Minaurum Commences Drill Program at Alamos Silver Project
NEWS RELEASE
MINAURUM GOLD INC.
FOR RELEASE: September 5, 2018 TRADING SYMBOL TSX.V:MGG
(MGG 2018 – NR #5)
Minaurum Commences Drill Program at Alamos Silver Project
Minaurum Gold, Inc., (“Minaurum”) is pleased to announce that it has resumed drilling at the Alamos
Silver project in Sonora, Mexico. The minimum 5,000-m drill program will focus primarily on seven
untested vein targets exposed at high structural levels in down -dropped blocks outside of the historic
mining corridor. These holes are also aimed to cut blind veins that may be present between the surface-
exposed veins. The program follows on 2017’s eight-hole, 2770-m drill campaign, which resulted in the
intersection of 8.25 m averaging 1,760 g/t (57 opt) silver, 1.6% copper, 1.5% lead and 2.6% zinc in the
Europa-Guadalupe vein (see Minaurum News Release dated January 18, 2018).
“We are excited to follow up on last year’s highly successful vein intersection by testing a number
of similar high-level veins that we have mapped in, and on the margins of , down-dropped blocks
outside of the historic mining corridor,” stated Darrell Rader, President and CEO of Minaurum. “We’ll
focus on these new veins to determine the footprint of the overall Alamos District, which appears to
be much larger than previously thought , and could well hold more veins of the width and grade
mined historically. Our approach is to find and prioritize an inventory of veins before drilling them
off.”
The 2017 holes were collared in the area of historical production, near the Minas Nuevas, La Quintera,
and Promontorio mines (Figure 1) . Hole AL17 -007 tested an area away from historical mining and
presented the major success of 2017, intersecting 8.25 m averaging 1,760 g/t (57 opt) silver, 1.6% copper,
1.5% lead and 2.6% zinc in the Europa-Guadalupe vein, more than 300 m down -dip from its surface
exposures. In addition, hole AL17 -007 intersected sev eral zones of veining with no known surface
expression (“blind” veins) in a down-thrown (“piano-key”) block.
The new program will continue th e approach of dri lling targets away from the historical production
corridor by first testing the northern portion of the project area. One hole will test the Minas Nuevas vein
at depth and a second hole will test the Púlpito and Cotera vein zone projections. Eight more holes are
planned on targets on the completely virgin eastern side of the hi storic La Quintera - Promontorio vein
zone, including the Tigre, Ana, and Amalia vein zones, and the breccia body located south of Amalia and
Tigre; as well as the Promontorio Sur vein zone to the south of Promontorio vein. The drill program will
be expanded as new targets are generated.
Figure 1. Major known vein zones to be drill-tested in 2018, and 2017 drill collars and surface projections, Alamos project. Note
that 2017 drilling was concentrated in two relatively small areas close to the corridor of historical production. Hole AL17 -007
drilled away from the historical mining zone and intersected the Europa-Guadalupe vein: 8.25 m vein grading 1,760 g/t Ag. 2018
drilling will focus on out -lying newly mapped and sampled high -level vein zones with no significant historical production. UP
and DOWN refer to up-thrown and down-thrown fault blocks, respectively; STEP denotes blocks that are intermediate between
up and down.
Minaurum Gold Inc. (MGG | TSX Venture Exchange; MMRGF | OTC; 78M Frankfurt) is a
Mexico-focused explorer concentrating on the high-grade Alamos Silver project in southern Sonora State.
With a property portfolio encompassing multiple additional district -scale projects, Minaurum is managed
by one of the strongest technical and finance teams in Mexico. Minaurum's goal is to continue its
founders' legacy of creating shareholder value by making district -scale mineral discoveries and executing
accretive mining transactions. For more information, please visit our website at www.minaurum.com and
our YouTube 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 protected]
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news
release.
___________________________________________________________________________
2300 – 1177 West Hastings Street Telephone 778 330-0994
Vancouver, BC V6E 2K3 www.minaurum.com
Stephen R. Maynard, Vice President of Exploration of Minaurum and a Qualified Person as defined by National
Instrument 43-101, reviewed and verified the assay data, and has approved the disclosure in this News Release.
Cautionary Note Regarding Forward Looking Statements: Certain disclosures in this release constitute forward -
looking information. In making the forward -looking statements 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 statements 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 statements. Readers are cautioned not to place
undue reliance on forward-looking statements. Minaurum does not intend, and expressly disclaims any intention or
obligation to, update or revise any forward -looking statements whether as a result of new information, future events
or otherwise, except as required by law.
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 are sawed
in half and then bagg ed in a secure facility near the site, and then shipped by a licensed courier to ALS Minerals'
preparation facility in Hermosillo, Sonora, Mexico . ALS prepares the samples, crushing them to 70% less than 2
mm, splitting off 250 g, and pulverizing the split to more than 85% passing 75 microns. The resulting sample pulps
are prepared in Hermosillo, and then shipped to Vancouver for chemical analysis by ALS Minerals. In Vancouver,
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 greater 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 laboratory; they have gold, silver, and base -metal values that are established by an
extensive analytical process in which several commercial labs (including ALS Minerals) participate. Standards test
the calibration of the analytica l 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 quartere d. The first quarter is the original sample, 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 fr om accepted values. To date, QC
sample analytical results have fallen in acceptable ranges on the Alamos project.