Minera Alamos Inc. is an advanced-stage exploration and development company with a growing portfolio of high-quality Mexican mining assets. The company, founded in 2004 and headquartered in Canada, is poised to become a gold producer in 2021. Its portfolio includes the 100%-owned Santana open-pit, heap-leach development project in Sonora, with first gold production expected in early 2021. Additionally, the company has acquired the 100%-owned Cerro de Oro oxide gold project in northern Zacatecas, already undergoing past drilling and metallurgical work, and the La Fortuna open-pit gold project in Durango, with a positive preliminary economic assessment (PEA) completed and main Federal permits in hand. With a recent $15.00M post-IPO equity investment in September 2020, Minera Alamos is strategically building upon its operational team's track record of bringing 3 mines into production in Mexico over the last 13 years.
The company's overarching strategy involves developing low capex assets, expanding project resources, and pursuing strategic acquisitions to ensure organic growth and expand its production profile. With a strong focus on the Mexican mining landscape, Minera Alamos Inc. showcases potential for substantial growth and a promising trajectory in the gold production sector.