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 never been drilled.

Quintera covers 4,698 hectares and is located 8km west of Alamos, 45km northwest of Pan American’s Alamo Dorado silver mine, and 15km south of Cobre Del Mayo’s Piedras Verdes copper mine. Quintera hosts excellent infrastructure and is fully permitted from exploration through to production.

The Quintera Project, which includes the Promontorio, La Quintera, La Aduana, and Minas Nuevas mines, is estimated to have produced more than 120 Moz of silver from about 1680 to the early 1900s. Vein widths average 4m but locally range up to 20m. The primary target vein has a strike length of 3.5km and the entire vein system measures more than 7 km long. Historical records of selective mining indicate grades of over 2,000 g/t Ag were recovered using a cut-off grade of 1,000 g/t Ag.

Leave a Reply