Past drilling at the Alamos silver project in Mexico
(Source: Minaurum Gold)
  • Minaurum Gold’s (TSXV:MGG) latest drilling results from its 37,928-hectare Alamos silver project in Sonora, Mexico, continue to substantiate a potentially robust silver resource
  • Intercepts reach as high as 13,995 grams per ton of silver equivalent
  • Minaurum is an Americas-focused explorer and developer advancing a portfolio of district-scale projects in Mexico
  • Minaurum Gold stock has added 12.5 per cent year-over-year but remains down by 54.08 per cent since 2020

Minaurum Gold’s (TSXV:MGG) latest drilling results from its 37,928-hectare Alamos silver project in Sonora, Mexico, continue to substantiate a potentially robust silver resource.

The program, targeting the Promontorio vein zone, yielded highlights of:

  • 3 metres (m) of 4,173 grams per ton (g/t) of silver equivalent in AL24-111, including 1.55 m of 7,780 silver equivalent, including 0.50 m of 13,995 g/t silver equivalent and 1.05 m of 4,839 g/t silver equivalent.
  • 6.35 m of 380 g/t silver equivalent in AL24-110.
  • 5.75 m of 189 g/t silver equivalent in AL24-112.

Promontorio offers 1 km of strike consisting of multiple veins including the Veta Grande, Veta del 100 and Veta Las Guijas. The zone, along with the Europa vein zone, is a high-priority target to establish Alamos’ maiden resource.

The news follows assays for the first five drillholes of the campaign announced in September, yielding up to 0.70 m of 2,976 g/t silver equivalent.

Here’s a full set of results from Thursday’s news release:

(Source: Minaurum Gold)

Leadership insights

“These results, which underscore the significant potential of the Alamos project, highlight the consistent high-grade silver mineralization drilled over impressive widths along the 1 km strike length of the Promontorio vein zone,” Darrell Rader, president and chief executive officer of Minaurum Gold, said in a statement. “Now that considerable assay lab delays have been resolved, we look forward to releasing additional results from Promontorio, including the Tirito area, which returned the headline 3 m of 3,152 g/t silver intercept.”

About Minaurum Gold

Minaurum is an Americas-focused explorer and developer advancing its flagship high-grade, production-permitted and 100-per-cent owned Alamos silver project in Sonora, Mexico, in addition to a portfolio of district-scale projects in Mexico.

Minaurum Gold stock (TSXV:MGG) opened with a gain of 7.14 per cent trading at C$0.22 per share. The stock has added 12.5 per cent year-over-year but remains down by 54.08 per cent since 2020.

Join the discussion: Find out what everybody’s saying about this gold, silver, copper, lead and zinc stock on the Minaurum Gold Inc. Bullboard and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top photo of past drilling at the Alamos silver project in Mexico: Minaurum Gold)


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