Minaurum drills high-grade silver at Alamos project in Mexico

[Redator]

Alamos project area in Sonora, Mexico. Image from Minaurum Gold.

Minaurum Gold (TSXV:MGG) (OTCQX:MMRGF) announced Thursday the initial results of its 2025 resource-definition drill program targeting the Promontorio, Europa, and Travesia vein zones at its Alamos Silver project in Sonora, Mexico.   

Promontorio, along with the Europa vein zone, is one of the high-priority targets in which Minaurum said it will establish a maiden resource at Alamos.  The 1 km-long Promontorio vein zone consists of multiple veins including the Veta Grande and Veta Las Guijas veins. 

These vein zones returned numerous high-grade intersections including 5.85 m of 476 g/t silver equivalent (AgEq) including 1.80 m of 1,339 g/t AgEq; 21.45 m of 220 g/t AgEq including 1.00 m of 497 g/t AgEq and 1.20 m of 1,377 g/t AgEq 2.40 m of 499 g/t AgEq including 0.85 m of 981 g/t AgEq and 1.75 m of 845 g/t AgEq including 0.50 m of 1,366 g/t AgEq.  

 “Drilling at both Europa and Promontorio continues to confirm the continuation of strong, wide zones of high-grade silver mineralization at depth and along strike,” Minaurum CEO Darrell Rader said in a news release.  

 “At Promontorio, drilling intersected over 21 metres of robust carbonate replacement-style lead-zinc-silver mineralization,” Rader said. “These drill results along with those pending assays, will be incorporated into and will complete the data set for our upcoming maiden resource estimate.” 

 Drilling to date at Promontorio and Promontorio Sur show significant skarn/carbonate replacement mineralization hosted by limestone in the footwall of the vein zones, the company said, adding that Hole AL25-138 intersected a significant wide zone of skarn/CRD lead- and zinc-sulfide mineralization including silver and gold values: 21.45 m of 220 g/t AgEq including 1.00 m of 497 g/t AgEq and 1.20 m of 1,377 g/t AgEq (440 g/t Ag, 1.499 g/t Au, 9.089% Pb, 18.783% Zn). 

By market close in Toronto, Minaurum stock was trading down 6%. The company has a C$168.7 million ($120 million) market capitalization.