Minaurum Extends High-Grade Quintera Vein at Depth with 5.95 m of 1,117 g/t Silver Equivalent; Europa Sur Returns 3.65 m of 888 g/t AgEq
Minaurum reports 5.95m at 1,117 g/t AgEq downhole in the Quintera step-out, though true width and QA/QC data are absent.
Minaurum Silver Inc. (MGG) reported drill results from its Phase II program, which targets 50,000 meters of drilling. The Quintera Vein Zone hole AL26-215 intersected 5.95 meters of 1,117 g/t AgEq (953 g/t Ag, 0.04 g/t Au, 1.21% Cu, 1.58% Pb, 0.41% Zn), including a 2.40-meter sub-interval of 2,557 g/t AgEq. This sub-interval contained ultra-high 0.30-meter and 0.45-meter pods reaching 7,626 and 7,950 g/t AgEq, respectively.
At the Europa Sur zone, hole AL26-207 returned 3.65 meters of 888 g/t AgEq, while hole AL26-209 returned 0.30 meters of 1,699 g/t AgEq. The Travesia zone yielded 4.25 meters of 133 g/t AgEq and 1.20 meters of 227 g/t AgEq. At San Jose, the company reported modest silver-only widths, including 8.5 meters of 111 g/t AgEq, 1.90 meters of 105 g/t AgEq, and 0.85 meters of 94 g/t AgEq.
The release frames these results as extending high-grade mineralization at depth and along strike. The company did not provide details on true widths, QA/QC protocols, or capping procedures.
Minaurum Silver Inc. (MGG) holds a 55 moz AgEq inferred resource and a $175M market cap, with the latest news not fundamentally altering the resource scale or economic outlook. The Quintera zone was already recognized as high-grade, with additional ounces expected. The market has seen similar high-grade hits throughout 2025‑2026, including:
- 12.35 m @ 408 g/t AgEq
- 5.85 m @ 476 g/t AgEq
- 3.20 m @ 882 g/t AgEq
The 6,645 g/t·m figure is higher than average but comes with uncertainties.
The stock had declined from a peak of $0.65 to $0.33 prior to this release, likely reflecting broader silver price weakness and profit-taking after the initial resource announcement. This result is not transformational enough to reverse that trend on its own; it is an incremental positive data point supporting the ongoing drill program.
At the current stage, a “material” move would require a new discovery on a new zone, such as a maiden hit on a previously undrilled structure that could add tens of millions of ounces, or drill results that demonstrate a step-change in resource grade and width continuity. This release, while high-grade, is in-fill/step-out on known veins and does not meet that bar.
Minaurum Silver Inc. (MGG) is a junior silver explorer focused on its flagship 100%-owned Alamos Silver Project in Sonora, Mexico. The project hosts a maiden inferred resource of 55.2 moz AgEq at 5.37 Mt, grading 320 g/t, spread across the Promontorio/Travesía and Europa vein zones. No reserves or economic studies currently exist for the asset.
The company is conducting a 50,000 m Phase II drill program using six rigs, targeting the expansion of that resource. Minaurum also holds a portfolio of earlier-stage projects in Mexico and a 1% NSR on the Adelita copper-gold property. As of July 2026, the company reported a market cap of approximately $175M and cash holdings of ~$19M. The company has no revenue or production.