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Minaurum Enters into New Long Term Community Agreements at its Alamos Silver Project

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Minaurum Gold Inc. (MMRGF) has secured new 29-year ejido community agreements for its Alamos silver project in Sonora, Mexico. The agreements cover both La Aduana and Tetajiosa ejidos, providing complete access for exploration, construction, and mining operations across 6,000 hectares of the core project area. The agreements received unanimous approval from the communities and complement an existing agreement with the municipality of Minas Nuevas. The project is already permitted through to production with an Environmental Impact Statement allowing for exploration and underground mining activities.

Since 2016, Minaurum has supported local communities through employment, training programs, micro loan funding, environmental investments, and infrastructure spending. The company views these agreements as a significant de-risking milestone for advancing the project toward a maiden silver resource.

Minaurum Gold Inc. (MMRGF) ha ottenuto nuovi accordi di 29 anni con le comunità ejido per il suo progetto d'argento Alamos a Sonora, México. Gli accordi coprono sia gli ejidos La Aduana che Tetajiosa, fornendo accesso completo per esplorazioni, costruzioni e operazioni minerarie su un'area centrale di 6.000 ettari. Gli accordi hanno ricevuto approvazione unanime dalle comunità e completano un accordo esistente con il comune di Minas Nuevas. Il progetto è già autorizzato fino alla produzione con una Dichiarazione di Impatto Ambientale che consente attività di esplorazione e di estrazione sotterranea.

Dal 2016, Minaurum ha supportato le comunità locali attraverso occupazione, programmi di formazione, finanziamenti per micro prestiti, investimenti ambientali e spese per infrastrutture. L'azienda considera questi accordi come un importante traguardo nella riduzione dei rischi per far avanzare il progetto verso una prima risorsa d'argento.

Minaurum Gold Inc. (MMRGF) ha asegurado nuevos acuerdos de 29 años con comunidades ejido para su proyecto de plata Alamos en Sonora, México. Los acuerdos cubren tanto los ejidos La Aduana como Tetajiosa, proporcionando acceso completo para la exploración, construcción y operaciones mineras en un área central de 6,000 hectáreas. Los acuerdos recibieron la aprobación unánime de las comunidades y complementan un acuerdo existente con el municipio de Minas Nuevas. El proyecto ya está autorizado hasta la producción con una Declaración de Impacto Ambiental que permite actividades de exploración y minería subterránea.

Desde 2016, Minaurum ha apoyado a las comunidades locales a través de empleo, programas de capacitación, financiamiento de microcréditos, inversiones ambientales y gastos en infraestructura. La compañía considera estos acuerdos como un hito significativo para reducir riesgos y avanzar en el proyecto hacia un recurso inicial de plata.

미나우럼 골드 Inc. (MMRGF)는 멕시코 소노라의 알라모스 은 광산 프로젝트에 대한 29년 간의 새로운 에히도 커뮤니티 계약을 체결했습니다. 이 계약은 라 아두아나와 테타히오사 에히도를 포함하여, 6,000헥타르의 핵심 프로젝트 지역에 대한 탐사, 건설 및 채굴 작업을 위한 완전한 접근을 제공합니다. 이 계약은 커뮤니티의 만장일치로 승인되었으며, 미나스 누에바스 지방자치단체와의 기존 계약을 보완합니다. 이 프로젝트는 이미 탐사와 지하 채굴 활동을 허용하는 환경 영향 보고서를 통해 생산 단계까지 허가를 받았습니다.

2016년부터 미나우럼은 고용, 교육 프로그램, 소액 대출 자금 지원, 환경 투자 및 인프라 지출을 통해 지역 사회를 지원해 왔습니다. 이 회사는 이러한 계약을 프로젝트를 은 자원으로 발전시키기 위한 중요한 위험 감소 이정표로 보고 있습니다.

Minaurum Gold Inc. (MMRGF) a sécurisé de nouveaux accords de 29 ans avec des communautés ejido pour son projet d'argent Alamos à Sonora, au Mexique. Les accords couvrent à la fois les ejidos La Aduana et Tetajiosa, offrant un accès complet pour l'exploration, la construction et les opérations minières sur une superficie de 6 000 hectares dans la zone centrale du projet. Les accords ont reçu l'approbation unanime des communautés et complètent un accord existant avec la municipalité de Minas Nuevas. Le projet est déjà autorisé jusqu'à la production avec une évaluation d'impact environnemental permettant des activités d'exploration et de minage souterrain.

Depuis 2016, Minaurum soutient les communautés locales à travers l'emploi, des programmes de formation, le financement de microcrédits, des investissements environnementaux et des dépenses d'infrastructure. L'entreprise considère ces accords comme une étape significative pour réduire les risques et faire avancer le projet vers une première ressource en argent.

Minaurum Gold Inc. (MMRGF) hat neue 29-jährige Ejido-Vereinbarungen für sein Alamos-Silberprojekt in Sonora, Mexiko, gesichert. Die Vereinbarungen betreffen sowohl die Ejidos La Aduana als auch Tetajiosa und ermöglichen den vollständigen Zugang für Erkundungs-, Bau- und Bergbauaktivitäten auf 6.000 Hektar im Kernbereich des Projekts. Die Vereinbarungen wurden einstimmig von den Gemeinschaften genehmigt und ergänzen einen bestehenden Vertrag mit der Gemeinde Minas Nuevas. Das Projekt ist bereits bis zur Produktion genehmigt, mit einer Umweltverträglichkeitsprüfung, die Erkundungs- und Untertagebauaktivitäten ermöglicht.

Seit 2016 unterstützt Minaurum die lokalen Gemeinschaften durch Beschäftigung, Ausbildungsprogramme, Mikrofinanzierungen, Umweltinvestitionen und Infrastrukturprojekte. Das Unternehmen betrachtet diese Vereinbarungen als einen bedeutenden Schritt zur Risikominderung, um das Projekt in Richtung einer ersten Silberressource voranzubringen.

Positive
  • Secured 29-year extendable community agreements covering 100% of core project area
  • Project is fully permitted through production with Environmental Impact Statement
  • Unanimous community approval indicates strong local support
  • Agreements allow unrestricted exploration, construction, mining and processing across 6000 hectares
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - December 17, 2024) - Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) ("Minaurum") is pleased to announce the signing of new 29-year ejido community agreements that secure access for the exploration, construction and exploitation of the 100% owned and permitted Alamos silver project ("Alamos") in Sonora, Mexico. With these agreements that cover both of the ejido's at Alamos, along with the existing one in place with the municipality of Minas Nuevas, all of the communities located on the project support the advancement of Alamos.

Highlights of the Agreements

  • Duration: 29-year extendable agreements that cover 100% of the core project area.
  • Exploration and Mining: Allows for exploration, construction, mining and processing with no restrictions covering 6000 hectares.
  • Strong Support: Unanimous approval by the La Aduana and Tetajiosa ejidos highlight Minaurum's strong local support.

"These agreements mark another significant de-risking milestone and provide Minaurum with the long-term stability necessary to advance Alamos and realize its full potential," stated Darrell Rader, President & CEO of Minaurum Gold. "Since the start of our exploration activities in 2016, we have supported local communities through many initiatives including employment and training programs, micro loan funding, environmental investments and infrastructure spending. We're looking forward to working alongside the communities as we progress Alamos towards a maiden silver resource."

The Alamos silver project is permitted through to production with an Environmental Impact Statement ("MIA”) allowing for exploration and underground mining activities (see Minaurum news release dated June 26, 2023).

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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 southern Sonora, Mexico and the Lone Mountain CRD Project in Nevada, USA. 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
Vancouver, BC V6C 3L6
Phone: 778 330-0994
www.minaurum.com
info@minaurum.com

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/233840

FAQ

What is the duration of Minaurum Gold's (MMRGF) new community agreements for the Alamos silver project?

The new community agreements for the Alamos silver project are 29-year extendable agreements.

How many hectares of land do the new MMRGF Alamos project agreements cover?

The agreements cover 6,000 hectares of the core project area.

Which communities approved the new agreements for MMRGF's Alamos silver project?

The La Aduana and Tetajiosa ejidos unanimously approved the agreements, along with the existing agreement with the municipality of Minas Nuevas.

What activities are permitted under MMRGF's new Alamos project agreements?

The agreements allow for exploration, construction, mining, and processing activities with no restrictions.

When did Minaurum Gold (MMRGF) receive its Environmental Impact Statement for the Alamos project?

Minaurum received the Environmental Impact Statement (MIA) allowing for exploration and underground mining activities, as announced on June 26, 2023.

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