Minaurum Gold Inc. announced that it has returned high-grade silver intercepts from the final Phase II holes drilled in 2021 at its Alamos silver project in Sonora, Mexico. In 2021, Minaurum drilled 9,386.50 m in 22 holes focusing on sizable step-outs at the Ana, Europa, San José, Alessandra, Cotera, and Minas Nuevas vein zones. Minas Nuevas vein zone: Minas Nuevas consists of a group of veins located in the NE of the Alamos concession block.

In its northern-most section, the vein bends sharply to the northwest encompassing the Zambona vein, where historical records and reports indicate that mine workings followed a northwest-plunging silver shoot. Holes AL21-098 and -099 are the first ever holes to test the Zambona vein zone. Hole AL21-099 intersected strong silver mineralization of 609 g/t Ag over 9.90 m, including 0.90 m @ 1,145 g/t Ag, 0.50 m @ 2,260 g/t Ag, and 0.50 m @ 2,360 g/t Ag, intersecting the shoot near the NW-most extent of the workings, leaving prospective ground further to the northwest along strike and down-plunge.

Hole AL21-098 intersected several metres of quartz-carbonate veining with trace silver mineralization in the hanging wall of the fault contact with granodiorite, and appears to have been drilled underneath the silver shoot. San José Vein zone: Stepping out to the north from previous drilling, hole AL21-091 intersected a wide zone of 21.90 m @ 93 g/t Ag in the highest part of the hole. Hole AL21-092A expanded the vein zone 250 m to the southwest of -091, intersecting continuous silver mineralization of 7.35 m @ 184 g/t Ag including 1.30 m @ 649 g/t Ag.

Mineralization in both intercepts occurs in fractured and veined andesite immediately above the fault contact with granodiorite. Cotera Vein Zone: The north-south-striking, steeply dipping Cotera zone extends for a kilometre to the north and 300 m to the south of the drilled area. Holes AL21-094 and -095 cut the Cotera zone approximately 80 metres south of Hole AL19-035 intercept.

AL21-094 intersected high-grade silver and copper of 0.30 m @ 2,310 g/t Ag and 6.52% Cu within an interval of 2.10 m @ 360 g/t Ag and 1.00% Cu and 2.95 m @ 232 g/t Ag, including 1.05 m @ 411 g/t. Hole AL21-095, drilled from the same pad as AL21-094, cut intervals of anomalous base metals and silver mineralization. Approximately 80 m to the north of the AL19-035 intercept, hole AL21-096 drilled two mineralized intervals of 2.40 m @ 115 g/t Ag including 0.45 m @ 399 g/t Ag; and 1.50 m @ 106 g/t Ag including 0.60 m @ 212 g/t Ag. Alessandra Skarn and Vein Zone: Hole AL21-090 was drilled to cut the up-dip projection of the mineralized zone cut by hole AL21- 085 and intersected 13.50 m with an average grade of 0.28% Cu.

Drilled approximately 250 m up-dip of the AL21-085, the hole indicates that the grade and width of mineralization increases at depth at the target area. Holes AL21-093 and AL21-097 were aimed to intersect the mineralized zone about 125 and 250 m north of the AL21-085 intercept, and at approximately the same elevation. These holes returned anomalous mineralization with the zone remaining open at depth and along strike.