Minaurum releases initial resource for Alamos silver project in Mexico

Minaurum Silver (TSXV:MGG) announced Wednesday it has completed its first mineral resource estimate (MRE) at its 100%-owned Alamos silver project in Sonora, Mexico.

The MRE encompasses portions of the Promontorio, Travesia and Europa zones — three of the 26 vein zones identified on the property to date — based on a database of 104 drill holes and over 10,000 samples.

The resource, all in the inferred category, amounted to 5.37 million tonnes grading 202 g/t silver, 0.21 g/t gold, 0.43% copper, 0.97% lead and 2.01% zinc, or 320 g/t in silver equivalent. The contained metals are 34.8 million oz. of silver, 35,640 oz. of gold, 51 million lb. of copper, 115 million lb. of lead and 238 million lb. of zinc, or 55.2 million oz. of silver equivalent.

According to Minaurum, the resource is open along strike and at depth, with “significant potential for expansion” through the ongoing Phase II drill program.

Sensitivity analysis further indicates that the resource remains resilient at higher cut-off grades than 150 g/t AgEq, emphasizing the high-grade nature of the mineralization, the Canadian junior miner added.

“Our inferred resource estimate of 55 million ounces of AgEq, defined across portions of just three of the 26 identified vein zones at Alamos, represents a major milestone for Minaurum,” president and CEO Darrell Rader said in a news release.

“The estimate establishes Alamos as a high-grade silver district with a rare combination of grade and width, with each of the vein zones included remaining open for expansion,” Rader added. ‘Our next step is to aggressively grow the resource through the ongoing Phase II 50,000-metre resource expansion drilling program.”

Minaurum said it intends to provide an updated resource estimate in the second half of 2026.