Minaurum Gold Stock Price, News & Analysis

Minaurum Gold (MMRGF) has appointed Ruben Molina as Senior Project Manager for the Alamos Silver Project in Sonora, Mexico. Molina, who holds a B.Sc. in Geology, previously served as Senior Resource Modeler at SilverCrest Metals' Las Chispas deposit, which was later acquired by Coeur Mining for $1.7 billion. Three additional experienced geologists from SilverCrest are also joining the team, bringing a combined 39 years of exploration and resource evaluation experience. The team has contributed to major silver-gold deposits including Las Chispas and Santa Elena (acquired by First Majestic Silver for $154 million). Molina has already made an impact by identifying a stacked vein system at Alamos. This strategic appointment aims to advance the company's 100% owned, production-permitted Alamos silver project.

Minaurum Gold Inc. (MMRGF) has exercised its option to acquire 100% interest in the Lone Mountain CRD project in Nevada's Battle Mountain-Eureka Trend. The acquisition involves issuing $1 million worth of shares to Nevada Zinc and a $100,000 cash payment. The brownfields project features a historic inferred mineral resource of 3.257M tonnes grading 7.57% zinc and 0.70% lead, with impressive drilling highlights including 118.87m of 9.58% Zn and 0.74% Pb. A 2019 Preliminary Economic Assessment demonstrated a 35% after-tax IRR. Located 28km northwest of the historic Eureka Mining District, the project covers 1,850 hectares through one patented and 203 unpatented mining claims. The company believes the project could host significant silver and gold mineralization at depth, similar to neighboring CRDs.

Minaurum Gold (TSXV: MGG) (OTCQX: MMRGF) has identified four parallel vein structures at its Promontorio vein zone, part of the Alamos Silver Project. Recent drilling revealed significant high-grade results, including 10.20 m of 453 g/t AgEq and 8.60 m of 321 g/t AgEq in Hole AL24-120. The Promontorio vein zone, spanning 1 km, includes the Veta Grande and Veta Las Guijas veins. Notable previous results include the company's widest high-grade intercept of 36.65 m of 328 g/t AgEq including 3.85 m of 1,022 g/t AgEq. Recent drilling also revealed significant copper grades, with hole AL24-125 returning 7.69% copper within a 0.65 m interval grading 958 g/t AgEq.

Minaurum Gold Inc. (MMRGF) has announced marketing agreements with two firms to enhance its communications and market presence. The company has engaged Capital Analytica for a 3-month term at $60,000 to provide social media consultation, sentiment reporting, and marketing communications services. Additionally, National Inflation Association (NIA) has been contracted for a 3-month period at US$30,000 to distribute company activities through their email lists, website, and blog posts. Both agreements commence on May 12, 2025 and are subject to TSX Venture Exchange approval.

Minaurum Gold Inc. (MMRGF) has announced significant drilling results from its Alamos Silver Project in Sonora, Mexico, highlighting the widest high-grade intercept to date. The key discovery includes 36.65 metres of 328 g/t silver equivalent, including 3.85 m of 1,022 g/t AgEq in hole AL24-117.

The drilling program has expanded the Promontorio vein zone, with notable intercepts including 4.40 m of 241 g/t AgEq and 4.95 m of 272 g/t AgEq. These results validate historic reports of substantial vein widths across the project's 26 vein zones and will contribute to the upcoming maiden resource estimate.

The four new holes demonstrate high-grade continuity, with AL24-117 revealing multiple wide intervals of high-grade mineralization, including 6.40 m of 196 g/t AgEq and 6.30 m of 694 g/t AgEq. Holes AL24-115 and -116 confirmed the Veta Grande continuity with intersections of 7.20 m of 181 g/t AgEq and 4.95 m of 272 g/t AgEq respectively.

Minaurum Gold Inc. (MMRGF) has announced significant drilling results from its Alamos Silver Project in Sonora, Mexico. The program targeting the Promontorio vein zone has yielded exceptional silver intercepts, including 3.00 m of 4,173 g/t silver equivalent (AL24-111), 6.35 m of 380 g/t AgEq (AL24-110), and 5.75 m of 189 g/t AgEq (AL24-112).

The drilling program focuses on the 1 km-long Promontorio vein zone, which includes multiple veins: Veta Grande, Veta del 100, and Veta Las Guijas. Notable results from the Tirito area include a high-grade sub-interval of 1.55 m of 7,780 AgEq, containing 0.50 m of 13,995 g/t AgEq. The company aims to establish a maiden resource at the Alamos project, with drilling focused on 75- to 100-m spacings between vein intersections.

Minaurum Gold Inc. (MMRGF) has secured new 29-year ejido community agreements for its Alamos silver project in Sonora, Mexico. The agreements cover both La Aduana and Tetajiosa ejidos, providing complete access for exploration, construction, and mining operations across 6,000 hectares of the core project area. The agreements received unanimous approval from the communities and complement an existing agreement with the municipality of Minas Nuevas. The project is already permitted through to production with an Environmental Impact Statement allowing for exploration and underground mining activities.

Since 2016, Minaurum has supported local communities through employment, training programs, micro loan funding, environmental investments, and infrastructure spending. The company views these agreements as a significant de-risking milestone for advancing the project toward a maiden silver resource.

Minaurum Gold has strengthened its position at the Aurifero gold project in Sonora, Mexico by acquiring a 100% interest in five royalty-free claims covering the core portion and extending its option agreement for remaining claims by three years. The project, located near Minaurum's flagship Alamos silver project, has demonstrated significant historical drilling results, including intersections of 58m of 3.65 g/t Au and 7.60m of 7.97 g/t Au. The consolidated land package now totals 1,348 hectares, with Minaurum controlling over 95% of this high-grade gold district.

Minaurum Gold (TSXV: MGG, OTCQX: MMRGF) announced an agreement with Nevada Zinc to acquire a 25% interest and an option for 100% interest in the Lone Mountain CRD Project in Nevada, USA. The project has a historic inferred resource of 3.26 million tonnes grading 7.57% Zn and 0.70% Pb. Highlights include drill holes with up to 23.06% Zn. The 2019 PEA showed a 35% after-tax IRR and a pre-tax NPV of $56.4M using a zinc price of $1.13/lb. Minaurum will issue $1M in shares and pay $100,000 in cash to complete the acquisition. The project, comprising 1,850 hectares, includes the historical Mountain View Mine. Minaurum plans to advance the project through further drilling and geology work.