Minaurum Gold Inc. , is pleased to announce that it has received $3,981,937.50 in proceeds from the exercise of warrants bringing its consolidated cash balance to approximately $10M. These additional funds provide Minaurum with the flexibility to expand its on-going exploration program at the Alamos silver project. Minaurum currently has 308,939,046 shares issued and outstanding. Minaurum is also pleased to announce the [...]
Vancouver, British Columbia-- - Minaurum Gold Inc. is pleased to announce that its common shares begin trading today on the OTCQX® Best Market in the United States, under the symbol "MMRGF". OTCQX® is operated by the OTC Markets Group Inc. OTC Markets Group operates markets for 10,000 U.S. and global securities. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on [...]
Minaurum Gold Inc. is pleased to announce the first high grade gold discovery at the Alamos silver project in Mexico. The newly discovered Alessandra vein zone lies in the eastern part of the project, approximately 1 km southeast of the Ana zone . Alessandra measures more than 4 metres wide in surface exposures, and can be traced for 1.1 km, with a topographic linear suggesting it extends at least another 1 km to the [...]
Minaurum Gold Inc. is pleased to announce the discovery of two new vein zones, the San Jose and the Santa Rosa, through its ongoing district-scale reconnaissance program. San José returned assays ranging from anomalous up to 1995 g/t Ag, 2.46% Cu and 1.93% Pb and along with Santa Rosa lies in the western portion of the recently acquired Claraboya concession. "San José represents one of the largest and highest-grade new vein zones we've found at Alamos, with grades and widths that bode well for the potential at depth and along strike. We expect to test this new target in our current drill program." stated Darrell Rader, President and CEO of Minaurum. Drill Program Update: In addition to its ongoing surface reconnaissance program, Minaurum is the midst of a minimum 5,... [...]
Minaurum Gold Inc., is pleased to announce the acquisition of the 311-hectare Claraboya concession located in the western part of its 100% owned Alamos Silver Project in Sonora, Mexico. Claraboya hosts the newly discovered southern extension of the Europa-Guadalupe Vein system named "Europa Sur" and surface sampling along it returned assays ranging from anomalous up to 1205 g/t Ag, 3.19% Cu, 1.9% Pb and 1.44% Zn . These [...]
Minaurum Gold Inc., is pleased to announce that it has resumed drilling at the Alamos Silver project in Sonora, Mexico. The minimum 5,000-m drill program will focus primarily on seven untested vein targets exposed at high structural levels in down-dropped blocks outside of the historic mining corridor. These holes are also aimed to cut blind veins that may be present between the surface-exposed veins. The program follows [...]
Minaurum Gold Inc. , is pleased to announce that it has acquired the 10,159-ha La Quintera 3 claim and the 400-ha Yoreme claim, expanding its Alamos Silver Project in Mexico to 16,134-has. Initial mapping and sampling has revealed three vein systems on the Yoreme claim measuring between 900 m to 1800 m long. Vein sampling has returned grades ranging from anomalous up to 250 g/t Ag, 1.29% Cu, 4.74% Pb, and 1.99% Zn. "With [...]
Minaurum Gold is pleased to announce that it has discovered extensions of the historic Promontorio-Quintera Vein and the Nueva Europa Vein at the Alamos Silver Project in Sonora, Mexico. The Promontorio-Quintera extension, named "Promontorio Sur," extends for 1 km and is cut-off and down-dropped by a northwest-trending fault from the historic vein that produced in excess of 120M oz silver. The Nueva Europa extension [...]
Minaurum Gold is pleased to announce the discovery of three new veins that lie within four recently acquired concessions internal to its 100% owned Alamos Silver Project in Mexico. All three veins were found through a district-scale reconnaissance mapping and sampling program triggered by the discovery of wide, high-grade mineralization outside of the historically mined part of the district . The Pulpito vein, located 1 [...]
Minaurum Gold is pleased to announce that it has closed the final tranche of its previously announced oversubscribed private placement raising $1,382,248.35. Minaurum has now raised total gross proceeds of $7,084,747.80. The proceeds of the private placement will be used by Minaurum for its ongoing exploration program at the Alamos Silver project in Sonora State, Mexico, as well as for working capital purposes. A total of [...]
Minaurum Gold is pleased to announce that its previously announced private placement is oversubscribed and it is increasing the private placement to $7,000,000, subject to TSX Venture Exchange approval. In addition, Minaurum has now closed the second tranche of the private placement raising $909,999.45. Total gross proceeds raised in the first two tranches are $5,702,499.45. The proceeds of the private placement will be [...]
Minaurum Gold is pleased to announce that it has raised $4,792,500 in its first tranche of a total $6M non-brokered private placement. The proceeds of the private placement will be used by Minaurum for its ongoing exploration program at the Alamos Silver project in Sonora State, Mexico, as well as for working capital purposes. A total of 10,650,000 units were issued at a price of $0.45 per unit for gross proceeds of [...]
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