Minaurum Gold Inc. is pleased to announce it has returned high-grade silver intercepts from the final Phase II holes drilled in 2021 at its flagship Alamos silver project in Sonora, Mexico. In 2021, Minaurum drilled 9,386.50 m in 22 holes focusing on sizable step-outs at the Ana, Europa, San José, Alessandra, Cotera, and Minas Nuevas vein zones. The best results obtained in the Minas Nuevas, Cotera and San Jose vein zones [...]
Minaurum Gold Inc. regrets to announce that Mr. David M. Jones, a Co-Founder and Director of Minaurum, passed away unexpectedly earlier this week at his home in Tucson, Arizona. During his 40-year career, David had a passion for geology and strived to push geological boundaries while exploring in frontier jurisdictions. During the early 1990s, as a senior geologist for Teck Corp. in Guerrero state, Mexico, he discovered [...]
Minaurum Gold Inc. is pleased to announce results from its on-going Phase II drilling program at its Alamos silver project in Sonora, Mexico. Drilling at the Alessandra vein recently discovered a blind Ag-Cu-Pb-Zn skarn that is open in all directions while ongoing drilling at Europa-Guadalupe continues to delineate a high-grade mineralized vein system which is now been extended by 40% to at least 800 meters in length [...]
Minaurum Gold Inc. is pleased to announce the appointment of Ms. Jasmine Lau, CPA, CA, as Chief Financial Officer. Ms. Lau has served as CFO and controller of several exploration companies including over 10 years as controller of Minaurum. In addition, Ms. Lau previously worked at Teck Resources Ltd. and Deloitte & Touche LLP's Vancouver Assurance & Advisory group where she focused on audits of public mining companies [...]
Minaurum Gold Inc. is pleased to announce that it will be presenting at Red Cloud's 2021 Virtual Oktoberfest Fall Mining Showcase on October 18-20, 2021. President & CEO, Mr. Darrell Rader will be providing an update of our flagship Alamos silver project and our exploration portfolio via a scheduled live presentation on Tuesday October 19th at 3:15 PM Eastern Time . We invite all shareholders to attend and register for [...]
Minaurum Gold Inc. is pleased to announce that it has closed its previously announced bought deal public offering for gross proceeds of C$9,200,000, which includes the full exercise of the over-allotment option . Due to significant demand, the Offering was upsized from the original gross proceeds of C$7.0 million. Under the Offering, the Company sold 23,000,000 units of the Company at a price of C$0.40 per Unit . Red [...]
Minaurum Gold Inc. is pleased to announce that due to significant demand, the Company and Red Cloud Securities Inc. , as sole underwriter and bookrunner, have increased the size of the Company's previously announced offering from C$7,000,000 to C$8,000,000. Under the revised offering, the Underwriter has agreed to purchase, on a bought deal basis, 20,000,000 units of the Company at a price of C$0.40 per Unit for gross [...]
Minaurum Gold Inc. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as sole underwriter and bookrunner, pursuant to which the Underwriter has agreed to purchase, on a bought deal basis, 17,500,000 units of the Company at a price of C$0.40 per Unit for aggregate gross proceeds of C$7,000,000 . Each Unit will be comprised of one common share of the Company and one-half of [...]
Minaurum Gold Inc. is pleased to report that it has begun mobilizing drill rigs to its high-grade Alamos Silver project in southern Sonora, Mexico. Phase II drilling began in July 2020 and 40 holes were drilled before pausing in December 2020 due to the COVID-19 pandemic in the region. With Covid cases dropping, Minaurum has begun mobilizing rigs to the project and anticipates drilling at least a further 15,000 metres [...]
Minaurum Gold Inc. is pleased to provide an update on its ongoing exploration activities. During the first five months of 2021, Minaurum has focused on preparing its flagship Alamos Silver project for the resumption of Phase II drilling while continuing to advance both the Santa Marta copper-gold volcanogenic massive sulphide project and the Aurifero silver-gold project to the drill stage. Due to the increasing demand for [...]
Minaurum Gold Inc. is pleased to announce it has retained Digital257 Technologies Inc. to provide digital media and capital markets communications services to Minaurum. Digital257 is a digital marketing firm specializing in investor audience growth and will assist with online communications with the goal of increasing market awareness. In consideration for these services, Minaurum has agreed to pay Digital257 a fee of [...]
Minaurum Gold is pleased to announce that it has entered into an option agreement with ASR Resources, pursuant to which ASR can earn an 80% interest in Minaurum's Adelita copper-gold project in Sonora, Mexico. ASR can earn its interest by issuing shares totaling 16% of its post-IPO shares outstanding, making cash payments totaling $75,000 and incurring $3M in work expenditures over 5 years. Minaurum's 20% retained [...]
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