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Drill Results Material +

Alamos Gold Extends High-Grade Mineralization Across the Island Gold Deposit and Nearby Regional Targets Including Best Hole Ever at Cline-Pick, Intersecting 178 g/t gold over 3.5 metres

By The Northwire Desk — AI Analysis Feb 02, 2026 · 18:30 AGI · 50.34 Alamos Gold Inc.
AGI · Price

Executive Summary

  • Alamos Gold announced a series of high‑grade underground and surface drill intercepts across the Island Gold Mine, its hanging‑wall/footwall zones, and the nearby historic Cline‑Pick (CEP) targets.
  • Intercepts include multiple >100 g/t Au shoots (e.g., 178 g/t over 3.54 m, 219 g/t over 0.70 m, 301 g/t over 0.68 m) and numerous >50 g/t Au intervals that extend known mineralization laterally and at depth.
  • The company expects the new drill data to drive a “substantial increase” in Mineral Reserves, which will be incorporated into the Island Gold District Expansion Study slated for release later this week.

Key Details

  • Cline‑Pick (CEP) Highlights – high‑grade veins and shear zones:
  • 178.07 g/t Au over 3.54 m (hole 25IGX128) – includes 219 g/t Au over 0.70 m, 301 g/t Au over 0.68 m, 295 g/t Au over 0.62 m, 112.50 g/t Au over 0.50 m.
  • 15.28 g/t Au over 5.52 m (same hole) – includes 25.20 g/t Au over 0.66 m, 19.15 g/t Au over 0.35 m, 40.30 g/t Au over 0.59 m.

  • Additional intercepts: 12.75 g/t Au over 8.79 m (hole 25IGX112), 93.75 g/t Au over 1.01 m, 23.57 g/t Au over 2.34 m, 115.00 g/t Au over 0.45 m, etc.

  • Island Gold Main Zone – West (C‑Zone) Highlights

  • 64.70 g/t Au (cut to 63.19 g/t) over 2.13 m (hole 900‑506‑23).
  • 12.95 g/t Au over 4.10 m (hole 1025‑492‑06).

  • 13.79 g/t Au over 3.01 m (hole 900‑506‑19).

  • Island Gold East (E1E‑Zone) Highlights

  • 31.53 g/t Au (cut to 12.05 g/t) over 7.55 m (hole 1190‑607‑04).
  • 9.84 g/t Au (cut to 8.64 g/t) over 21.41 m (hole 1190‑607‑18).
  • 16.22 g/t Au over 4.49 m (hole 1190‑607‑13).

  • 11.71 g/t Au over 5.75 m (hole 1190‑607‑12).

  • Hanging‑Wall / Footwall Zones – West

  • NS2 Zone: 20.66 g/t Au (cut to 18.79 g/t) over 2.87 m; 17.23 g/t Au (9.69 g/t cut) over 3.69 m; 13.81 g/t Au (5.31 g/t cut) over 6.01 m.
  • NS3 Zone: 58.92 g/t Au (9.93 g/t cut) over 8.00 m; 53.98 g/t Au (4.28 g/t cut) over 2.88 m.

  • NS4 Zone: 24.91 g/t Au (4.45 g/t cut) over 2.46 m; 22.21 g/t Au (7.33 g/t cut) over 2.46 m.

  • Footwall – East (NTH4 Zone)

  • 132.73 g/t Au (34.86 g/t cut) over 2.08 m; 8.99 g/t Au over 6.08 m.

  • Delineation Drilling – High‑Grade Intercepts (selected):

  • MH42‑03: 54.85 g/t Au (cut to 39.73 g/t) over 17.99 m.
  • MH41‑01: 56.05 g/t Au (cut to 35.02 g/t) over 7.05 m.
  • MH41‑03: 60.00 g/t Au (cut to 57.81 g/t) over 4.08 m.

  • 87.63 g/t Au (cut to 46.48 g/t) over 2.43 m (hole 945‑624‑87).

  • Exploration Expenditure – $24 M spent in 2025 (up from $20 M in 2024); 46,889 m of underground drilling (180 holes) and 14,609 m of surface drilling (15 holes) completed.

  • Future Plans – Continued drilling in 2026 targeting deeper extensions at Cline‑Pick, Edwards, and the Island Gold main deposit; results to feed the upcoming Expansion Study.

Notable Quotes

“Underground Mineral Reserves at Island Gold have grown for 12 consecutive years… we expect to report another substantial increase in Mineral Reserves.” – John A. McCluskey, President & CEO.

Read the original news release →

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