Northwire Canada EditionFriday, July 10, 2026
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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 Routine +

Minaurum Accelerates Exploration at Alamos Silver Project; Expands to Six Drill Rigs and Reports Additional Results

Aggressive expansion of high-grade silver district in Sonora as drill fleet grows to six rigs

By The Northwire Desk — AI Analysis Feb 26, 2026 · 12:51 MGG · 0.51 Minaurum Silver Inc.
Executive Summary

The most recent news (February 26, 2026) announces the expansion of the drill program at the 100%-owned Alamos Silver Project in Sonora, Mexico. The company has increased its active drill fleet from four to six rigs. This expansion supports the ongoing Phase II 50,000-metre resource expansion program. Recent drilling at the Europa vein returned high-grade intercepts including 1,032 g/t AgEq over 0.30m and 524 g/t AgEq over 0.50m. These results follow a significant 250-metre step-out hole (AL25-163) reported earlier in the month which yielded 12.35m of 408 g/t AgEq. The company remains on track to deliver an updated Mineral Resource Estimate (MRE) in H2 2026.

Material Impact

The news is Routine - Positive. While the expansion to six rigs and the continued high-grade intercepts are operationally significant, they are incremental steps within the 50,000-metre program already signaled to the market in December 2025. - Operational Momentum: Increasing the rig count by 50% (from 4 to 6) indicates a high level of confidence in the targets and a desire to accelerate the timeline toward the H2 2026 resource update. - Resource Growth: The step-out results at Europa (specifically the 250m extension) suggest the current Inferred Resource of 55M oz AgEq is likely to grow substantially. - Consistency: The results confirm the "pinch-and-swell" geometry of the veins, which is typical for the district but requires dense drilling to model accurately.

MGG · Price
Company Overview

Minaurum Silver Inc. (formerly Minaurum Gold) is focused on the Alamos Silver Project in Sonora, Mexico. The project is a past-producing district (historic production of ~200M oz silver) that Minaurum has consolidated. - Flagship: Alamos Silver Project. - Maiden Resource (Jan 2026): 55.2M oz AgEq Inferred (5.37Mt @ 320 g/t AgEq). - Other Assets: Lone Mountain CRD project (Nevada), Santa Marta, and various royalties in Mexico.

Read the original news release →

More from Minaurum Silver Inc.

Jul 08, 2026 · 08:46

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.

Drill Results May 27, 2026 · 08:46

Minaurum Silver Drills High-Grade Europa Sur Vein Zone as Resource Expansion Continues

Drill Results Mar 31, 2026 · 08:31

High-grade silver intercepts at Quintera validate district-scale expansion as Minaurum targets major H2 2026 resource update.

Drill Results Feb 27, 2026 · 09:16

Minaurum formalizes maiden 55Moz AgEq resource as six-rig expansion program targets 2026 update

Resource Estimate Feb 10, 2026 · 08:46

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

Drill Results Jan 28, 2026 · 11:16

Maiden resource establishes high-grade silver floor as Minaurum shifts focus to district-scale expansion

Resource Estimate