INFOGRAPHIC: how much gold is left in the world?

The company is optimistic about the potential of its Red Lake assets in the storied gold district of northern Ontario.

Mineralization was extended over a 895-metre interval grading 0.26% copper and 0.32 g/t gold.

Alamos has budgeted $19 million for exploration at Island Gold in 2024.

Local gold prices hit their lowest level in more than three months after the announcement.