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Minaurum Drills Exceptional High-Grade Intercepts at Alamos Silver Project, Including 3.00 m of 3,152 g/t Silver

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Minaurum Gold Inc. (MMRGF) has announced significant drilling results from its Alamos Silver Project in Sonora, Mexico. The program targeting the Promontorio vein zone has yielded exceptional silver intercepts, including 3.00 m of 4,173 g/t silver equivalent (AL24-111), 6.35 m of 380 g/t AgEq (AL24-110), and 5.75 m of 189 g/t AgEq (AL24-112).

The drilling program focuses on the 1 km-long Promontorio vein zone, which includes multiple veins: Veta Grande, Veta del 100, and Veta Las Guijas. Notable results from the Tirito area include a high-grade sub-interval of 1.55 m of 7,780 AgEq, containing 0.50 m of 13,995 g/t AgEq. The company aims to establish a maiden resource at the Alamos project, with drilling focused on 75- to 100-m spacings between vein intersections.

Minaurum Gold Inc. (MMRGF) ha annunciato risultati di perforazione significativi dal suo Alamos Silver Project in Sonora, Messico. Il programma, che mira alla zona della vena Promontorio, ha prodotto intercettazioni eccezionali di argento, tra cui 3,00 m di 4.173 g/t equivalente argento (AL24-111), 6,35 m di 380 g/t AgEq (AL24-110) e 5,75 m di 189 g/t AgEq (AL24-112).

Il programma di perforazione si concentra sulla zona della vena Promontorio, lunga 1 km, che include più vene: Veta Grande, Veta del 100 e Veta Las Guijas. Risultati notevoli dall'area Tirito includono un sottogruppo ad alta legge di 1,55 m di 7.780 AgEq, contenente 0,50 m di 13.995 g/t AgEq. L'azienda mira a stabilire una risorsa iniziale presso il progetto Alamos, con perforazioni focalizzate su distanze di 75-100 m tra le intercettazioni delle vene.

Minaurum Gold Inc. (MMRGF) ha anunciado resultados de perforación significativos de su Alamos Silver Project en Sonora, México. El programa que se dirige a la zona de la veta Promontorio ha producido intercepciones excepcionales de plata, incluyendo 3.00 m de 4,173 g/t equivalente de plata (AL24-111), 6.35 m de 380 g/t AgEq (AL24-110) y 5.75 m de 189 g/t AgEq (AL24-112).

El programa de perforación se centra en la zona de la veta Promontorio, que tiene una longitud de 1 km e incluye múltiples vetas: Veta Grande, Veta del 100 y Veta Las Guijas. Resultados notables del área de Tirito incluyen un subintervalo de alta ley de 1.55 m de 7,780 AgEq, que contiene 0.50 m de 13,995 g/t AgEq. La empresa tiene como objetivo establecer un recurso inicial en el proyecto Alamos, con perforaciones enfocadas en distancias de 75 a 100 m entre las intersecciones de las vetas.

미나우름 골드 주식회사 (MMRGF)는 멕시코 소노라에 있는 알라모스 실버 프로젝트에서 중요한 드릴링 결과를 발표했습니다. 프로몬토리오 vein zone을 목표로 하는 이 프로그램은 4,173 g/t 은에 해당하는 3.00m (AL24-111), 6.35m의 380 g/t AgEq (AL24-110), 5.75m의 189 g/t AgEq (AL24-112) 등 뛰어난 은 인터셉트를 기록했습니다.

드릴링 프로그램은 1km 길이의 프로몬토리오 vein zone에 집중되며, 여기에는 여러 개의 vein이 포함됩니다: 베타 그란데, 베타 델 100, 베타 라스 기하스. 티리토 지역에서의 주목할 만한 결과는 1.55m의 고급 서브 인터벌 7,780 AgEq로, 0.50m의 13,995 g/t AgEq를 포함하고 있습니다. 회사는 알라모스 프로젝트에서 초보 자원을 확립하는 것을 목표로 하며, 드릴링은 vein 교차점 간의 75m에서 100m 간격에 집중되고 있습니다.

Minaurum Gold Inc. (MMRGF) a annoncé des résultats de forage significatifs de son Alamos Silver Project à Sonora, au Mexique. Le programme ciblant la zone de veine Promontorio a produit des intercepts d'argent exceptionnels, y compris 3,00 m de 4 173 g/t d'équivalent argent (AL24-111), 6,35 m de 380 g/t AgEq (AL24-110) et 5,75 m de 189 g/t AgEq (AL24-112).

Le programme de forage se concentre sur la zone de veine Promontorio, longue de 1 km, qui comprend plusieurs veines : Veta Grande, Veta del 100 et Veta Las Guijas. Des résultats notables de la zone de Tirito incluent un sous-intervalle de haute teneur de 1,55 m de 7 780 AgEq, contenant 0,50 m de 13 995 g/t AgEq. L'entreprise vise à établir une ressource initiale au projet Alamos, avec des forages concentrés sur des espacements de 75 à 100 m entre les intersections de veines.

Minaurum Gold Inc. (MMRGF) hat bedeutende Bohrergebnisse aus seinem Alamos Silver Project in Sonora, Mexiko, bekannt gegeben. Das Programm, das sich auf die Promontorio-Venenzone konzentriert, hat außergewöhnliche Silberinterzeptionen geliefert, darunter 3,00 m mit 4.173 g/t Silberäquivalent (AL24-111), 6,35 m mit 380 g/t AgEq (AL24-110) und 5,75 m mit 189 g/t AgEq (AL24-112).

Das Bohrprogramm konzentriert sich auf die 1 km lange Promontorio-Venenzone, die mehrere Venen umfasst: Veta Grande, Veta del 100 und Veta Las Guijas. Bemerkenswerte Ergebnisse aus dem Tirito-Gebiet umfassen ein hochgradiges Subintervall von 1,55 m mit 7.780 AgEq, das 0,50 m mit 13.995 g/t AgEq enthält. Das Unternehmen hat das Ziel, eine erste Ressource im Alamos-Projekt zu etablieren, wobei die Bohrungen auf Abstände von 75 bis 100 m zwischen den Venenkreuzungen fokussiert sind.

Positive
  • Exceptional high-grade silver intercepts: 3.00 m of 4,173 g/t AgEq
  • Significant sub-interval results: 1.55 m of 7,780 AgEq including 0.50 m of 13,995 g/t AgEq
  • Consistent mineralization along 1 km strike length
  • Project is 100% owned and production-permitted
Negative
  • Experienced considerable assay lab delays affecting result reporting

Vancouver, British Columbia--(Newsfile Corp. - February 13, 2025) - Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) ("Minaurum" or "the Company") is excited to announce the latest results from its drill program at the Alamos Silver Project ("Alamos") in Sonora, Mexico. The program, which is targeting the highly prospective Promontorio vein zone, continues to demonstrate robust silver mineralization, with exceptional intercepts including: 3.00 m of 4,173 g/t silver equivalent ("AgEq") (AL24-111); 6.35 m of 380 g/t AgEq (AL24-110); and 5.75 m of 189 g/t AgEq. (AL24-112) (Table 1) (Figures 1, 2, 3).

"These results, which underscore the significant potential of the Alamos project, highlight the consistent high-grade silver mineralization drilled over impressive widths along the 1 km strike length of the Promontorio vein zone," stated Darrell Rader, President and CEO of Minaurum Gold, "Now that considerable assay lab delays have been resolved, we look forward to releasing additional results from Promontorio, including the Tirito area, which returned the headline silver intercept."

Promontorio Vein Zone

Promontorio, along with the Europa vein zone, is one of the high-priority targets in which the Company will establish a maiden resource at the Alamos silver project. The 1 km-long Promontorio vein zone consists of multiple veins including the Veta Grande, Veta del 100, and Veta Las Guijas (see Minaurum news release dated February 6, 2020).

Minaurum's drilling is focused on establishing 75- to 100-m spacings between vein intersections, as well as step-out drilling. Assays for the first 5 holes of the campaign were announced on September 19, 2024. These included several high-grade intercepts including: 0.70 m of 2,976 g/t AgEq (AL24-105); 5.60 m of 368 g/t AgEq and 2.55 m of 621 g/t AgEq (AL24-107); and 8.45 m of 336 g/t AgEq (AL24-108).

The four holes reported in this news release further demonstrate the high-grade continuity of the prior drill holes. Holes AL24-110 and -111 were drilled on a fence in the Tirito area of the of Las Guijas vein, while AL24-112 and -113 were drilled on another fence in the northern part of the Veta Grande (Figures 1 and 2). In the Tirito area, the Las Guijas zone contains two separate and discrete veins. Hole AL24-111 intersected a significant high-grade sub interval returning 1.55 m of 7,780 AgEq, which includes 0.50 m of 13,995 g/t AgEq and 1.05 m of 4,839 g/t AgEq. Mineralized core is shown in Figure 3. The Tirito area will be tested by additional holes during the current drill program.

Table 1. Assay highlights of holes AL24-110, -111, -112, and -113. Hole locations are shown in Figure 1. Cross section view in Figure 2. Weight-averaged silver-equivalent grades are based on May 1, 2024 Kitco.com metal prices: Ag $26.90/oz, Au $2,303.00/oz, Cu $4.52/lb, Pb $1.09/lb, Zn $1.43/lb.

HoleFrom (m)To (m)Interval (m)Ag g/tAu g/tCu %Pb %Zn %AgEq g/tVein
AL24-11078.8082.403.60320.070.131.035.31255Tirito
including
81.0082.401.40280.060.160.808.12340
82.4083.801.40mine working
83.8086.002.201040.100.200.654.60303
including
83.8084.000.205910.340.593.113.95892
106.80108.101.302280.260.903.710.71461
130.5136.856.351470.370.571.483.16380
including
133.70136.102.403230.730.983.416.80799
which includes
133.70134.550.857901.481.955.449.751,582
AL24-11165.8068.803.003,1523.781.119.0210.694,173Tirito
including
65.8067.351.556,0207.171.8416.2816.367,780
which includes
65.8066.300.5012,1833.462.6018.2422.4213,955
and
66.3067.351.053,0868.941.4815.3413.474,839
71.8077.806.00760.100.190.932.64215
including
71.8073.802.00500.210.421.755.05324
104.80108.253.452950.230.481.193.23502
AL24-112140.90146.655.75860.820.250.100.09189Veta Grande Dios Padre
including
144.05146.652.601151.040.320.140.11244
which includes
145.85146.650.80462.660.340.050.09314
AL24-113159.80160.901.10221.260.150.010.06148Veta Grande Dios Padre
165.95166.600.651581.660.230.100.16333

 

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Figure 1. Promontorio Vein Zone, 2024 drill program, showing locations of drill intercepts. Click image to enlarge.

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Figure 2. Cross section of Tirito area, Las Guijas vein, Promontorio zone, looking north-northeast, showing mineralized intercepts in holes AL24-110 and AL24-111. Hole AL20-069 was reported on February 9, 2021. Click image to enlarge.

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Figure 3. Drill core photo of AL24-111. Mineralized interval 65.80 to 68.80 m assayed 4,173 g/t AgEq or 3,152 g/t Ag, 3.78 g/t Au, 1.11% Cu, 9.02% Pb, 10.69% Zn. Host rock is skarn- and hornfels-altered limestone. Click image to enlarge. 

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Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) (FSE: 78M) is an Americas-focused explorer concentrating on the high-grade, 100% owned, production-permitted Alamos silver project in Sonora, Mexico and a portfolio of district-scale projects in Mexico. Minaurum is managed by one of the strongest technical and finance teams and will continue its founders' legacy of creating shareholder value by acquiring and developing a pipeline of Tier-One precious-and base metal projects.

ON BEHALF OF THE BOARD

"Darrell A. Rader"
Darrell A. Rader
President and CEO

For more information, please contact:
Sunny Pannu - Investor Relations and Corporate Development Manager
(778) 330 0994 or via email at pannu@minaurum.com
 
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
 
1570- 200 Burrard Street
Telephone: 1 778 330-0994
Vancouver, BC V6C 3L6 
www.minaurum.com

info@minaurum.com

 

Data review and verification: Stephen R. Maynard, Vice President of Exploration of Minaurum and a Qualified Person (QP) as defined by National Instrument 43-101, reviewed and verified the assay data, and has approved the disclosure in this News Release. Verification was done by visual inspection of core samples and comparison to assay results. Assay results have not been checked by re-analysis. No factors were identified that could materially affect the accuracy or reliability of the data presented in this news release.

Analytical Procedures and Quality Assurance/Quality Control: Preparation and assaying of drilling samples from Minaurum's Alamos project are done with strict adherence to a Quality Assurance/Quality Control (QA/QC) protocol. Core samples from the 2024 program are sawed in half and then bagged in a secure facility near the site, and then shipped by a licensed courier to ActLabs preparation facility in Zacatecas, Zacatecas, Mexico. ActLabs prepares the samples, crushing them to 70% less than 2mm, splitting off 250g, and pulverizing the split to more than 85% passing 75 microns. The resulting sample pulps are prepared in Zacatecas, and then shipped to Vancouver for chemical analysis by ActLabs. The pulps are analyzed for gold by fire assay and ICP/AES on a 50-gram charge. In addition, analyses are done for a 48-element suite using 4-acid digestion and ICP analysis. Samples with silver values greater than 100 g/t; and copper, lead, or zinc values greater than 10,000 ppm (1%) are re-analyzed using 4-acid digestion and atomic absorption spectrometry (AAS).

Quality-control (QC) samples are inserted in the sample stream every 20 samples, and thus represent 5% of the total samples. QC samples include standards, blanks, and duplicate samples. Standards are pulps that have been prepared by a third-party laboratory; they have gold, silver, and base-metal values that are established by an extensive analytical process in which several commercial labs (including ActLabs) participate. Standards test the calibration of the analytical equipment. Blanks are rock material known from prior sampling to contain less than 0.005 ppm gold; they test the sample preparation procedure for cross-sample contamination. In the case of duplicates, the sample interval is cut in half, and then quartered. The first quarter is the original sample, the second becomes the duplicate. Duplicate samples provide a test of the reproducibility of assays in the same drilled interval.

When final assays are received, QC sample results are inspected for deviation from accepted values by the QP. To date, QC sample analytical results have fallen in acceptable ranges on the Alamos project.

ActLabs is independent of Minaurum Gold and is independent of the Qualified Person.

Cautionary Note Regarding Forward Looking Information: This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to activities, events or developments that the Company expects or anticipates will or may occur in the future. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof.

In making the forward-looking information in this release, Minaurum has applied certain factors and assumptions that are based on Minaurum's current beliefs as well as assumptions made by and information currently available to Minaurum. Although Minaurum considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking information in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking information.

Readers are cautioned not to place undue reliance on forward-looking information. Minaurum does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240661

FAQ

What are the latest silver drilling results from Minaurum's (MMRGF) Alamos Project?

The latest results include exceptional intercepts of 3.00 m of 4,173 g/t silver equivalent (AL24-111), 6.35 m of 380 g/t AgEq (AL24-110), and 5.75 m of 189 g/t AgEq (AL24-112).

How long is the Promontorio vein zone at MMRGF's Alamos Project?

The Promontorio vein zone extends for 1 kilometer in length and consists of multiple veins including the Veta Grande, Veta del 100, and Veta Las Guijas.

What was the highest grade silver intercept in the Tirito area of MMRGF's project?

In the Tirito area, the highest grade intercept was 0.50 m of 13,995 g/t silver equivalent within a broader interval of 1.55 m grading 7,780 g/t AgEq.

What is the drilling spacing strategy for MMRGF's Alamos Project?

Minaurum's drilling is focused on establishing 75- to 100-meter spacings between vein intersections, along with step-out drilling.

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