Ticker Symbol: TSXV: MAI
Project Location: Mexico
Company Website: www.mineraalamos.com
Minera Alamos is one of the better performing stocks since June 2019, what are the main factors? It is transitioning to become the next gold producer in Mexico in 2020.
Learn about Minera Alamos Inc. (TSXV: MAI) on https://www.mineraalamos.com/ .
Minera Alamos is a gold development company poised to join the ranks of gold producers in 2020. 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 late 2020. 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. Minera Alamos is built around its operating team that together brought 3 mines in to production over the last 12 years.