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Minaurum Accesses 600 m of Promontorio Mine at Alamos Silver Project; Sampling Returns 308 g/t Silver and 5.7 g/t Gold
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2023) - Minaurum Gold Inc. (TSXV: MGG) (O...
About this update from Minaurum Silver Inc.
[{"type":"text","content":"Minaurum Accesses 600 m of Promontorio Mine at Alamos Silver Project; Sampling Returns 308 g/t Silver and 5.7 g/t GoldVancouver, British Columbia--(Newsfile Corp. - March 2, 2023) - Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) (\"Minaurum\") is pleased to provide an update on the underground rehabilitation work at the historical Promontorio mine, located in its flagship 100% owned Alamos silver project in Sonora, Mexico. Minaurum has successfully accessed the first 600 m of the main haulage level. Backfill material was removed and sampled returning grades ranging from anomalous to 308 g/t silver, 5.7 g/t gold, 1.57% copper, 3.91% lead and 8.19% zinc.\"Our underground rehabilitation has now accessed 600 metres of an estimated 1.2 kilometres of workings,\" stated Darrell Rader, President and CEO. \"Having full access to the workings will enable us to evaluate areas of known high-grade silver mineralization in addition to locating additional unmined areas of mineralization. Once our rehabilitation efforts are complete, we will commence detailed underground channel sampling leading to an underground drill program.\"Promontorio Rehabilitation ProgressAccess within the main haulage level has reached a short distance beyond the hoist room of the internal Balvanera shaft (Figure 1). The workings continue to be in good and stable condition. Backfill material continues to be removed and stockpiled outside the mine entrance for future processing (see Minaurum news release dated November 15, 2022). Several samples were taken returning high-grade silver, gold, and base metals (see Table 1 for sampling results). Ongoing efforts are focused on completing the following tasks:Promontorio Underground Work RehabilitationPrepare shafts for rehabilitationDewater internal shaftsMobilize crews to lower levelsSamplingChannel sample vein, foot and hanging wallInput results into 3D geological modelGenerate underground drill targetsA considerable amount of mineralized backfill material lies in the El Tirito workings, in part blocking access to mine workings as well as to the 50-m deep internal El Tirito shaft. Once the loose material is completely removed and stockpiled, crews will begin dewatering the El Tirito shaft. Crews will then begin clearing and stabilizing the Balvanera area, including the dewatering of lower mine levels.Figure 1. Plan view...