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Minaurum Updates Promontorio Mine Rehabilitation Progress at the Alamos Silver Project; Sampling Returns 3,320 g/t Ag, 54.7 g/t Au, 25% Cu, 6.5% Pb, and 1.1% Zn
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2022) - Minaurum Gold, Inc (TSXV: ...
About this update from Minaurum Silver Inc.
[{"type":"text","content":"Minaurum Updates Promontorio Mine Rehabilitation Progress at the Alamos Silver Project; Sampling Returns 3,320 g/t Ag, 54.7 g/t Au, 25% Cu, 6.5% Pb, and 1.1% ZnVancouver, British Columbia--(Newsfile Corp. - November 15, 2022) - Minaurum Gold, Inc (TSXV: MGG) (OTCQX: MMRGF) (\"Minaurum\") is pleased to provide an update on the underground rehabilitation work at the historical Promontorio mine, located in its flagship 100%-owned Alamos silver project in Sonora, Mexico. Minaurum has successfully accessed and is dewatering the main haulage level along with clearing crosscuts in the El Tirito area of the mine. This led to the discovery of several historical underground drill collars, confirming historical reports from the 1960s. Five service holes were drilled to provide air, water, and electricity to facilitate underground rehabilitation efforts. Three of the service holes intercepted the Promontorio vein at its highest levels returning high-grade base metal mineralization including 5.8 m of 98 g/t Ag, 3.6% Pb, and 7.9% Zn.Sampling and mapping of dumps at Promontorio revealed a boulder of massive sulfide vein assaying 3,320 g/t Ag, 54.7 g/t Au, 25% Cu, 6.5% Pb, and 1.1% Zn. The boulder, measuring roughly a meter across, is an indication of the type of grades exploited by early miners at Promontorio. \"Confirming the location of the 1960s drill collars and finding discarded high-grade vein material were welcome bonuses to regaining underground access for mapping and sampling,\" stated Darrell Rader, Minaurum Gold President and CEO. \"Getting underground where no one has been for decades allows us to improve our geological understanding of the silver shoots in the district and provides the ability to commence underground drilling.\" Promontorio RehabilitationThe workings are in good condition. Rehabilitation and exploration work efforts are focusing first in the El Tirito shaft area, which lies approximately 300 m from the Promontorio adit entrance. Crews are clearing and stabilizing cross cuts and stopes, including access to the internal shaft. Activities completed include timbering and shoring up the adit entrance, preparing a staging area outside the adit entrance, cleaning out and stabilizing the adit, and draining water from the main haulage level. Approximately 200 tonnes of ballast and 50 tonnes of backfill have been remov...