Minera Alamos Eyes Copper Hub Opportunity

Minera Alamos (TSE:MAI) has released an update.

Minera Alamos Inc. updates on progress in developing its copper assets, Los Verdes and Potreritos, inherited from Virgin Metals. With metal prices strengthening, the company sees an opportunity to establish a copper production hub in Sonora, leveraging past extensive testwork and engineering to potentially reduce CAPEX. Although there’s no immediate plan to update the economic assessment, preliminary figures suggest significant pre-tax net cash flow and a robust internal rate of return.

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