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Minaurum Commences Phase II Drilling at Alamos Silver Project
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2020) - Minaurum Gold, Inc. ( TSXV: MG...
About this update from Minaurum Silver Inc.
[{"type":"text","content":"Minaurum Commences Phase II Drilling at Alamos Silver ProjectVancouver, British Columbia--(Newsfile Corp. - July 15, 2020) - Minaurum Gold, Inc. (TSXV: MGG) (\"Minaurum\") announces the commencement of a minimum 20,000-metre Phase II drilling program at its Alamos Silver project in Sonora, Mexico. Phase II involves systematically stepping out from discoveries made during Phase I drilling beginning with two drill rigs. One drill will offset the Europa-Guadalupe discovery hole (AL17-007) which returned 8.25 m grading 1,760 g/t silver (see News Release dated 18 January 2018). The other drill will test targets at Promontorio, both along the vein trend and beneath the Promontorio Mine where recently acquired historical data revealed holes that returned up to 12.2 m grading 710 g/t silver (see News Release dated February 6th, 2020). \"We are excited to begin stepping out from our numerous Phase I Drilling discoveries. Phase I confirmed our geological model, proved that Alamos is a silver district and generated a significant inventory of high-grade vein targets for Phase II drilling,\" stated Darrell Rader, President and CEO of Minaurum. \"We'll focus first on Europa-Guadalupe and Promontorio as well as the Nueva Europa vein that lies between them. With multiple rigs drilling 75 to 150 m step-outs, we anticipate a considerable amount of news flow over the next 12-18 months.\"Covid-19 ProtocolsMinaurum has set up a system of protocols approved by the Mexican federal, state, and local health authorities to minimize physical contact with surrounding communities and ensure the health and safety of its employees, contractors, families, and local communities. The Phase II program is being conducted from a camp isolated from the community. Personnel will continue to be tested for the presence of the coronavirus and monitored for symptoms on an ongoing basis. Phase II DrillingTo prioritize Phase II drilling, Minaurum's technical team divided Alamos' vein inventory into 3 tiers based on Phase I drilling, recently acquired historical drill information, and surface geological information such as host rocks and structural flexures (Figure 1). Phase II will start with Tier 1 targets, most notably the Europa-Guadalupe vein zone and the Promontorio zone (Table 1, Figure 1, 2, 3, 4, and 5). Tier 2 and Tier 3 vein zones will see drilling later in the p...