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Alamos Gold Completes Land Agreement on Mulatos Property.


TORONTO -- Alamos The name Álamos can refer to the following:
  • Álamos, Guanajuato
  • Álamos, Sonora
  • Alamos, the band
  • The plural form of The Alamo
 Gold Inc. ("Alamos Gold") (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
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:AGI (Artificial General Intelligence) A machine intelligence that resembles that of a human being. Considered impossible by many, most artificial intelligence (AI) research, projects and products deal with specific applications such as industrial robots, playing chess, ) reports that a vote of the Mulatos Ejido ejido (āhē`thō) [Span.,=common land], in Mexico, agricultural land expropriated from large private holdings and redistributed to communal farms.  held on July 8th, 2004, unanimously approved a new land agreement with Alamos Gold, allowing for the outright purchase of land collectively owned by the Ejido and until now under lease to Alamos Gold. A final payment in the amount of US$678,000, which was due on approval of the agreement, was made by Alamos Gold to the Ejido.

The Ejido further approved compensation agreements reached between Alamos Gold and individual Ejido members that possess land which would be directly affected by the future mining operations.

Formal documentation for the purchase and transfer of title of the Ejido land was also completed and delivered to Minas de Oro Minas de Oro is a municipality in the Honduran department of Comayagua. General information
Name origin
During one of his visits to this place, Juan Lindo discovered a gold mine. For that reason it has continued to be called "Minas de Oro" (Gold Mines).
 Nacional, a wholly-owned subsidiary of Alamos Gold. It is expected that an additional 8 to 10 months will be required for the National Agrarian Registry to process the agreement, after which Alamos Gold will have registered title of the land.

Alamos Gold, a development stage mining company, has 100% ownership of the Mulatos Deposit, one of the largest measured, indicated, and inferred gold resources in Mexico.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
COPYRIGHT 2004 Business Wire
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 12, 2004
Words:209
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