Alamos Gold (US:AGI) Globenewswire·2026-01-28 11:55Core Insights - Alamos Gold Inc. reported successful results from its 2025 exploration program at the Lynn Lake and Qiqavik Gold projects, indicating potential for increased mineral reserves and resources [1][2] Lynn Lake Project Exploration Highlights - The exploration focused on the Linkwood and Burnt Timber satellite deposits, which are expected to enhance the mine life and production rates of the Lynn Lake project [3][19] - A total of $3.4 million was spent on exploration at Lynn Lake in 2025, with 7,268 meters of drilling completed [13] - Total Mineral Reserves for the Lynn Lake District increased by 42% to 3.3 million ounces grading 1.29 g/t Au [14] - Significant gold intercepts included 21.70 g/t Au over 5.25 m and 27.68 g/t Au over 6.26 m [6][22] Qiqavik Project Exploration Highlights - The 2025 drill program at Qiqavik was the first since its acquisition in 2024, with 72% of the holes reporting gold grades above 1.0 g/t Au [8][37] - The program confirmed the presence of high-grade gold mineralization across multiple targets, indicating significant discovery potential [9][39] - Notable results included 36.10 g/t Au over 0.65 m and 2.06 g/t Au over 14.95 m [10][11] Future Exploration Plans - The 2026 exploration program will focus on further defining the geometry and extent of mineralized structures at both Lynn Lake and Qiqavik projects [43][49] - There is potential for underground mining at the MacLellan and Gordon deposits, which remain open at depth [24][25] Regional Exploration Potential - The Lynn Lake project covers 58,000 hectares with significant exploration potential, including the Maynard and Tulune regional targets [31][32] - The Maynard target has shown promising gold mineralization over a 750 m strike length, while the Tulune discovery has extended broad zones of near-surface gold mineralization over a 2 km strike length [32][33]