Minaurum Gold Inc. is pleased to announce that it has completed its previously announced "best efforts" private placement of 36,800,000 units of the Company at a price of C$0.25 per Unit for gross proceeds of C$9,200,000, which included the exercise in full of the agents' option. Each Unit consists of one common share of the Company and one-half of one Common Share purchase warrant . Each Warrant entitles the holder [...]
Minaurum Gold Inc. is pleased to announce that in connection with its previously announced "best efforts" private placement, the Company and Cormark Securities Inc. , on behalf of itself and on behalf of a syndicate investment dealers , have agreed to increase the size of the previously announced private placement for aggregate gross proceeds of up to C$8.0 million . The Offering will consist of the issuance and sale of [...]
Minaurum Gold Inc. is pleased to announce that it has entered into an agreement with Cormark Securities Inc. , on behalf of itself and on behalf of a syndicate investment dealers, pursuant to which Cormark has agreed to act as lead agent for and on behalf of Minaurum in connection with a "best efforts" private placement for aggregate gross proceeds of up to approximately C$5 million . The Offering will consist of the [...]
Minaurum Gold Inc. is pleased to announce the appointment of Mr. Ruben Molina, B.Sc. Geology, as Senior Project Manager for the Alamos Silver Project, Sonora, Mexico . Mr. Molina brings an exceptional track record of success in Mexican silver exploration, most recently serving as a Senior Resource Modeler for SilverCrest Metals' world-class Las Chispas silver-gold deposit-later acquired by Coeur Mining for $1.7 billion [...]
Minaurum Gold Inc. is pleased to announce that, further to its news release dated October 2, 2024, it has provided the required notice to Nevada Zinc Corp. to exercise its option to acquire a 100% registered and beneficial interest in the Lone Mountain carbonate replacement deposit project located on the Battle Mountain-Eureka Trend in Nevada, USA . The Company is acquiring the Project pursuant to an option agreement [...]
Minaurum Gold Inc. is pleased to announce that through drilling and modelling, it has identified four separate substantial vein structures that occur roughly parallel to one another at the Promontorio vein zone. These stacked mineralized veins returned high-grade results in recent drilling including: . 10.20 m of 453 g/t silver equivalent 8.60 m of 321 g/t AgEq 11.60 m of 218 g/t AgEq 4.50 m of 300 g/t AgEq 0.65 m of 958 [...]
Minaurum Gold Inc. is pleased to announce that it has entered into agreements with Capital Analytica and National Inflation Association to provide marketing and communications services. The agreement with Capital has an initial term of 3 months commencing on May 12, 2025 under which the Company will pay Capital an aggregate of $60,000 and is subject to renewal. The services will include social media consultation, social [...]
Minaurum Gold Inc. is pleased to announce the results of its ongoing drilling program, which have further expanded the Promontorio vein zone and confirmed consistent grade continuity at the Alamos Silver Project in Sonora, Mexico. Intercepts include the significantly wide intercept of 36.65 m of 328 g/t silver equivalent including 3.85 m of 1,022 g/t AgEq , 4.40 m of 241 g/t AgEq including 0.90 m of 385 g/t AgEq , and [...]
Minaurum Gold Inc. is excited to announce the latest results from its drill program at the Alamos Silver Project in Sonora, Mexico. The program, which is targeting the highly prospective Promontorio vein zone, continues to demonstrate robust silver mineralization, with exceptional intercepts including: 3.00 m of 4,173 g/t silver equivalent ; 6.35 m of 380 g/t AgEq ; and 5.75 m of 189 g/t AgEq. . "These results, which [...]
Minaurum Gold Inc. is pleased to announce the signing of new 29-year ejido community agreements that secure access for the exploration, construction and exploitation of the 100% owned and permitted Alamos silver project in Sonora, Mexico. With these agreements that cover both of the ejido's at Alamos, along with the existing one in place with the municipality of Minas Nuevas, all of the communities located on the project [...]
Minaurum Gold Inc. is pleased to announce that it has acquired a 100% interest in five royalty-free claims covering the core portion of the Aurifero high-grade gold project in Sonora, Mexico. Minaurum has also extended its option agreement to acquire the remaining claims by another three years. Located near Minaurum's flagship 100% owned and production permitted Alamos silver project, Aurifero has seen more than 8,000 [...]
Minaurum Gold Inc. is pleased to announce that it has entered into an agreement with Nevada Zinc Corp. to purchase an initial 25% beneficial interest and an option to acquire a 100% registered and beneficial interest in Nevada Zinc's Lone Mountain carbonate replacement deposit project located on the Battle Mountain-Eureka Trend in Nevada, USA , as further detailed below. Nevada Zinc completed a Preliminary Economic [...]