Minaurum Gold Inc. is pleased to announce that it has begun rehabilitation of one of the largest historic underground silver mines at its flagship Alamos silver project in Sonora, Mexico. The Promontorio mine historically produced approximately 70 Moz silver, was left in mineralization, and remains significantly underexplored. Initial rehabilitation to facilitate mapping and sampling of more than 1 km of workings will [...]
Minaurum Gold Inc. is pleased to announce details of its ESG activities at its flagship Alamos Silver Project located in Sonora, Mexico. For more information and Minaurum's ESG Presentation, please visit https://minaurum.com/investors/esg/. "Minaurum conducts its exploration programs under industry-leading standards and practices," stated Darrell Rader, President and CEO. "We are pleased to provide this report on our [...]
Minaurum Gold Inc. announces that, in connection with the completion of Infinitum Copper Corp.'s acquisition of Infinitum Copper Mining Corp. as detailed in Infinitum's news release dated March 14, 2022 and Filing Statement dated February 11, 2022, the Company acquired beneficial ownership over 6,105,438 common shares of Infinitum . Prior to the Transaction, the Company did not hold beneficial ownership or control over [...]
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 [...]