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Minaurum Silver Inc
Symbol MGG
Shares Issued 516,511,660
Close 2026-07-28 C$ 0.30
Market Cap C$ 154,953,498
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Minaurum Silver pushes ahead with Alamos silver project

2026-07-28 18:04 ET - News Release

Mr. Darrell Rader reports

MINAURUM ENGAGES DR. PAULA MONTOYA AND LAUNCHES DOWN-HOLE IMAGERY PROGRAM TO ENHANCE GEOLOGICAL MODELING OF THE ALAMOS SILVER PROJECT

Minaurum Silver Inc. has begun two complementary initiatives designed to significantly advance the company's geological understanding of its high-grade Alamos silver project in Sonora, Mexico. By integrating advanced down-hole structural imaging with proven leading-edge academic research, Minaurum aims to refine and enhance its geological model, improve drill targeting and increase the efficiency of future exploration and resource expansion.

Minaurum has engaged Dr. Paula Montoya, senior economic geologist, currently research fellow in economic geology at the University of Tasmania's Centre for Ore Deposit and Earth Sciences (CODES), to undertake a comprehensive geological study of the Alamos district. Dr. Montoya brings more than two decades of experience in mineral exploration, including eight years as senior exploration geologist with AngloGold Ashanti and extensive academic research on epithermal precious metal systems throughout Latin America. These projects include development of Colombia's first geometallurgical model for a gold-porphyry deposit, reinterpretation of Mexico's San Dimas epithermal district and work that contributed to the recognition of high-grade silver mineralization at GR Silver Mining's Las Plomosas and San Marcial deposits in Mexico.

Minaurum has also contracted Proinfra Sistemas e Ingenieria of Hermosillo, Sonora, to conduct a down-hole optical televiewer survey on selected drill holes from the company's ongoing resource expansion drilling program.

"The Alamos silver project continues to demonstrate exceptional exploration potential, with every drilling campaign improving our understanding of this underexplored district," said Darrell Rader, president and chief executive officer of Minaurum Silver. "By combining world-class geological research with advanced structural imaging technology, we are building a refined picture of the mineralized system. These initiatives will help us identify the most prospective targets, improve drilling efficiency and continue expanding the mineralized footprint at Alamos and our geological and resource models. We look forward to working with Dr. Montoya and Proinfra."

The combination of Dr. Montoya's district-scale geological interpretation and the detailed structural information provided by the optical televiewer surveys will significantly strengthen Minaurum's three-dimensional geological model. This enhanced geological model will support more precise drill-hole targeting of high-grade extensions, reduce exploration risk and increase the effectiveness and efficiency of future drilling programs in resource development. Together, these datasets are expected to improve the company's understanding of vein architecture, mineralizing events, structural controls and the continuity of high-grade silver mineralization.

Dr. Montoya will integrate geological observations, lithogeochemical and petrographic studies, fluid inclusion analyses and geochronological data to develop a more comprehensive understanding of the controls on silver mineralization at Alamos. Her work will characterize mineralization styles, define favorable host rocks and structural settings and establish a detailed geological and stratigraphic framework to support the identification of new high-priority drill targets.

Proinfra's gyroscopically oriented down-hole imaging system records continuous, high-resolution images of drill-hole walls while accurately measuring the orientation of geological structures intersected by drilling. Conventional diamond drilling provides detailed geological information but, unless drill core is oriented, does not preserve the true orientation of critical structural features such as veins, faults and fractures. The processed data will be integrated with drill core observations to provide a robust three-dimensional structural framework for the Alamos deposit. The down-hole imaging program is expected to examine approximately 20 drill holes totalling 7,000 metres, with particular emphasis on the Europa, La Quintera and Travesia vein zones, where drilling continues to expand the known mineralized footprint.

About Minaurum Silver Inc.

Minaurum Silver is an Americas-focused explorer concentrating on the high-grade, 100-per-cent-owned production-permitted Alamos silver project in southern Sonora, Mexico, and the Lone Mountain CRD project in Nevada.

We seek Safe Harbor.

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