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News Releases

Minaurum Appoints Vice President of Exploration and Announces Option Grant

December 3, 2010

Minaurum Gold Inc. (the "Company" or "Minaurum") announces that it has appointed Stephen Maynard, MS, as vice-president of exploration.

Mr. Maynard has been working as an exploration geologist for over 30 years and has been part of geological teams that have made several significant discoveries, including the 1.5-million-ounce gold Efemcukuru deposit in Turkey and Metallica Resources' three-million-ounce gold Cerro de San Pedro deposit in Mexico. Mr. Maynard has significant experience with orogenic gold, volcanogenic massive sulphide and epithermal systems. Over the last year, Mr. Maynard has been acting as the chief geological consultant to Minaurum.

Minaurum has also granted 1,375,000 incentive stock options under its stock option plan to directors, officers and consultants. The options are exercisable on or before Dec. 3, 2015, at a price of 76 cents per share.

ON BEHALF OF THE BOARD

"Darrell A. Rader"

Darrell A. Rader
President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.


1500 - 409 Granville St. 
Vancouver, BC V6C 1T2
Telephone 778 330-0994
info@minaurum.com
www.minaurum.com

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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