ZACATECAS. Minera Alamos Inc. has finalized definitive agreements with the parties involved to acquire the entire Cerro de Oro gold project, which includes the Zacatecas I and Zacatecas II concessions, near the municipality of Concepción del Oro, subject to the approval of TSX Venture. Exchange.
The acquisition of the district’s two main claims, which contain a major gold project with 76 holes and 8,200 meters of historic drilling, brings the mining company’s total claims in the Concepción del Oro district to approximately six thousand,500 hexazones.
The two concessions are bounded by existing Minera Alamos concessions and the whole is surrounded by a larger claim owned by the company which provides all the land necessary to facilitate the development of the deposit.
“The Cerro de Oro gold project has many characteristics that mirror the El Castillo gold mine that our team developed under the Castle Gold Corporation banner from 2007 until its eventual sale in 2010,” said Darren Koningen, CEO of Minera Alamos.
Konngen explained that “Cerro de Oro contains a large disseminated gold system with a significant oxidation profile and an implied low fringe ratio, with most of the mineralized zones outcropping at the surface. »
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