02:02 PM EDT, 04/09/2024 (MT Newswires) -- Minaurum Gold ( MMRGF ) on Tuesday reported positive preliminary metallurgical testing results from composites of core samples taken at the Promontorio and Europa targets at its fully production-permitted Alamos Silver Project in the State of Sonora, Mexico.

The results confirmed high-grade silver and gold recoveries, even with low-grade material exhibiting impressive recoveries from flotation.

Also, the company said six separate composites from Europa and Promontorio vein zones were tested.

Additionally, silver recoveries ranged from 83.5% to 94.3% for five of the six core composites. Gold recoveries ranged from 68.9% to 96.5% in five composites with detectable gold.

Two separate independent labs conducted the tests, the company noted.

"These metallurgical results from sulfide-bearing mineralization show excellent silver and gold recoveries and represent another de-risking milestone at the Alamos silver project," Darrell Rader, chief executive of Minaurum Gold ( MMRGF ), said in a release. "We plan to continue refining the metallurgical results and optimize recoveries through added wash times, additional circuits and the adjustment of reagents."

Minaurum were last seen down C$0.005 to C$0.30 on the TSX Venture Exchange.