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Minaurum Gold Inc V.MGG

Alternate Symbol(s):  MMRGF

Minaurum Gold Inc. is a Canada-based exploration stage company. The Company's exploration strategy is to develop and acquire a pipeline of potential Tier One precious and base metals projects. It provides significant exposure to precious and base metals. Its primary focus is advancing its flagship Alamos Silver Project in the historic Alamos silver mining district, located adjacent to the Aurifero gold project, and further south the joint ventured Adelita copper-silver project in Sonora. The Santa Marta VMS gold-copper project, Aurena gold project and Taviche silver-gold project are located in the Oaxaca. The Biricu gold project is surrounded by gold producing mining companies in the heart of the Guerrero Gold Belt. Aurena is located in the southern part of Oaxaca State, covering approximately 1,035 hectares, 40 kilometers (km) from the trading ports, Salina Cruz. Its Santa Marta is a copper-gold project located in the southeastern part of Oaxaca State, Mexico.


TSXV:MGG - Post by User

Post by Betteryear2on Mar 02, 2023 10:49pm
454 Views
Post# 35316663

Minaurum Accesses 600 m of Promontorio Mine

Minaurum Accesses 600 m of Promontorio Mine

Vancouver, British Columbia--(Newsfile Corp. - March 2, 2023) - Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) ("Minaurum") is pleased to provide an update on the underground rehabilitation work at the historical Promontorio mine, located in its flagship 100% owned Alamos silver project in Sonora, Mexico. Minaurum has successfully accessed the first 600 m of the main haulage level. Backfill material was removed and sampled returning grades ranging from anomalous to 308 g/t silver, 5.7 g/t gold, 1.57% copper, 3.91% lead and 8.19% zinc.

"Our underground rehabilitation has now accessed 600 metres of an estimated 1.2 kilometres of workings," stated Darrell Rader, President and CEO. "Having full access to the workings will enable us to evaluate areas of known high-grade silver mineralization in addition to locating additional unmined areas of mineralization. Once our rehabilitation efforts are complete, we will commence detailed underground channel sampling leading to an underground drill program."

Minaurum Accesses 600 m of Promontorio Mine at Alamos Silver Project; Sampling Returns 308 g/t Silver and 5.7 g/t Gold (newsfilecorp.com)

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