Minaurum Expands Alamos to 16,134 Hectares; Discovers Three New Veins
NEWS RELEASE
MINAURUM GOLD INC.
FOR RELEASE: August 28, 2018 TRADING SYMBOL TSX.V:MGG
(MGG 2018 – NR #8)
Minaurum Expands Alamos to 16,134 Hectares; Discovers Three New Veins
Minaurum Gold, Inc., (“Minaurum”) is pleased to announce that it has acquired the 10,159-ha La
Quintera 3 claim and the 400-ha Yoreme claim, expanding its Alamos Silver Project in Mexico to 16,134-
has. Initial mapping and sampling has revealed three vein systems on the Yoreme claim measuring
between 900 m to 1800 m long. Vein sampling has returned grades ranging from anomalous up to 250 g/t
Ag, 1.29% Cu, 4.74% Pb, and 1.99% Zn.
“With the newly found Yoreme veins, we have outlined a vein swarm of 12 prominent and separate
veins within an overall corridor measuring 10 km long and 2.7 km wide at Alamos.” stated Darrell
Rader, President and CEO of Minaurum. “The new claims not only triple the size of our holdings
but also ensure that we control the strike of all known vein s, greatly expanding the impressive
untested exploration potential at Alamos.”
YOREME CLAIM
Three principal northeast-striking, steeply northwest -dipping veins crop out in the Yoreme concession.
Taken together, the veins have a combined strike l ength of more than 4.3 km . Surface rock sample assay
values for silver, zinc and lead are shown in Figures 1-3 and listed in Table 1.
San Manuel Vein
The San Manuel vein averages 1 m wide on surface and has been traced for 1.1 km . Old workings on it
include two shallow shafts and a bulldozer cut. Two 1-meter chip samples at San Manuel returned 250
g/t Ag and 99 g/t Ag.
El Crestón Vein
The 1.8 km-long El Crestón vein is cut by several NW -trending left-lateral faults with offsets of 10-20
metres. There is a small historic shaft on the vein where a dump sample assayed 19.8 g/t Ag and 1.52%
Pb. A 2.0-m chip sample of the vein assayed 50.5 g/t Ag, 4.74% Pb, and 1.47% Zn.
Carrera Vein
The 900 m-long Carrera vein measures up to 2 m in outcrop width and is only lightly prospected. Limited
exploration on the vein returned a 0.3-m chip sample grading 14.7 g/t Ag and 1.78% Pb. Chip samples up
to 2.0 m in length assayed between 0.10% and 1.29% Cu.
Table 1. Rock geochemical sampling, San Manuel, El Creston and Carrera vein zones.
Vein zone Type Width
(m) Lithology Ag g/t Au ppb Cu % Pb % Zn %
San Manuel Dump Porphyry w/ quartz veinlets 21.1 129 0.02 0.38 1.17
San Manuel Grab 1.0 Aplite 2.9 6 0.00 0.07 0.22
San Manuel Chip 1.0 Fault zone 250.0 0.5 0.02 0.12 0.19
San Manuel Chip 1.0 Monzonite 99.0 2 0.01 0.05 0.23
El Creston Dump Dump 8.9 212 0.38 0.73 0.50
El Creston Chip 0.5 Vein breccia 13.0 97 0.22 1.08 0.49
El Creston Chip 0.6 Vein 4.0 255 0.08 0.87 0.35
El Creston Dump Vein 19.8 871 0.23 1.52 0.39
El Creston Chip 2.0 Vein 10.3 63 0.34 0.85 0.34
El Creston Chip 1.5 Vein 28.6 56 0.09 0.61 0.59
El Creston Chip 2.0 Vein breccia 6.6 347 0.22 0.26 1.99
El Creston Chip 0.3 Vein 5.3 25 0.01 3.45 0.20
El Creston Chip 1.5 Volcanic breccia 14.3 15 0.02 0.23 0.51
El Creston Chip 2.0 Andesite 50.5 116 0.04 4.74 1.47
El Creston Chip 0.6 Volcanic breccia 6.7 287 0.13 0.35 0.97
El Creston Chip 1.2 Vein 12.2 59 0.12 0.25 0.42
El Creston Chip 2.0 Monzonite 14.2 346 0.07 0.55 0.44
El Creston Chip 1.0 Fault zone 19.9 56 0.08 1.20 0.21
Carrera Chip 0.3 Vein 14.7 268 0.09 1.78 0.17
Carrera Chip 0.6 Monzonite 10.1 94 0.21 0.74 0.29
Carrera Chip 1.0 Vein 8.5 41 0.19 0.07 0.10
Carrera Chip 1.5 Vein 3.1 6 0.14 0.10 0.09
Carrera Chip 1.1 Vein breccia 7.6 15 0.31 0.17 0.15
Carrera Chip 2.0 Vein 9.1 66 0.15 0.14 0.10
Carrera Chip 0.2 Vein 5.5 7 1.29 0.04 0.05
Figure 1. Silver in rock samples, Yoreme concession. Figure 2. Lead in rock samples, Yoreme concession.
Please click on map image hyperlinks to view in full size.
Figure 3. Zinc in rock samples, Yoreme concession.
LA QUINTERA 3 CONCESSION
The 10,159 -hectare La Quintera 3 concession lies to the south and southeast of the original Alamos
project area. A reconnaissance mapping and sampling program is planned for the concession starting in
the Fall of 2018.
Figure 4. Newly acquired Quintera 3 and Yoreme concessions, Alamos Project.
CLAIM ACQUISITION COSTS
The 400 -hectare Yoreme concession was acquired for a one -time payment of CDN$28,000. The
concession title was issued in 2010 and is valid for 50 years. The La Quintera 3 concession was acquired
through staking.
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 fin ance 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, f uture 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. Co re samples are sawed
in half and then bagged 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
2mm, splitting off 250g, 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 sample s. 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. Standar ds 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 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 sampl e results are inspected for deviation from accepted values. To date, QC
sample analytical results have fallen in acceptable ranges on the Alamos project.