Minera Alamos is a gold development company poised to join the ranks of gold producers in early 2021. The Company has a portfolio of high-quality Mexican assets, including the 100%-owned Santana open-pit, heap-leach development project in Sonora currently under construction, which is expected to have its first gold production in Q1 2021. The La Fortuna open pit gold project in Durango (100%-owned) has an extremely robust and positive preliminary economic assessment (PEA) completed and is nearing the end of the permitting process. A construction decision on La Fortuna could be made in late 2020 or early 2021 and highlights the organic growth the existing projects can provide to the overall production profile. Following this growth model Minera Alamos has acquired 100 % of the Cerro de Oro property; an open-pittable target of disseminated gold mineralization where previous metallurgical testwork has indicated it should be amenable to conventional open-pit/heap leach processing and extraction.
Minera Alamos is built around its operating team that together brought 3 mines in to production over the last 12 years.