Welcome to our dedicated page for Minaurum Silver news (Ticker: MMRGF), a resource for investors and traders seeking the latest updates and insights on Minaurum Silver stock.
Minaurum Silver Inc. (MMRGF) generates frequent news flow as an Americas-focused explorer centered on the high-grade, 100% owned, production-permitted Alamos Silver Project in southern Sonora, Mexico. Company announcements highlight drilling progress, technical results, corporate developments, and financing activities related to its silver and base metal exploration portfolio.
Recent news releases describe the completion of a Phase I infill maiden resource drill program at Alamos and the launch of a multi-stage Phase II resource expansion drill program. These updates include detailed silver-equivalent intercepts from key vein zones such as Promontorio, Europa, Travesia, and Promontorio Sur, along with maps and sections illustrating vein geometries and drill targeting. The company also reports on additional targets at historic mines and newer discoveries within the broader Alamos project area.
Beyond technical drill results, Minaurum’s news covers corporate and strategic developments. Examples include the name change from Minaurum Gold Inc. to Minaurum Silver Inc., private placement financings intended to fund exploration and drilling at Alamos, and the appointment of experienced resource development and operating personnel with backgrounds in major Mexican silver-gold deposits. The company also announces marketing and communications agreements and updates on its royalty interest in the Adelita Project.
Investors and observers can use the MMRGF news feed to follow ongoing drill campaigns, resource-definition milestones, project-level transactions, and corporate initiatives that shape Minaurum’s exploration trajectory. Regular news items provide insight into how the company is advancing its flagship Alamos Silver Project and managing its broader portfolio of precious and base metal assets in the Americas.
Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) (FSE: 78M) reported high-grade silver intercepts from the initial 5 holes of its 2024 drill program at the Alamos Silver Project in Sonora, Mexico. Key highlights include:
- Hole AL24-105: 0.70m of 2,976 g/t AgEq
- Hole AL24-107: 5.60m of 368 g/t AgEq and 2.55m of 621 g/t AgEq
- Hole AL24-108: 8.45m of 336 g/t AgEq
The 1 km-long Promontorio vein zone, which hosts multiple veins including Veta Grande and Veta del 100, showed strong mineral continuity. The 2024 program aims to establish an initial mineral resource with infill and step-out drilling. Promontorio Sur will be the next target.
Minaurum Gold has launched an 8,000-meter drill program at its 100%-owned Alamos silver project in Sonora, Mexico. The drilling focuses on three key silver veins: Europa, Promontorio, and Promontorio Sur. The company aims to establish an initial inferred mineral resource by the end of 2024. Minaurum has already drilled 42,317 meters in 106 holes across 19 veins, with significant prior results include 8.25m grading 1,760 g/t Ag at Europa and 20.2m grading 154 g/t Ag at Promontorio. The program also includes step-out and infill drilling to extend known mineralization. Future plans include further resource-expansion drilling in 2025. Minaurum's goal is to develop Alamos into a Tier-One silver asset. The drill program aligns with their strategy to de-risk the project through simultaneous exploration and permitting.
Minaurum Gold has secured a favorable injunction for its Alamos silver project from the Mexican Federal Administrative Court, protecting the project from the 2023 Mining Law Reform. This decision ensures that the Alamos project remains governed by the 1992 Mexican Mining Law, avoiding the uncertainties of the new reforms. The company is awaiting further court correspondence regarding its other Mexican projects. This ruling stabilizes Minaurum's flagship project, which is key for their portfolio that includes significant silver, gold, and copper assets across Mexico.
Minaurum Gold has engaged Independent Mining Consultants Inc. (IMC) to create an initial mineral resource estimate for its Alamos silver project in Sonora, Mexico. The estimate will focus on the Europa and Promontorio silver veins and is expected to be completed in Q4 2024. IMC will begin work on-site in July 2024. Minaurum's technical team anticipates that this will enhance their understanding of the mineralized envelope and geology of the underexplored Alamos district. IMC brings significant experience from various projects in Mexico and globally, ensuring a thorough and reliable assessment.
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