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Minaurum Discovers 3 km-Long Vein at Alamos Returning up to 1995 g/t Silver and 2.46% Copper; Provides Drilling Update
Vancouver, British Columbia--(Newsfile Corp. - November 5, 2018) - Minaurum Gold, Inc. (TSXV: ...
About this update from Minaurum Silver Inc.
[{"type":"text","content":"Minaurum Discovers 3 km-Long Vein at Alamos Returning up to 1995 g/t Silver and 2.46% Copper; Provides Drilling UpdateVancouver, British Columbia--(Newsfile Corp. - November 5, 2018) - Minaurum Gold, Inc. (TSXV: MGG) (\"Minaurum\") is pleased to announce the discovery of two new vein zones, the San Jose and the Santa Rosa, through its ongoing district-scale reconnaissance program. San José returned assays ranging from anomalous up to 1995 g/t Ag, 2.46% Cu and 1.93% Pb and along with Santa Rosa lies in the western portion of the recently acquired Claraboya concession. (see News Release dated October 23, 2018) \"San José represents one of the largest and highest-grade new vein zones we've found at Alamos, with grades and widths that bode well for the potential at depth and along strike. We expect to test this new target in our current drill program.\" stated Darrell Rader, President and CEO of Minaurum.Drill Program Update:In addition to its ongoing surface reconnaissance program, Minaurum is the midst of a minimum 5,000 m drill program at Alamos, employing one man-portable drill rig. The holes planned and drilled to date are up to 900m long, drilled at shallow-angles to maximize the possibility of encountering high angle vein zones, including veins with little or no surface expression (blind veins). Holes have been averaging three to four weeks to complete; Heavy rains in September delayed drilling on numerous occasions. Minaurum anticipates having its first batch of results ready for release within the next 6-8 weeks. San José VeinThe 3 km-long NNE-striking, steeply SE-dipping San José vein zone is hosted in a fault zone with displacements similar to those seen in the Europa-Guadalupe vein and the historically productive La Quintera-Promontorio vein. The fault zone appears to be the western bounding fault of a complex horst-and-graben system that controls the emplacement of mineralized veins. Host rocks include limestone, granodiorite and andesites. The fault zone measures 10-20 meters in width and contains several individual 1-2 m veins within it. (Table 1, Figure 2). Historic exploration workings are present at San José but do not appear to have been developed for more than a few tens of meters from surface.Santa Rosa VeinThe Santa Rosa vein zone is marked by stringer-quartz veinlets with visible Cu-ox...