Minaurum Announces High Grade Sampling Results at La Quintera; Commences Exploration Program
Vancouver, British Columbia--(Newsfile Corp. - September 27, 2016) - Minaurum Gold Inc. (TSXV: MGG) ("Minaurum") is pleased to announce the results of initial rock sampling and the commencement of an exploration program at its La Quintera Silver Project. Historical exploration work on the project included taking 334 rock samples of which 97 assayed 100-1,380 grams per tonne ("g/t") Silver ("Ag") and 106 returned values 30 - 100 g/t Ag. Minaurum's initial sampling confirmed the prior range of...
2016-09-27 10:32 AM EDT
Minaurum Options La Quintera Silver Project in the Sierra Madre Silver Belt
Vancouver, British Columbia--(Newsfile Corp. - September 13, 2016) - Minaurum Gold Inc. (TSXV: MGG) ("Minaurum") is pleased to announce that it has entered into an option agreement to earn a 100% interest in the La Quintera Silver Project ("Quintera") in the historic Alamos District in Sonora, Mexico from a private Mexican vendor. Quintera encompasses a number of wide, high-grade epithermal veins with significant historical production. The project has seen little modern exploration and has...
2016-09-13 9:20 AM EDT
Biricu Project Update
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2016) - Minaurum Gold Inc. (TSXV: MGG) ("Minaurum") is pleased to update its shareholders on developments at the Biricu Project located in the Guerrero Gold Belt. As previously disclosed on November 4 and December 4, 2015, Minaurum loaned Guerrero Ventures Inc. ("Guerrero") funds to explore Biricu. Guerrero has informed Minaurum that the required exploration expenditures and obligations of the underlying Biricu option agreement between...
2016-04-25 1:49 PM EDT
Drill Program Commences at Biricu Project in Guerrero Gold Belt
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2015) - Minaurum Gold Inc. (TSXV: MGG) ("Minaurum") is pleased to announce that Guerrero Ventures Inc. ("Guerrero") has commenced a 4,500m drill program at its Biricu project located in the Guerrero Gold Belt ("GGB"). The exploration work will be conducted by Minaurum, as a contractor to Guerrero except for drilling services. Guerrero plans to drill approximately 4,500 meters of core at the Hornfels Hill, Punto Rojo, and La Curva...
2015-12-04 8:30 AM EST
Minaurum Raises $2.5 Million
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2015) - Minaurum Gold Inc. (TSXV: MGG) ("Minaurum") is pleased to announce it has closed the first tranche of a non-brokered private placement raising $2,507,625. Minaurum has issued 50,152,500 common shares at a price of $0.05 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional common share of Minaurum for a period of three (3)...
2015-11-30 10:00 AM EST
Minaurum Gold Closes Final Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 18, 2015) - Minaurum Gold Inc. (TSXV: MGG) ("Minaurum") is pleased to announce that further to its News Release dated June 24, June 29, and August 11, 2015, it has completed a fourth tranche closing on $37,500. With its fourth tranche closed, Minaurum has now raised a total of $2,913,387. A finder's fee of 25,000 shares was paid in connection with the fourth tranche. The proceeds of the private placement will be used by Minaurum for a...
2015-09-18 7:15 PM EDT
Minaurum Regains Control of Santa Marta VMS Project
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2015) - Minaurum Gold Inc. (TSXV: MGG) ("Minaurum") is pleased to report it has regained control of the Santa Marta VMS copper-gold project in Oaxaca, Mexico from Lowell Copper Ltd. ("Lowell"). Due to current market conditions, Lowell elected to withdraw from its option which was initiated in December 2013 (see Minaurum Press Release dated December 20, 2013). Santa Marta is a copper-gold bearing volcanogenic massive sulfide system...
2015-09-09 9:11 PM EDT
Minaurum Gold Closes Third Tranche of Non Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 11, 2015) - Minaurum Gold Inc. (TSXV: MGG) ("Minaurum") is pleased to announce that further to its News Release dated June 24 and June 29, 2015, it has completed a third tranche closing on $237,137. With its third tranche closed, Minaurum has now raised a total of $2,875,887. A finder's fee of 140,000 shares and 41,340 broker warrants was paid in connection with the third tranche. The proceeds of the private placement will be used by...
2015-08-11 2:20 PM EDT
Minaurum Gold Closes Second Tranche of Non Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 29, 2015) - Minaurum Gold Inc. ("Minaurum") is pleased to announce that further to its News Release dated June 24 2015, it has completed a second tranche closing on $450,000. With its second tranche closed, Minaurum has now raised a total of $2,638,750. A finder's fee of 420,000 shares and 220,000 broker warrants was paid in connection with the second tranche. The proceeds of the private placement will be used by Minaurum for a drill program...
2015-06-29 4:30 PM EDT
Minaurum Gold Closes First Tranche of Non Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 24, 2015) - Minaurum Gold Inc. (TSXV: MGG) ("Minaurum") is pleased to announce that it has completed a first tranche close of its non-brokered private placement in the amount of $2,188,750. The proceeds of the private placement will be used by Minaurum for a drill program at the Vuelcos Del Destino Project located in the Guerrero Gold Belt as well as for working capital purposes. A total of 29,183,330 units were issued at a price of $0.075...
2015-06-24 5:55 PM EDT