Alamos gold announces updated feasibility study for the lynn lake project outlining larger, longer-life, low-cost operation in canada with attractive economics and significant exploration upside

Toronto, aug. 02, 2023 (globe newswire) -- alamos gold inc. (tsx:agi; nyse:agi) (“alamos” or the “company”) today reported results from the updated feasibility study (“2023 study”) conducted on the lynn lake project (“lynn lake”), located in manitoba, canada. the 2023 study replaces the previous feasibility study completed in 2017 (“2017 study”) and incorporates a 44% larger mineral reserve and 14% increase in milling rates to 8,000 tonnes per day (“tpd”) supporting a larger, longer-life, low-cost operation.
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