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Alamos Gold Reports Significant Exploration Success at Island Gold Mine

Jan 13, 2025


By Kevin Vincent

Alamos Gold Inc. has announced spectacular new drilling results from its Island Gold Mine in the Abitibi region of Québec, highlighting high-grade gold intercepts across the main deposit and newly identified hanging wall and footwall structures.

“Our 2024 drilling program has delivered some of the most significant results in Island Gold’s history,” said John A. McCluskey, president and CEO. “With exceptional high-grade intercepts across multiple zones, we anticipate another year of growth in Mineral Reserves and Resources, marking the ninth consecutive year. Island Gold continues to establish itself as one of the highest-grade and fastest-growing deposits globally.”

Key Exploration Highlights

Main Zone Extensions

Island West (C-Zone):

• 67.68 g/t Au over 3.61 m (16.07 g/t cut)

• 31.59 g/t Au over 4.18 m (31.59 g/t cut)

Island East (E1E-Zone):

• 55.50 g/t Au over 3.87 m (45.31 g/t cut)

• 49.26 g/t Au over 2.07 m (49.26 g/t cut)

Hanging Wall and Footwall Discoveries

Significant high-grade intersections in these zones underline the potential for low-cost, near-mine development:

Island West DN2 Zone:

• 16.34 g/t Au over 1.99 m

• 7.86 g/t Au over 4.17 m

Island East E1D1 Zone:

• 63.51 g/t Au over 2.09 m (14.53 g/t cut)

• 26.38 g/t Au over 2.04 m

Footwall and Hanging Wall Expansions

Drilling has identified additional high-grade intersections, including:

Footwall:

• 584.20 g/t Au over 6.80 m

• 129.76 g/t Au over 2.90 m

Hanging Wall:

• 158.03 g/t Au over 2.00 m

• 46.75 g/t Au over 6.10 m

Island Gold East Conversion Success

Drilling has defined wider, higher-grade zones for conversion to Mineral Reserves:

• 31.42 g/t Au over 17.87 m

• 23.57 g/t Au over 19.34 m

Future Growth Potential

Alamos is focused on extending high-grade zones, expanding reserves, and continuing its Phase 3+ Expansion at Island Gold. The ongoing drilling success supports the mine’s potential for long-term growth and operational excellence.

About Alamos Gold

Alamos Gold is a Canadian-based intermediate gold producer with operations across North America. Its portfolio includes the Young-Davidson and Island Gold mines in Ontario, Canada, and the Mulatos District in Mexico.



Tags: Northern Ontario / Exploration / Gold / All Articles