Alamos Gold Inc. (NYSE:AGI) Q3 2023 Earnings Call Transcript

Kerry Smith: Yes, okay. And so those costs should be pretty much in line because you’re doing — you’re using your own guys. Okay, thank you. And then maybe for Scott, the 444 meters of underground drifting that you had planned for the exploration underground at Island is that pristine all complete in hours, there’s still some more of that to complete this year?

Greg Fisher: I mean Kerry it’s ongoing throughout the year and sequenced into the development testimony, we were advancing laterally at the west and east side of the deposits of multiple levels, and then also on our hanging wall exploration, drift and 945. So we’ll do it kind of systematically, as we get going to establish a drill off the targets from that drill bay will advance the development as required. So it’s kind of ongoing throughout the year.

Kerry Smith: Okay, I got you. And then Greg, just try and clear the $2.7 million of cash taxes you paid at Mulatos in Q3, and then you’re forecasting a similar amount in Q4, those will be pre payments against the taxes due in March of next year. Correct?

Greg Fisher: Correct. Those are installment payments with respect to our 2023 tax bill.

Kerry Smith: Right. Okay, perfect. Thanks very much.

Operator: Thank you. There are no further questions at this time. This concludes this morning’s call. If you have any further questions that have not been answered, please feel free to contact Mr. Scott Parsons at 416-368-9932. You may now disconnect.