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Last C$0.08 CAD
Change Today 0.00 / 0.00%
Volume 0.0
As of 1:14 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

minaurum gold inc (MGG) Snapshot

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minaurum gold inc (MGG) Details

Minaurum Gold Inc., an exploration stage company, is engaged in the acquisition, exploration, and development of mineral properties in Mexico. The company explores for gold, silver, and copper. Its flagship project includes the Vuelcos del Destino project located in the Guerrero Gold Belt, Mexico. The company was formerly known as Chava Resources Ltd. and changed its name to Minaurum Gold Inc. in November 2009. Minaurum Gold Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Founded in 2007

minaurum gold inc (MGG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
Vice President of Exploration
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

minaurum gold inc (MGG) Key Developments

Minaurum Gold Inc. Receives Drill Permits at Vuelcos del Destino Project in Guerrero Gold Belt

Minaurum Gold Inc. announced that it has received drill permits from The Ministry of Environment and Natural Resources (SEMERNAT) for the Vuelcos del Destino Project located in the Guerrero Gold Belt in the state of Guerrero, Mexico. A 10,000 meter drill program will test a primary central target and four peripheral targets. The drill plan was designed by Minaurum's Senior Geologist & Director David M. Jones (credited with the discovery of the Los Filos deposit) and Stephen Maynard, Minaurum's VP Exploration and is expected to commence in June.

Minaurum Gold Inc. Announces Formal Access Agreement with the Community of Huitziltepec at its Vuelcos Del Destino Project

Minaurum Gold Inc. announced that it has entered into a formal access agreement with the community of Huitziltepec at its Vuelcos del Destino Project that allows Minaurum to acquire federal drill permits. The project consists of a single mining concession that covers 8,831 hectares in the southeastern portion of the Guerrero Gold Belt in Guerrero state in southern Mexico. Geological features at Vuelcos del Destino are similar to those of Goldcorp's nearby Los Filos Mine, the principle exploration target being a 12 km square porphyry stock complex which represents the large undrilled intrusive complex in the GGB. This exploration target was identified by Minaurum's Senior Geologist and Director David Jones, the discoverer of the Los Filos deposit and a principle involved with Teck's acquisition of what is now Torex Gold's Morelos Project. The Huitziltepec community lands covered by the agreement encompass three targets that coincide with a 3 x 4 km granodiorite porphyry stock complex that is typical of Guerrero Gold Belt intrusions. Alteration and structural features within the stock are identical in nature to those seen in the Los Filos deposit. Stream-sediment geochemical anomalies coincide with the stock outline and with geophysical targets delineated an airborne survey. Target identification is based on the results of reconnaissance geological mapping, stream-sediment sampling and a property-wide airborne Variable Time-Domain Electromagnetic (VTEM) and magnetic survey. Minaurum expects to receive permits for a planned minimum 7,500m drill program from the Mexican federal environmental authority (SEMARNAT) early in the second quarter of 2015.

Minaurum Gold Inc., Annual General Meeting, Dec 08, 2014

Minaurum Gold Inc., Annual General Meeting, Dec 08, 2014., at 10:00 Pacific Standard Time. Location: 10th Floor, 595 Howe Street. Agenda: To receive the report of the directors; to receive the audited financial statements of the company for the year ended April 30, 2014, together with the auditor's report thereon; to fix the number of Directors at six; to elect Directors for the ensuing year; to appoint the auditor for the company for the ensuing year; to re-approve the stock option plan of the company; to seek approval of Lowell Copper as new control person of 19.99% of the issued and outstanding common shares; and to transact such other business as may be brought before the meeting.


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