Minaurum Gold Inc. is pleased to announce the discovery of two new vein zones, the San Jose and the Santa Rosa, through its ongoing district-scale reconnaissance program. San José returned assays ranging from anomalous up to 1995 g/t Ag, 2.46% Cu and 1.93% Pb and along with Santa Rosa lies in the western portion of the recently acquired Claraboya concession. "San José represents one of the largest and highest-grade new vein zones we've found at Alamos, with grades and widths that bode well for the potential at depth and along strike. We expect to test this new target in our current drill program." stated Darrell Rader, President and CEO of Minaurum. Drill Program Update: In addition to its ongoing surface reconnaissance program, Minaurum is the midst of a minimum 5,... [...]
Minaurum Gold Inc., is pleased to announce the acquisition of the 311-hectare Claraboya concession located in the western part of its 100% owned Alamos Silver Project in Sonora, Mexico. Claraboya hosts the newly discovered southern extension of the Europa-Guadalupe Vein system named "Europa Sur" and surface sampling along it returned assays ranging [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]