Core Insights - Minaurum Gold Inc. has successfully completed its Phase I 10,000-meter infill drill program and is now launching a Phase II resource expansion drill program of approximately 25,000 meters at the Alamos Silver Project in Sonora, Mexico [1][2] Group 1: Phase I and II Drilling Programs - The completion of Phase I has set the stage for the upcoming resource estimate, with the company confident that the initial estimate will only reflect a fraction of the project's full potential [2][3] - Phase II drilling will focus on expanding existing targets and exploring additional zones, with a significant resource update expected in 2026 [2][4] - A total of 26 vein zones have been identified within an 11 km x 6 km area, with 13 of the 19 drilled vein zones returning high-grade silver intercepts [2][4] Group 2: Specific Vein Zones and Grades - The Europa vein zone has a cumulative strike length of 2.8 km, with an average vein thickness of 3.00 m and a grade of 454 g/t AgEq [7] - The Travesia, Promontorio Sur, and Quintera vein zones have a cumulative strike length of 3.2 km, with an average vein thickness of 5.40 m and a grade of 338 g/t AgEq [9] - The Minas Nuevas, San Jose, Pulpito, and Cotera vein zones total 5 km in strike length, all open along strike and at depth, with targeted drilling focusing on previously reported grades [12][13] Group 3: Marketing Agreements - The company has entered into marketing agreements with Capital Analytica and the National Inflation Association to enhance its marketing and communications efforts [20][23] - The agreement with Capital includes a payment of $120,000 for a twelve-month term, while the agreement with NIA involves a total payment of $100,000 over a similar period [21][23] Group 4: Company Overview - Minaurum Gold Inc. is focused on the high-grade, 100% owned Alamos silver project in southern Sonora, Mexico, and aims to create shareholder value through the development of Tier-One precious and base metal projects [26]
Minaurum Launches 25,000 Meter Phase 2 Resource Expansion Drill Program at Alamos Silver Project
Newsfile·2025-11-27 15:05