Minaurum Extends Key Mining Permit at Alamos Silver Project
The Mexican Federal Environmental Authority ("SEMARNAT") has extended the Environmental Impact Statement ("MIA”) which allows for surface exploration and mining production activities.
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Minaurum Accesses 600 m of Promontorio Mine at Alamos Silver Project; Sampling Returns 308 g/t silver and 5.7 g/t gold
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.
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Minaurum Acquires 100% in Alamos Silver Project
Minaurum has fully satisfied all obligations of its option agreement and has vested 100% ownership in its flagship Alamos Silver project in Sonora, Mexico.
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Minaurum Drills More High-Grade Silver at Alamos
Minaurum drilled 609 g/t Silver over 9.90m incl. 0.90 m @ 1,145 g/t Ag, 0.50 m @ 2,260 g/t Ag, and 0.50 m @ 2,360 g/t Ag
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Initial Phase II Alamos Results Intersect Multiple High-Grade Silver
Intersected 3.5 m of 404 g/t silver including 1.15 m of 999 g/t silver and 6.35 m of 356 g/t silver including 0.70 m of 2090 g/t silver at Europa-Guadalupe and 3.1 m of 1197 g/t silver at Promontorio
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Discovery Developer
Minaurum’s exploration strategy is to develop and acquire a pipeline of potential Tier One precious and base metals projects. Through a portfolio containing Silver projects totaling 37,928 hectares; Gold projects totaling 25,933 hectares; and Copper projects totaling 12,856 hectares, Minaurum provides significant exposure to precious and base metals. The Minaurum team has a proven technical and financing track record and has been credited with the discovery of over 300 million ounces of silver and 16 million ounces of gold in Mexico. The company is listed on the TSX Venture Exchange under ‘MGG’ | OTCQX Best Market under ‘MMRGF’ | Frankfurt Stock Exchange under ‘78M’.
Advancing Mexican Project Portfolio
Minaurum's primary focus is advancing its flagship Alamos Silver Project in the historic Alamos silver mining district, located adjacent is 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 joint ventured Taviche silver-gold project are located in the Oaxaca. The Vuelcos and Biricu gold projects are surrounded by major gold producing mining companies in the heart of the Guerrero Gold Belt.
Mexico has a long history of base and precious metals exploration and mining, resulting in Mexico becoming one of the largest precious metals producers globally and a hub for several Canadian mining companies. Mexico is a “go-to” destination for international mining companies. Investors looking for precious metals exposure, gold stocks to buy, including a silver stock and some of the best copper stocks. Mexico has a large base of mining employment in exploration or producer gold mining stocks and/or silver stocks. Boasting a strong indigenous mining industry, Mexico is known as a stable mining jurisdiction with a fair tax regime and solid mineral tenures.
