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Alamos Gold Extends High-Grade Gold Mineralization Laterally and Down-Plunge at Island Gold

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Alamos Gold Extends High-Grade Gold Mineralization Laterally and Down-Plunge at Island Gold
Alamos Gold Inc.January 27, 2021 GMT
TORONTO, Jan. 27, 2021 (GLOBE NEWSWIRE) Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from surface and underground exploration drilling at the Island Gold Mine, further extending high-grade gold mineralization in Island Main, East and West. All reported drill widths are true width of the mineralized zones, unless otherwise stated.
Island East: high-grade gold mineralization extended 110 metres (“m”) down-plunge from the nearest Inferred Mineral Resource block, and up to 70 m below, and west of previously reported drillhole MH25-04 (28.97 g/t Au (26.89 g/t cut) over 21.76 m), the best surface directional hole drilled to date. New highlights include: ....

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Why Forecasts for Gold Prices May Be Predicting a Rise This Year Due to Weakening Dollar

Why Forecasts for Gold Prices May Be Predicting a Rise This Year Due to Weakening Dollar
FinancialNewsMedia.com News Commentary
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PALM BEACH, Fla., Jan. 27, 2021 /PRNewswire/ Since it January of a new year, it s time for Wall Street analysts and experts to chime in on predictions for the coming year, in stocks, bonds and, of course, metals… such as gold. The projections can be based on similar historical occurrences, where what happened before should happen again because when the present circumstances existed before this is what happened . They can go back several years of even decades. Other viewpoints point to situations that are viewed as well observed If Then rules. (i.e., IF this happens, THIS is the result ). Some analysts from both these viewpoints have looked into their crystal balls and have projected that gold will hit $2,300 in 2021. Here are some examples. An article on Yahoo relied upon its belief tha ....

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Alamos Gold Acquires Trillium Mining Consolidating Large Land Package Adjacent to Island Gold Mine

Alamos Gold Acquires Trillium Mining Consolidating Large Land Package Adjacent to Island Gold Mine
TORONTO, Dec. 17, 2020
Alamos Gold Inc. (
TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce that it has completed an agreement to acquire Trillium Mining Corp. (“Trillium”) for cash consideration of C$25 million. Trillium holds a large land package comprised of 5,418 hectares (“ha”) directly adjacent to, and along strike from the Island Gold Deposit within the Michipicoten Greenstone Belt.
The acquisition has significantly expanded the Company’s land package around the Island Gold mine to 14,929 ha, a 57% increase (see Figures 1 and 2). This newly acquired land includes significant exploration potential in proximity to existing high-grade Mineral Resources and regionally. ....

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Alamos Gold doubles its land base near Dubreuilville

Alamos Gold doubles its land base near Dubreuilville
Gold miner sees more high-grade possibilities east of its Island Gold Mine
Dec 20, 2020 1:00 PM
By: Northern Ontario Business Staff
Alamos Gold has wrapped up an agreement to acquire its Dubreuilville neighbour, Trillium Mining, for $25 million.
Trillium s namesake gold project is comprised of 5,418 hectares located to the east of Alamos Island Gold Deposit. It hosts the former Edwards and Cline gold mines. Dubreuilville is 15 kilometres to the west.
In a Dec. 17 news release, Alamos said this acquisition more than doubles their land position in the area by 57 per cent. The company will have almost 15,000 hectares at its disposal in Michipicoten Greenstone Belt of this northeastern Ontario gold camp. ....

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Alamos Gold Acquires Trillium Mining Consolidating Large Land Package Adjacent to Island Gold Mine

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Alamos Gold Acquires Trillium Mining Consolidating Large Land Package Adjacent to Island Gold Mine
Alamos Gold Inc.December 17, 2020 GMT
TORONTO, Dec. 17, 2020 (GLOBE NEWSWIRE) Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce that it has completed an agreement to acquire Trillium Mining Corp. (“Trillium”) for cash consideration of C$25 million. Trillium holds a large land package comprised of 5,418 hectares (“ha”) directly adjacent to, and along strike from the Island Gold Deposit within the Michipicoten Greenstone Belt.
The acquisition has significantly expanded the Company’s land package around the Island Gold mine to 14,929 ha, a 57% increase (see Figures 1 and 2). This newly acquired land includes significant exploration potential in proximity to existing high-grade Mineral Resources and regionally. ....

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