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Minaurum Gold Inc.
Summary
| Project: | Alamos | |
|---|---|---|
| Deposit: | Alamos | |
| Location: | Mexico | |
| Commodities: | Gold | |
| Date: | 11/3/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-11-2017: Minaurum Gold Inc. announces an Exploration/Drilling Update report for its Alamos deposit at the Alamos project. Drilling results incl. 20.15m @ 154.1g/t Ag, 234ppb Au, 0.5% Cu, 2.3% Pb, 6.8% Zn from 81.9m. Minaurum Gold, Inc. (“Minaurum”) is p | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Stephen R. Maynard (Internal) | |
| ABSTRACT: | Minaurum Gold, Inc. (“Minaurum”) is pleased to announce results from its first five holes drilled at the historic Alamos Silver Project in Sonora, Mexico. The holes successfully tested the Promontorio vein zone, the “Piano-Key” structural model, and the Minas Nuevas area targets. At Promontorio, Holes AL17-004 and AL17-005 discovered a new mineralized structure that returned highlights. Hole AL17-003 was drilled to the west of Promontorio to test Minaurum’s “piano-key” model of down-thrown blocks adjacent to the historic mining area. This hole intersected a blind brecciated vein from 185.5-186m that assayed 0.10% Cu and 0.29% Zn with anomalous silver. This proves the existence of blind veins in the down-dropped blocks. Subsequent drilling will vector toward stronger mineralization in these areas. At Minas Nuevas Hole AL17-001 cut 17.65 m grading 96 g/t Ag which both confirms Minaurum’s bulk tonnage concept and indicates significant potential both down-dip and along strike. “At this early stage in our program, Minaurum has demonstrated exploration success in each of the first three areas tested, discovering wide zones of mineralization and confirming the important concept of blind veins in “piano-key” structural blocks. Strong results such as 694 g/t AgEq* over 20 m support our theory that historic mining operations left behind substantial unexplored and unmined mineralization | |
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