202614 releases
Minaurum Discovers Blind Silver Vein Grading 669 g/t AgEq Over 2.05 Metres, Highlighting Potential for Additional Blind Veins of Scale; Resource Expansion Drilling Returns 367 g/t AgEq Over 2.65 Metres at Europa Sur at the Alamos Silver Project
Minaurum Silver reports the discovery of the Africa vein zone, a previously unrecognized blind vein at its Alamos Silver Project in Sonora, Mexico, with hole AL26-268 returning 669 g/t AgEq over 2.05 metres. Resource-expansion drilling also returned 367 g/t AgEq over 2.65 metres at Europa Sur, part of the ongoing Phase II, 50,000-metre program.
Drill resultsMinaurum Resource Step-Out Drilling Returns: 3.40 m of 397 g/t AgEq at Europa Sur, 1.90 m of 323 g/t AgEq at Quintera, and 0.90 m of 1469 g/t AgEq at San Jose in Alamos Silver Project
Drill results from the Phase II 50,000-metre resource-expansion program at the Alamos Silver Project in Sonora, Mexico included 3.40 m of 397 g/t AgEq at Europa Sur (hole AL26-246, with 0.30 m of 1,433 g/t AgEq), 1.90 m of 323 g/t AgEq at Travesia (AL26-243), 0.50 m of 1,559 g/t AgEq at Quintera (AL26-250), and 0.90 m of 1,469 g/t AgEq at San Jose (AL26-249), including 0.50 m of 2,425 g/t AgEq. First step-out drilling at Promontorio Sur returned 0.45 m of 386 g/t AgEq; Quintera and Europa Sur, excluded from the initial resource, will be included in the update.
Drill resultsMinaurum Advances Underground Rehabilitation and Exploration at the Historic Promontorio Mine
Underground rehabilitation at the historic Promontorio mine, part of the Alamos Silver Project in Sonora, Mexico, has secured access to the first 600 m of the haulage level and the 55 m-deep Balvanera shaft, with a marine ladder installed to 45 m. Preliminary channel sampling returned 0.30 m of 4,142 g/t AgEq (3,860 g/t Ag, 0.42 g/t Au, 1.91% Cu, 1.58% Pb, 2.21% Zn) and 0.50 m of 704 g/t AgEq. The Promontorio vein zone holds 28.6 Moz AgEq of Alamos' 55.2 Moz AgEq inferred resource.
CorporateMinaurum Announces Appointments of Operations Manager at the Alamos Silver Project and Senior Mine Engineer to the Advisory Board
Fernando Robles Noriega has been engaged as Operations Manager of the production-permitted Alamos Silver Project in Sonora, Mexico, and Nicolas Figueroa Tapia has been appointed to the Advisory Board. Robles brings 22 years of Mexican mining experience, including Mine Superintendent at SilverCrest's Las Chispas; Figueroa has over 51 years of experience, including 40 years with Industrias Peñoles. Minaurum granted 385,000 options at $0.40 for five years, and 1,315,000 RSUs vesting two years from grant.
ManagementMinaurum Significantly Expands Quintera Vein Zone with 26 m of 369 g/t AgEq and Europa Sur Returns 3.4 m of 589 g/t AgEq
Drilling at the Alamos Silver Project in Sonora, Mexico returned 26.30 m of 369 g/t AgEq (306 g/t Ag, 0.03 g/t Au, 0.37% Cu, 0.73% Pb, 0.61% Zn) in the Quintera vein in hole AL26-230, including 0.30 m of 2,418 g/t AgEq. Hole AL26-224 at Europa Sur cut 3.40 m of 589 g/t AgEq (475 g/t Ag, 0.17 g/t Au, 0.53% Cu, 0.79% Pb, 1.59% Zn). San Jose hole AL26-220 returned 4.75 m of 81 g/t AgEq. Results form part of a Phase II 50,000-metre resource-expansion program.
Drill resultsMinaurum Engages Dr. Paula Montoya and Launches Down-Hole Imagery Program to Enhance Geological Modeling of the Alamos Silver Project
Dr. Paula Montoya, Research Fellow in Economic Geology at the University of Tasmania's CODES, has been engaged to conduct a district-scale geological study of the Alamos Silver Project in Sonora, Mexico, integrating lithogeochemical, petrographic, fluid inclusion and geochronological data. Minaurum also contracted PROINFRA Sistemas e Ingeniería of Hermosillo to run a gyroscopically oriented down-hole optical televiewer survey on about 20 drill holes totalling 7,000 metres, focused on the Europa, La Quintera and Travesia vein zones.
ManagementMinaurum Engages SGS to Complete Mineral Resource Update on the Alamos Silver Project
SGS Metallurgy and Consulting Geological Services has been engaged to update the mineral resource estimate at the Alamos Silver Project in Sonora, Mexico, with completion expected later in 2026. The January 2026 inaugural estimate was 5.37 million tonnes containing 55.2 million ounces of silver equivalent grading 320 g/t AgEq, or 202 g/t silver, 0.21 g/t gold, 0.43% copper, 0.97% lead and 2.01% zinc. The update will incorporate results from the 50,000-metre, six-rig drill campaign launched in December 2025, including the Europa Sur, Quintera and San Jose zones.
Resource updateMinaurum Extends High-Grade Quintera Vein at Depth with 5.95 m of 1,117 g/t Silver Equivalent; Europa Sur Returns 3.65 m of 888 g/t AgEq
Drilling at the Alamos Silver Project in Sonora, Mexico returned 5.95 m of 1,117 g/t AgEq (953 g/t Ag, 0.04 g/t Au, 1.21% Cu, 1.58% Pb, 0.41% Zn), including 2.40 m of 2,557 g/t AgEq, in hole AL26-215 at the Quintera vein, about 100 m below holes AL26-180 and AL26-188. At Europa Sur, hole AL26-207 cut 3.65 m of 888 g/t AgEq and hole AL26-209 cut 0.30 m of 1,699 g/t AgEq. San Jose hole AL26-200 returned 8.5 m of 111 g/t AgEq. Results form part of a Phase II 50,000-metre program.
Drill resultsMinaurum Drills High-Grade Silver on the Europa Sur Vein Zone at the Alamos Silver Project: 3.20 m of 882 g/t AgEq and 6.20 m of 374 g/t AgEq
Drilling at the Europa Sur, Travesia, Quintera and San Jose vein zones at the Alamos Silver Project in Sonora, Mexico returned 3.20 m of 882 g/t AgEq, including 0.95 m of 2,423 g/t AgEq, and 6.20 m of 374 g/t AgEq, including 1.85 m of 655 g/t AgEq, in hole AL26-196. Other results included 1.95 m of 255 g/t AgEq (AL26-198), 0.90 m of 309 g/t AgEq, 0.95 m of 282 g/t AgEq, and 1.00 m of 211 g/t AgEq at San Jose. The work is part of a Phase II, 50,000-metre resource expansion program.
Drill resultsMinaurum Drills High-Grade Silver on the Quintera Vein Zone at the Alamos Silver Project: 5.30 m of 570 g/t Ag, including 2.50 m of 1,024 g/t Ag and 5.80 m of 581 g/t Ag
Drilling at the Quintera and Europa vein zones at the Alamos Silver Project in Sonora, Mexico returned 5.30 m of 570 g/t silver (633 g/t AgEq), including 2.50 m of 1,024 g/t silver, in hole AL26-180W, and 5.80 m of 581 g/t silver (658 g/t AgEq) in hole AL26-188. Europa Sur step-outs returned 1.10 m of 305 g/t Ag (hole AL26-185) and 2.35 m of 199 g/t Ag, including 0.60 m of 701 g/t Ag (hole AL26-186). Six rigs are operating under a 50,000-metre Phase II program, with a resource update expected in the second half of 2026; Quintera was not in the inaugural resource estimate.
Drill resultsMinaurum Files Technical Report on Alamos Silver Project
An independent NI 43-101 technical report and mineral resource estimate for the 100%-owned Alamos Silver Project in Sonora, Mexico has been filed on SEDAR+. The report, dated February 17, 2026 with an effective date of January 8, 2026, was prepared by Michael G. Hester, FAusIMM, of Independent Mining Consultants, Inc. and Lorne M. Warner, P. Geo., of Geocon Enterprises Inc. It follows February 10, 2026 resource-expansion drill results from the Europa, Promontorio and Travesia vein zones.
Study resultsMinaurum Accelerates Exploration at Alamos Silver Project; Expands to Six Drill Rigs and Reports Additional Results
Six drill rigs are now operating at the Alamos silver project in southern Sonora, Mexico, up from four, as part of a Phase II 50,000-metre resource expansion program. Step-out drilling at Europa returned 0.50 m of 524 g/t AgEq in hole AL25-172, 0.30 m of 1,032 g/t AgEq in AL25-174 and 1.40 m of 290 g/t AgEq in AL25-175, while Travesía-Quintera hole AL25-173 returned 2.55 m of 197 g/t AgEq, including 0.40 m at 567 g/t AgEq. An updated resource estimate is expected in the second half of 2026.
Drill resultsMinaurum Drills High-Grade Silver in 250 m Step-Out at Alamos Silver Project: 12.35 m of 408 g/t AgEq, including 3.20 m of 1,277 g/t AgEq
First holes of a Phase 2, 50,000-metre resource-expansion drill program at the Alamos Silver Project in Sonora, Mexico returned 12.35 m of 408 g/t AgEq, including 3.20 m of 1,277 g/t AgEq, in hole AL25-163, a 250 m step-out beyond the current inferred resource in the Europa Vein Zone. Other intercepts included 2.35 m of 374 g/t AgEq (AL25-153), 4.40 m of 154 g/t AgEq at Promontorio and 0.95 m of 148 g/t AgEq at Travesia. The company also corrected its December 11, 2025 private placement disclosure to 69,444,443 units, with insider participation of 191,223 units.
Drill resultsMinaurum Announces Initial Resource Estimate at Alamos Silver Project of 55 Million Ounces AgEq Grading 320 g/t AgEq
An initial Inferred Mineral Resource Estimate for the 100%-owned Alamos Silver Project in Sonora, Mexico totals 5.37 Mt grading 202 g/t silver, 0.21 g/t gold, 0.43% copper, 0.97% lead and 2.01% zinc, or 320 g/t silver equivalent, containing 34.8 Moz silver and 55.2 Moz AgEq at a 150 g/t AgEq cut-off, with an effective date of January 8, 2026. It covers portions of the Promontorio, Travesia and Europa zones, three of 26 identified vein zones, based on 104 drill holes totalling 35,888.15 metres. A 50,000-metre Phase II drill program is underway, with an updated estimate intended in the second half of 2026.
Resource update
202521 releases
Minaurum Announces Name Change to Minaurum Silver Inc.
A name change from Minaurum Gold Inc. to Minaurum Silver Inc. has been completed, approved by the board on November 19, 2025, with shares to begin trading under the new name on the TSXV at market open on December 22, 2025. Symbols remain MGG on the TSXV and MMRGF on the OTCQX; new CUSIP (60253E107) and ISIN (CA60253E1079) have been assigned and no shareholder action is required. The Company expects to release a maiden resource estimate on the Alamos Silver Project in Sonora, Mexico in the new year.
CorporateMinaurum Gold Inc. Announces Closing Of Brokered Private Placement For Gross Proceeds of C$25M, Including Exercise In Full Of Agents’ Option
A brokered private placement closed for gross proceeds of approximately C$25,000,000 through the issuance of 69,444,442 units at C$0.36 per unit, including full exercise of the agents' option. Each unit comprises one common share and one-half warrant exercisable at C$0.50 until December 11, 2027. Net proceeds will fund exploration and a phase II drill program at the Alamos silver project in southern Sonora, Mexico, property expenditures and general working capital. Insiders purchased an aggregate 191,222 units.
FinancingMinaurum Increases Phase 2 Resource Expansion Drill Program to 50,000 Meters at Alamos Silver Project
The Phase II resource-expansion drill program at the Alamos Silver Project in Sonora, Mexico will be increased from 25,000 metres to 50,000 metres, subject to closing of the Company's ongoing financing, with multiple rigs on site and 263 permitted drill pads. Drilling will target the Europa, Travesia, Quintera, Minas Nuevas, Promontorio Sur, Cotera, Pulpito and San Jose zones, supporting a maiden resource estimate expected in early 2026. Minaurum also granted 3,160,000 stock options at $0.36 for five years.
Drill resultsMinaurum Gold Inc. Announces C$10.0M Best Efforts Private Placement
A best efforts private placement for aggregate gross proceeds of up to approximately C$10 million has been agreed with Cormark Securities Inc. as lead agent, consisting of 27,778,000 units at C$0.36 per unit, each unit comprising one common share and one-half warrant exercisable at C$0.50 24 months after closing. The agents hold an option to raise up to approximately C$1,500,000 in additional gross proceeds. Proceeds will fund exploration and a phase II drill program at the Alamos silver project in Sonora, Mexico, property expenditures and working capital, with closing expected on or about December 11, 2025.
FinancingMinaurum Gold Inc. Announces Upsize In Best Efforts Private Placement To C$20.0M
The previously announced best efforts private placement has been upsized to up to C$20.0 million, consisting of 55,555,554 units at C$0.36 per unit, each unit comprising one common share and one-half warrant exercisable at C$0.50 on the date 24 months after closing. Cormark Securities and the agent syndicate hold an option for up to an additional 13,888,888 units for up to roughly C$5,000,000. Proceeds are earmarked for exploration and a phase II drill program at the Alamos silver project in Sonora, Mexico, property expenditures and working capital, with closing expected on or about December 11, 2025.
FinancingMinaurum Launches 25,000 Meter Phase 2 Resource Expansion Drill Program at Alamos Silver Project
A Phase I 10,000-metre infill maiden resource drill program at the Alamos Silver Project in Sonora, Mexico has been completed, with an inaugural resource estimate to follow receipt of remaining assays. A Phase II program of approximately 25,000 metres has begun, including step-outs at Europa and Travesia plus drilling at Quintera, Minas Nuevas, Promontorio Sur, Cotera, Pulpito and San Jose, with 263 drill pads permitted. Minaurum also extended marketing agreements with Capital Analytica ($120,000) and National Inflation Association (US$100,000).
Drill resultsMinaurum Drills More High-Grade Silver at Alamos Silver Project
Further 2025 resource-definition drill results from the Promontorio, Travesia and Europa vein zones at the Alamos Silver Project in Sonora, Mexico include 4.80 m of 287 g/t AgEq, including 0.50 m of 1,029 g/t AgEq (hole AL25-141); 1.10 m of 730 g/t AgEq and 3.08 m of 523 g/t AgEq (hole AL25-142); and 1.40 m of 410 g/t AgEq (hole AL25-148). Minaurum has completed 35 holes, with assays received for AL25-129 through AL25-149 and the remainder pending.
Drill resultsMinaurum Drills High-Grade Silver at Alamos including: 21.45 m of 220 g/t AgEq, 5.85 m of 476 g/t AgEq and 1.75 m of 845 g/t AgEq
Initial 2025 resource-definition drill results from the Promontorio, Europa and Travesia vein zones at the Alamos Silver Project in Sonora, Mexico include 21.45 m of 220 g/t AgEq, with 1.20 m of 1,377 g/t AgEq, in hole AL25-138; 5.85 m of 476 g/t AgEq, including 1.80 m of 1,339 g/t AgEq, in AL25-135; and 2.40 m of 499 g/t AgEq and 1.75 m of 845 g/t AgEq in AL25-139. Minaurum has completed 28 holes, with assays received for AL25-129 to AL25-140 and the remainder pending, to be incorporated into a maiden resource estimate.
Drill results
202412 releases
Minaurum Provides 2024 Exploration Outlook
Drill results