Lowell Copper and Minaurum Gold are pleased to announce that further to their previously announced binding letter agreement which, among other things, granted an option on Minaurum's Santa Marta VMS project in Oaxaca Mexico, the parties have executed a definitive option agreement. Pursuant to the Option Agreement, Lowell Copper can acquire up to a 70% interest in the Project in exchange for funding work expenditures and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 20, 2013) - Minaurum Gold Inc. ("Minaurum") (TSX VENTURE:MGG) is pleased to announce that, further to its news release earlier today, it has completed a first tranche closing on $375,000 of its $750,000 non-brokered private placement. Minaurum has issued 7,500,000 units at a price of $0.05 per unit. Lowell Copper Ltd. subscribed for the entire first tranche. The funds raised [...]
Lowell Copper and Minaurum Gold are pleased to announce that they have entered into a binding letter agreement in respect of, among other things, the grant of an option on Minaurum's Santa Marta VMS project in Oaxaca. Under the terms of the Option, Lowell Copper can acquire up to a 70% interest in the Project in exchange for funding work expenditures and delivering a prefeasibility study, as described below. Minaurum [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 20, 2013) - Further to its News Release dated October 3, 2013, Minaurum Gold Inc. ("Minaurum") (TSX VENTURE:MGG) announces that it has renegotiated its share exchange agreement with Global Resources Investment Ltd. ("GRIL"), an arm's length party to Minaurum. Minaurum will now subscribe for 571,325 GRIT shares at a deemed value of one British pound per GRIT share in exchange [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/19/13 -- Minaurum Gold Inc. ("Minaurum") (TSX VENTURE: MGG) is pleased to announce the results of a review and report by Dr. James Franklin on its 100% controlled Santa Marta project in Oaxaca, Mexico. Dr. Franklin is a geologist with more than 40 years of research and exploration experience on both active and ancient volcanogenic massive sulfide ("VMS") systems along [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/15/13 -- Minaurum Gold Inc. ("Minaurum") (TSX VENTURE: MGG) is pleased to announce the identification of four new target zones at its 10,783 hectare Jackie gold-silver project in Guerrero State, Mexico. The skarn/porphyry project is located within 70 kilometers of the Guerrero Gold Belt ("GGB") and shares important geological characteristics with the mines of that [...]
Minaurum Gold is pleased to announce a non-brokered private placement of up to $750,000 through the sale of units priced at $0.10. Each unit will consist of one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share at a price of $0.15 for the first year and $0.20 for the second year. The proceeds of the private placement will be used by [...]
Highlights Include: 18.05 m grading 0.99% Copper with 44 g/t Silver, 0.57 g/t GoldVANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/20/13 -- Minaurum Gold Inc. ("Minaurum") (TSX VENTURE: MGG) reports results from the final drill holes of Ocean Park Ventures' 2012 drill program on Minaurum's 100%-controlled Adelita Cu-Au-Ag Project in southern Sonora, Mexico. The 12,000-hectare project includes four identified [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/19/13 -- Minaurum Gold Inc. (TSX VENTURE: MGG) ("Minaurum") is pleased to announce the identification of two new targets at its 100%-controlled El Porfido gold-skarn/porphyry project. The 4,666-hectare project lies within 90 kilometers of the prolific Guerrero Gold Belt in the southwestern part of the Mexican state of Puebla. The property was staked by David M. Jones [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/17/13 -- Minaurum Gold Inc. ("Minaurum") (TSX VENTURE: MGG) is pleased to report that it has regained 100% control of the 12,291-ha Adelita gold-silver-copper project in southern Sonora, Mexico from its joint venture partner, Ocean Park Ventures Corp. ("OCP").
Located 6 km east of Pan American Silver Corp.'s Alamo Dorado silver mine, Adelita hosts near-surface [...]
Minaurum Gold Inc. ("Minaurum") is pleased to report that Ocean Park Ventures Corp ("Ocean Park") has successfully made multiple new skarn discoveries at the Adelita project. (see Ocean Park News Release dated September 20, 2012) These include:
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