Minaurum Gold Inc. Discovers High-Grade Veins at Promontorio-Alamos Silver Project
Minaurum Gold Inc., a materials company specializing in gold and copper exploration in Mexico, has made a significant discovery at its Promontorio-Alamos Silver Project. The company, listed on the TSX Venture Exchange, announced on May 22, 2025, that it has identified a stacked vein system with high-grade silver equivalent results.
Through recent drilling and modeling efforts, Minaurum has uncovered four substantial vein structures at the Promontorio vein zone. These veins are roughly parallel to each other and have yielded impressive results:
- 10.20 meters of 453 g/t AgEq in Hole AL24-120
- 8.60 meters of 321 g/t AgEq in Hole AL24-120
- 11.60 meters of 218 g/t AgEq in Hole AL24-122
- 4.50 meters of 300 g/t AgEq in Hole AL24-123
- 0.65 meters of 958 g/t AgEq in Hole AL24-125
Darrell Rader, President and CEO of Minaurum Gold, expressed excitement over the discovery, highlighting the potential for similar stacked mineralization at other primary targets. This development could significantly enhance the project’s value and prospects.
As of May 20, 2025, Minaurum Gold’s close price was CAD 0.165, with a market capitalization of CAD 61,370,000. The company’s 52-week high was CAD 0.3 on October 21, 2024, and its 52-week low was CAD 0.13 on April 3, 2025. Despite a negative price-to-earnings ratio of -13.14, the recent discovery may positively impact investor sentiment and the company’s future performance.