| Biricu Project Update | |
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Minaurum Gold Inc. ('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 Alamos Gold Inc. and Guerrero have been fulfilled. Results from the exploration work are pending.
Guerrero has submitted all required documentation to Alamos Gold Inc. to exercise its option to acquire a 100-per-cent interest in the project.
The Biricu Project comprises more than 41,000 hectares of highly prospective intrusive rock types identical to those seen in Goldcorp's neighbouring Los Filos Mine and Torex Gold's nearby El Limon deposit.
Steve Maynard, the Vice President Exploration of Minaurum and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved, but has not verified, the technical data in this release due to the technical data having been prepared by Guerrero.
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Minaurum Gold
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EXPLORATEUR |
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CODE : MGG.V |
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ISIN : CA60252Q1019 |
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Minaurum Gold est une société d’exploration minière d'or et d'argent basée au Canada. Ses principaux projets en exploration sont ADELITA, AURENA, VUELCOS DEL DISTINO et SANTA MARTA au Mexique. Minaurum Gold est cotée au Canada. Sa capitalisation boursière aujourd'hui est 47,5 millions CA$ (34,0 millions US$, 32,1 millions €). La valeur de son action a atteint son plus haut niveau récent le 12 mars 2010 à 0,95 CA$, et son plus bas niveau récent le 27 décembre 2013 à 0,03 CA$. Minaurum Gold possède 237 482 662 actions en circulation. |