Minera Alamos Inc - Mining Stock Analysis & Updates

Minera Alamos Announces Corporate Update - Debt Shares and Omnibus Incentive Plan

Minera Alamos Copperstone PEA

Minera Alamos Inc. reissued a Preliminary Economic Assessment (PEA) for its Copperstone Mine in Arizona, showing strong post-tax economics, low capital costs, and potential for resource expansion. The PEA indicates an average production of 40,765 oz gold annually over six years.

Minera Alamos Announces Results of Annual and Special General Meeting

Minera Alamos Inc. announced that shareholders overwhelmingly approved all proposals at its AGM on February 28, 2025, including board nominations and auditor appointments. A total of 210 million shares were voted, representing 42.07% of total shares.

Minera Alamos Announces Closing of Sabre Gold Acquisition

Minera Alamos has acquired Sabre Gold Mines and its Copperstone gold project, enhancing its North American production capabilities. The acquisition allows for a quick restart of the Copperstone mine, which has significant resources and is well-positioned for strong gold prices.

Minera Alamos Announces Auramet Loan Extension

Minera Alamos Inc. received conditional approval from TSXV to extend a loan agreement deadline to May 2025, reflecting improved permitting conditions in Mexico. The company plans to issue shares to cover a US$400,000 extension fee as it progresses with its gold mine project.

Minera Alamos Issues Operations Update and Q3 Financials

Minera Alamos Inc. reports a successful Q3 2024 with increased mining and stacking at the Santana Gold Project, marking the first full quarter of production. They are expanding operations and have initiated a leach pad expansion, anticipating improved financial performance. The company also plans to acquire Sabre Gold Mines, supporting growth in 2025.

Minera Alamos Provides Sabre Gold Acquisition and Operations Update

Minera Alamos Inc. is preparing for the expansion of the Santana Phase 2 Pad, following its recent acquisition of Sabre Gold and its Copperstone gold project in Arizona. The transaction is expected to finalize after a Sabre shareholder meeting set for January 14th, 2025. In addition, Sabre announced the repurchase of a 1.5% existing net smelter royalty on the Copperstone project. The company is also preparing updated process models for the new Copperstone processing facility and is reworking underground development plans. The company's grinding and flotation equipment is being prepped for shipment to Copperstone in early 2025. Over the coming months, the company will quantify the positive impact of these initiatives on the Copperstone

Minera Alamos Announces Acquisition of Sabre Gold

Minera Alamos Inc. and Sabre Gold Mines Corp. have entered into an agreement where Minera Alamos will acquire all shares of Sabre Gold. This acquisition will enhance Minera Alamos's position as a growth-oriented gold producer. The addition of the Copperstone mine in Arizona will provide visibility to a further 150koz of annual gold production. The Copperstone mine, formerly produced a total of 514,000 oz of gold from 1987 to 1993, is at an advanced stage for a near-term mine restart. The transaction is supported by Sabre Creditors, eliminating approximately $9.4 million of existing debt at a 15% discount to face value.