|September 20, 2012|
Multiple Copper-Gold-Silver Skarn Zones Discovered at Adelita Project
|Minaurum Gold Inc. ("Minaurum") is pleased to report that Ocean Park Ventures Corp ("Ocean Park") has successfully made multiple new skarn discoveries at the Adelita project. (see Ocean Park News Release dated September 20, 2012) These include:|
Figure 1: Map of Expanded claim boundaries of Adelita property and location of new copper-gold-silver occurrences. Assay results summarized by location.
Ocean Park can earn a 51% interest in the Adelita project by incurring cumulative expenditures of US$1,425,000, Ocean Park issuing common shares and cash payments to Minaurum by December 31, 2012. Ocean Park can earn up to a 75% interest in the Adelita Project by completing and funding a feasibility study. (see Minaurum News Release dated February 15, 2011).
Minaurum Gold is focused on gold- and silver-dominant projects in Mexico that have "district-scale" exploration potential. Minaurum is currently focusing its exploration efforts in the 15 million-ounce Guerrero Gold Belt. Drilling was recently completed at the Corazonada silver-zinc skarn project in Morelos state, assays are pending. Drill permitting is ongoing at both Vuelcos del Destino and the Santa Marta Gold-Copper project. For more information, please visit our website at www.minaurum.com and our You Tube Minaurum Video Channel.
ON BEHALF OF THE BOARD
"Darrell A. Rader"
Darrell A. Rader
President and CEO
For more information, please contact:
Sunny Pannu -- Investor Relations Manager
(778) 330 0994 or via email at email@example.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
1500 - 409 Granville St.
Vancouver, BC V6C 1T2
Telephone 778 330-0994
Forward Looking Statement: Some of the statements contained in this press release are forward-looking statements. Forward-looking statements are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control, including, but not exclusively, statements regarding potential mineralization, exploration results, completion of work program and studies, and future plans and objectives of the Company. Resource exploration, development and operations are highly speculative, characterized by a number of significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from the failure to discover mineral resources but from finding mineral deposits which, though present, are insufficient in quantity and quality to return a profit from production.
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