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    Alamos’ new gold in Manitoba and Quebec: resource and mine-life notes for engineers

    January 29, 2026|

    Reviewed by Joe Ashwell

    Alamos’ new gold in Manitoba and Quebec: resource and mine-life notes for engineers

    First reported on MINING.com

    30 Second Briefing

    Alamos Gold has reported new gold mineralisation at its Lynn Lake project in Manitoba and Qiqavik property in Nunavik, Quebec, with Lynn Lake hole 25LWX082 at the Linkwood satellite deposit cutting 5 metres at 21.7 g/t from 305 metres and Qiqavik hole 25QKX014 at Avinngaq intersecting 8 metres at 3.07 g/t from 98 metres. Additional Lynn Lake drilling at Burnt Timber returned 16 metres at 2.77 g/t from 95 metres and 10 metres at 1.96 g/t from 182 metres, supporting a 2023 feasibility study outlining a 27‑year mine life from 2029 and 176,000 oz/y over the first decade. Qiqavik’s 2024 campaign drilled 29 holes for 8,736 metres across five targets, with gold in all areas and 72% of holes above 1 g/t, indicating multiple structurally controlled targets for follow‑up in an underexplored Archean terrane.

    Technical Brief

    • Linkwood mineralisation remains open at depth and to the west, implying further step‑out drilling potential.
    • Gold was intersected in all Qiqavik target areas, with 72% of holes returning >1 g/t Au.

    Our Take

    With Lynn Lake contributing only 8.5% of analyst NAV, the 27‑year mine life and potential later feed from Linkwood and Burnt Timber suggest Alamos Gold is using Manitoba as a long-duration, lower-risk production base rather than a core NAV driver at this stage.

    The high hit rate at Qiqavik (72% of 29 holes above 1 g/t gold across five target areas) is unusually strong compared with other early-stage Canadian gold stories in our database, which typically report more localised success in 1–2 zones at this stage of work.

    Goldman’s reported 10–30% order book decline at copper fabricators underscores why Alamos’ current emphasis in Canada is skewed to gold rather than copper or broader base metals, despite the article tagging both commodity groups.

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    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

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