Business
Minaurum Discovers Extension of Historic Promontorio-Quintera Vein
Vancouver, British Columbia--(Newsfile Corp. - July 17, 2018) - Minaurum Gold Inc. (TSXV: MGG)...
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[{"type":"text","content":"Minaurum Discovers Extension of Historic Promontorio-Quintera VeinVancouver, British Columbia--(Newsfile Corp. - July 17, 2018) - Minaurum Gold Inc. (TSXV: MGG) (OTC: MMRGF) (\"Minaurum\") is pleased to announce that it has discovered extensions of the historic Promontorio-Quintera Vein and the Nueva Europa Vein at the Alamos Silver Project in Sonora, Mexico. The Promontorio-Quintera extension, named \"Promontorio Sur,\" extends for 1 km and is cut-off and down-dropped by a northwest-trending fault from the historic vein that produced in excess of 120M oz silver. The Nueva Europa extension, known as \"Nueva Europa Sur,\" was mapped for over 600m. The Nueva Europa vein was drilled 1.5 km north of the extension in Hole AL17-007, which intersected 1.2 m of 541 g/t Ag and 0.28% Cu (see Minaurum News Release dated January 18, 2018).\"We are excited to have discovered what appears to be the southern extension of the historic Promontorio-Quintera vein. This significant vein is abruptly cut-off by a fault while still in high-grade mineralization. The extension has the potential to host virgin mineralization at depth and at grades similar to those that were historically mined,\" stated Darrell Rader, President and CEO of Minaurum. PROMONTORIO SUR VEINMapping has indicated that the southern end of the Promontorio-Quintera vein is cut off by a NW-trending fault that separated the 1 km long Promontorio Sur from the historic vein, as well as dropping it down on the SW side of the fault. The N-NE-striking, steeply NW-dipping Promontorio Sur cuts andesitic agglomerate and consists of quartz/carbonate/barite veins and breccia-fill up to 1.5 m wide. No significant workings occur on the vein extension and the highest assay from surface sampling returned 181 g/t Ag and 1.06% Cu over 1.1m. NUEVA EUROPA SUR VEINThe NE-striking, steeply E-dipping Nueva Europa vein was extended to the southwest another 600 m by recent mapping and sampling (Table 1; Figures 1, 2 and 3). With the new extension, the entire Nueva Europa vein measures 2 km in length. A 0.8 m long chip sample on the Nueva Europa Sur vein zone assayed 52 g/t Ag and 0.54% Cu, and a sample from a prospect dump ran 91 g/t Ag and 1.00% Cu (Table 1; Figures 1, 2, and 3). For comparison purposes, Hole AL17-007, which intersected 1.2 m of 541 g/t Ag and 0.28% Cu, was drilled approximately 150 m dow...