Huge Optimism for the Future of the Lynn Lake Gold Project By Scott R.G. Parsons, Vice President of Exploration for Alamos Gold
Since acquiring the Lynn Lake Gold Project in 2016, Alamos Gold
annual average gold production of 143,000 ounces per year over
has been eager to establish a case for one of Canada’s highest-
a 10-year production period, with significant additional exploration
grade proposed open-pit gold projects located near the Town of
potential across the underexplored Lynn Lake Greenstone Belt.
Lynn Lake and the community of Marcel Colomb First Nation in northwestern Manitoba. After extensive and ongoing exploration and community engagement, we are more enthusiastic than ever.
Not only will we employ local workers – and we aim to hire locally and regionally first – but we are pursuing training opportunities to develop local talent. During the project construction phase,
The project consists of two primary gold deposits – the Gordon
there will be on average 406 and up to a maximum of 555 jobs.
and the MacLellan deposits – which are both past-producing gold
Similarly, during the 10-year period of operations, there will be
mines and, based on Alamos Gold’s 2017 Feasibility Study (FS),
an average of 412 and up to a maximum of 547 direct jobs. The
considered as one of the highest-grade proposed open-pit gold
project will also have a positive effect on the tertiary economy as
projects in Canada. Alamos intends to construct, operate, and
well as local infrastructure improvements. This is welcome after a
eventually reclaim open-pit gold mines at both historical mine
prolonged absence of mining operations in the region, particularly
sites.
given the uncertainty of this current COVID-19 period.
The project has the potential to bring significant long-term value
We have an experienced and highly skilled exploration team with
to local communities, the Northern Region, the province of
a proven track record who are focused on exploration at the
Manitoba, and to Canada. The project is anticipated to deliver
Lynn Lake Gold Project, with the objective of expanding existing
This year, Alamos Gold has advanced two key growth initiatives in Canada.
July 8, 2020
Young-Davidson Mine: We announced the completion of the lower mine expansion, a milestone which transitions the mine from a reinvestment phase to a period of strong free cash flow growth.
July 14, 2020
Island Gold Mine: We announced a shaft expansion as a major step forward to increase production, lower costs, and make this operation even more profitable. Visit our website at www.alamosgold.com
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Manitoba Mining Review 2020-2021
