Minera Alamos looking at low-cost option for Guadalupe

Gold developer Minera Alamos is targeting a low capital cost gold heap leach operation at its Guadalupe de los Reyes gold project, in Mexico, which the company is acquiring for $6-million from Vista Gold through staged payments. CEO Darren Koningen said on Monday that the previous owners had already spent a significant amount of time and effort on re-establishing the project as one of the premium advanced stage gold assets in Sinola.