Alamos Gold Inc. (
TSX:AGI;
NYSE:AGI) (“Alamos” or the “Company”) today reported new
results from underground and surface drilling at the Island Gold
Mine. Exploration drilling continues to extend high-grade gold
mineralization across the Island Gold Deposit, as well as within
several hanging wall and footwall structures. Delineation and
definition drilling has defined wide, higher-grade zones within the
Island East area. This is expected to drive further growth in
high-grade Mineral Reserves and Resources with the year end update.
Additionally, high-grade mineralization was
intersected in the North Shear and the Webb Lake stock area,
highlighting a longer-term, near-mine opportunity as a potential
source of additional mill feed for the expanded Magino milling
complex.
"We continue to have broad-based exploration
success across the Island Gold deposit. This includes within the
main structure, which remains open laterally and down-plunge, as
well as within an increasing number of hanging wall and footwall
structures. This is expected to contribute to another year of
growth in high-grade Mineral Reserves and Resources, as Island Gold
continues to establish itself as one of the highest-grade and
fastest growing deposits in the world. This growth is supporting a
longer mine life at Island Gold, which already exceeds 20 years,
and additional synergies to be realized by processing Island Gold
ore through the larger Magino mill,” said John A. McCluskey,
President and Chief Executive Officer.
“We are also starting to define longer-term
upside opportunities through the integration of Island Gold and
Magino. This includes the ability to expand the Magino pit onto the
larger Island Gold District land package, and identifying and
evaluating near mine, higher-grade targets like the North Shear
which have the potential to provide additional mill feed to the
larger Magino milling complex,” Mr. McCluskey added.
Island Gold 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 West (C-Zone)
- 36.54 g/t Au (15.16 g/t cut)
over 7.20 m (890-461-03);
- 56.13 g/t Au (15.35 g/t cut)
over 2.13 m (790-479-68);
- 42.25 g/t Au (36.15 g/t cut)
over 2.82 m (490-456-54);
- 23.88 g/t Au (14.46 g/t cut)
over 3.82 m (1025-517-22); and
- 25.88 g/t Au (25.88 g/t cut)
over 2.26 m (1025-517-14).
-
Island East (E1E-Zone)
- 17.24 g/t Au (17.24 g/t cut)
over 9.97 m (1040-619-24);
- 28.66 g/t Au (28.66 g/t cut)
over 2.22 m (MH39-01); and
- 11.75 g/t Au (11.75 g/t cut)
over 3.91 m (MH39-03).
Island Gold Hanging Wall and Footwall
exploration highlights: high-grade gold mineralization intersected
within recently defined hanging wall and footwall zones across the
main Island Gold Deposit. These zones represent
significant opportunities to continue to grow near mine Mineral
Reserves and Resources which are low-cost to develop and produce
given their proximity to existing infrastructure. New highlights
include1:
- Island
West Hanging Wall Zones
B Zone
- 79.93 g/t Au (18.53 g/t cut)
over 2.01 m (1025-517-08);
- 17.34 g/t Au (11.70 g/t cut)
over 2.49 m (490-456-14); and
- 16.55 g/t Au (16.17 g/t cut)
over 2.01 m (890-461-01).
NS2 Zone: a
new parallel structure to the NS1 Zone, located 100 m to the
east.
- 55.98
g/t Au (55.98 g/t cut) over 2.10 m (1025-517-28);
- 34.85
g/t Au (34.85 g/t cut) over 2.10 m (1025-517-22); and
- 9.28 g/t
Au (9.28 g/t cut) over 5.56 m (900-506-13).
- Island
East Footwall Zones
E1D1 Zone
- 72.57
g/t Au (49.74 g/t cut) over 2.01 m (945-624-42);
- 12.43
g/t Au (12.43 g/t cut) over 3.86 m (945-624-30); and
- 21.04
g/t Au (17.30 g/t cut) over 2.09 m (945-624-41A).
NTH4 Zone
- 27.73
g/t Au (12.80 g/t cut) over 1.96 m (945-624-59).
Other Hanging Wall and Footwall
intersections: drilling continues to intersect high-grade
mineralization in proximity to existing underground infrastructure
in yet to be defined zones. These are part of more than
2,000 intersections above 3 g/t Au outside of existing Mineral
Reserves and Resources in the hanging wall and footwall,
highlighting the opportunity for significant near-mine additions as
ongoing drilling further defines these areas. New highlights
include2:
Footwall
- 88.44
g/t Au over 4.65 m (890-461-30);
- 32.35
g/t Au over 4.00 m (890-461-02);
- 28.79
g/t Au over 4.25 m (1130-623-09);
- 28.60
g/t Au over 4.15 m (840-530-07A);
- 38.20
g/t Au over 2.70 m (945-624-21); and
- 10.59
g/t Au over 10.55 m (1040-619-22).
Hanging
Wall
- 64.67
g/t Au over 5.95 m (890-461-03);
- 84.87
g/t Au over 3.00 m (580-473-40);
- 53.30
g/t Au over 4.50 m (890-461-03);
- 63.12
g/t Au over 3.50 m (945-624-39);
- 18.38
g/t Au over 10.70 m (1040-619-32); and
- 65.77
g/t Au over 2.25 m (580-473-39).
Island Gold East delineation and
definition drilling highlights: ongoing drilling focused on the
conversion of Mineral Resources to Reserves from the 945, 1040, and
1130-levels has defined wider, higher-grade zones over an 80 m by
130 m area within the Island Main structure. New
highlights include1:
- 102.42 g/t Au (68.19 g/t
cut) over 17.19 m (1040-619-28);
- 135.39 g/t Au (94.41 g/t
cut) over 8.28 m (1040-619-27);
- 101.13 g/t Au (53.97 g/t
cut) over 5.23 m (1130-623-20);
- 37.63 g/t Au (29.59 g/t cut)
over 12.54 m (1130-623-33);
- 19.95 g/t Au (16.93 g/t cut)
over 19.66 m (1130-623-01); and
- 33.66 g/t Au (22.31 g/t cut)
over 11.15 m (1040-619-31).
Island Gold District – Near Mine
Exploration
North Shear:
high-grade gold mineralization intersected north and west of the
Island Gold Deposit, towards the Magino open pit. This
area is located immediately east of the Magino open pit, within two
kilometres (“km”) of the Magino mill, and represents a longer-term
opportunity as a source of additional mill feed. New highlights
include1:
- 12.10
g/t Au over 4.32 m, including 34.90 g/t Au over 1.38 m
(24IGX071);
- 2.09 g/t
Au over 6.01 m, including 16.75 g/t Au over 0.28 m (24IGX072);
and
- 3.65 g/t
Au over 4.92 m, including 10.20 g/t Au over 0.87 m
(24IGX073).
Webb Lake
Stock: gold mineralization intersected east of the Magino open pit
Mineral Reserve supporting the potential for expansion of the
Magino deposit to the east beyond the previous Magino/Island Gold
property boundary (pre-acquisition by Alamos). New
highlights include2:
- 15.52
g/t Au over 5.64 m, including 179.00 g/t Au over 0.47 m
(24IGX071);
- 7.97 g/t
Au over 7.43 m, including 153.50 g/t Au over 0.30 m (24IGX073);
and
- 17.96
g/t Au over 1.21 m (IGX24073).
1 All reported composite intervals are calculated true width of
the mineralized zones, unless otherwise stated. Drillhole composite
intervals reported as “cut” may include higher grade samples which
have been cut to: Island West (C-zone) and Island Main @ 225 g/t
Au; Island Main and East (E1E Zone) @ 185 g/t Au; E1D1 and NS2 @ 90
g/t Au; NTH4 @ 75 g/t. North Shear and Webb Lake Stock composites
reported as uncut.
2 All reported composite intervals are core length, true width
is unknown at this time, and gold grades are reported as uncut.
New highlight intercepts can be found in Tables 1 and 2, and in
Figures 1 to 4 at the end of this news release.
2024 Exploration Drilling Program
A total of $19 million is budgeted for
exploration at Island Gold in 2024, up from $14 million in 2023,
with both a larger near mine and regional exploration program
planned for the year. The 2024 exploration program is following up
on a successful 2023 program with high-grade Mineral Reserves and
Resources added across the main Island Gold structure, as well as
within multiple structures in the hanging wall and footwall.
A total of 41,000 m of underground exploration
drilling is planned in 2024. The focus is on defining new Mineral
Reserves and Resources in proximity to existing production horizons
and infrastructure, as well as the conversion of the large existing
Mineral Resource base to Mineral Reserves. This includes drilling
across the strike extent of the main Island Gold Deposit (E1E and
C-Zones), as well as within a growing number of newly defined
hanging-wall and footwall zones. To support the underground
exploration drilling program, 460 m of underground exploration
drift development is planned to extend drill platforms on the 850,
945, and 1025-levels.
In addition to the exploration budget, 32,000 m
of underground delineation drilling has been planned and included
in sustaining capital for Island Gold which will be focused on the
conversion of the large Mineral Resource base to Mineral Reserves.
Additionally, 12,500 m of near-mine surface exploration drilling
has been budgeted, and 10,000 m of regional exploration
drilling.
To the end of June 2024, 28,003 m of underground
exploration drilling had been completed in 111 holes, and 5,882 m
of surface drilling had been completed in seven holes.
Additionally, 20,885 m of underground delineation drilling was
completed in 91 holes.
The regional exploration drilling program also
continued through the first half of the year, with 4,995 m of
drilling completed in 15 holes.
Island West
Underground Exploration Drilling
Underground drilling extended high-grade gold
mineralization 250 m to the west, and up-plunge from existing
Mineral Reserves and Resources in the middle portion of Island
West. Drilling is being conducted from the 490-level, 790-level,
and the 1025-level exploration drifts, between vertical depths of
400 m and 1,200 m. New highlights include1:
-
Island West (C-Zone)
- 36.54 g/t Au (15.16 g/t cut)
over 7.20 m (890-461-03);
- 56.13 g/t Au (15.35 g/t cut)
over 2.13 m (790-479-68);
- 42.25 g/t Au (36.15 g/t cut)
over 2.82 m (490-456-54);
- 23.88 g/t Au (14.46 g/t cut)
over 3.82 m (1025-517-22);
- 25.88 g/t Au (25.88 g/t cut)
over 2.26 m (1025-517-14);
- 5.11 g/t Au (5.11 g/t cut)
over 9.72 m (850-475-12);
- 16.95 g/t Au (7.53 g/t cut)
over 2.57 m (790-479-59); and
- 11.96 g/t Au (11.96 g/t cut)
over 3.03 m (1025-517-02).
Island West Hanging Wall Zones
In addition to testing the main Island Gold
structure (C-Zone), underground exploration drilling continued to
target high-grade gold mineralization in sub-parallel and
perpendicular structures in the hanging wall from the 490, 890,
900, and 1025-levels.
NS1 and NS2 Hanging Wall Zones
The NS1 zone is a north-striking structure with
a high-angle orientation relative to the C-Zone that was discovered
in early 2023. The first stopes were mined from the NS1 zone during
the second half 2023 and it continues to be actively mined in 2024,
highlighting the near-term opportunities within these hanging wall
and footwall zones.
In early 2024, the NS2 zone, a new sub-parallel
north-strike zone was discovered 100 m east of the NS1 zone. To
date, this zone has been defined over a vertical extent of 300 m,
and defined over an average strike of 100 m.
In addition, several other north-striking
high-angle structures have been identified across the deposit from
reinterpretation of historical hanging wall drilling, which will be
further evaluated as underground exploration drilling advances.
New highlights from the Island West Hanging Wall
zones include (Figure 2, Table 1):
- Island
West Hanging Wall Zones
B Zone
- 79.93 g/t Au (18.53 g/t cut)
over 2.01 m (1025-517-08);
- 17.34 g/t Au (11.70 g/t cut)
over 2.49 m (490-456-14); and
- 16.55 g/t Au (16.17 g/t cut)
over 2.01 m (890-461-01).
NS2 Zone: a
new parallel structure to the NS1 Zone, located 100 m to the
east.
- 55.98
g/t Au (55.98 g/t cut) over 2.10 m (1025-517-28);
- 34.85
g/t Au (34.85 g/t cut) over 2.10 m (1025-517-22); and
- 9.28 g/t
Au (9.28 g/t cut) over 5.56 m (900-506-13).
Island East
Surface and Underground Exploration Drilling
Underground drilling from the 945 Exploration
Drift and Island East Ramp, continues to extend high-grade gold
mineralization along strike to the east of Mineral Reserves and
Resources in the middle portion of Island East (between vertical
depths of 900 m and 1,300 m).
In addition, surface drilling successfully
defined high-grade gold mineralization within a large 200 m by 400
m gap in Mineral Reserves and Resources between 1,100 m and 1,300 m
depths. This included holes MH39-01 (28.66 g/t Au (28.66
g/t cut) over 2.22 m) and MH 39-03 (11.75 g/t Au
(11.75 g/t cut) over 3.91 m). Following the completion of
the surface drilling program, additional drilling will be completed
as underground development and drill platforms are established
closer to this area.
New highlights in the E1E-Zone include (Figure
1, Tables 1 and 2):
-
Island East (E1E-Zone)
- 17.24 g/t Au (17.24 g/t cut)
over 9.97 m (1040-619-24);
- 28.66 g/t Au (28.66 g/t cut)
over 2.22 m (MH39-01); and
- 11.75 g/t Au (11.75 g/t cut)
over 3.91 m (MH39-03).
Underground Delineation Drilling
Delineation and definition drilling
focused on Mineral Resource conversion from the 945, 1040, and
1130-levels continues to define wide, higher-grade zones in Island
East. This includes an 80 m by 130 m zone with significantly higher
than average grades and widths relative to the rest of the Island
Gold deposit. This is expected to support further growth
in high-grade Mineral Reserves. New highlights include1:
- 102.42 g/t Au (68.19 g/t
cut) over 17.19 m (1040-619-28);
- 135.39 g/t Au (94.41 g/t
cut) over 8.28 m (1040-619-27);
- 101.13 g/t Au (53.97 g/t
cut) over 5.23 m (1130-623-20);
- 37.63 g/t Au (29.59 g/t cut)
over 12.54 m (1130-623-33);
- 19.95 g/t Au (16.93 g/t cut)
over 19.66 m (1130-623-01);
- 33.66 g/t Au (22.31 g/t cut)
over 11.15 m (1040-619-31);
- 29.75 g/t Au (29.75 g/t cut)
over 9.89 m (945-624-53);
- 51.19 g/t Au (26.03 g/t cut)
over 5.26 m (1040-619-29);
- 100.65 g/t Au (94.10 g/t
cut) over 2.51 m (1040-619-27);
- 27.70 g/t Au (26.52 g/t cut)
over 8.35 m (945-624-55);
- 65.89 g/t Au (44.50 g/t cut)
over 3.42 m (1130-623-14);
- 13.24 g/t Au (9.85 g/t cut)
over 15.87 m (1130-623-29);
- 26.22 g/t Au (26.22 g/t cut)
over 7.90 m (1130-623-19);
- 26.03 g/t Au (15.22 g/t cut)
over 5.17 m (1040-619-30); and
- 21.68 g/t Au (20.20 g/t cut)
over 5.84 m (1130-632-19).
Island East Footwall Zones
In addition to testing the E1E-Zone, underground
exploration drilling continued to target high-grade gold
mineralization in structures in the footwall from the 945 and
1015-levels. These structures were included in the year-end 2023
Mineral Reserves and Resources. Additional drilling in 2024 has
been successful in confirming the continuity and extending
high-grade gold mineralization within the E1D1 and NTH4 zones,
located 10 m and 60 m from the E1E-Zone, respectively.
New highlights from the Island East Footwall
zones include (Figure 2, Table 1):
E1D1 Zone
- 72.57
g/t Au (49.74 g/t cut) over 2.01 m (945-624-42);
- 12.43
g/t Au (12.43 g/t cut) over 3.86 m (945-624-30);
- 21.04
g/t Au (17.30 g/t cut) over 2.09 m (945-624-41A);
- 6.25 g/t
Au (4.85 g/t cut) over 5.85 m (945-624-55); and
- 16.21
g/t Au (11.31 g/t cut) over 2.02 m (1015-624-10).
NTH4 Zone
- 27.73
g/t Au (12.80 g/t cut) over 1.96 m (945-624-59).
As with the hanging wall and footwall zones in
Island West, these footwall zones in Island East highlight the
potential to add high-grade Mineral Reserves and Resources in
proximity of existing production horizons and infrastructure which
would be low-cost to develop and mine.
Other Zones
The majority of Island Gold’s Mineral Reserves
and Resources and main production horizons are hosted in the C/E1E
structure. The Island Gold Deposit also consists of a growing
number of sub-parallel and high-angle mineralized structures
outside of the main C/E1E-Zone. As underground development
advances, these sub-parallel hanging wall and footwall structures
can be targeted and defined with step-out drilling from underground
drill platforms.
As demonstrated in 2023, these zones and other
targets within the hanging wall and footwall represent significant
opportunities to continue defining additional high-grade Mineral
Reserves and Resources in proximity to existing underground
infrastructure. These additions continue to enhance the ounce per
vertical metre profile and provide additional operational
flexibility with multiple mining horizons from the same lateral
development levels.
The following are highlights of new hanging wall
and footwall intersections from underground exploration drilling
where the geometry and continuity are not yet established (“Unknown
Zone”). These are part of more than 2,000 intersections above 3 g/t
Au within recently defined and yet to be defined zones in the
hanging wall and footwall. These intersections are outside of
existing Mineral Reserves and Resources, highlighting the
opportunity for significant near-mine additions as ongoing drilling
further defines these areas.
New highlights include (reported composite
intervals are uncut and as core length, as true width is unknown at
this time) (Table 1):
Footwall
- 88.44
g/t Au over 4.65 m (890-461-30);
- 32.35
g/t Au over 4.00 m (890-461-02);
- 28.79
g/t Au over 4.25 m (1130-623-09);
- 28.60
g/t Au over 4.15 m (840-530-07A);
- 38.20
g/t Au over 2.70 m (945-624-21);
- 10.59
g/t Au over 10.55 m (1040-619-22);
- 20.53
g/t Au over 4.15 m (1040-619-33);
- 32.37
g/t Au over 2.60 m (1130-623-18);
- 21.22
g/t Au over 3.90 m (890-461-21);
- 7.41 g/t
Au over 8.60 m (840-530-10);
- 26.28
g/t Au over 2.40 m (1040-619-34);
- 10.49
g/t Au over 5.60 m (1040-619-24);
- 15.87
g/t Au over 3.40 m (1040-619-32);
- 10.98
g/t Au over 4.85 m (1040-619-36); and
- 19.50
g/t Au over 2.60 m (840-632-47).
Hanging
Wall
- 64.67
g/t Au over 5.95 m (890-461-03);
- 84.87
g/t Au over 3.00 m (580-473-40);
- 53.30
g/t Au over 4.50 m (890-461-03);
- 63.12
g/t Au over 3.50 m (945-624-39);
- 18.38
g/t Au over 10.70 m (1040-619-32);
- 65.77
g/t Au over 2.25 m (580-473-39);
- 33.02
g/t Au over 4.00 m (850-475-25);
- 41.53
g/t Au over 2.85 m (850-475-26);
- 20.75
g/t Au over 5.45 m (890-461-10);
- 40.05
g/t Au over 2.30 m (900-506-14);
- 17.59
g/t Au over 4.40 m (890-461-14);
- 10.50
g/t Au over 6.82 m (945-624-39);
- 15.94
g/t Au over 4.00 m (945-624-40);
- 11.60
g/t Au over 4.85 m (1025-517-24); and
- 22.23
g/t Au over 2.40 m (1025-517-10).
Island Gold District – Near Mine
Exploration
As part of the near-mine exploration program,
high-grade gold mineralization was intersected in surface drilling
completed to the north and west of the Island Gold Deposit, and
east of the Magino open pit, within the North Shear and Webb Lake
Stock.
North Shear
The North Shear Corridor is located on the north
limb of an antiform, within and along the northern portion of the
Webb Lake Stock, dipping to the north. The Island Gold Deposit is
located on the southern limb of the antiform, and dips to the south
(Figure 3).
Patricia Mines initially defined the North Shear
in 1999 after reviewing drilling completed in the 1980’s and
1990’s. There has been limited drilling within the North Shear
since that time, as the focus of exploration had shifted to the
Island Gold Deposit.
The North Shear Corridor is 20 to 30 m wide near
surface, and appears to widen at depth to 60 m, based on
interpretation from wider spaced historical drilling. The North
Shear has been interpreted to be over 1,000 m in strike, drilled to
a depth of 600 m, and remains open at depth (Figure 3 and
4).
The North Shear is located within 2 km of the
Magino mill and adjacent to the Island Gold deposit with the
existing Island Gold ramp running through the target. The ramp
system could be leveraged to test and ultimately develop the North
Shear as a longer-term potential source of additional mill feed
within the expanded Magino mill complex. Additional modelling,
interpretation and drilling are planned to evaluate the North Shear
for underground bulk mining potential.
Highlights from historic drilling within the
North Shear Corridor include3:
- 22.48
g/t Au over 5.08 m, including 310.50 g/t Au over 0.31 m (SH-3,
2013);
- 6.43 g/t
Au over 8.32 m, including 28.55 g/t Au over 0.39 m, 30.21 g/t over
0.58 m, and 37.65 g/t over 0.38 m (PL-17, 1997);
- 12.85
g/t Au over 2.96 m, including 106.00 g/t Au over 0.34 m (21IGX001,
2021);
- 4.60 g/t
Au over 7.72 m, including 53.76 g/t Au over 0.45 m (PL-01-01,
2001);
- 10.28
g/t Au over 3.41 m, including 130.95 g/t Au over 0.09 m, and 23.23
g/t Au over 0.46 m (LR-U-14, 1991);
- 14.08
g/t Au over 2.27 m, including 125.30 g/t Au over
0.25 m (PR-UG-140, 2006);
- 6.58 g/t
Au over 4.46 m, including 14.24 g/t Au over 1.78 m (062-02-44,
1987);
- 12.44
g/t Au over 2.31 m, including 95.82 g/t Au over 0.29 m (140-H3,
2013); and
- 4.12 g/t
Au over 6.72 m, including 49.99 g/t Au over 0.38 m (PL-01-05,
2001).
3 All reported composite intervals are calculated true
width of the mineralized zones, and gold grades are reported as
uncut. Composites were generated at a 0.75 g/t Au cut-off grade,
with no more than 2.0 m of consecutive internal waste.
Four drill holes were completed in the second
quarter of 2024 to test both the North Shear and Webb Lake Stock
east of the Magino deposit. All four the drill holes intersected
gold mineralization in the North Shear. New highlights
include1:
- 12.10
g/t Au over 4.32 m, including 34.90 g/t Au over 1.38 m
(24IGX071);
- 2.09 g/t
Au over 6.01 m, including 16.75 g/t Au over 0.28 m (24IGX072)
and
- 3.65 g/t
Au over 4.92 m, including 10.20 g/t Au over 0.87 m
(24IGX073).
- 0.98 g/t
Au over 11.04 m (24IGX074).
Webb Lake Stock
The Magino Gold Deposit is hosted within the
Webb Lake Stock. Drilling to the east of the planned Magino Mineral
Reserve pit intersected gold mineralization east of the former
Magino property boundary both in the North Shear, as described
above, and to the south within and along the southern contact of
the Webb Lake Stock.
High-grade gold mineralization intersected in
24IGX073 (7.97 g/t Au over 7.43 m including 153.50 g/t Au
over 0.30 m) is associated with strong shearing developed
along the southern margin of the Webb Lake stock at the contact
with a diorite. This southern shear zone requires additional
drilling to define the geometry and extent of gold mineralization
with the shear.
The former land tenure boundary with Island Gold
(pre-acquisition) previously limited the extent of the Magino
deposit to the east. The removal of this boundary, and the
intersection of additional gold mineralization to the east further
supports the potential for the Magino deposit to be extended onto
the Island Gold property. New highlights include2:
- 15.52
g/t Au over 5.64 m, including 179.00 g/t Au over 0.47 m
(24IGX071);
- 7.97 g/t
Au over 7.43 m, including 153.50 g/t Au over 0.30 m
(24IGX073);
- 17.96
g/t Au over 1.21 m, including 35.50 g/t Au over 0.58 m
(IGX24073).
- 3.41 g/t
Au over 2.76 m, including 10.25 g/t Au over 0.40 m (24IGX072);
and
- 7.19 g/t
Au over 1.71 m, including 13.50 g/t Au over 0.83 m
(24IGX072).
Mineral Reserve and Resource expansion drilling
is planned in the second half of 2024 to evaluate both the North
Shear and Webb Lake Stock near surface, immediately to the east of
the Magino Mineral Reserve pit, which remains open to the east.
Qualified Persons
Scott R.G. Parsons, P.Geo., FAusIMM, Alamos
Gold’s Vice President, Exploration, has reviewed and approved the
scientific and technical information contained in this news
release. Scott R.G. Parsons is a “Qualified Person” as defined by
Canadian Securities Administrators’ National Instrument 43-101 -
Standards of Disclosure for Mineral Projects.
Exploration programs at the Island Gold Mine are
directed and supervised by Tyler Poulin, P.Geo., Chief Geologist at
the Island Gold Mine. Tyler Poulin is a “Qualified Person” as
defined by Canadian Securities Administrators’ National Instrument
43-101 - Standards of Disclosure for Mineral Projects.
Quality Assurance and Quality
Control
Alamos Gold maintains an internal Quality
Assurance / Quality Control (QA/QC) program at the Island Gold Mine
to ensure sampling and analysis of all exploration work is
conducted in accordance with best practices.
Access to the Island Gold Mine is controlled by
security personnel. Drill core is logged and sampled at core
logging facilities within the mine site under the supervision of a
Qualified Geologist. A geologist marks the individual samples for
analysis, and sample intervals, sample numbers, standards and
blanks are entered into the database. Exploration core is cut in
half using an electric core saw equipped with a diamond tipped
blade. One half of the core is placed into a plastic sample bag and
sealed with zip ties in preparation for shipment. The other half of
the core is returned to the core box and retained for future
reference. Approximately 20% of all delineation core is cut and
stored, and the entire core sample is sent for analysis on all
definition programs. The samples are placed in large heavy-duty
nylon reinforced Fabrene bags, which are identified and sealed
before being placed on pallets. The core samples are picked up at
the mine site and mine samples are delivered to AGAT and Actlabs
laboratories, and regional samples are delivered to ALS laboratory,
all located in Thunder Bay, Ontario.
Gold is analyzed by a 50 grams fire assay with
an Atomic Absorption (AA) finish. Mine samples greater than 10.0
g/t Au, and regional samples greater than 5.0 g/t Au are
re-analyzed using gravimetric finish methods. AGAT, Actlabs and ALS
are certified laboratories and have internal quality control (“QC”)
programs that include insertion of reagent blanks, reference
materials, and pulp duplicates.
The Corporation inserts QC samples (blanks and
reference materials) at regular intervals to monitor laboratory
performance. Cross check assays are completed on a regular basis in
a secondary accredited laboratory. The Island Gold Mine QA/QC
procedures are more completely described in the August 29, 2022
Technical Report filed on SEDAR+ (www.sedarplus.ca).
About Alamos
Alamos is a Canadian-based intermediate gold
producer with diversified production from three operations in North
America. This includes the Young-Davidson mine and Island Gold
District in northern Ontario, Canada, and the Mulatos District in
Sonora State, Mexico. Additionally, the Company has a strong
portfolio of growth projects, including the Phase 3+ Expansion at
Island Gold, and the Lynn Lake project in Manitoba, Canada. Alamos
employs more than 2,400 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 |
|
|
Senior 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 Canadian and U.S. 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 "expect", "plan", "estimate", “target”,
“budget”, “prospective” “potential”, “opportunity” 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.
Such statements in this news release include,
without limitation, statements with respect to planned exploration
programs, focuses, strategies, drilling targets and work, potential
for further exploration of certain areas, potential drilling
results and related expectations, costs and expenditures, including
with respect to the cost of development and production, project
economics, gold price assumptions, potential mineralization,
projected ore grades, opportunities to add near mine and further
high-grade Mineral Reserves and Resources, potential sources of
additional mill feed for an expanded Magino milling complex,
potential expansion of the Magino pit, synergies to be realized by
processing Island Gold ore through the Magino mill, upside
opportunities through the integration of Island Gold and Magino,
planned modelling, interpretation and drilling to evaluate the
potential of the North Shear near Magino for underground bulk
mining potential, expectations regarding the mine plan, mine life,
sustaining capital and value of operations and other statements and
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.
Alamos cautions that forward-looking statements
are necessarily based upon several factors and assumptions that,
while considered reasonable by management at the time of making
such statements, are inherently subject to significant business,
economic, technical, legal, political and competitive uncertainties
and contingencies. Known and unknown factors could cause actual
results to differ materially from those projected in the
forward-looking statements, and undue reliance should not be placed
on such statements and information.
These factors and assumptions include, but are
not limited to: the actual results of current exploration
activities, conclusions of economic and geological evaluations,
changes in project parameters as plans continue to be refined,
operations may be exposed to illness, disease, epidemic or pandemic
which may impact the broader market; state and federal orders or
mandates (including with respect to mining operations generally or
auxiliary businesses or services required for the Company’s
operations) in Canada, Mexico and other jurisdictions in which the
Company does or may conduct business; the duration of regulatory
responses to any illness, disease, epidemic or pandemic; changes in
national and local government legislation, controls or regulations;
failure to comply with environmental and health and safety laws and
regulations; labour and contractor availability (and being able to
secure the same on favourable terms); ability to sell or deliver
gold doré bars; disruptions in the maintenance or provision of
required infrastructure and information technology systems;
fluctuations in the price of gold or certain other commodities such
as, diesel fuel, natural gas, and electricity; operating or
technical difficulties in connection with mining or development
activities, including geotechnical challenges and changes to
production estimates (which assume accuracy of projected ore grade,
mining rates, recovery timing and recovery rate estimates and may
be impacted by unscheduled maintenance); changes in foreign
exchange rates (particularly the Canadian dollar, U.S. dollar, and
Mexican peso); the impact of inflation; employee and community
relations; litigation and administrative proceedings; disruptions
affecting operations; availability of and increased costs
associated with mining inputs and labour; delays in the development
or updating of mine plans; inherent risks and hazards associated
with mining and mineral processing including environmental hazards,
industrial accidents, unusual or unexpected formations, pressures
and cave-ins; the risk that the Company’s mines may not perform as
planned; uncertainty with the Company's ability to secure
additional capital to execute its business plans; the speculative
nature of mineral exploration and development, risks in obtaining
and maintaining necessary licenses, permits and authorizations,
contests over title to properties; expropriation or nationalization
of property; political or economic developments in Canada or Mexico
and other jurisdictions in which the Company does or may carry on
business in the future; increased costs and risks related to the
potential impact of climate change; the costs and timing of
construction and development of new deposits; risk of loss due to
sabotage, protests and other civil disturbances; the impact of
global liquidity and credit availability and the values of assets
and liabilities based on projected future cash flows; and business
opportunities that may be pursued by the Company.
For a more detailed discussion of such risks and
other factors that may affect the Company's ability to achieve the
expectations set forth in the forward-looking statements contained
in this news release, see the Company’s latest 40-F/Annual
Information Form and Management’s Discussion and Analysis, each
under the heading “Risk Factors”, available on the SEDAR+ website
at www.sedarplus.ca or on EDGAR at www.sec.gov. The foregoing
should be reviewed in conjunction with the information and risk
factors and assumptions found in this news release.
The Company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether written or oral, or whether as a result of new information,
future events or otherwise, except as required by applicable
law.
Note to U.S. Investors – Mineral Reserve
and Resource Estimates
Unless otherwise indicated, all Mineral Resource
and Mineral Reserve estimates included in this news release have
been prepared in accordance with 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. Mining disclosure in the
United States was previously required to comply with SEC Industry
Guide 7 (“SEC Industry Guide 7”) under the United States Securities
Exchange Act of 1934, as amended. The U.S. Securities and Exchange
Commission (the “SEC”) has adopted final rules, to replace SEC
Industry Guide 7 with new mining disclosure rules under sub-part
1300 of Regulation S-K of the U.S. Securities Act (“Regulation S-K
1300”) which became mandatory for U.S. reporting companies
beginning with the first fiscal year commencing on or after January
1, 2021. Under Regulation S-K 1300, the SEC now recognizes
estimates of “Measured Mineral Resources”, “Indicated Mineral
Resources” and “Inferred Mineral Resources”. In addition, the SEC
has amended its definitions of “Proven Mineral Reserves” and
“Probable Mineral Reserves” to be substantially similar to
international standards.
Investors are cautioned that while the above
terms are “substantially similar” to CIM Definitions, there are
differences in the definitions under Regulation S-K 1300 and the
CIM Standards. Accordingly, there is no assurance any mineral
reserves or mineral resources that the Company may report as
“proven mineral reserves”, “probable mineral reserves”, “measured
mineral resources”, “indicated mineral resources” and “inferred
mineral resources” under NI 43-101 would be the same had the
Company prepared the mineral reserve or mineral resource estimates
under the standards adopted under Regulation S-K 1300. U.S.
investors are also cautioned that while the SEC recognizes
“measured mineral resources”, “indicated mineral resources” and
“inferred mineral resources” under Regulation S-K 1300, investors
should not assume that any part or all of the mineralization in
these categories will ever be converted into a higher category of
mineral resources or into mineral reserves. Mineralization
described using these terms has a greater degree of uncertainty as
to its existence and feasibility than mineralization that has been
characterized as reserves. Accordingly, investors are cautioned not
to assume that any measured mineral resources, indicated mineral
resources, or inferred mineral resources that the Company reports
are or will be economically or legally mineable.
Cautionary Note regarding non-GAAP
Measures and Additional GAAP Measures
Note that for purposes of this section, GAAP
refers to IFRS. The Company believes that investors use certain
non-GAAP and additional GAAP measures as indicators to assess gold
mining companies. They are intended to provide additional
information and should not be considered in isolation or as a
substitute for measures of performance prepared with GAAP.
“Sustaining capital” are expenditures that do not increase annual
gold ounce production at a mine site and excludes all expenditures
at the Company’s development projects.
Additional GAAP measures that are presented on
the face of the Company’s consolidated statements of comprehensive
income and are not meant to be a substitute for other subtotals or
totals presented in accordance with IFRS, but rather should be
evaluated in conjunction with such IFRS measures. This includes
“Earnings from operations”, which is intended to provide an
indication of the Company’s operating performance and represents
the amount of earnings before net finance income/expense, foreign
exchange gain/loss, other income/loss, and income tax expense.
Non-GAAP and additional GAAP measures do not have a standardized
meaning prescribed under IFRS and therefore may not be comparable
to similar measures presented by other companies. A reconciliation
of historical non-GAAP and additional GAAP measures are detailed in
the Company’s Management’s Discussion and Analysis available at
www.alamosgold.com.
Table 1: Island Gold – Previously
Unreleased Select Composite Intervals from Underground and Surface
Mine Exploration Drilling
Composite intervals greater than 3 g/t Au
weighted average, capping values:
Island West (C-zone) and Island Main @
225 g/t Au; Island Main and East (E1E Zone) @ 185 g/t Au; B Zone,
E1D1 zone and NS2 @ 90 g/t Au; NTH4 Zone @ 75 g/t Au; DN @ 35 g/t
Au.
|
Hole ID |
Zone |
Target Area |
From (m) |
To (m) |
Core Length (m) |
True Width (m) |
Au Uncut (g/t) |
Au Cut (g/t) |
Vertical Depth (m) |
|
1025-517-08 |
B |
Island West Hanging Wall |
144.00 |
146.58 |
2.58 |
2.01 |
79.93 |
18.53 |
1025 |
|
890-461-01 |
B |
Island West Hanging Wall |
238.55 |
242.25 |
3.70 |
2.01 |
16.55 |
16.17 |
1025 |
|
490-456-14 |
B |
Island West Hanging Wall |
157.50 |
160.00 |
2.50 |
2.49 |
17.34 |
11.70 |
419 |
|
1025-517-12 |
B |
Island West Hanging Wall |
234.20 |
238.70 |
4.50 |
2.03 |
8.76 |
8.76 |
1161 |
|
850-475-13 |
B |
Island West Hanging Wall |
140.60 |
144.80 |
4.20 |
2.17 |
7.04 |
7.00 |
976 |
|
490-456-08 |
B |
Island West Hanging Wall |
157.80 |
160.20 |
2.40 |
2.40 |
5.45 |
5.45 |
427 |
|
850-475-08 |
B |
Island West Hanging Wall |
104.40 |
107.30 |
2.90 |
2.52 |
3.93 |
3.93 |
935 |
|
850-475-11 |
B |
Island West Hanging Wall |
118.50 |
121.50 |
3.00 |
2.10 |
3.77 |
3.77 |
948 |
|
1025-517-14 |
B |
Island West Hanging Wall |
124.70 |
126.80 |
2.10 |
2.07 |
3.22 |
3.22 |
1027 |
|
490-456-54 |
C |
Island West |
118.90 |
121.80 |
2.90 |
2.82 |
42.25 |
36.15 |
432 |
|
1025-517-14 |
C |
Island West |
91.00 |
93.40 |
2.40 |
2.26 |
25.88 |
25.88 |
1021 |
|
790-479-68 |
C |
Island West |
142.50 |
144.90 |
2.40 |
2.13 |
56.13 |
15.35 |
786 |
|
890-461-03 |
C |
Island West |
179.90 |
199.30 |
19.40 |
7.20 |
36.54 |
15.16 |
1010 |
|
1025-517-22 |
C |
Island West |
119.20 |
124.20 |
5.00 |
3.82 |
23.88 |
14.46 |
1055 |
|
850-475-14 |
C |
Island West |
162.70 |
165.00 |
2.30 |
1.02 |
13.84 |
13.84 |
983 |
|
790-479-54 |
C |
Island West |
139.70 |
142.30 |
2.60 |
2.07 |
14.29 |
12.47 |
847 |
|
1025-517-02 |
C |
Island West |
167.05 |
171.00 |
3.95 |
3.03 |
11.96 |
11.96 |
1106 |
|
1025-517-31 |
C |
Island West |
99.25 |
102.40 |
3.15 |
2.57 |
10.64 |
10.64 |
1032 |
|
790-479-55 |
C |
Island West |
145.20 |
147.15 |
1.95 |
1.61 |
8.94 |
8.94 |
817 |
|
1025-517-05 |
C |
Island West |
91.50 |
95.00 |
3.50 |
3.50 |
8.33 |
8.33 |
1001 |
|
790-479-59 |
C |
Island West |
147.60 |
150.40 |
2.80 |
2.57 |
16.95 |
7.53 |
846 |
|
790-479-41 |
C |
Island West |
123.75 |
126.10 |
2.35 |
2.34 |
7.15 |
7.15 |
793 |
|
790-479-48 |
C |
Island West |
133.15 |
136.25 |
3.10 |
2.84 |
6.83 |
6.83 |
832 |
|
890-461-22 |
C |
Island West |
150.00 |
154.50 |
4.50 |
2.67 |
6.04 |
6.04 |
969 |
|
490-450-03 |
C |
Island West |
188.00 |
190.70 |
2.70 |
2.63 |
5.54 |
5.54 |
528 |
|
490-456-51 |
C |
Island West |
144.10 |
147.00 |
2.90 |
2.61 |
5.17 |
5.17 |
413 |
|
850-475-12 |
C |
Island West |
149.00 |
162.85 |
13.85 |
9.72 |
5.11 |
5.11 |
957 |
|
490-456-52 |
C |
Island West |
153.50 |
156.40 |
2.90 |
2.15 |
4.76 |
4.76 |
424 |
|
1025-517-24 |
C |
Island West |
218.30 |
221.00 |
2.70 |
1.99 |
4.76 |
4.76 |
1162 |
|
1025-517-01 |
C |
Island West |
97.35 |
99.80 |
2.45 |
2.16 |
4.69 |
4.69 |
1038 |
|
900-506-06 |
C |
Island West |
218.75 |
229.00 |
10.25 |
2.08 |
4.63 |
4.63 |
991 |
|
1025-517-10 |
C |
Island West |
126.30 |
129.20 |
2.90 |
2.36 |
4.07 |
4.07 |
1079 |
|
1025-517-23 |
C |
Island West |
91.70 |
94.35 |
2.65 |
2.46 |
3.96 |
3.96 |
1017 |
|
790-479-50 |
C |
Island West |
140.00 |
142.30 |
2.30 |
2.04 |
3.96 |
3.96 |
867 |
|
490-456-47 |
C |
Island West |
140.65 |
142.85 |
2.20 |
2.09 |
3.68 |
3.68 |
445 |
|
890-461-10 |
C |
Island West |
128.30 |
130.85 |
2.55 |
2.22 |
3.49 |
3.49 |
874 |
|
490-450-01 |
C |
Island West |
131.00 |
133.13 |
2.13 |
1.96 |
3.33 |
3.33 |
518 |
|
790-479-42 |
C |
Island West |
127.75 |
130.20 |
2.45 |
2.23 |
3.33 |
3.33 |
830 |
|
850-475-15 |
C |
Island West |
162.25 |
166.30 |
4.05 |
2.08 |
3.28 |
3.28 |
975 |
|
790-479-19 |
C |
Island West |
160.25 |
163.65 |
3.40 |
2.67 |
3.24 |
3.24 |
827 |
|
1025-517-20 |
C |
Island West |
165.00 |
169.65 |
4.65 |
2.21 |
3.06 |
3.06 |
1119 |
|
890-461-22 |
D1 |
Island West Footwall |
96.10 |
99.20 |
3.10 |
2.03 |
7.96 |
6.55 |
932 |
|
890-461-13 |
D1 |
Island West Footwall |
63.00 |
66.00 |
3.00 |
2.62 |
5.82 |
5.82 |
890 |
|
890-461-11 |
D1 |
Island West Footwall |
63.60 |
66.00 |
2.40 |
2.25 |
4.67 |
4.67 |
880 |
|
790-479-49 |
DN |
Island West Footwall |
33.80 |
36.55 |
2.75 |
2.41 |
12.94 |
9.28 |
807 |
|
790-479-44 |
DN |
Island West Footwall |
11.70 |
15.00 |
3.30 |
2.28 |
7.46 |
7.46 |
822 |
|
790-479-56 |
DN |
Island West Footwall |
38.35 |
40.80 |
2.45 |
2.00 |
7.08 |
7.08 |
805 |
|
790-479-42 |
DN |
Island West Footwall |
13.40 |
15.70 |
2.30 |
2.03 |
6.84 |
5.86 |
816 |
|
790-479-46 |
DN |
Island West Footwall |
31.70 |
34.55 |
2.85 |
2.40 |
5.48 |
5.48 |
805 |
|
790-479-41 |
DN |
Island West Footwall |
14.55 |
18.10 |
3.55 |
2.28 |
7.69 |
5.43 |
811 |
|
790-479-50 |
DN |
Island West Footwall |
12.45 |
15.75 |
3.30 |
3.19 |
5.20 |
5.20 |
819 |
|
790-479-43 |
DN |
Island West Footwall |
11.20 |
14.15 |
2.95 |
2.13 |
3.32 |
3.32 |
821 |
|
790-479-66 |
DN |
Island West Footwall |
18.50 |
22.95 |
4.45 |
2.74 |
3.04 |
3.04 |
813 |
|
945-624-42 |
E1D1 |
Island East Footwall |
399.75 |
402.95 |
3.20 |
2.01 |
72.57 |
49.74 |
1315 |
|
945-624-41A |
E1D1 |
Island East Footwall |
393.20 |
397.70 |
4.50 |
2.09 |
21.04 |
17.30 |
1314 |
|
945-624-30 |
E1D1 |
Island East Footwall |
310.10 |
317.40 |
7.30 |
3.86 |
12.43 |
12.43 |
1211 |
|
1015-624-10 |
E1D1 |
Island East Footwall |
56.10 |
58.60 |
2.50 |
2.02 |
16.21 |
11.31 |
1010 |
|
945-624-47 |
E1D1 |
Island East Footwall |
305.95 |
309.50 |
3.55 |
2.04 |
10.47 |
10.47 |
1215 |
|
945-624-55 |
E1D1 |
Island East Footwall |
340.40 |
354.10 |
13.70 |
5.85 |
6.25 |
4.85 |
1257 |
|
1040-619-24 |
E1E |
Island East |
159.75 |
187.40 |
27.65 |
9.97 |
17.24 |
17.24 |
1159 |
|
1130-623-10 |
E1E |
Island East |
78.50 |
81.00 |
2.50 |
1.90 |
6.01 |
6.01 |
1097 |
|
1040-619-21 |
E1E |
Island East |
216.90 |
224.90 |
8.00 |
2.84 |
4.64 |
4.64 |
1140 |
|
1040-619-35 |
E1E |
Island East |
144.00 |
148.65 |
4.65 |
2.07 |
4.05 |
4.05 |
1126 |
|
840-578-31 |
E1E |
Island East |
219.80 |
222.50 |
2.70 |
2.10 |
3.65 |
3.65 |
946 |
|
490-450-03 |
LC_C |
Island West Hanging Wall |
201.50 |
203.90 |
2.40 |
2.34 |
7.52 |
7.52 |
531 |
|
490-456-52 |
LC_D |
Island West Footwall |
131.50 |
133.90 |
2.40 |
2.23 |
4.83 |
4.83 |
433 |
|
490-456-54 |
NS1 |
Island West Hanging Wall |
183.90 |
187.00 |
3.10 |
2.39 |
3.61 |
3.61 |
403 |
|
1025-517-28 |
NS2 |
Island West Hanging Wall |
246.10 |
248.20 |
2.10 |
2.10 |
55.98 |
55.98 |
1074 |
|
1025-517-22 |
NS2 |
Island West Hanging Wall |
225.40 |
227.60 |
2.20 |
2.10 |
34.85 |
34.85 |
1093 |
|
1025-517-01 |
NS2 |
Island West Hanging Wall |
268.55 |
270.80 |
2.25 |
2.00 |
10.04 |
10.04 |
1095 |
|
900-506-13 |
NS2 |
Island West Hanging Wall |
174.90 |
181.73 |
6.83 |
5.56 |
9.28 |
9.28 |
884 |
|
1025-517-08 |
NS2 |
Island West Hanging Wall |
245.50 |
249.80 |
4.30 |
3.59 |
8.09 |
8.09 |
1039 |
|
1025-517-21 |
NS2 |
Island West Hanging Wall |
212.00 |
214.15 |
2.15 |
2.02 |
7.61 |
7.61 |
988 |
|
1025-517-23 |
NS2 |
Island West Hanging Wall |
257.55 |
261.35 |
3.80 |
3.38 |
3.59 |
3.59 |
1036 |
|
1025-517-04 |
NS2 |
Island West Hanging Wall |
266.85 |
269.15 |
2.30 |
1.11 |
3.46 |
3.46 |
1162 |
|
1025-517-24 |
NS2 |
Island West Hanging Wall |
433.60 |
437.10 |
3.50 |
2.14 |
3.06 |
3.06 |
1317 |
|
945-624-59 |
NTH4 |
Island East Footwall |
299.10 |
301.70 |
2.60 |
1.96 |
27.73 |
12.80 |
1045 |
|
890-461-30 |
Unknown |
Island West Footwall |
48.20 |
52.85 |
4.65 |
|
88.44 |
|
902 |
|
580-473-40 |
Unknown |
Island West Hanging Wall |
255.54 |
258.54 |
3.00 |
|
84.87 |
|
534 |
|
580-473-39 |
Unknown |
Island West Hanging Wall |
262.50 |
264.75 |
2.25 |
|
65.77 |
|
520 |
|
890-461-03 |
Unknown |
Island West Hanging Wall |
137.90 |
143.85 |
5.95 |
|
64.67 |
|
972 |
|
945-624-39 |
Unknown |
Island East Hanging Wall |
215.50 |
219.00 |
3.50 |
|
63.12 |
|
1135 |
|
890-461-03 |
Unknown |
Island West Hanging Wall |
206.20 |
210.70 |
4.50 |
|
53.30 |
|
1025 |
|
900-506-14 |
Unknown |
Island West Hanging Wall |
163.35 |
165.65 |
2.30 |
|
40.05 |
|
1003 |
|
945-624-21 |
Unknown |
Island East Footwall |
368.70 |
371.40 |
2.70 |
|
38.20 |
|
1289 |
|
850-475-25 |
Unknown |
Island West Hanging Wall |
127.00 |
131.00 |
4.00 |
|
33.02 |
|
958 |
|
1130-623-18 |
Unknown |
Island East Footwall |
35.40 |
38.00 |
2.60 |
|
32.37 |
|
1096 |
|
890-461-02 |
Unknown |
Island West Footwall |
40.00 |
44.00 |
4.00 |
|
32.35 |
|
897 |
|
1130-623-09 |
Unknown |
Island East Footwall |
56.00 |
60.25 |
4.25 |
|
28.79 |
|
1102 |
|
840-530-07A |
Unknown |
Island West Footwall |
412.40 |
416.55 |
4.15 |
|
28.60 |
|
1178 |
|
1040-619-34 |
Unknown |
Island East Footwall |
55.30 |
57.70 |
2.40 |
|
26.28 |
|
1074 |
|
1025-517-10 |
Unknown |
Island West Hanging Wall |
220.35 |
222.75 |
2.40 |
|
22.23 |
|
1135 |
|
890-461-21 |
Unknown |
Island West Footwall |
172.35 |
176.25 |
3.90 |
|
21.22 |
|
1006 |
|
1025-517-23 |
Unknown |
Island West Hanging Wall |
106.90 |
109.00 |
2.10 |
|
21.02 |
|
1018 |
|
840-632-47 |
Unknown |
Island East Footwall |
5.95 |
8.55 |
2.60 |
|
19.50 |
|
825 |
|
1040-619-32 |
Unknown |
Island East Hanging Wall |
271.10 |
281.80 |
10.70 |
|
18.38 |
|
1242 |
|
890-461-14 |
Unknown |
Island West Hanging Wall |
183.90 |
188.30 |
4.40 |
|
17.59 |
|
966 |
|
850-475-08 |
Unknown |
Island West Footwall |
147.00 |
149.25 |
2.25 |
|
16.48 |
|
969 |
|
790-479-53 |
Unknown |
Island West Footwall |
246.75 |
249.15 |
2.40 |
|
16.47 |
|
704 |
|
850-475-26 |
Unknown |
Island West Hanging Wall |
134.05 |
136.90 |
2.85 |
|
41.53 |
|
957 |
|
945-624-40 |
Unknown |
Island East Hanging Wall |
141.30 |
145.30 |
4.00 |
|
15.94 |
|
1064 |
|
1040-619-32 |
Unknown |
Island East Footwall |
247.60 |
251.00 |
3.40 |
|
15.87 |
|
1222 |
|
850-475-12 |
Unknown |
Island West Hanging Wall |
130.70 |
134.00 |
3.30 |
|
15.33 |
|
940 |
|
490-456-54 |
Unknown |
Island West Footwall |
114.00 |
114.90 |
0.90 |
|
15.01 |
|
434 |
|
1040-619-33 |
Unknown |
Island East Footwall |
176.20 |
180.35 |
4.15 |
|
20.53 |
|
1164 |
|
890-461-30 |
Unknown |
Island West Hanging Wall |
61.00 |
63.45 |
2.45 |
|
14.35 |
|
911 |
|
1025-517-04 |
Unknown |
Island West Hanging Wall |
291.20 |
293.35 |
2.15 |
|
14.17 |
|
1175 |
|
1015-624-01 |
Unknown |
Island East Footwall |
58.70 |
61.00 |
2.30 |
|
14.15 |
|
947 |
|
1025-517-16 |
Unknown |
Island West Hanging Wall |
296.45 |
298.45 |
2.00 |
|
13.41 |
|
1213 |
|
850-475-15 |
Unknown |
Island West Hanging Wall |
17.45 |
21.25 |
3.80 |
|
13.25 |
|
864 |
|
790-479-53 |
Unknown |
Island West Footwall |
137.45 |
140.20 |
2.75 |
|
12.34 |
|
754 |
|
790-479-53 |
Unknown |
Island West Footwall |
73.10 |
75.95 |
2.85 |
|
11.65 |
|
782 |
|
840-632-47 |
Unknown |
Island East Footwall |
89.10 |
92.30 |
3.20 |
|
11.61 |
|
799 |
|
1025-517-24 |
Unknown |
Island West Hanging Wall |
245.50 |
250.35 |
4.85 |
|
11.60 |
|
1182 |
|
1040-619-36 |
Unknown |
Island East Footwall |
141.05 |
145.90 |
4.85 |
|
10.98 |
|
1119 |
|
490-456-47 |
Unknown |
Island West Hanging Wall |
188.75 |
191.85 |
3.10 |
|
10.84 |
|
431 |
|
1040-619-22 |
Unknown |
Island East Footwall |
180.45 |
191.00 |
10.55 |
|
10.59 |
|
1158 |
|
945-624-39 |
Unknown |
Island East Hanging Wall |
191.88 |
198.70 |
6.82 |
|
10.50 |
|
1113 |
|
1040-619-24 |
Unknown |
Island East Footwall |
199.85 |
205.45 |
5.60 |
|
10.49 |
|
1179 |
|
945-624-40 |
Unknown |
Island East Hanging Wall |
237.05 |
240.15 |
3.10 |
|
10.34 |
|
1159 |
|
1130-623-20 |
Unknown |
Island East Footwall |
65.80 |
67.95 |
2.15 |
|
10.13 |
|
1129 |
|
945-624-26 |
Unknown |
Island East Footwall |
252.00 |
253.95 |
1.95 |
|
9.50 |
|
1131 |
|
890-461-10 |
Unknown |
Island West Hanging Wall |
198.15 |
203.60 |
5.45 |
|
20.75 |
|
879 |
|
850-475-14 |
Unknown |
Island West Hanging Wall |
133.40 |
137.00 |
3.60 |
|
8.81 |
|
960 |
|
850-475-08 |
Unknown |
Island West Footwall |
159.10 |
161.50 |
2.40 |
|
8.74 |
|
979 |
|
890-461-18 |
Unknown |
Island West Footwall |
59.30 |
60.75 |
1.45 |
|
8.57 |
|
887 |
|
490-450-01 |
Unknown |
Island West Hanging Wall |
261.00 |
264.00 |
3.00 |
|
8.52 |
|
552 |
|
1040-619-34 |
Unknown |
Island East Footwall |
135.00 |
138.80 |
3.80 |
|
8.47 |
|
1117 |
|
1040-619-26 |
Unknown |
Island East Footwall |
144.65 |
148.85 |
4.20 |
|
8.30 |
|
1145 |
|
850-475-18 |
Unknown |
Island West Footwall |
171.15 |
173.60 |
2.45 |
|
8.27 |
|
1000 |
|
840-578-29 |
Unknown |
Island East Footwall |
195.00 |
197.25 |
2.25 |
|
7.75 |
|
909 |
|
900-506-13 |
Unknown |
Island West Hanging Wall |
159.15 |
160.90 |
1.75 |
|
7.59 |
|
888 |
|
850-475-01 |
Unknown |
Island West Footwall |
94.80 |
97.20 |
2.40 |
|
7.46 |
|
891 |
|
840-530-10 |
Unknown |
Island East Footwall |
582.05 |
590.65 |
8.60 |
|
7.41 |
|
1286 |
|
850-475-11 |
Unknown |
Island West Hanging Wall |
18.10 |
21.80 |
3.70 |
|
7.36 |
|
865 |
|
790-479-42 |
Unknown |
Island West Footwall |
45.80 |
48.90 |
3.10 |
|
7.29 |
|
820 |
|
1040-619-25 |
Unknown |
Island East Footwall |
100.70 |
105.70 |
5.00 |
|
7.28 |
|
1097 |
|
1040-619-23 |
Unknown |
Island East Footwall |
104.80 |
107.45 |
2.65 |
|
6.93 |
|
1087 |
|
850-475-06 |
Unknown |
Island West Footwall |
121.00 |
124.05 |
3.05 |
|
6.93 |
|
938 |
|
1025-517-28 |
Unknown |
Island West Hanging Wall |
182.60 |
188.30 |
5.70 |
|
6.55 |
|
1057 |
|
890-461-03 |
Unknown |
Island West Footwall |
149.15 |
153.40 |
4.25 |
|
6.41 |
|
980 |
|
490-450-03 |
Unknown |
Island West Footwall |
143.50 |
148.20 |
4.70 |
|
6.37 |
|
518 |
|
580-473-39 |
Unknown |
Island West Hanging Wall |
136.50 |
139.50 |
3.00 |
|
6.35 |
|
551 |
|
945-624-40 |
Unknown |
Island East Hanging Wall |
175.00 |
178.10 |
3.10 |
|
6.14 |
|
1097 |
|
945-624-39 |
Unknown |
Island East Hanging Wall |
160.00 |
163.00 |
3.00 |
|
6.07 |
|
1080 |
|
945-624-42 |
Unknown |
Island East Hanging Wall |
370.65 |
373.30 |
2.65 |
|
6.04 |
|
1286 |
|
890-461-02 |
Unknown |
Island West Footwall |
50.75 |
51.85 |
1.10 |
|
5.99 |
|
905 |
|
580-473-33 |
Unknown |
Island West Hanging Wall |
215.10 |
216.50 |
1.40 |
|
5.99 |
|
522 |
|
790-479-49 |
Unknown |
Island West Footwall |
102.00 |
107.00 |
5.00 |
|
5.97 |
|
793 |
|
890-461-30 |
Unknown |
Island West Footwall |
270.10 |
274.80 |
4.70 |
|
5.90 |
|
1073 |
|
1025-517-26 |
Unknown |
Island West Hanging Wall |
257.50 |
259.65 |
2.15 |
|
5.61 |
|
1172 |
|
945-624-39 |
Unknown |
Island East Hanging Wall |
313.60 |
318.70 |
5.10 |
|
5.50 |
|
1233 |
|
580-473-29 |
Unknown |
Island West Hanging Wall |
258.31 |
262.40 |
4.09 |
|
5.42 |
|
702 |
|
890-461-03 |
Unknown |
Island West Hanging Wall |
236.50 |
238.60 |
2.10 |
|
5.35 |
|
1048 |
|
850-475-05 |
Unknown |
Island West Hanging Wall |
15.05 |
17.60 |
2.55 |
|
5.16 |
|
858 |
|
790-479-53 |
Unknown |
Island West Footwall |
116.00 |
118.00 |
2.00 |
|
5.08 |
|
764 |
|
945-624-47 |
Unknown |
Island East Hanging Wall |
276.10 |
278.55 |
2.45 |
|
4.83 |
|
1186 |
|
890-461-18 |
Unknown |
Island West Footwall |
53.45 |
54.50 |
1.05 |
|
4.80 |
|
884 |
|
890-461-22 |
Unknown |
Island West Hanging Wall |
143.50 |
146.70 |
3.20 |
|
4.73 |
|
964 |
|
945-624-53 |
Unknown |
Island East Footwall |
321.20 |
324.55 |
3.35 |
|
4.55 |
|
1238 |
|
850-475-18 |
Unknown |
Island West Footwall |
163.40 |
165.45 |
2.05 |
|
4.50 |
|
993 |
|
490-456-14 |
Unknown |
Island West Hanging Wall |
211.60 |
212.40 |
0.80 |
|
4.26 |
|
398 |
|
840-632-42 |
Unknown |
Island East Footwall |
101.78 |
104.10 |
2.32 |
|
4.20 |
|
826 |
|
890-461-30 |
Unknown |
Island West Footwall |
181.90 |
185.60 |
3.70 |
|
4.16 |
|
1004 |
|
890-461-10 |
Unknown |
Island West Hanging Wall |
206.15 |
210.00 |
3.85 |
|
4.15 |
|
880 |
|
790-448-01 |
Unknown |
Island West Footwall |
95.60 |
98.25 |
2.65 |
|
4.11 |
|
885 |
|
1025-517-10 |
Unknown |
Island West Footwall |
90.05 |
93.20 |
3.15 |
|
4.11 |
|
1058 |
|
1040-619-34 |
Unknown |
Island East Footwall |
100.45 |
103.40 |
2.95 |
|
4.01 |
|
1098 |
|
620-595-11 |
Unknown |
Island East Footwall |
20.50 |
22.15 |
1.65 |
|
3.90 |
|
609 |
|
490-456-54 |
Unknown |
Island West Footwall |
109.25 |
110.20 |
0.95 |
|
3.53 |
|
436 |
|
945-624-53 |
Unknown |
Island East Footwall |
349.90 |
352.50 |
2.60 |
|
3.40 |
|
1266 |
|
490-456-13 |
Unknown |
Island West Hanging Wall |
140.70 |
143.00 |
2.30 |
|
3.24 |
|
449 |
|
1025-517-11 |
Unknown |
Island West Footwall |
66.45 |
68.25 |
1.80 |
|
3.01 |
|
1036 |
|
MH39-01 |
E1E |
Island East |
1251.47 |
1254.45 |
2.98 |
2.22 |
28.66 |
28.66 |
1180 |
|
MH39-03 |
E1E |
Island East |
1223.60 |
1228.40 |
4.80 |
3.91 |
11.75 |
11.75 |
1136 |
|
MH37-02 |
E1E |
Island East |
1828.30 |
1831.71 |
3.41 |
2.65 |
8.79 |
8.79 |
1787 |
|
MH37-01 |
E1E |
Island East |
1882.52 |
1889.64 |
7.12 |
5.26 |
4.17 |
4.17 |
1846 |
|
MH39-02 |
E1E |
Island East |
1216.00 |
1218.65 |
2.65 |
2.07 |
1.60 |
1.60 |
1139 |
|
MH38-01A |
E1E |
Island East |
1258.00 |
1262.00 |
4.00 |
2.87 |
0.29 |
0.29 |
1171 |
| |
|
|
|
|
|
|
|
|
|
Table 2: Island Gold – Previously
Unreleased Select Composite Intervals from Underground Delineation
and Definition Drilling,
Composite intervals greater than 100 g*m
g/t Au weighted average, capping values:
Island Main and East (E1E Zone) @ 185 g/t
Au
|
Hole ID |
Zone |
Target Area |
From (m) |
To (m) |
Core Length (m) |
True Width (m) |
Au Uncut (g/t) |
Au Cut (g/t) |
Vertical Depth (m) |
|
1040-619-27 |
E1E |
Island East |
131.90 |
145.55 |
13.65 |
8.28 |
135.39 |
94.41 |
1128 |
|
1040-619-27 |
E1E |
Island East |
153.55 |
160.20 |
6.65 |
2.51 |
100.65 |
94.10 |
1139 |
|
1040-619-28 |
E1E |
Island East |
87.75 |
116.25 |
28.50 |
17.19 |
102.42 |
68.19 |
1090 |
|
1130-623-20 |
E1E |
Island East |
130.30 |
140.40 |
10.10 |
5.23 |
101.13 |
53.97 |
1172 |
|
1130-623-14 |
E1E |
Island East |
42.00 |
46.36 |
4.36 |
3.42 |
65.89 |
44.50 |
1083 |
|
945-624-53 |
E1E |
Island East |
274.00 |
293.00 |
19.00 |
9.89 |
29.75 |
29.75 |
1200 |
|
1130-623-33 |
E1E |
Island East |
153.00 |
187.10 |
34.10 |
12.54 |
37.63 |
29.59 |
1203 |
|
945-624-55 |
E1E |
Island East |
309.30 |
326.60 |
17.30 |
8.35 |
27.70 |
26.52 |
1229 |
|
1130-623-19 |
E1E |
Island East |
72.00 |
82.75 |
10.75 |
7.90 |
26.22 |
26.22 |
1129 |
|
1040-619-29 |
E1E |
Island East |
94.80 |
103.05 |
8.25 |
5.26 |
51.19 |
26.03 |
1083 |
|
1040-619-31 |
E1E |
Island East |
203.85 |
234.00 |
30.15 |
11.15 |
33.66 |
22.31 |
1203 |
|
1130-623-19 |
E1E |
Island East |
107.50 |
118.80 |
11.30 |
5.84 |
21.68 |
20.20 |
1149 |
|
1130-623-01 |
E1E |
Island East |
62.20 |
99.80 |
37.60 |
19.66 |
19.95 |
16.93 |
1111 |
|
1040-619-30 |
E1E |
Island East |
93.60 |
101.60 |
8.00 |
5.17 |
26.03 |
15.22 |
1074 |
|
1130-623-29 |
E1E |
Island East |
74.70 |
101.07 |
26.37 |
15.87 |
13.24 |
9.85 |
1136 |
| |
|
|
|
|
|
|
|
|
|
Table 3: Island Gold – Previously
Unreleased Composite Intervals from North Shear and Webb Lake Stock
Exploration Drilling. True width reported for North Shear
composites, all other composites reported as core length. Gold
grades are reported as uncut.
|
Hole ID |
Including |
Target Area |
From (m) |
To (m) |
Core Length (m) |
True Width (m) |
Au Uncut (g/t) |
Vertical Depth (m) |
|
24IGX071 |
|
Unknown |
146.09 |
151.98 |
5.89 |
|
5.94 |
105 |
|
|
Including |
|
148.78 |
149.24 |
0.46 |
|
65.90 |
|
|
|
and |
North Shear |
221.75 |
226.45 |
4.70 |
4.32 |
12.10 |
155 |
|
|
Including |
|
221.75 |
223.25 |
1.50 |
1.38 |
34.90 |
|
|
|
and |
Webb Lake |
493.36 |
499.00 |
5.64 |
|
15.52 |
332 |
|
|
Including |
|
493.36 |
493.83 |
0.47 |
|
179.00 |
|
|
|
and |
Unknown |
502.58 |
502.96 |
0.38 |
|
51.00 |
338 |
|
|
and |
Unknown |
628.54 |
634.4 |
5.86 |
|
1.10 |
419 |
|
|
and |
Unknown |
722.63 |
730.32 |
7.69 |
|
1.42 |
477 |
|
24IGX072 |
|
North Shear |
149.12 |
158.37 |
9.25 |
6.01 |
2.09 |
146 |
|
|
Including |
|
155.12 |
155.55 |
0.43 |
0.28 |
16.75 |
|
|
|
and |
Webb Lake |
225.00 |
227.76 |
2.76 |
|
3.41 |
213 |
|
|
Including |
|
225.00 |
225.40 |
0.40 |
|
10.25 |
|
|
|
and |
Webb Lake |
231.90 |
233.61 |
1.71 |
|
7.19 |
219 |
|
|
Including |
|
232.78 |
233.61 |
0.83 |
|
13.50 |
|
|
|
and |
Webb Lake |
278.50 |
283.69 |
5.20 |
|
2.44 |
264 |
|
24IGX073 |
|
North Shear |
90.97 |
96.62 |
5.65 |
4.92 |
3.65 |
68 |
|
|
Including |
|
91.79 |
92.79 |
1.00 |
0.87 |
10.20 |
|
|
|
and |
North Shear |
118.30 |
125.35 |
7.05 |
6.14 |
1.11 |
88 |
|
|
and |
Webb Lake |
160.51 |
167.94 |
7.43 |
|
7.97 |
120 |
|
|
Including |
|
164.80 |
165.10 |
0.30 |
|
153.50 |
|
|
|
and |
Webb Lake |
255.76 |
256.97 |
1.21 |
|
17.96 |
185 |
|
|
Including |
|
255.76 |
256.34 |
0.58 |
|
35.50 |
|
|
24IGX074 |
|
North Shear |
129.55 |
143.32 |
13.77 |
11.04 |
0.98 |
101 |
|
|
|
|
|
|
|
|
|
|
Table 4: Underground exploration drill
holes; azimuth, dip, drilled length, and collar location at surface
(UTM NAD83).
|
Hole ID |
Azimuth (°) |
Dip (°) |
Drilled Length (m) |
UTM Easting (m) |
UTM Northing (m) |
UTM Elevation (m) |
|
490-450-01 |
174 |
-16 |
375 |
690072 |
5351600 |
-100 |
|
490-450-03 |
200 |
-14 |
392 |
690072 |
5351600 |
-100 |
|
490-456-08 |
136 |
19 |
167 |
690122 |
5351595 |
-99 |
|
490-456-13 |
166 |
13 |
345 |
690121 |
5351594 |
-99 |
|
490-456-14 |
129 |
23 |
216 |
690122 |
5351595 |
-99 |
|
490-456-47 |
132 |
15 |
213 |
690122 |
5351595 |
-99 |
|
490-456-51 |
124 |
25 |
171 |
690122 |
5351595 |
-99 |
|
490-456-52 |
117 |
21 |
195 |
690122 |
5351595 |
-99 |
|
490-456-54 |
180 |
24 |
282 |
690120 |
5351594 |
-99 |
|
580-473-29 |
175 |
-26 |
276 |
690328 |
5351562 |
-202 |
|
580-473-33 |
238 |
15 |
237 |
690326 |
5351563 |
-201 |
|
580-473-39 |
208 |
14 |
306 |
690327 |
5351562 |
-202 |
|
580-473-40 |
200 |
11 |
261 |
690327 |
5351562 |
-201 |
|
620-595-11 |
216 |
-35 |
99 |
691447 |
5352062 |
-214 |
|
790-448-01 |
328 |
-46 |
1050 |
690076 |
5351522 |
-433 |
|
790-479-19 |
215 |
-7 |
237 |
690080 |
5351504 |
-432 |
|
790-479-41 |
159 |
9 |
177 |
690082 |
5351504 |
-431 |
|
790-479-42 |
150 |
-7 |
174 |
690082 |
5351504 |
-432 |
|
790-479-43 |
148 |
-30 |
174 |
690082 |
5351504 |
-433 |
|
790-479-44 |
139 |
-34 |
234 |
690083 |
5351504 |
-433 |
|
790-479-46 |
208 |
14 |
255 |
690080 |
5351505 |
-431 |
|
790-479-48 |
192 |
-7 |
192 |
690080 |
5351504 |
-432 |
|
790-479-49 |
187 |
10 |
177 |
690081 |
5351504 |
-431 |
|
790-479-50 |
161 |
-21 |
264 |
690082 |
5351504 |
-432 |
|
790-479-53 |
199 |
23 |
291 |
690080 |
5351505 |
-430 |
|
790-479-54 |
199 |
-13 |
240 |
690080 |
5351504 |
-432 |
|
790-479-55 |
209 |
-1 |
252 |
690080 |
5351504 |
-432 |
|
790-479-56 |
219 |
12 |
294 |
690080 |
5351505 |
-431 |
|
790-479-59 |
210 |
-12 |
294 |
690079 |
5351505 |
-432 |
|
790-479-66 |
221 |
1 |
309 |
690079 |
5351506 |
-432 |
|
790-479-68 |
196 |
10 |
261 |
690080 |
5351504 |
-431 |
|
840-530-07A |
137 |
-51 |
624 |
690850 |
5351795 |
-468 |
|
840-530-10 |
122 |
-44 |
651 |
690851 |
5351796 |
-468 |
|
840-578-29 |
170 |
-21 |
231 |
691309 |
5351963 |
-457 |
|
840-578-31 |
158 |
-28 |
297 |
691309 |
5351963 |
-457 |
|
840-632-42 |
163 |
1 |
135 |
691832 |
5352113 |
-447 |
|
840-632-47 |
194 |
19 |
204 |
691830 |
5352113 |
-445 |
|
850-475-01 |
352 |
-25 |
144 |
690422 |
5351407 |
-467 |
|
850-475-05 |
312 |
-33 |
189 |
690421 |
5351407 |
-467 |
|
850-475-06 |
326 |
-46 |
165 |
690421 |
5351407 |
-467 |
|
850-475-08 |
335 |
-52 |
252 |
690421 |
5351407 |
-468 |
|
850-475-11 |
18 |
-53 |
153 |
690423 |
5351407 |
-467 |
|
850-475-12 |
41 |
-41 |
183 |
690424 |
5351406 |
-467 |
|
850-475-13 |
30 |
-62 |
180 |
690424 |
5351406 |
-468 |
|
850-475-14 |
37 |
-52 |
189 |
690424 |
5351406 |
-468 |
|
850-475-15 |
42 |
-46 |
195 |
690425 |
5351406 |
-468 |
|
850-475-18 |
304 |
-60 |
192 |
690421 |
5351406 |
-468 |
|
850-475-25 |
287 |
-57 |
204 |
690420 |
5351406 |
-468 |
|
850-475-26 |
296 |
-53 |
213 |
690420 |
5351406 |
-468 |
|
890-461-01 |
123 |
-42 |
318 |
690220 |
5351521 |
-482 |
|
890-461-02 |
138 |
-52 |
321 |
690220 |
5351521 |
-482 |
|
890-461-03 |
162 |
-50 |
261 |
690220 |
5351521 |
-482 |
|
890-461-10 |
166 |
-4 |
225 |
690220 |
5351521 |
-482 |
|
890-461-11 |
181 |
-13 |
242 |
690220 |
5351521 |
-482 |
|
890-461-13 |
170 |
-23 |
219 |
690220 |
5351521 |
-482 |
|
890-461-14 |
158 |
-31 |
270 |
690220 |
5351521 |
-482 |
|
890-461-18 |
122 |
-21 |
207 |
690218 |
5351520 |
-482 |
|
890-461-21 |
148 |
-52 |
342 |
690217 |
5351519 |
-484 |
|
890-461-22 |
162 |
-42 |
225 |
690217 |
5351519 |
-484 |
|
890-461-30 |
121 |
-48 |
327 |
690220 |
5351521 |
-482 |
|
900-506-06 |
237 |
-14 |
315 |
690681 |
5351597 |
-541 |
|
900-506-13 |
225 |
11 |
390 |
690681 |
5351597 |
-540 |
|
900-506-14 |
185 |
-27 |
222 |
690683 |
5351595 |
-541 |
|
945-624-21 |
30 |
-85 |
389 |
691895 |
5351769 |
-538 |
|
945-624-26 |
45 |
-54 |
339 |
691898 |
5351769 |
-538 |
|
945-624-30 |
61 |
-66 |
390 |
691899 |
5351769 |
-539 |
|
945-624-39 |
261 |
-84 |
450 |
691895 |
5351766 |
-538 |
|
945-624-40 |
164 |
-87 |
459 |
691897 |
5351764 |
-538 |
|
945-624-41A |
132 |
-83 |
477 |
691897 |
5351764 |
-538 |
|
945-624-42 |
101 |
-76 |
501 |
691898 |
5351765 |
-538 |
|
945-624-47 |
56 |
-72 |
351 |
691899 |
5351767 |
-539 |
|
945-624-53 |
292 |
-83 |
402 |
691895 |
5351766 |
-538 |
|
945-624-55 |
67 |
-74 |
390 |
691898 |
5351767 |
-538 |
|
945-624-59 |
20 |
-24 |
321 |
691898 |
5351770 |
-537 |
|
1015-624-01 |
213 |
49 |
93 |
691810 |
5351940 |
-610 |
|
1015-624-10 |
136 |
-15 |
95 |
691812 |
5351940 |
-614 |
|
1025-517-01 |
185 |
-18 |
390 |
690778 |
5351653 |
-624 |
|
1025-517-02 |
179 |
-36 |
375 |
690778 |
5351653 |
-624 |
|
1025-517-04 |
198 |
-35 |
345 |
690778 |
5351653 |
-624 |
|
1025-517-05 |
180 |
2 |
162 |
690778 |
5351653 |
-623 |
|
1025-517-08 |
195 |
-8 |
303 |
690777 |
5351653 |
-624 |
|
1025-517-10 |
165 |
-35 |
290 |
690779 |
5351653 |
-624 |
|
1025-517-11 |
180 |
-27 |
342 |
690778 |
5351653 |
-624 |
|
1025-517-12 |
188 |
-40 |
465 |
690778 |
5351653 |
-624 |
|
1025-517-14 |
180 |
-9 |
141 |
690778 |
5351653 |
-624 |
|
1025-517-16 |
131 |
-44 |
333 |
690779 |
5351654 |
-625 |
|
1025-517-20 |
131 |
-42 |
285 |
690780 |
5351654 |
-625 |
|
1025-517-21 |
192 |
4 |
360 |
690777 |
5351653 |
-623 |
|
1025-517-22 |
190 |
-26 |
381 |
690778 |
5351653 |
-624 |
|
1025-517-23 |
185 |
-7 |
369 |
690778 |
5351653 |
-624 |
|
1025-517-24 |
160 |
-45 |
510 |
690779 |
5351653 |
-624 |
|
1025-517-26 |
159 |
-39 |
444 |
690779 |
5351654 |
-624 |
|
1025-517-28 |
217 |
-15 |
273 |
690777 |
5351653 |
-624 |
|
1025-517-31 |
190 |
-14 |
300 |
690778 |
5351653 |
-624 |
|
1040-619-21 |
219 |
-23 |
294 |
691771 |
5351928 |
-662 |
|
1040-619-22 |
205 |
-35 |
312 |
691772 |
5351927 |
-662 |
|
1040-619-23 |
205 |
-23 |
189 |
691772 |
5351927 |
-662 |
|
1040-619-24 |
194 |
-40 |
279 |
691772 |
5351927 |
-663 |
|
1040-619-25 |
193 |
-29 |
189 |
691772 |
5351927 |
-662 |
|
1040-619-26 |
176 |
-41 |
255 |
691775 |
5351927 |
-661 |
|
1040-619-27 |
168 |
-36 |
204 |
691774 |
5351927 |
-662 |
|
1040-619-28 |
170 |
-26 |
147 |
691774 |
5351927 |
-662 |
|
1040-619-29 |
158 |
-23 |
135 |
691774 |
5351927 |
-662 |
|
1040-619-30 |
150 |
-18 |
120 |
691774 |
5351927 |
-662 |
|
1040-619-31 |
153 |
-44 |
279 |
691774 |
5351927 |
-663 |
|
1040-619-32 |
142 |
-42 |
300 |
691775 |
5351927 |
-663 |
|
1040-619-33 |
134 |
-40 |
312 |
691775 |
5351927 |
-663 |
|
1040-619-34 |
138 |
-31 |
225 |
691775 |
5351927 |
-662 |
|
1040-619-35 |
197 |
-33 |
216 |
691773 |
5351927 |
-662 |
|
1040-619-36 |
209 |
-30 |
219 |
691772 |
5351927 |
-662 |
|
1130-623-01 |
208 |
-17 |
150 |
691821 |
5351897 |
-705 |
|
1130-623-09 |
113 |
-15 |
168 |
691826 |
5351898 |
-705 |
|
1130-623-10 |
117 |
-7 |
129 |
691826 |
5351899 |
-705 |
|
1130-623-14 |
139 |
4 |
81 |
691823 |
5351897 |
-705 |
|
1130-623-18 |
157 |
-13 |
90 |
691822 |
5351896 |
-705 |
|
1130-623-19 |
157 |
-32 |
144 |
691822 |
5351897 |
-706 |
|
1130-623-20 |
162 |
-38 |
177 |
691822 |
5351897 |
-706 |
|
1130-623-26 |
192 |
-37 |
114 |
691821 |
5351897 |
-706 |
|
1130-623-27 |
202 |
-34 |
132 |
691821 |
5351897 |
-706 |
|
1130-623-29 |
193 |
-32 |
156 |
691822 |
5351897 |
-706 |
|
1130-623-32 |
118 |
-29 |
186 |
691825 |
5351898 |
-706 |
|
1130-623-33 |
132 |
-41 |
291 |
691825 |
5351898 |
-706 |
| |
|
|
|
|
|
|
Note: UTM mine surface elevation 393 m
Table 5: Surface drill holes; azimuth,
dip, drilled length, and collar location at surface (UTM
NAD83).
|
Hole ID |
Azimuth (°) |
Dip (°) |
Drilled Length (m) |
UTM Easting (m) |
UTM Northing (m) |
UTM Elevation (m) |
|
MH37-01 |
325 |
-85 |
2216 |
693047 |
5351346 |
388 |
|
MH37-02 |
325 |
-85 |
2064 |
693047 |
5351346 |
388 |
|
MH38-01A |
317 |
-74 |
1436 |
691647 |
5351377 |
399 |
|
MH39-01 |
338 |
-77 |
1418 |
691646 |
5351376 |
399 |
|
MH39-02 |
338 |
-77 |
1376.7 |
691646 |
5351376 |
399 |
|
MH39-03 |
338 |
-77 |
1358 |
691646 |
5351376 |
399 |
|
24IGX071 |
162 |
-45 |
773 |
689591 |
5351875 |
390 |
|
24IGX072 |
170 |
-70 |
302 |
690052 |
5351883 |
385 |
|
24IGX073 |
150 |
-47 |
323 |
690052 |
5351883 |
385 |
|
24IGX074 |
132 |
-47 |
302 |
690052 |
5351884 |
385 |
Note: UTM mine surface elevation 393 m
Figure 1: Island Gold Mine – C/E1E
Longitudinal: New C & E1E-Zone Underground Exploration Drilling
Highlights
Figure 2: Island Gold Mine – New
Underground Exploration Drilling Highlights: Hanging Wall &
Footwall Zones
Figure 3: Island Gold North Shear Plan
Map – New & Historic Drilling Results
Figure 4: North Shear Longitudinal – New
& Historic Drilling Results
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f57371d9-973d-4474-a9d3-a78e214e3f79
https://www.globenewswire.com/NewsRoom/AttachmentNg/9579c4c2-ebc5-44e9-bf88-82fa9f6d267e
https://www.globenewswire.com/NewsRoom/AttachmentNg/b4b73c92-2f86-4208-a5e7-aade2fe0ce46
https://www.globenewswire.com/NewsRoom/AttachmentNg/3b8d798b-ae69-43f7-bd42-0541da8d773e
Grafico Azioni Alamos Gold (TSX:AGI)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni Alamos Gold (TSX:AGI)
Storico
Da Nov 2023 a Nov 2024
