Minaurum Gold Inc. is pleased to announce that it has entered into an agreement with its underlying Royalty Holder on the Biricu Project located in the Guerrero Gold Belt. Minaurum has been provided with both a limited time option to repurchase a portion of the NSR along with eliminating the outstanding Bankable Feasibility Study payment on Biricu in exchange for issuing 100,000 common shares to RH. The Biricu project is [...]
Minaurum Gold Inc. is pleased to announce that Minaurum and its wholly-owned subsidiary Minera Minaurum Gold, S.A. de C.V , along with Fortuna Silver Mines Inc. and Fortuna's wholly-owned subsidiary Compania Minera Cuzcatlan S.A. de C.V. , have entered into an option agreement, pursuant to which CMC can earn up to an 80% interest in MGG's Taviche silver project in Oaxaca, Mexico . Under the terms of the option agreement [...]
Minaurum Gold Inc. is pleased to announce exceptional grades over substantial widths from three of its first four holes targeting the Promontorio vein zone at its Alamos Silver Project in Sonora, Mexico. The holes were targeted below the historical Promontorio mine and demonstrate that high-grade silver mineralization continues at least 100 m below the deepest known workings. Significant highlights include: 5.1 m of 769 [...]
Minaurum Gold Inc. is pleased to announce results from the first four holes of its 2020 exploration program in the Europa-Guadalupe vein zone at its Alamos silver project in Sonora, Mexico. Highlights include: 3.50 m of 404 g/t Ag, 0.54% Cu, 1.30% Pb, 1.81% Zn in hole AL20-042, including 1.15 m of 999 g/t Ag, 1.29% Cu, 2.98% Pb, 2.98% Zn 6.35 m of 356 g/t Ag, 0.39% Cu, 0.42% Pb, 0.57% Zn in hole AL20-047, including 0.70 m [...]
Minaurum Gold Inc. announces the commencement of a minimum 20,000-metre Phase II drilling program at its Alamos Silver project in Sonora, Mexico. Phase II involves systematically stepping out from discoveries made during Phase I drilling beginning with two drill rigs. One drill will offset the Europa-Guadalupe discovery hole which returned 8.25 m grading 1,760 g/t silver . The other drill will test targets at Promontorio [...]
Minaurum Gold Inc. is pleased to announce the closing of its previously announced non-brokered private placement . A total of 10,525,000 units were sold at a price of $0.40 per Unit, for gross proceeds of $4,210,000 to primarily Sprott Global Resource Investments, Ltd. and existing shareholders. Each Unit consists of one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant is [...]
Minaurum Gold Inc. is pleased to announce the closing of its previously announced brokered private placement offering of units of the Company at a price of $0.40 per Unit. A syndicate of agents led by Clarus Securities Inc., together with Agentis Capital Markets Canada Ltd. and Eight Capital , sold 12,500,000 Units in connection with the Offering for aggregate gross proceeds of $5,000,000. Each Unit consists of one common [...]
Minaurum Gold Inc. is pleased to announce that, concurrent with its C$5,000,000 marketed private placement offering announced on May 4, 2020, led by Clarus Securities Inc. on behalf of a syndicate of agents, the Company has agreed to issue up to a further of 10,500,000 units of the Company at a price of C$0.40 per Unit, for additional gross proceeds of up to C$4,200,000, on a non-brokered private placement basis . Each [...]
Minaurum Gold Inc. is pleased to announce that it has entered into an agreement with Clarus Securities Inc. on behalf of a syndicate of agents , whereby the Agents will raise up to C$5,000,000 through an Offering of up to 12,500,000 units of the Company to be priced at C$0.40 per Unit. Each Unit is comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant , with each [...]
Minaurum Gold Inc., is pleased to announce that it has acquired historical data including mine maps, sections and results of 40 holes drilled in multiple surface and underground exploration campaigns that occurred from the 1960s through the early 1980s at its Alamos silver project in Sonora, Mexico. The exploration programs were focused on the historic Promontorio and Minas Nuevas underground mines that closed in 1898 and [...]
Minaurum Gold Inc., is pleased to announce that through a series of acquisitions and the signing of an option agreement, it has expanded its presence in the Alamos Mining District in Sonora, Mexico by acquiring control of the Aurifero Gold Project. The 1,229-hectare project lies 35 km northwest of Minaurum's Alamos Silver Project. Located between both projects is Mexico's third largest copper mine, Cobre Del Mayo's [...]
Minaurum Gold Inc. , is pleased to announce that it has completed its Phase I Drill program at the Alamos silver project in Sonora, Mexico. Phase I tested 19 of the 25 vein systems identified to date at Alamos. Fourteen of the nineteen vein systems returned high-grade silver intercepts demonstrating that mineralization occurs throughout a 10 km-long by 6 km-wide corridor. In addition, Minaurum has acquired a large [...]