Alamos Gold (AGI-T) has increased the resource at its Mulatos gold property in Sonora state, Mexico, including resources on new zones drilled off in 2006.
The new Mulatos resource stands at 86.4 million tonnes grading 1.24 grams gold per tonne, using a cutoff grade of 0.5 grams per tonne. Feasibility studies before the project went into production put the resource at 75.6 million tonnes grading 1.34 grams per tonne.
During 2006, Alamos produced 102,000 oz. from 4.6 million tonnes of ore grading 1.66 grams gold per tonne.
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