BIRICU
| Gold | Gold |
|---|---|
| Nearest City | Chilpancingo |
| Nearest Major Mining Projects | Equinox's Los Filos & El Bermejal mine Torex Gold’s El Limon/Guajes mine and Media Luna mines Argonaut Gold’s Ana Paula mine Alamos Gold’s Esperanza deposit Telson Mining's Campo Morado mine |
| Development Stage | Greenfields exploration; 9,587m drill program completed |
| Geology | Skarn-Porphyry |
| Land Package | 16,304 has |
| Exploration Highlights | Hole GV2014-011 - 26.98 m grading 1.07 g/t gold and 0.29 g/t silver, including a zone of 6.85 m grading 2.78 g/t gold and 0.92 g/t silver Hole GV2014-002 - 1.1 m grading 1.1 g/t gold Hole GV2015-015 - 1.19 m grading 1.1 g/t gold Hole GV2014 009 - 1.68 m grading 0.83 g/t gold and 3.10 g/t silver |
| Access & Infrastructure | Excellent infrastructure with paved roads, power grid and mining labour force |
| Project Interest | 100% Owned |
Biricu project is located the Guerrero Gold Belt (“GGB”) which has seen several million ounces of gold discovered along this mineralized trend since the 1990s which continues to increase with further brownfields resource expansion and new greenfields discoveries. Biricú’s proximity and geological resemblance to the Los Filos-Bermejal-Nukay gold mines in the GGB led Alamos Gold to stake the Biricú project concessions in 2010. They were subsequently optioned to Guerrero Ventures in 2012. Minaurum loaned Guerrero Ventures funds to explore Biricú in exchange for a controlling interest in the project in 2016. In 2019, Minaurum acquired a 100% interest in the Biricu project