Notes From Minaurum Gold (TSXV: MGG) CEO

Minaurum Gold (TSXV: MGG)'s CEO said the following in a new interview:

Drill results throughout summer

First Resource Coming August 2025: Targeting 50–60 million oz AgEq in the maiden resource, with aim to quickly grow to 100M+ oz in 1Q 2026.

Initial Maiden Resource from Europa + Promontorio veins

Second Resource (1Q 2026): Add San Jose, Minae, Catera, Pulpito, and Musavas veins

Already drilled 60,000m; estimates 35,000–40,000m more needed to cross 100M oz

Targeting 325 g/t AgEq, which is double the Mexican underground average of ~150 g/t AgEq — positioning MGG among the higher-grade juniors.

Institutional Interest Returning: “Switch flipped” last month — banks are now calling MGG, interest driven by MAG comparisons and takeover buzz in sector.

Historical mine areas (e.g. Minae) already have intercepts like 9.8m @ 1,000 g/t AgEq

Emphasizes stacked vein systems to boost tonnage and grade

MGG is shaping up to be “the next logical takeover target” — not aiming to build a standalone mine but preparing for PEA and pre-feasibility stages.

Current plan does not include building a mill — will leverage toll milling options to stay lean and attractive to acquirers.

Model similar to what worked for MAG Silver, SilverCrest, and GoGold.

With a current market cap far below those with 50M–100M oz AgEq resources, a successful August resource could trigger a significant re-rating.

Being pre-resource but fully permitted is extremely rare and valuable — a likely magnet for M&A suitors once scale is shown.

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. This message is meant for informational and educational purposes only and does not provide investment advice.