Minera Alamos Inc. Completes La Fortuna Gold Project Acquisition

http://www.stockhouse.com/news/press-releases/2016/05/04/minera-alamos-inc-completes-la-fortuna-gold-project-acquisition

TORONTO, ONTARIO — (Marketwired) — 05/04/16 — Minera Alamos Inc. (TSX VENTURE:MAI) (the “Company” or “Minera Alamos”) is pleased to announce it has closed its acquisition of the La Fortuna Gold Project located in Durango Mexico from Argonaut Gold Inc. (“Argonaut”) (see the Company’s press release dated January 8, 2016).

“This acquisition is consistent with the Company’s objective of adding late stage development opportunities to our growing mineral property profile,” said Chris Frostad, Chief Executive Officer of Minera Alamos. “In the coming months we expect to issue a technical report defining the project economics. If deemed appropriate, a construction decision is scheduled to be made by the end of the year.”

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