- Minaurum Gold (MGG) has vested 100 per cent ownership in its flagship Alamos Silver Project
- The 379.2 sq. km. district encompasses the historical 200-million-ounce Alamos mining district and the 26 separate high-grade silver epithermal veins discovered and explored by Minaurum
- Minaurum has completed all work commitments and option payments. It made a final payment of C$300,000 cash and 443,628 shares
- Minaurum Gold Inc. (MGG) was down in 2.50 per cent, trading at $0.195 at 09:35 am ET
Minaurum Gold (MGG) has vested 100 per cent ownership in its flagship Alamos Silver Project in Sonora, Mexico.
The company has fully satisfied all obligations of its option agreement.
The 379.2 sq. km. district encompasses the historical 200-million-ounce Alamos mining district and the 26 separate high-grade silver epithermal veins discovered and explored by Minaurum.
Minaurum has completed all work commitments and option payments. It made a final payment of C$300,000 cash and 443,628 shares.
Minaurum Gold’s President and CEO, Darrell Rader called taking full ownership of the entire Alamos district a major milestone for the company.
“We would like to thank the property vendors for all of their efforts in advancing permitting and community relations efforts at Alamos. We look forward to their continued involvement as we explore and develop Alamos into a Tier 1 silver asset.”
Minaurum Gold (MGG) is a regional explorer focusing on exploration and development of high-grade gold and silver projects in the Southern Sonora State, Oaxaca-Chiapas region, and Guerrero Gold Belt. It holds interest in Taviche Project, Alamos (Quintera) Project, Santa Marta Project, Vuelcos del Destino Property, Adelita Property, and Aurena Property.
Minaurum Gold Inc. (MGG) was down in 2.50 per cent, trading at $0.195 at 09:35 am ET.
