Breaking: Minaurum Silver Maiden Resource Estimate

Minaurum Announces Initial Resource Estimate at Alamos Silver Project of 55 Million Ounces AgEq Grading 320 g/t AgEq

January 28, 2026 – 11:15 AM EST | Source: Minaurum Silver Inc.

Vancouver, British Columbia—(Newsfile Corp. – January 28, 2026) – Minaurum Silver Inc. (TSXV: MGG) (OTCQX: MMRGF) (“Minaurum” or the “Company”) is pleased to announce the completion of an Inferred Mineral Resource Estimate (“Resource Estimate”) at its 100%-owned Alamos Silver Project located in Sonora, Mexico.

Highlights

  • High-Grade Inferred Mineral Resource: 5.37 million tonnes grading 202 g/t silver, 0.21 g/t gold, 0.43% copper, 0.97% lead, and 2.01% zinc, or 320 g/t AgEq, containing 55.2 Moz AgEq.
  • Conservative Assumptions: Includes smelter and processing deductions; resource remains robust at higher cut-off grades.
  • Growth Potential: Resource covers only three of twenty-six identified vein zones and remains open along strike and at depth.

The Resource Estimate is based on 104 drill holes totaling 35,888 metres and is classified as an Inferred Mineral Resource in accordance with CIM Definition Standards, with an effective date of January 8, 2026.

Darrell Rader, President & CEO, stated that the 55 Moz AgEq estimate represents a major milestone and that Minaurum intends to aggressively expand the resource through its ongoing 50,000-metre Phase II drill program.


Figure 1 – Alamos Silver Project Vein Zones

Alamos Silver Project Vein Zones

The 55.2 Moz AgEq grading 320 g/t AgEq resource lies within the Promontorio, Travesia, and Europa vein zones.

Figure 2 – Travesia–Promontorio Longitudinal Section

Travesia Promontorio Longitudinal Section

This vein zone comprises 28.7 Moz AgEq grading 276 g/t AgEq and remains open along strike and at depth.

Figure 3 – Europa Vein Zone Longitudinal Section

Europa Vein Zone Longitudinal Section

The Europa vein zone contains 26.5 Moz AgEq grading 386 g/t AgEq.


Table 1 – Inferred Mineral Resource Estimate (150 g/t AgEq Cut-off)

Vein Kt AgEq (g/t) Ag (g/t) Au (g/t) Cu (%) Pb (%) Zn (%) AgEq (koz)
Promontorio / Veta Grande 1,835 281 138 0.31 0.40 1.11 2.80 16,602
Travesia 373 187 125 0.12 0.36 0.52 0.49 2,247
Europa (Total) 2,135 386 295 0.06 0.50 0.67 1.33 26,463
Grand Total 5,366 320 202 0.21 0.43 0.97 2.01 55,154

Phase II – Resource Expansion Drill Program

Minaurum is currently conducting a 50,000-metre core drilling program targeting resource expansion at Europa and Promontorio-Travesia, as well as additional high-grade vein zones across the Alamos district.

An updated resource estimate is planned for the second half of 2026.

NI 43-101 & Qualified Person

The Mineral Resources were estimated by Michael G. Hester, FAusIMM, Vice President of Independent Mining Consultants, Inc., who is a Qualified Person as defined by NI 43-101.

About Minaurum Silver Inc.

Minaurum Silver Inc. (TSXV: MGG) (OTCQX: MMRGF) (FSE: 78M) is an Americas-focused explorer advancing the high-grade, production-permitted Alamos Silver Project in Sonora, Mexico, and the Lone Mountain CRD Project in Nevada, USA.

For more information:
Sunny Pannu – Investor Relations & Corporate Development
(778) 330-0994 | pannu@minaurum.com

 

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA is receiving compensation from MGG of US$100,000 cash for a twelve-month marketing contract and previously received US$60,000 cash for past marketing contracts which have since expired. This message is meant for informational and educational purposes only and does not provide investment advice.