GOLD: Alamos proceeds with Island Gold shaft expansion
Jul 15, 2020#0183;#32;TORONTO Based on the strong economics of the Phase III Expansion study for the Island Gold mine in Ontario, which includes a new 1,373metre shaft, Alamos Gold announced that it is proceeding with an expansion of the underground mine to 2,000 t/d, up from 1,200 t/d currently. The expansion study outlined average annual gold production of 236,000 oz. annually starting in 2025,