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Other

Minaurum signs deal to swap Adelita stake for royalty

By The Northwire Desk — AI Analysis Sep 03, 2025 · 23:10 MGG · 0.335 Minaurum Silver Inc.
MGG · Price

Executive Summary

  • Minaurum Gold exchanged its 20 % interest in the Adelita project for a 1 % NSR royalty and received ~313,953 shares (~$135k) from Kenadyr Metals.
  • The release discloses extensive drill results from multiple holes, highlighting high‑grade copper‑gold‑silver intercepts.
  • Marketing services agreements with Capital Analytica ($60k) and National Inflation Association ($30k USD) were extended for three months each.

Key Details

  • Adelita royalty transaction: 20 % equity interest swapped for a 1 % net smelter return (NSR) royalty on all minerals extracted; no buydown right.
  • Share consideration: Kenadyr Metals issued 313,953 shares to Minaurum, valued at approximately $135,000.
  • Drill intercepts – copper‑gold‑silver:
  • Hole CGDD-10-001: 16.2 m @ 1.97 % Cu, 0.84 g/t Au, 73 g/t Ag.
  • Hole CGDD-10-002: 47.6 m @ 0.98 % Cu, 0.46 g/t Au, 46 g/t Ag.
  • Hole CGDD-12-009: 105.2 m @ 1.03 % Cu, 0.43 g/t Au, 36 g/t Ag.
  • Hole CGDD-12-012: 201.4 m @ 0.52 % Cu, 0.15 g/t Au, 13 g/t Ag.
  • Hole AD‑22‑0018: 20.60 m @ 1.91 % Cu, 2.00 g/t Au, 40.91 g/t Ag; also 20.6 m @ 3.71 % Cu‑eq.
  • Hole AD‑22‑0019: 32.25 m @ 1.01 % Cu, 0.52 g/t Au, 39.69 g/t Ag; also 32.25 m @ 1.74 % Cu‑eq.

  • Hole AD‑22‑0021: 19.85 m @ 1.00 % Cu‑eq.

  • Project context: Adelita lies in the Sonora‑Arizona copper belt, featuring a near‑surface high‑grade skarn system, multiple untested targets, and a 4.5 km porphyry anomaly.

  • Regulatory condition: Transaction subject to customary conditions, including TSX Venture Exchange approval.

  • Marketing agreement extensions:

  • Capital Analytica – three‑month extension; fee $60,000 CAD for social media, sentiment reporting, video dissemination, and news release distribution.

  • National Inflation Association (NIA) – three‑month extension; fee $30,000 USD for email list promotion, website, and blog posts.

  • Contact information: Jeff French (Capital Analytica) – [email protected], 778‑872‑4551; Gerard Adams (NIA) – [email protected], 973‑277‑7674.

Notable Quotes

(No direct quotes provided in the release.)

Read the original news release →

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