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Alamos Gold Inc. Appoints Chairman of the Board |
7/20/2004 |
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Toronto, Ontario - Alamos Gold Inc. ("Alamos Gold") announces that Mr. Alan R. Hill has been appointed Non-Executive Chairman of Alamos Gold Board of Directors.
Mr. Hill's experience and leadership in the mining industry includes 20 years of experience at Barrick Gold Corporation where, until his retirement last September, he managed the development of Barrick's four latest projects: Alto Chicama, Pascua, Veladero and Cowal. In addition Mr. Hill managed all of Barrick's project evaluations on a worldwide basis. Mr. Hill played a key role in the recommendation to purchase the Goldstrike property in 1986, the Pierina property in 1996 and Bulyahulu in 1999. He subsequently managed the complete development of all these projects with both Bulyahulu and Pierina being brought to production on schedule and under budget.
Alamos Gold is constructing an open pit, heap leach gold mine at its fully permitted, 100% owned Mulatos deposit in Sonora, Mexico. The Mulatos deposit contains over 3 million ounces of gold in the measured and indicated category at a cutoff of 0.6 grams per tonne. Phase I mining will focus on the Estrella pit, which contains over 1.4 million ounces of recoverable gold.
For further information about Alamos Gold Inc., please visit our website at www.alamosgold.com or contact:
John A. McCluskey
President and Chief Executive Officer
Tel: 416-368-9932 x203
Fax: 416-368-2934
Email: jmccluskey@alamosgold.com
Victoria Vargas de Szarzynski
Investor Relations
Tel: 416-368-9932 x201
Fax: 416-368-2934
Email: vvargas@alamosgold.com
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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