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Minaurum Identifies Two New Vein Systems, Samples up to 3,120 g/t Silver and 14.7 g/t Gold at La Quintera
Vancouver, British Columbia--(Newsfile Corp. - March 16, 2017) - Minaurum Gold, Inc. (TSXV: MG...
About this update from Minaurum Silver Inc.
[{"type":"text","content":"\nMinaurum Identifies Two New Vein Systems, Samples up to 3,120 g/t Silver and 14.7 g/t Gold at La QuinteraVancouver, British Columbia--(Newsfile Corp. - March 16, 2017) - Minaurum Gold, Inc. (TSXV: MGG) (\"Minaurum\") is pleased to announce that it has identified two new vein targets, Amalia and Nueva Europa, at its La Quintera project in southern Sonora State. Rock sampling from quartz veins at Nueva Europa has returned values up to 2,500 g/t Ag and 3,120 g/t Ag. The Nueva Europa vein zone lies 500m west of the historic high-grade Quintera — Promontorio vein zone and roughly parallel to it. It has recently been traced by Minaurum geologists for more than 1,500 m along strike. Samples from the Amalia vein target have yielded values up to 14.7 g/t Au and 346 g/t Ag. The vein hosting the Amalia target has now been traced for 500m along strike. These targets are in addition to the four targets described in Minaurum's news releases of November and December of 2016. \"We are excited by the results of the first systematic exploration program carried out at La Quintera. Most of the estimated 200 Moz of silver produced on the project came from the La Quintera-Promontorio vein zone, a fault-bounded up-thrown block. It appears that the Nueva Europa and Amalia vein zones could have been down dropped by post mineral faulting giving them the potential to host new silver shoots. We plan to test these new targets along with those previously disclosed in the near future,\" stated Darrell Rader, President and CEO of Minaurum Gold. Amalia Target:The Amalia, Chinita, and Panchita prospects lie along a prominent NNE-SSW topographic linear about 450 m east of the Promontorio-La Quintera vein zone (Figure 1). Quartz veins occupy a north-northeast-striking fault zone in andesite over a strike length of 500 m and dip 75 degrees to the southeast. Additional sampling and mapping are underway in the Amalia area. Sample highlights include:Table 1. Highlights of recent and historical sampling at the Amalia Target.SampleCompanySample typeWidth (m)Ag g/tAu g/tCu %Pb %Zn %101748MinaurumMine Dump 2560.072.141.150.90925901MinaurumMine Dump 24914.71.001.311.961120639HistoricalMine Dump3.03461.300.861.441.941120640HistoricalMine Dump3.02824.131.552.771.931120693HistoricalOutcrop Chip2.041.21.030.301.741.55 Las Europas Targets:The Las Europas target co...