Minaurum Gold

Vortex Metals Growing Copper Portfolio as Global Demand Continues to Skyrocket

Retrieved on: 
Wednesday, June 28, 2023

NEW YORK, NY, June 28, 2023 (GLOBE NEWSWIRE) -- Vortex Metals Inc. (TSXV: VMS) (OTCQB: VMSSF) (FSE: DM8), is amassing a portfolio of copper properties just as global demand for the metal is exploding.

Key Points: 
  • NEW YORK, NY, June 28, 2023 (GLOBE NEWSWIRE) -- Vortex Metals Inc. (TSXV: VMS) (OTCQB: VMSSF) (FSE: DM8), is amassing a portfolio of copper properties just as global demand for the metal is exploding.
  • In fact, experts predict that demand for copper could soon outpace supply, which would drive the price of copper exponentially higher.
  • Vortex Metals (Vortex) announced this week that it’s acquiring a majority interest in the highly promising and drill ready Illapel Copper Project (Illapel) located north of Santiago, Chile.
  • In late 2022, S&P Global released a report forecasting that global demand for copper could double by 2035, from 25-million metric tons to 50-million metric tons.

Vortex Metals Provides Highlights of Zaachila Project Exploration Targets

Retrieved on: 
Tuesday, June 13, 2023

VANCOUVER, BC, June 13, 2023 /PRNewswire/ - Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTC: VMSSF) ("Vortex" or the "Company") is pleased to provide a comprehensive overview of the exploration work completed to date at its Zaachila Copper project in southern Oaxaca, Mexico.

Key Points: 
  • VANCOUVER, BC, June 13, 2023 /PRNewswire/ - Vortex Metals Inc. (TSXV: VMS) (FSE: DM8) (OTC: VMSSF) ("Vortex" or the "Company") is pleased to provide a comprehensive overview of the exploration work completed to date at its Zaachila Copper project in southern Oaxaca, Mexico.
  • Vortex Metals' Chief Executive Officer Vikas Ranjan commented, "The exploration activities conducted previously by the late David Jones, uncovered remarkable prospects for the Zaachila project, featuring exceptional exploration targets within a geological environment similar to our Riqueza Marina project, located 30 km to the north.
  • The project is located in the municipality of Santiago Astata where community leaders have consistently been supportive of exploration work.
  • The project lies in the Zaachila 'agency' of the municipality, which remains the principal source for workers since early exploration activities.

Vortex Metals’ Flagship Copper-Gold Properties Endorsed by ‘Mine Finder’ as Next Significant Discovery

Retrieved on: 
Tuesday, February 7, 2023

It was his opinion that these properties could be his “next significant discovery,” and for Vortex, his work and endorsement alone make the company a promising ground-floor opportunity in the metals and mining sector.

Key Points: 
  • It was his opinion that these properties could be his “next significant discovery,” and for Vortex, his work and endorsement alone make the company a promising ground-floor opportunity in the metals and mining sector.
  • It’s an endorsement that should have Vortex Metals and its investors especially bullish about the potential of its properties.
  • The area he explored has since become Vortex’s two flagship copper-gold projects, “Riqueza Marina” and “Zaachila,” in southern Oaxaca.
  • Before his death in December 2021, Jones was believed that this could be his next significant discovery.

ArcPacific Provides Exploration Update

Retrieved on: 
Monday, July 5, 2021

Additional work will focus on following these fluid conduits and testing the structures back towards their possible source.

Key Points: 
  • Additional work will focus on following these fluid conduits and testing the structures back towards their possible source.
  • The LMSL project is an advanced exploration project with copper-gold and silver-lead-zinc targets and historic resources.
  • The Blackdome Property is an epithermal gold-silver exploration target in Southern BC.
  • ArcPacific Resources Corp. (TSXV: ACP) is a Canadian based exploration company expanding the exploration initiative at multiple historic past producing gold and silver mines in the Timmins Gold Camp, Ontario, and in the Nicola Mining Division in Southern British Columbia.

Rising Industrial Demand for Silver Has the Mexican Mining Industry Buzzing

Retrieved on: 
Tuesday, June 8, 2021

With silver prices continuing to stay elevated, countries like Mexico have experienced a boom in the exploration of silver and the development of mining projects.

Key Points: 
  • With silver prices continuing to stay elevated, countries like Mexico have experienced a boom in the exploration of silver and the development of mining projects.
  • Some of the active mining stocks include Minaurum Gold Inc. (TSXV:MGG) (OTCQX:MMRGF), Hecla Mining (NYSE:HL), Fortuna Silver Mines (NYSE:FSM), First Majestic Silver (TSX:FRI) (NYSE:AG),and Blackrock Silver (TSXV:BRC) (OTC:BKRRF).
  • Minaurum's Alamos silver project is located in the silver-mining region of Alamos Mining District in southern Senora state.
  • Phase II of the Alamos silver project will focus on systematically expanding the silver veins discovered in the first phase and progress with exploratory drilling to discover new silver shoots.

Minaurum Corporate Update

Retrieved on: 
Tuesday, May 18, 2021

b'Vancouver, British Columbia--(Newsfile Corp. - May 18, 2021) - Minaurum Gold Inc.\xc2\xa0(TSXV: MGG) (OTCQX: MMRGF) ("Minaurum") is pleased to provide an update on its ongoing exploration activities.

Key Points: 
  • b'Vancouver, British Columbia--(Newsfile Corp. - May 18, 2021) - Minaurum Gold Inc.\xc2\xa0(TSXV: MGG) (OTCQX: MMRGF) ("Minaurum") is pleased to provide an update on its ongoing exploration activities.
  • Historical and Minaurum sampling has yielded copper values ranging from 1.0 to 3.7% copper and gold values as high as 2 g/t gold.
  • Minaurum will design a drill program and apply for necessary permits in the second half of 2021.\nAurena is a gold skarn/VMS discovery that Minaurum drilled in 2011 which outlined two principal zones of gold mineralization along a strike length of 1.8 km.
  • Minaurum is in Joint Venture discussions with interested third parties.\nBiric\xc3\xba and Vuelcos del Destino Project website pages:\nOver the last five months, Minaurum has been cost-effectively reviewing a number of new high-grade gold and silver projects, several of which have been acquired primarily through staking.

Minaurum Acquires Strategic Interest in ASR Resources Corp. via Joint Venture on Adelita Copper-Gold Project

Retrieved on: 
Tuesday, March 9, 2021

Vancouver, British Columbia--(Newsfile Corp. - March 9, 2021) - Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) ("Minaurum") is pleased to announce that it has entered into an option agreement with ASR Resources Corp. ("ASR"), pursuant to which ASR can earn an 80% interest in Minaurum's Adelita copper-gold project in Sonora, Mexico.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - March 9, 2021) - Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) ("Minaurum") is pleased to announce that it has entered into an option agreement with ASR Resources Corp. ("ASR"), pursuant to which ASR can earn an 80% interest in Minaurum's Adelita copper-gold project in Sonora, Mexico.
  • If ASR fails to go public after 18 months, ASR will return the project to Minaurum in good standing.
  • Adelita is a copper-gold project hosting both skarn and porphyry mineralization located adjacent to Pan American Silver's past-producing Alamo Dorado Silver mine.
  • The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

Minaurum Announces Results from Phase II Alamos Silver Project Drilling

Retrieved on: 
Tuesday, February 9, 2021

Vancouver, British Columbia--(Newsfile Corp. - February 9, 2021) - Minaurum Gold, Inc. (TSXV: MGG) ("Minaurum") is pleased to announce the final results of its 2020 Phase II drilling program at its Alamos silver project in Sonora, Mexico.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - February 9, 2021) - Minaurum Gold, Inc. (TSXV: MGG) ("Minaurum") is pleased to announce the final results of its 2020 Phase II drilling program at its Alamos silver project in Sonora, Mexico.
  • At the Promontorio target, drilling returned high-grade mineralization in excess of 100m below historical workings, indicating the potential for two SW-plunging silver shoots.
  • Results for the first 8 holes of the Phase II program were reported in Minaurum News Releases dated September 24th, 2020 and October 13th, 2020.
  • The Phase II program is slated to continue in 2021, pending an improvement in COVID pandemic conditions in the Alamos region.

Minaurum Renegotiates Terms of Biricu Gold Project

Retrieved on: 
Wednesday, January 20, 2021

Vancouver, British Columbia--(Newsfile Corp. - January 20, 2021) - Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) ("Minaurum") is pleased to announce that it has entered into an agreement with its underlying Royalty Holder ("RH") on the Biricu Project ("Biricu") located in the Guerrero Gold Belt ("GGB"), Mexico.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 20, 2021) - Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) ("Minaurum") is pleased to announce that it has entered into an agreement with its underlying Royalty Holder ("RH") on the Biricu Project ("Biricu") located in the Guerrero Gold Belt ("GGB"), Mexico.
  • The Biricu project is surrounded by major mining companies including Equinox Gold, Torex Gold, Agnico Eagle and Osisko Development Corp (see Figure 1).
  • Biricu exhibits typical GGB host rocks cut by intrusive rocks identical to those seen in the neighbouring Los Filos Mine and nearby Media Luna deposit.
  • "We would like to thank the Royalty Holder for working with us to improve the viability of the Biricu project," stated Darrell Rader, President and CEO of Minaurum.

Minaurum Announces Option with Fortuna Silver

Retrieved on: 
Thursday, January 7, 2021

Vancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) ("Minaurum") is pleased to announce that Minaurum and its wholly-owned subsidiary Minera Minaurum Gold, S.A. de C.V ("MGG"), along with Fortuna Silver Mines Inc. (NYSE: FSM) ("Fortuna") and Fortuna's wholly-owned subsidiary Compania Minera Cuzcatlan S.A. de C.V. ("CMC"), have entered into an option agreement, pursuant to which CMC can earn up to an 80% interest in MGG's Taviche silver project in Oaxaca, Mexico ("Taviche").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) ("Minaurum") is pleased to announce that Minaurum and its wholly-owned subsidiary Minera Minaurum Gold, S.A. de C.V ("MGG"), along with Fortuna Silver Mines Inc. (NYSE: FSM) ("Fortuna") and Fortuna's wholly-owned subsidiary Compania Minera Cuzcatlan S.A. de C.V. ("CMC"), have entered into an option agreement, pursuant to which CMC can earn up to an 80% interest in MGG's Taviche silver project in Oaxaca, Mexico ("Taviche").
  • Upon earning the Initial Interest, Fortuna can then earn an additional 20% interest for a total 80% interest in the project by funding Minaurum 's acquisition by way of option exercise of the remaining 20% interest.
  • "We are excited to be partnering with Fortuna at the Taviche Silver project," stated Darrell Rader, President and CEO of Minaurum.
  • Under the terms of the option agreement, CMC will act as the operator of the project however all budgets, activities and programs during the option period will be managed by a technical committee consisting of two representatives of Fortuna and one representative of Minaurum.