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Minaurum Drills 8.25 m of 1,760 g/t (57 opt) Silver at Alamos Silver Project
Vancouver, British Columbia--(Newsfile Corp. - January 18, 2018) - Minaurum Gold, Inc. (TSXV: ...
About this update from Minaurum Silver Inc.
[{"type":"text","content":"Minaurum Drills 8.25 m of 1,760 g/t (57 opt) Silver at Alamos Silver ProjectVancouver, British Columbia--(Newsfile Corp. - January 18, 2018) - Minaurum Gold, Inc. (TSXV: MGG) (\"Minaurum\") is pleased to announce results from its on-going drill program in the historic Alamos Silver District in Sonora, Mexico (Fig. 1). Hole AL17-07, the first hole ever drilled into the Europa-Guadalupe Vein system, intersected 8.25 metres grading 1,760 g/t (57 opt) Silver, 1.6% Copper, 1.5% Lead, and 2.6% Zinc, including 2.2 metres grading 5,098 g/t (164 opt) Silver, 2.76% Copper, 0.5% Lead, and 1.18% Zinc. The vein was cut 325m below surface (Fig. 2) and its true width is estimated to be 90% of the intersection. Hole AL17-07 also cut two blind veins that have no surface exposure as well as the Nueva Europa vein (See Fig. 1), which returned 1.2m grading 542 g/t (17 opt) Silver. The Europa-Guadalupe vein system is located 1 kilometre west of the Promontorio-Quintera vein system which was the source of almost all of the historic production from the Alamos district. The narrow surface outcrop of the Europa-Guadalupe vein was prospected during Colonial times over more than 1.4 km but was never drill tested. \"We are excited by the grades and widths returned by Hole 7,\" stated Stephen Maynard, VP Exploration of Minaurum. \"As only the second hole ever drilled outside of the historic core of the district, it confirms our \"piano-key\" structural model and opens the door for drilling throughout the nearly untouched down-dropped blocks located on both sides of the up-thrown La Quintera-Promontorio block. With these results, we have now encountered significant mineralization in every target drilled in our initial drill program including; Minas Nuevas, Promontorio, Nueva Europa, Gap, and Europa-Guadalupe.\"\"Hole 7 emphatically confirms our model that at least some of the narrow veins lacing the down-dropped blocks flanking the historic production zone are high-level expressions of significant underlying vein mineralization,\" said Dr. Peter Megaw, Minaurum Director and Co-Founder. \"It is still early days, but this proves the Alamos District is bigger than previously conceived and now we have to focus broadly on stringer swarms throughout the district to determine just how much larger this system really is.\"Alamos District The Alamos District produced a...