MMDF is providing $300,000 to Alamos Gold for a phase two of their exploration project in Lynn Lake. The exploration activities include approximately 8,000 metres of drilling, a summer field
program consisting of geological mapping and rock sampling, and work on a modern drill core storage facility at the Maclellan site. This follows the completion of a feasibility study which
outlined average annual production of 143,000 ounces over a 10-year mine-life. Alamos recently announced they will be redeveloping two previously operational mines, which will operate for 13 years, supporting economic development near the town of Lynn Lake.