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Minaurum Identifies High-Grade Gold-Silver Targets at Jackie Project, Mexico; Shares Up 20%

By: MT Newswires
Posted: 5/15/2013 2:15:00 PM
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Minaurum Gold Inc. (MGG.V) announced the identification of four new target zones at its 10,783 hectare Jackie gold-silver project in Guerrero State, Mexico.

The skarn/porphyry project is located within 70 kilometres of the Guerrero Gold Belt and shares important geological characteristics with the mines of that district. The Jackie project was staked by David M. Jones who was responsible for the discovery of Goldcorp's Los Filos mine in the GGB.

"As Minaurum continues to drill permit its flagship Vuelcos del Destino project located in the Guerrero Gold Belt, we are pleased to continue advancing our other projects in the vicinity to the drill stage," commented Darrell Rader, President and CEO of Minaurum. "At Jackie, we are pleased to have discovered several GGB style targets as well as returning significant high-grade silver and gold results."

MGG shares gained 1.5 cents to $0.09.