Northwire Canada EditionTuesday, November 10, 2026
Northwire
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Gold 4,037.40 −1.9% Silver 51.35 −2.5% Copper 6.26 −1.3% Oil 86.13 −0.8% Palladium 1,024.75 +0.3% SLG 6.05 −4.0% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.050 +0.0% FUSE 0.020 −20.0% COPR 0.375 +0.0% WSK 0.170 +0.0% GAL 0.370 −2.6% VCG 1.07 +4.9% LVX 0.250 −26.5% RAMP 0.250 −7.4% QTWO 1.70 +5.6% SUM 1.29 −2.3% SGML 7.53 −9.8% BOGO 0.730 −7.6% Gold 4,037.40 −1.9% Silver 51.35 −2.5% Copper 6.26 −1.3% Oil 86.13 −0.8% Palladium 1,024.75 +0.3% SLG 6.05 −4.0% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.050 +0.0% FUSE 0.020 −20.0% COPR 0.375 +0.0% WSK 0.170 +0.0% GAL 0.370 −2.6% VCG 1.07 +4.9% LVX 0.250 −26.5% RAMP 0.250 −7.4% QTWO 1.70 +5.6% SUM 1.29 −2.3% SGML 7.53 −9.8% BOGO 0.730 −7.6%
Resource Estimate

Minaurum Files Technical Report on Alamos Silver Project

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

Executive Summary

The most recent news (February 27, 2026) confirms the formal filing of an independent NI 43-101 Technical Report for the Alamos Silver Project in Sonora, Mexico. This follows the January 28, 2026, announcement of a maiden Inferred Mineral Resource Estimate (MRE) of 55.2 million ounces of silver equivalent (AgEq) at an average grade of 320 g/t AgEq. The report covers 14 mining concessions and provides the legal and scientific foundation for the previously disclosed resource figures.

Material Impact

The filing is Routine - Neutral as it is a mandatory regulatory follow-up to the material resource announcement made 30 days prior. However, when viewed alongside the February 26 news of expanding the drill fleet to six rigs, the impact is structurally positive: - Resource Validation: The filing formalizes the 55.2 Moz AgEq Inferred resource, providing a "floor" for the company's valuation. - Aggressive Expansion: The expansion from four to six rigs for a 50,000-meter Phase II program indicates management's high confidence in the "pinch-and-swell" geometry of the Europa and Travesia-Quintera zones. - Scale Potential: The current resource only encompasses 3 of the 26 identified vein zones, suggesting significant "blue sky" potential that the market is now waiting to see quantified in the H2 2026 update.

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 silver system. - Flagship: Alamos Silver Project (100% owned). - Resource: 5.37Mt @ 320 g/t AgEq (Inferred) for 55.2 Moz AgEq. - Geology: Epithermal silver-copper veins and deeper lead-zinc-silver Carbonate Replacement Deposits (CRD). - Secondary Project: Lone Mountain CRD project in Nevada, USA (100% interest).

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