47 |
840-529-42 |
B |
Main Ext |
275.00 |
283.10 |
1,072 |
8.10 |
3.26 |
3.03 |
3.03 |
840-529-42 |
D |
Main Ext |
69.50 |
72.00 |
909 |
2.50 |
1.01 |
11.25 |
11.25 |
840-529-43 |
D1 |
Main Ext |
142.60 |
149.60 |
959 |
7.00 |
2.78 |
10.48 |
10.48 |
840-529-44 |
X |
Main Ext |
281.40 |
287.60 |
1,075 |
6.20 |
2.03 |
29.52 |
20.76 |
840-533-13 |
D |
Main Ext |
54.00 |
56.40 |
874 |
2.40 |
2.00 |
24.88 |
24.88 |
840-533-26 |
D1 |
Main Ext |
124.90 |
129.10 |
890 |
4.20 |
2.82 |
153.69 |
46.15 |
840-533-29 |
D1 |
Main Ext |
127.00 |
129.20 |
888 |
2.20 |
1.57 |
36.20 |
36.20 |
Alamos Gold (NYSE:AGI)
Historical Stock Chart
From Apr 2024 to May 2024
Alamos Gold (NYSE:AGI)
Historical Stock Chart
From May 2023 to May 2024