09:56 AM EST - Alamos Gold Inc. : reported that a positive preliminary feasibility study has been completed for the Company's 100%-owned Agi Dagi and Kirazli gold projects in northwestern Turkey. In addition, the Company is providing an initial inferred mineral resource estimate for the Çamyurt gold project, which is located in close proximity to the Agi Dagi project. Pre-feasibility Study Highlights: Total life of mine production of 1.5 million ounces of gold and 4.9 million ounces of silver. Annual combined gold production is expected to peak in 2017 at 237,000 ounces, and will average 166,000 ounces per year over the nine year combined mine life. Alamos Gold Inc.
shares T.AGI are trading down $0.22 at $15.77.