Northwire Canada EditionWednesday, November 11, 2026
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Gold 4,010.10 −0.5% Silver 52.16 +1.8% Copper 6.30 +1.0% Oil 88.21 +2.5% Palladium 1,053.00 +3.1% ORCL 0.030 +0.0% ELD 49.55 −1.7% OPW 0.150 +0.0% CDE 21.73 +0.1% AEM 268.11 −0.9% WDO 28.20 −0.4% BEA 0.090 +0.0% GAU 3.50 −1.7% BTO 7.46 −1.3% IMG 26.18 −0.6% BOL 0.060 +0.0% CNT 0.030 +0.0% EXN 0.250 +1.0% MNRG 0.080 +6.7% GSKR 2.83 −1.4% FPC 0.450 +1.1% Gold 4,010.10 −0.5% Silver 52.16 +1.8% Copper 6.30 +1.0% Oil 88.21 +2.5% Palladium 1,053.00 +3.1% ORCL 0.030 +0.0% ELD 49.55 −1.7% OPW 0.150 +0.0% CDE 21.73 +0.1% AEM 268.11 −0.9% WDO 28.20 −0.4% BEA 0.090 +0.0% GAU 3.50 −1.7% BTO 7.46 −1.3% IMG 26.18 −0.6% BOL 0.060 +0.0% CNT 0.030 +0.0% EXN 0.250 +1.0% MNRG 0.080 +6.7% GSKR 2.83 −1.4% FPC 0.450 +1.1%
Drill Results

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.

By The Northwire Desk — AI Analysis Feb 10, 2026 · 08:46 MGG · 0.52 Minaurum Silver Inc.
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 →

More from Minaurum Silver Inc.

Nov 05, 2026 · 07:31

Minaurum’s best Africa step-out results highlight that resource definition, rather than individual drill hole assays, is the primary driver of the company’s valuation.

Drill Results Oct 22, 2026 · 08:46

Minaurum’s Blind Africa vein shows good grades in thin widths, with the resource update serving as the primary catalyst for the project.

Drill Results Sep 24, 2026 · 08:46

Minaurum reports narrow, high-grade silver step-outs, though the market prioritises resource tonnes over isolated intercepts.

Drill Results Sep 22, 2026 · 08:46

Minaurum’s underground rehab at Promontorio yields high-grade channel samples, validating historic stopes.

Drill Results Aug 25, 2026 · 08:46

Minaurum reports a 17 m wide true silver vein at 369 g/t AgEq in its step-out drilling at the Quintera project.

Drill Results Jul 28, 2026 · 08:46

Minaurum’s geological modeling upgrade supports a second-half 2026 resource update at the Alamos Gold Project.

Drill Results