Northwire Canada EditionFriday, July 10, 2026
Northwire
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Material +

Minaurum Drills High-Grade Silver in 250 m Step-Out at Alamos Silver Project: 12.35 m of 408 g/t AgEq, including 3.20 m of 1,277 g/t AgEq

High-grade silver explorer transitioning from discovery to resource expansion with a massive cash-funded drill program.

Executive Summary

The February 10, 2026, news release reports high-grade silver intercepts from the ongoing Phase II 50,000-metre drill program at the Alamos Silver Project in Sonora, Mexico. The highlight is hole AL25-163, which intersected 12.35 m of 408 g/t AgEq (including 3.20 m of 1,277 g/t AgEq) in the Europa Vein Zone. This hole represents a 250-metre step-out from the current mineral resource boundary. Additional results include hole AL25-153 (2.35 m of 374 g/t AgEq) and several narrower intercepts from the Promontorio and Travesia zones. The company also noted a minor administrative correction regarding insider participation in its December 2025 financing.

Material Impact
  • Resource Expansion Potential: The 250-metre step-out in hole AL25-163 is significant because it demonstrates that high-grade mineralization continues well beyond the limits of the Inferred Resource announced just weeks prior (January 28, 2026).
  • Grade Continuity: The intersected grade of 408 g/t AgEq is higher than the average grade of the current 55.2 million ounce AgEq Inferred Resource (320 g/t AgEq), suggesting potential for grade improvement or at least maintenance of high grades as the footprint grows.
  • Technical Validation: Intersecting "strong grades and widths" in a step-out validates the geological model used by the new technical team (former SilverCrest experts hired in mid-2025).
  • Strategic Momentum: This news sustains the market interest generated by the maiden resource and the $25 million financing closed in December 2025. It confirms that the company is successfully deploying its large capital pool to increase the project's scale.
MGG · Price
Company Overview

Minaurum Silver Inc. (formerly Minaurum Gold) is focused on the Alamos Silver Project in Sonora, Mexico. The project is a district-scale, high-grade epithermal system with 26 identified vein zones. - Flagship Project: Alamos Silver Project. - Ownership: 100%. - Permitting: The project is unique among Mexican juniors as it is already permitted for both exploration and underground mining production (30-year MIA permit). - Current Resource: 55.2 million ounces AgEq at 320 g/t AgEq (Inferred), based on only 3 of the 26 vein zones.

Read the original news release →

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