Minaurum Increases Phase 2 Resource Expansion Drill Program to 50,000 Meters at Alamos Silver Project
Newsfile·2025-12-05 14:00

Core Viewpoint - Minaurum Gold Inc. is expanding its Phase II resource-expansion drill program at the Alamos Silver Project from 25,000 meters to 50,000 meters, driven by strong institutional interest in ongoing financing [2][4]. Drill Program Expansion - The expanded drill program will allow the company to test more vein-zone targets and grow the mineralized footprint, supporting a major resource update planned for 2026 [2][3]. - The program will focus on infill and step-out results from Phase I drilling, with multiple rigs on site and 263 drill pads already permitted [2][3]. Resource Identification - Minaurum has identified 26 vein zones within an 11 km x 6 km area, covering only one-fifth of the Alamos Silver Project, with 13 of the 19 drilled vein zones returning high-grade silver intercepts [3]. Stock Option Grant - The company has granted 3,160,000 stock options to directors, officers, and consultants, exercisable at a price of $0.36 for five years, with vesting occurring in four equal installments [7].

Minaurum Increases Phase 2 Resource Expansion Drill Program to 50,000 Meters at Alamos Silver Project - Reportify