Alamos Minerals and National Gold: Drilling Commences at the Mulatos Deposit.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Dec. 12, 2001 Alamos The name Álamos can refer to the following:
See Canadian Venture Exchange (CDNX). :AAS.); National Gold (CDNX:NGT NGT Night NGT National Grid Transco (UK gas transporter) NGT Nominal Group Technique NGT Not Greater Than NGT Next Generation Technology NGT Next Generation Telecom (China) NGT NASA Ground Terminal .) Alamos Minerals Ltd. announces that drilling is underway in the high grade Estrella pit of the Mulatos deposit, 220 kilometers east of Hermosillo in the State of Sonora, Mexico. The drilling program is intended to accurately define near-surface gold mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. of higher grade than previously published resources. The Estrella Zone is the higher grade core of the Mulatos deposit, and contains 1.16 million ounces of measured and indicated gold within 11.5 million tonnes grading 3.16 grams per tonne at a 2 gram cut-off cut-off Anesthesiology The point at which elongation of the carbon chain of the 1-alkanol family of anesthetics results in a precipitous drop in the anesthetic potential of these agents–eg, at > 12 carbons in length, there is little anesthetic activity, . The Mulatos deposit hosts a 3.4 million ounce gold resource within 68.8 million tonnes at a 0.8 gram cut off. The resource was defined on the basis of 511 drill holes and 994 samples from underground workings. The current drilling program, targeting two adjoining areas, will comprise up to 126 vertical holes varying in depth from 18 to 40 meters. The holes will be drilled on a grid of 12 meter spacing, and subsequently increased to 6 meter spacing as results warrant. A track mounted air percussion drill rig is being utilized. Samples for assay will be split on site. Half of each split will be shipped to the Bondar Clegg laboratory in Hermosillo for initial preparation. The samples will then be forwarded to the Bondar Clegg laboratory in Vancouver, B.C. for fire assay. Previous drilling in Estrella Zone identified an area of near surface ore grade Ore grade is a measure that describes the concentration of a valuable natural material (such as metals or minerals) in its surrounding ore. Ore grade is used to assess the economic feasibility of a mining operation: the cost of extracting a natural material from its ore is directly material. Closer spaced drilling in this area is required to accurately estimate the amount of contained gold that will be mined and stacked on a test leach pad. A bulk heap leach test is expected to follow the drilling program as part of a comprehensive feasibility study The analysis of a problem to determine if it can be solved effectively. The operational (will it work?), economical (costs and benefits) and technical (can it be built?) aspects are part of the study. Results of the study determine whether the solution should be implemented. . Alamos is in the process of filing a permit application to mine, crush, and heap leach 50,000 tons of ore. Mulatos is one of the claim areas within the 15,000 hectare Salamandra Property. The claims are owned by National Gold Corporation under an agreement with Tendoramex, SA de CV. Alamos can earn a 50% interest in the Property under an agreement announced on October 17th. The agreement is subject to regulatory approval. ON BEHALF OF THE BOARD OF DIRECTORS OF: ALAMOS MINERALS LTD. Chester F. Millar, Chairman & President NATIONAL GOLD CORPORATION Albert J. Matter, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. The CDNX has neither approved nor disapproved the information contained in this news release. |
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