Alio Gold Announces Partnership With VRify to Provide 360 Virtual Tour of Its San Francisco Mine
September 25 2017 - 07:00AM
Alio Gold Inc. (TSX:ALO) (NYSE AMERICAN:ALO)
(“Alio Gold” or the “Company”), is pleased to announce a
partnership with VRify, a communications platform offering
investors 360 virtual tours of projects and assets right in the
palm of their hands. The 360 virtual tour of the Company’s San
Francisco Mine located in Sonora, Mexico is now available.
The VRify tour gives users the ability to
virtually explore the Company’s cornerstone asset.
To view the tour please follow these steps:
- Download the VRify App
at:https://itunes.apple.com/ca/developer/vrify-technology-inc/id1235301789
- Open the app and click on the tab located on the left-hand side
titled ‘VRified’ - a map of the world will be shown
- Click on the icon ‘Alio Gold Inc. – San Francisco’ and the mine
site tour will begin
About the San Francisco
Mine
The San Francisco Mine is a simple open pit,
heap leach operation with two main pits – San Francisco and La
Chicharra. A revitalization plan for the Mine was announced in May
2017 that will see some of the cash flow from operations
re-invested back into improvements to the operations and capital
stripping that will result in the Mine generating significant cash
flow from operations over a seven year life-of-mine. The
revitalization is well underway and gold production is expected to
increase to more than 100,000 ounces per year commencing in 2018 at
an average all-in sustaining cost of approximately $950 per ounce.
Guidance for 2017 is production of between 86,000 and 92,000 ounces
of gold at all-in sustaining costs less than $1,000 ounce.
The mine is situated in the Arizona-Sonora desert in the northern
portion of the Mexican state of Sonora, 2 km west of the town of
Estación Llano, approximately 150 km north of Hermosillo. The easy
access to site provides the ability for the majority of the
workforce to live and commute from neighboring towns.
About Alio Gold
Alio Gold is a Canadian gold mining company
engaged in exploration, development and production in
Mexico. Its principal assets include the producing San
Francisco mine in Sonora, Mexico and the development stage Ana
Paula project in Guerrero, Mexico. The Company also has a portfolio
of other exploration properties, all of which are located in
Mexico.
About VRify
VRify is a new way to discover and research
investment opportunities in one easy-to-use platform. Employing
cutting-edge technology, the VRify platform provides investors with
an immersive, behind-the-scenes look at public companies with 360
virtual reality tours of remote assets around the world. This
modern tool also gives investors access to live stock quotes,
company updates, and financial news while VRified companies have
direct access to their talented in-house experts in technology,
marketing, and finance as well as their global network of
photographers. The company is backed by a team of Canadian resource
and technology leaders with a combined 50 years of experience
gained from businesses such as Integra Gold, True Gold Mining, Two
Tall Totems and Blast Radius.
For further information, please
contact:
Lynette GouldVice President, Investor
Relations604-638-8976lynette.gould@aliogold.com
Neither the TSX nor its Regulation Services
Provider (as that term is defined in the policies of the TSX) nor
the New York Stock Exchange MKT accepts responsibility for the
adequacy or accuracy of this news release.
Alio Gold (AMEX:ALO)
Historical Stock Chart
From Feb 2024 to Mar 2024
Alio Gold (AMEX:ALO)
Historical Stock Chart
From Mar 2023 to Mar 2024