Minera Alamos (TSE:MAI) has released an update.
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Minera Alamos Inc. has reported a strong operational update, with significant improvements at its Santana gold mine, where mining and stacking rates are nearing the high levels of 2022. The company anticipates a return to cash generation by Q4 following the implementation of a new operating plan. Furthermore, Minera Alamos has achieved 100% ownership of the Cerro de Oro project at a cost of less than US$6/oz, according to recent resource estimates.
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