Source: globenewswire.com
Alio Gold recently announced the filing of a 43-101 technical report providing mineral resource update for the Florida Canyon Gold Mine in Pershing County Nevada, US. Alio Gold is a junior gold mining company focused on exploration, development, and production in Mexico and the US. This new mineral reserve estimate and life of mine plan are nearing completion and would be finalized by year end 2018. The gold junior also announced the completion of the sale of its non-core assets to Coeur Rochester, Inc., a wholly-owned subsidiary of Coeur Mining, Inc. Alio received a total of 4.3 million common shares of Coeur through this transaction.
