Minaurum Gold Inc. is pleased to announce the closing of its previously announced brokered private placement offering of units of the Company at a price of $0.40 per Unit. A syndicate of agents led by Clarus Securities Inc., together with Agentis Capital Markets Canada Ltd. and Eight Capital , sold 12,500,000 Units in connection with the Offering for aggregate gross proceeds of $5,000,000. Each Unit consists of one common [...]
Minaurum Gold Inc. is pleased to announce that, concurrent with its C$5,000,000 marketed private placement offering announced on May 4, 2020, led by Clarus Securities Inc. on behalf of a syndicate of agents, the Company has agreed to issue up to a further of 10,500,000 units of the Company at a price of C$0.40 per Unit, for additional gross proceeds of up to C$4,200,000, on a non-brokered private placement basis . Each [...]
Minaurum Gold Inc. is pleased to announce that it has entered into an agreement with Clarus Securities Inc. on behalf of a syndicate of agents , whereby the Agents will raise up to C$5,000,000 through an Offering of up to 12,500,000 units of the Company to be priced at C$0.40 per Unit. Each Unit is comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant , with each [...]
Minaurum Gold Inc., is pleased to announce that it has acquired historical data including mine maps, sections and results of 40 holes drilled in multiple surface and underground exploration campaigns that occurred from the 1960s through the early 1980s at its Alamos silver project in Sonora, Mexico. The exploration programs were focused on the historic Promontorio and Minas Nuevas underground mines that closed in 1898 and [...]
Minaurum Gold Inc., is pleased to announce that through a series of acquisitions and the signing of an option agreement, it has expanded its presence in the Alamos Mining District in Sonora, Mexico by acquiring control of the Aurifero Gold Project. The 1,229-hectare project lies 35 km northwest of Minaurum's Alamos Silver Project. Located between both projects is Mexico's third largest copper mine, Cobre Del Mayo's [...]
Minaurum Gold Inc. , is pleased to announce that it has completed its Phase I Drill program at the Alamos silver project in Sonora, Mexico. Phase I tested 19 of the 25 vein systems identified to date at Alamos. Fourteen of the nineteen vein systems returned high-grade silver intercepts demonstrating that mineralization occurs throughout a 10 km-long by 6 km-wide corridor. In addition, Minaurum has acquired a large [...]
Minaurum Gold Inc. is pleased to announce further results from its ongoing first stage drill program at its Alamos Silver project in Sonora, Mexico. Over twenty vein systems have been identified at Alamos and with these latest results Minaurum has now tested 14 of these known systems. The initial focus has been on drilling several holes into each vein to determine the extent of the district and to generate a prioritized [...]
Minaurum Gold Inc., is pleased to announce that Mr. David Medilek, P.Eng., CFA, has been appointed to the Board of Directors. Mr. Medilek is a mining professional with over 12 years of mine engineering, capital markets and M&A experience. Mr. Medilek began his career as a mining engineer with Barrick Gold Corp. in Western Australia focusing on underground mines. After his tenure at Barrick, he became a Mining Investment [...]
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Metals & Mining and Energy Company Executives share vision, answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming OTCQX Resources Virtual lnvestor Conference. Individual investors, institutional investors, advisors, and analysts are invited to listen to the executive management of metals & mining [...]
Minaurum Gold Inc., is pleased to announce that it has more than doubled the size of its Alamos Silver project in Sonora, Mexico through the staking of an additional 20,872 hectares. In addition, ongoing district-scale reconnaissance mapping has found four new vein zones; Rosario, La Dura Oeste, La Dura and Tijera. A total of 20 vein zones have now been recognized at the Alamos project. Systematic drilling of these veins [...]
Minaurum Gold Inc., is pleased to announce that its on-going drill program in the Alamos Silver District in Sonora, Mexico has demonstrated that three of the new vein systems mapped by Minaurum host significant mineralization at depth and have the potential for silver-rich shoots along strike and at depth. Furthermore, drilling has intersected five previously unknown blind veins. To date, Minaurum has drilled portions of [...]