What happened? No more pictures / videos.
Everything died out including this board.
I believe everyone is waiting to see what the claims maybe and when they may be disposed .of and if there anything left to distribute to shareholders. Hopefully if there are no disputes we should know something on the status I would surmise by the middle of April. JMO . Other than that Auryn should also be shortly in the position to start processing ore. Just waiting to hear that as well.
| Phase 1: Asset Control | In Progress |
|---|---|
| Phase 2: Claims Process | In Progress - Claims Bar Date: February 15, 2026 |
| Phase 3: Claims Determination | Upcoming |
|---|
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Nice to see you back Karl
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Thanks for posting Karl. Patience is required. This is where validity of claims is evaluated.
… Afterwhich, More patience is required: Phases 4 through 6—Administration, Distribution Planning, and Final Closeout—remain in Pending status.
The good news is, tweaking of the mill will likely have been completed and initial production reports are rolling in by this time. Share price should be higher with FCF beginning, resulting in a greater value to the allocated distribution to shareholders.
EM
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I Agree, I think we’ve beaten this poor horse to death with all sorts of things… im beginning to feel sorry for it 
News should be coming shortly… then, the real beatings will begin 
Little more time..GC
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If mdmn would have waited to go into receivership until after mining started and AUMC shares went up it wouldn’t seem like we’d owe as many shares as now
Who or what exactly are the creditors mdmn owes? Has MC been covering its costs? Will be interesting to see who gets what
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Kind of sad we never received any updates from conference. Thought maybe we would get some feedback back or updates on the plant operation.
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Tomorrow it is April so we should get a quarterly update soon.
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I love waiting on pins and needles not knowing if our mdmn shares are safe. Its a great feeling.
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I don’t know if anyone else looked at this:
https://www.otcmarkets.com/file/company/financial-report/547167/content
Only thing I noticed was this part:
“The Company holds a mining option contract with a related party. Pursuant to the agreement with that party, they would incur all expenses related to the exploration and exploitation of minerals. Auryn Mining will not repay those expenses. When minerals are found and sold the profits will reimburse the related party for all expenses incurred before profits are shared with Auryn Mining. As of December 31, 2025, the related party has incurred approximately $15,974,074 in expenses. These funds will not be refunded or repaid by the Company and are not payables of the Company and have therefore been excluded from the income statement for the years ended December 31, 2025.”
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Hoping we see some light.
Q1 update should be coming soon. Looking forward to that. Also - Winter Is Coming to the ADL…
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No more pics, updates on equipment testing or what happened at PDAC. Conference. Dead silence after so much build up. Winter coming in SA
Here we are again
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They started initial testing of the flotation plant around February 21st. The testing phase can easily take up to 12 weeks to complete. Till the plant is actually producing gold, wouldn’t expect there would be much to report. However, a couple of new photos of the plant being tested wouldn’t hurt at this point.
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Exactly on the photos, these guys have gone awol the past month.
When you’re talking about testing, wouldn’t it be interesting at least to hear some data on the testing? For example, if they’re throwing 15% ore in there and getting 14% gold out, wouldn’t that be interesting? I should think so. I’d also like to hear about HOW they’re proceeding in their testing - just out of interest - and it would certainly be interesting to hear what the plans are for the earnings going forward. Not to mention the status of the proceeding in Nevada. Lots to talk about indeed.
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You are invested in the wrong stock if you are expecting earnings or any other financial guidance with any sort of granularity. At least for the foreseeable future. Maybe Maurizio will take a stab at guesstimating earnings after he’s been paid back but I think the best you’re going to get is a very wide ranging forecast of annual ounces of production (3-7k oz ?). It’s pretty hard to model financials when you don’t know grade, tonnage, and direction. Same goes for AISC.
Based on the “rigid” analysis offered on this board investors should be expecting the highest grading, lowest costing mine in the world. An amazing feat in the absence of a PEA/FS, mine plan, etc and unmechanized, microscopic scale connected to the world via a winding dirt road an at “ripe” elevation with heady seasonal factors.
They haven’t even disclosed the details of key items like the terms of the “debt/service” financing How about an offtake agreement? Initially, the size and scale of the project/production will be so small that they might be able to manage the logistics, sale and settlement on their own but this will eventually be addressed.
I’ll go out on a limb (happy to eat my words), based solely on my perspective, no communication with Maurizio year to date. Given that the co was guiding to plant construction completion in the Jan update and testing/early commissioning to begin post receipt of permits (box checked many weeks/months ago), the lack of pictures and/or a brief update re: official “kickoff” is likely a result of a snag/delay. AUMC tends to put out updates/ Tweets, as long as they are positive, every chance they get. Silence would be the opposite but having to work thru issues, both large and small are not uncommon at this stage.
Guess we’ll learn soon enough.
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Really? Then why waste your time here? It is obvious to me why MC is pursuing this low capital high grade opportunity by self booting the DL project. It is widely recognized the “sweet spot” for investing in the junior miners is to patiently wait until a junior has entered into where we are at in the construction phase of a mining project. This occurs immediately prior to its transitioning into production and initial reported earnings. You’ll recall that AUMC has reached a major milestone on January 8, 2026, when it completed the first official blast in the Northwest drift. This event marked the project’s official transition from development into ore production. Also previously announced, in December 2025, crews successfully connected the lower 1847 level to the upper 1913 level.
Auryn is planning to use sub-level stoping for ore extraction at the Fortuna Project. The newly commissioned froth flotation plant is designed for processing high-grade sulfide ores from both the Fortuna and Caren projects containing gold, silver, and copper. The hi-grade DL2 vein will be mined first, while the geology team has mapped several other parallel epithermal veins—including Merlin 1 and Merlin 2—which may be accessed through future horizontal extensions of the tunnel network. What I’m looking forward to is the current priority that actually uses disciplined engineering required to bring those veins into a predictable production cycle. Shareholders can look forward to an exciting and productive year ahead.
EM
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Following up on a topic I touched on previously; some of the locals are not happy with the new mining project on the Alto. (No surprise.)
A local radio station was involved back on March 21st. See translation below. Super interesting that they are calling it a “Mega Mining Project”!! 
I haven’t found any follow up about it since that time.
Radio Fm Music Curacaví
otdnesproSa7a1t5a8i323Au6MMh9mu0taica1mr 1 ct6h :6ua1u 31439 ·
Meeting between councilors and environmental organizations to address mining project “Auryn”
During these days, neighbors and environmental organizations have reported the installation of a rail tank in the Caren Alto sector, where water flows into the Puangue steroids are born, which could cause water pollution and the destruction of native trees.
In this context, on Thursday a meeting was held between representatives of environmental organizations and councilors of the communes of Curacavi and Lampa. The aim was to make the installation of a mega mining project called “Auryn”, which, according to warn, threatens both territories.
During the meeting, records were handed over to the authorities, so that they are aware of the situation and can coordinate joint actions facing this scenario.
The Auryn company belongs to the mining sector and is engaged in the exploration and development of deposits. It has a presence in Chile, specifically in the commune of Lampa, in the Metropolitan Region. In addition, it controls thousands of hectares of mining concessions in the Altos de Lipangue district, close to Santiago.
The company is linked to the matrix Auryn Holdings Corporation, of Peruvian capitals. In Chile, it operates through its subsidiary Auryn Mining Chile, created to develop projects such as Altos de Lipangue, currently in the exploration stage and mainly focused on the central area of the country.
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