Minaurum Engages SGS to Complete Mineral Resource Update on the Alamos Silver Project
Minaurum secures SGS contract to advance Alamos gold project toward a H2 2026 resource update.
Minaurum Silver Inc. has engaged SGS Metallurgy and Consulting Geological Services to prepare an updated mineral resource estimate for its Alamos Silver Project in Sonora, Mexico. The updated estimate will incorporate data from the ongoing 50,000-metre Phase II core-drilling campaign, which commenced in December 2025. This campaign targets multiple vein zones including Europa, Promontorio, and Travesia, as well as extensions such as Europa Sur, Quintera, and San Jose.
SGS was selected for its extensive experience in Mexican projects, including work with Vizsla Silver and Endeavour Silver, as well as its prior collaboration with Minaurum's management. The previous maiden resource estimate, effective January 8, 2026, reported 5.37 million tonnes containing 55.2 million ounces of silver equivalent (AgEq) at 320 g/t AgEq. The updated resource estimate is expected to be completed and announced later in 2026.
Minaurum Silver Inc. (MGG) has engaged SGS, a standard procedural step following the completion of its maiden resource estimate and the launch of the Phase II drilling program. This move confirms management’s prior guidance that an updated resource estimate will be delivered in the second half of 2026.
The announcement does not introduce new financial metrics, strategic pivots, or unexpected operational milestones, representing a routine execution of the company's stated exploration roadmap. Given the consistent high-grade drill intercepts reported throughout 2026, including the Quintera and Europa Sur extensions, the market likely already priced in the expectation of a resource growth update. The announcement serves as a validation of progress rather than a catalyst.
Minaurum Silver Inc. is a precious metals exploration and development company focused on building a pipeline of Tier-One projects. Its flagship asset is the Alamos Silver Project, located in Sonora, Mexico, approximately 8 km west of the town of Alamos. The project is 100% owned, fully permitted with a 30-year MIA Production Permit, and benefits from paved road access, power, and water infrastructure.
A maiden resource estimate released in January 2026 defined 55.2 moz AgEq across the Europa, Promontorio, and Travesia vein zones. The broader portfolio includes the Lone Mountain CRD Project in Nevada, which is at the PEA stage, the Adelita Cu-Au project subject to a 1% NSR, and several other exploration-stage targets in Mexico.