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Alio Gold (TSX: ALO) has increased the resource at its recently-acquired Florida Canyon gold mine as it looks to build on its Nevada operations.
Miner looking to grow Nevada operations
Alio said Florida Canyon's measured and indicated resource has increased 52% since a preliminary economic assessment to 1.7 million ounces of contained gold, using a US$1,350/oz constrained pit shell.
Argonaut gets to grips with Alio merger
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