Due to a spreadsheet tabulation error, the Company’s news release of November 22, regarding two Convertible Debentures, one in USD and the other in CAD, which closed on December 2nd, 2016, contained some errors.
Minaurum Gold, Inc. is pleased to announce that it has identified two new vein targets, Amalia and Nueva Europa, at its La Quintera project in southern Sonora State. Rock sampling from quartz veins at Nueva Europa has returned values up to 2,500 g/t Ag and 3,120 g/t Ag.
Recent drilling in the Terronera vein has expanded the main high-grade, mineralized zone down to 400 metre depths, still open to depth and to the southeast (view long section here). In addition to the main zone, drilling intercepted mineralized footwall and hangingwall splays. In some places the splays merge to form one very thick mineralized zone (eg. Hole TR11-3). None of the drill results reported herein are included in the upcoming resource estimate and pre-feasibility study for Terronera, and they indicate clear potential to expand resources within the Terronera vein.
Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
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