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Minaurum Announces Drill Results from New Vein Zone Target; Promontorio Sur at Alamos Silver Project

Drill Results

NEWS RELEASE

MINAURUM GOLD INC.

FOR RELEASE: July 15, 2025 TRADING SYMBOL TSX.V: MGG

Minaurum Announces Drill Results from New Vein Zone Target;

Promontorio Sur at Alamos Silver Project

Minaurum Gold Inc. (“Minaurum” or “the Company”) (TSXV:MGG) (OTCQX: MMRGF)

is pleased to announce results from the Promontorio Sur vein zone at its Alamos Silver Project

(“Alamos”) in Sonora, Mexico . The 1.5 km-long Promontorio Sur vein zone represents the

unmined southern continuation of the recently identified high-grade Promontorio “stacked”

vein zone. It is separated by a northwest trending, steeply southwest dipping fault that cuts four

separate substantial vein structures , including the Las Guijas vein zone where the widest high -

grade intercept drilled at Alamos returned 36.65 m of 328 g/t silver equivalent ‘AgEq’ (AL24-

117) at Alamos (see news release dated February 27, 2025).

Exploratory drilling at Promontorio Sur has intersected mineralization typically seen at high levels

of the Alamos vein system, indicating that high grade mineralization should be found at depth .

Results include 1.05 m of 272 g/t AgEq, which included 0.20 m of 617 g/t AgEq (304 g/t Ag)

and 2.65 m of 142 g/t AgEq, including 0.45 m of 300 g/t AgEq and a gold grade of 3.26 g/t Au

(AL19-020), followed by a wide interval of CRD replacement-type mineralization including 4.95-

m of 174 g/t AgEq that included 0.45 m of 536 g/t AgEq (5.41% Pb and 12.85% Zn) (see news

release dated August 22, 2019) (Table 1, Figures 1-4).

“The Promontorio Sur vein zone presents a compelling opportunity to unlock a previously

untapped section of the highest-grade stacked vein system within the Alamos Project. This

prolific vein system hosts the historic Promontorio Mine, which has produced over 70 million

ounces of silver, as well as the nearby La Quintera Mine —just 1 km to the north—which is

estimated to have yielded an impressive 100 million ounces of silver. With 1.5 km of known

strike length, Promontorio Sur represents one of the largest, virgin exploration targets at the

Alamos Silver project,” stated Darrell Rader, President and CEO of Minaurum Gold, “We look

forward to testing this target further.”

Quintera-Promontorio-Promontorio Sur Structural Trend

Promontorio Sur is the southernmost segment of the 3.5 km-long Promontorio-Quintera structural

trend. The Promontorio -Quintera trend and its and hosted veins are cut by a northwest -striking,

steeply southwest-dipping fault that cuts the high -grade Las Guijas vein. Displacement of the

faulted-off portion of Las Guijas is estimated to be at least 200 m, with the southwestern side of

the fault, including the Promontorio Sur zone, down -dropped relative to the northeastern side of

the fault. Horizontal displacement appears to be in the order of tens of metres.

The Promontorio Sur vein zone can be traced on surface for 1.5 km as quartz -carbonate veinlets

hosted in andesitic agglomerate. The veinlets are interpreted as representing high levels of the

epithermal system , with potential for high-grade mineralization at depth . Outcrop

geochemical sampling shows anomalous values of silver, gold, and base metals along the structure.

Minaurum drilling shows that the andesite overlies altered and mineralized limestone, with

mineralization occurring at a fault contact between volcanic rocks and limestone, as well as skarn

and replacement-type mineralization within altered limestone.

Drilling to date at Promontorio and Promontorio Sur also indicates a significant

skarn/carbonate replacement (CRD) mineralization hosted by limestone in the footwall of the

vein zones. The lead -zinc (gold) skarn/CRD event appears to have occurred later than the

epithermal silver-copper mineralization and represents a large target.

Further exploration of the Promontorio Sur zone will focus on drilling the faulted -off portion of

the Promontorio zone, Las Guijas vein as well as drilling under the area of the anomalous rock

geochemistry (Figures 1 - 4). The Promontorio Stacked Vein Zone contains multiple high -

grade veins, but remains significantly under explored, making it a target for systematic drill

testing.

Figure 1. Promontorio Sur Vein Zone, showing drill intercepts. Click image to enlarge.

Figure 2. Promontorio Sur vein zone in relation to the Promontorio-Quintera structural trend and Central Graben.

Holes AL24-124, AL24 -127, and AL24 -128 tested the Promontorio Sur zone between the

northwest fault and AL19 -020 (Figure 1 -4, Table 1). AL24 -124 cut 2.25 m of 134 g/t AgEq,

including 0.40 m of 434 g/t AgEq or 0.60% Cu, 3.15% Pb and 6.49% Zn . AL24 -127 and

AL24-128 each intersected <0.65 m mineralized intervals that assayed 3.04% to 9.12% combined

Pb and Zn.

Table 1. Assay highlights of holes AL24 -124, -127, and -128; and holes AL19 -020 and -024. Hole locations are

shown in Figure 1. Weight-averaged silver-equivalent grades are based on January 1, 2025 Kitco.com metal prices:

Ag $28.43/oz, Au $2, 565.68/oz, Cu $ 3.93/lb, Pb $ 0.86/lb, Zn $1. 32/lb. Results of holes AL19 -020 and -024 were

announced in a Minaurum new release dated 22 August 2019.

Hole From

(m)

To

(m)

Interva

l (m)

Ag

g/t

Au

g/t

Cu

%

Pb

%

Zn

%

AgEq

g/t

AL24-124

185.85 188.10 2.25 32 0.12 0.18 0.73 1.86 134

including

187.70 188.10 0.40 89 0.22 0.60 3.15 6.49 434

218.70 219.00 0.30 187 0.05 0.71 0.12 0.45 269

333.35 334.75 1.40 7 0.01 0.01 0.59 2.07 88

AL24-127

206.70 207.20 0.50 10 0.01 0.00 0.94 2.65 116

221.85 222.50 0.65 3 0.01 0.00 0.52 2.52 95

227.45 227.70 0.25 0.06 0.01 3.61 5.51 258

AL24-128 176.80 177.10 0.30 12 0.37 0.58 0.42 4.55 250

307.60 307.80 0.20 31 0.12 0.02 2.24 6.04 283

AL19-020

226.00 226.30 0.30 7 2.91 0.00 0.01 0.01 271

234.65 235.70 1.05 146 0.10 0.93 0.53 0.81 272

including

234.65 234.85 0.20 304 0.35 1.41 2.50 3.36 617

237.15 239.80 2.65 5 0.80 0.01 0.92 1.41 142

including

237.15 237.60 0.45 4 3.26 0.00 0.04 0.02 300

and

239.30 239.80 0.50 10 0.13 0.01 2.34 3.48 183

242.00 244.35 2.35 2 0.01 0.00 1.03 2.61 109

247.50 252.45 4.95 3 0.01 0.00 1.67 4.21 174

including

250.95 251.40 0.45 9 0.03 0.01 5.41 12.85 536

AL19-024 150.65 150.85 0.20 5 0.02 0.01 3.98 1.73 146

Figure 3. Longitudinal section of Promontorio Sur vein zone, looking ESE, showing areas targeted for drilling

Figure 4. Longitudinal section of Travesía – Promontorio – Promontorio Sur.

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Minaurum Gold Inc. (MGG | TSX Venture Exchange; MMRGF | OTC; 78M Frankfurt) is

an Americas-focused explorer concentrating on the high-grade 100% owned, production-permitted

Alamos silver project in southern Sonora, Mexico and the Lone Mountain CRD Project in Nevada,

USA. Minaurum is managed by one of the strongest technical and finance teams and will continue

its founders' legacy of creating shareholder value by acquiring and developing a pipeline of Tier -

One precious-and base metal projects.

ON BEHALF OF THE BOARD

“Darrell A. Rader”

Darrell A. Rader

President and CEO

For more information, please contact:

Sunny Pannu – Investor Relations and Corporate Development Manager

(778) 330 0994 or via email at [email protected]

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this

news release.

___________________________________________________________________________

1570– 200 Burrard Street Telephone: 1 778 330-0994

Vancouver, BC V6C 3L6 www.minaurum.com

[email protected]

Data review and verification: Stephen R. Maynard, Vice President of Exploration of Minaurum and a Qualified

Person (QP) as defined by National Instrument 43 -101, reviewed and verified the assay data, and has approved the

disclosure in this News Release. Verification was done by visual inspection of core samples and comparison to assay

results. Assay results have not been checked by re -analysis. No factors were identified that could materially affect

the accuracy or reliability of the data presented in this news release.

Analytical Procedures and Quality Assurance/Quality Control: Preparation and assaying of drilling samples from

Minaurum's Alamos project are done with strict adherence to a Quality Assurance/Quality Control (QA/QC) protocol.

Core samples from the 2024 program are sawed in half and then bagged in a secure facility near the site, and then

shipped by a licensed courier to ActLabs preparation facility in Zacatecas, Zacatecas, Mexico. ActLabs prepares the

samples, crushing them to 70% less than 2mm, splitting off 250g, and pulverizing the split to more than 85% passing

75 microns. The resulting sample pulps are prepared in Zacatecas, and then shipped to Vancouver for chemical

analysis by ActLabs. The pulps are analyzed for gold by fire assay and ICP/AES on a 50 -gram charge. In addition,

analyses are done for a 48-element suite using 4-acid digestion and ICP analysis. Samples with silver values greater

than 100 g/t; and copper, lead, or zinc values g reater than 10,000 ppm (1%) are re -analyzed using 4-acid digestion

and atomic absorption spectrometry (AAS).

Quality-control (QC) samples are inserted in the sample stream every 20 samples, and thus represent 5% of the total

samples. QC samples include standards, blanks, and duplicate samples. Standards are pulps that have been prepared

by a third -party laborator y; they have gold, silver, and base -metal values that are established by an extensive

analytical process in which several commercial labs (including ActLabs) participate. Standards test the calibration

of the analytical equipment. Blanks are rock material known from prior sampling to contain less than 0.005 ppm gold;

they test the sample preparation procedure for cross -sample contamination. In the case of duplicates, the sample

interval is cut in half, and then quartered. The first quarter is the original s ample, the second becomes the duplicate.

Duplicate samples provide a test of the reproducibility of assays in the same drilled interval.

When final assays are received, QC sample results are inspected for deviation from accepted values by the QP. To

date, QC sample analytical results have fallen in acceptable ranges on the Alamos project.

ActLabs is independent of Minaurum Gold and is independent of the Qualified Person.

Cautionary Note Regarding Forward Looking Information: This news release contains "forward -looking

information" within the meaning of applicable Canadian securities legislation. "Forward -looking information"

includes, but is not limited to, statements with respect to activities, events or developments that the Company expects

or anticipates will or may occur in the future. Generally, but not always, forward-looking information and statements

can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates",

"forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words

and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur"

or "be achieved" or the negative connotation thereof.

In making the forward -looking information in this release, Minaurum has applied certain factors and assumptions

that are based on Minaurum’s current beliefs as well as assumptions made by and information currently available to

Minaurum. Although Minaurum considers these assumptions to be reasonable based on information currently

available to it, they may prove to be incorrect, and the forward -looking information in this release are subject to

numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed

or implied in such forward-looking information.

Readers are cautioned not to place undue reliance on forward -looking information. Minaurum does not intend, and

expressly disclaims any intention or obligation to, update or revise any forward -looking information whether as a

result of new information, future events or otherwise, except as required by law.