Minera Alamos Completes Six-Fold Increase in Concession Area Surrounding the La Fortuna Gold Project


TORONTO, ONTARIO–(Marketwired – Aug. 18, 2016) – Minera Alamos Inc. (TSX VENTURE:MAI) (the “Company” or “Minera Alamos“) is pleased to announce it has acquired more than 5200 hectares in additional mineral concessions surrounding the La Fortuna gold project in Durango Mexico. The new claims were acquired directly from the federal mining authorities in Mexico (Dirección General de Minas) with no payments to any other third parties. The Company’s total land package now sits at over 6200 hectares.

“The fault structures and tourmaline breccias throughout the La Fortuna Project area have been the source of significant historical mining activity. To date only a limited portion of the La Fortuna Main Zone has been drilled to produce the current NI 43-101 compliant resource,” said Miguel Cardona, Vice President, Exploration at Minera Alamos. “This opportunity to increase our land holdings so substantially provides considerable upside for resource growth as the project continues to advance. We are now reworking our planning to include the newly acquired property in our upcoming exploration program”.

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