Minaurum Gold (TSXV: MGG)’s Alamos Silver Project vs. First Majestic’s Los Gatos

First Majestic Silver (AG) recently acquired Gatos Silver for US$970 million for its 70% interest in Cerro Los Gatos.

If you look at First Majestic's proven and probable reserves their largest reserves are at Cerro Los Gatos, it has become their new flagship mine:

First Majestic's average reserve grades at Cerro Los Gatos are 162 g/t silver, 0.21 g/t gold, 0.21% copper, 2.05% lead, and 3.83% zinc for 326 g/t silver equivalent.

Minaurum Gold (TSXV: MGG) is currently drilling with four rigs and hasn't yet released its maiden resource estimate but its Alamos Silver Project is a stacked polymetallic silver vein system similar to Cerro Los Gatos. Here are MGG's average grades so far found in their Alamos drill holes:

Even MGG's average width seems to be similar to First Majestic's Cerro Los Gatos.

Remember that MGG has 9+ veins within a distance of ~500m:

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 has received compensation from MGG of US$30,000 cash for a three-month marketing contract and previously received US$30,000 cash for a three-month marketing contract which has since expired. This message is meant for informational and educational purposes only and does not provide investment advice.