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Minaurum Gold Inc.
Summary
| Project: | Alamos | |
|---|---|---|
| Deposit: | Alamos | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 8/22/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-8-2019: Minaurum Gold Inc. announces an Exploration/Drilling Update report for its Alamos deposit at the Alamos project. Drilling results incl. 10.85m @ 154g/t Ag, 986ppb Au, 0.52% Cu, 2.68% Pb, 4.42% Zn from 463.25m. Minaurum Gold Inc., (“Minaurum”) i | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Stephen R. Maynard (Internal) | |
| ABSTRACT: | Minaurum Gold Inc., (“Minaurum”) is pleased to announce further results from its ongoing first stage drill program at its Alamos Silver project in Sonora, Mexico. Over twenty vein systems have been identified at Alamos and with these latest results Minaurum has now tested 14 of these known systems. The initial focus has been on drilling several holes into each vein to determine the extent of the district and to generate a prioritized inventory for subsequent systematic drilling. Several holes were dedicated to finding wide zones within the major known veins. Two rigs are currently active. “Our systematic approach to determining the extent of the Alamos District continues to be validated by drilling silver mineralization in newly recognized veins outside of the historical mining areas. We now have high-grade silver intercepts in 10 of the 14 vein systems drilled to date,” stated Darrell Rader, President and CEO of Minaurum Gold. “We still have six more veins that need to be tested before we begin follow-up drilling that will target the veins that have the potential to host volumes of high-grade mineralization similar to that of the historic Quintera and Promontorio mines.” | |
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