Minaurum Gold Inc., is pleased to announce that it has resumed drilling at the Alamos Silver project in Sonora, Mexico. The minimum 5,000-m drill program will focus primarily on seven untested vein targets exposed at high structural levels in down-dropped blocks outside of the historic mining corridor. These holes are also aimed to cut blind veins that may be present between the surface-exposed veins. The program follows [...]
Minaurum Gold Inc. , is pleased to announce that it has acquired the 10,159-ha La Quintera 3 claim and the 400-ha Yoreme claim, expanding its Alamos Silver Project in Mexico to 16,134-has. Initial mapping and sampling has revealed three vein systems on the Yoreme claim measuring between 900 m to 1800 m long. Vein sampling has returned grades ranging from anomalous up to 250 g/t Ag, 1.29% Cu, 4.74% Pb, and 1.99% Zn. "With [...]
Minaurum Gold is pleased to announce that it has discovered extensions of the historic Promontorio-Quintera Vein and the Nueva Europa Vein at the Alamos Silver Project in Sonora, Mexico. The Promontorio-Quintera extension, named "Promontorio Sur," extends for 1 km and is cut-off and down-dropped by a northwest-trending fault from the historic vein that produced in excess of 120M oz silver. The Nueva Europa extension [...]
Minaurum Gold is pleased to announce the discovery of three new veins that lie within four recently acquired concessions internal to its 100% owned Alamos Silver Project in Mexico. All three veins were found through a district-scale reconnaissance mapping and sampling program triggered by the discovery of wide, high-grade mineralization outside of the historically mined part of the district . The Pulpito vein, located 1 [...]
Minaurum Gold is pleased to announce that it has closed the final tranche of its previously announced oversubscribed private placement raising $1,382,248.35. Minaurum has now raised total gross proceeds of $7,084,747.80. The proceeds of the private placement will be used by Minaurum for its ongoing exploration program at the Alamos Silver project in Sonora State, Mexico, as well as for working capital purposes. A total of [...]
Minaurum Gold is pleased to announce that its previously announced private placement is oversubscribed and it is increasing the private placement to $7,000,000, subject to TSX Venture Exchange approval. In addition, Minaurum has now closed the second tranche of the private placement raising $909,999.45. Total gross proceeds raised in the first two tranches are $5,702,499.45. The proceeds of the private placement will be [...]
Minaurum Gold is pleased to announce that it has raised $4,792,500 in its first tranche of a total $6M non-brokered private placement. The proceeds of the private placement will be used by Minaurum for its ongoing exploration program at the Alamos Silver project in Sonora State, Mexico, as well as for working capital purposes. A total of 10,650,000 units were issued at a price of $0.45 per unit for gross proceeds of [...]
Minaurum Gold is pleased to announce results from its on-going drill program in the historic Alamos Silver District in Sonora. Hole AL17-07, the first hole ever drilled into the Europa-Guadalupe Vein system, intersected 8.25 metres grading 1,760 g/t Silver, 1.6% Copper, 1.5% Lead, and 2.6% Zinc, including 2.2 metres grading 5,098 g/t Silver, 2.76% Copper, 0.5% Lead, and 1.18% Zinc. The vein was cut 325m below surface and [...]
Minaurum Gold is pleased to announce results from its first five holes drilled at the historic Alamos Silver Project in Sonora, Mexico. The holes successfully tested the Promontorio vein zone, the "Piano-Key" structural model, and the Minas Nuevas area targets. At Promontorio, Holes AL17-004 and AL17-005 discovered a new mineralized structure that returned highlights of: 20.15 m of 154 g/t Ag, 0.5% Cu, 2.3% Pb, 6.8% Zn [...]
Minaurum Gold is pleased to announce the commencement of a minimum 5,000-m diamond drill program at its Alamos Silver Project in Sonora, Mexico. The drilling will focus on seven major mineralized vein structures identified by Minaurum's 2016-2017 sampling and mapping program. Three of these were the source of Alamos district's historic 200 Moz high-grade silver production and may still contain overlooked silver shoots [...]
Minaurum Gold is pleased to announce that it has received total proceeds of $3.5 million from the exercise of warrants. The warrants were originally issued in private placements undertaken between June 2015 and August 2015. "We are grateful for this expression of confidence from our long-term shareholders," stated Darrell Rader, President and CEO. "This significant injection of capital enhances our ability to follow-up on [...]
Minaurum Gold is pleased to announce that it has identified two new well-mineralized vein systems with the highest grade sample returning 1,085 g/t silver, at its Alamos Silver Project (previously known as La Quintera) in southern Sonora State. The newly identified Europa-Palomas and Tigre veins lie in down-faulted blocks 400 to 600 metres to the west and east, respectively, of the upthrown Quintera Block, which has [...]
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