Alamos Gold Inc (TSX:AGI)


Alamos Gold Inc is a gold mining company with significant operations in Canada and Mexico.

In 2003, Alamos Gold Inc was a result of the merger between National Gold and Alamos Minerals.

The company says it presently operates three mines in Canada and Mexico. Island Gold mines and Young-Davidson are located in Ontario’s north and northwestern region.

In Mexico, the exploration company operates Mulatos mine in Sonora State.

The gold producer has several development-stage projects in the United States, Mexico, Turkey and Canada.

Island Gold Mine

It is an underground gold mine located in Ontario province. Alamos Gold Inc has a 100 per cent interest in this high-grade, low-cost mine.

Mulatos Mine

Mulatos Mine is a conventional open-pit gold mine located in Sonora, Mexico. The company claims that the mine has produced nearly two million ounces of gold since 2005.

Young Davidson mine

It is reportedly the mining company's flagship operation located in Ontario, which consists of contiguous mineral leases. The mining method comprises a ramp system with two shafts.

The four significant development projects include:

Lynn Lake Project: It consists of five near surface deposits and is high-grade, open-pit gold mines. It is located in Manitoba, Canada.

Esperanza Project: Located in Morelos State, Mexico, it is an open-pit, heap leach project where Alamos Gold Inc has 100 per cent ownership. It acquired the development project in 2013.

Quartz Mountain Project: It is a later stage exploration project, where in the company can acquire 100 per cent stake in project upon payment of C$ 3 million to Seabridge Gold Inc. It is located in south-central Oregon region in the United States.

Turkish Development Projects: Includes three high-return, low-cost operations, namely, Kirazli Project, Ağı Dağı Project and Çamyurt Project.

The company claims to be a member of the World Gold Council and follows Responsible Gold Mining Principles, a global framework to address ESG issues in the gold-focuses mining sector.

Contact Information

company address 181 BAY STREET, SUITE 3910 TORONTO, ON M5J 2T3 CANADA

company phone1-416-368-9932

company email[email protected]

company website

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