Oceanus Announces Appointment of Vice President, Investor Relations and Provides El Tigre Exploration Update
NEWS RELEASE
Oceanus Announces Appointment of Vice President, Investor Relations
and Provides El Tigre Exploration Update
HALIFAX, NOVA SCOTIA – October 18, 2017 – Oceanus Resources Corporation (TSXV:OCN and
OTCQB:OCNSF) ("Oceanus" or the “Company”) is pleased to announce the appointment of Ms. Tania
Shaw to the position of Vice President, Investor Relations.
Ms. Shaw has held positions in Investor Relations of increasing responsibility in the mining sector for
over twelve years. These include positions wit h Detour Gold Corporation, Primero Mining Corp. and
most recently Roxgold Inc. She is a standing member of the Canadian Investor Relations Institute and
obtained her Certified Professional Investor Relations (“CPIR”) designation in 2013.
“We are delighted to welcome Tania to the Oceanus team at this important early stage of the Company ,”
stated Glenn Jessome, President an d CEO. "Having Tania on board will allow us to e xpand our reach to
shareholders and the analyst community as we educate the market on the El Tigre property, with the
ultimate goal of increasing shareholder value.”
“I am excited to join this team of seasoned mine finders, and f eel that we are just beginning to scratch the
surface at El Tigre,” comm ented Tania Shaw, Vice President, Investor Relations. “As we c ommunicate
the Company’s plans and vision to the financial community, I am confident that we will unlock
shareholder value for current and future shareholders of the Company.”
El Tigre Exploration Update
While in the process of mapping and sampling both the surface and underground exposures of the Caleigh
and Protectora veins, the Oceanus exploration team has discovered several new veins located
approximately 150 met ers north of and parallel to the Caleigh vein. A drill rig is scheduled to arrive
onsite the last week of October and the first drill holes will be collared in the vicinity of H ole ET-17-144
to follow-up on the high-grade gold, silver and base metals in the Caleigh vein. Hole ET-17-144 returned
3.15 meters of 36.6 g/t gold equivalent from a depth of 88.25 meters to 91.40 meters consisting of 10.1 g/t
gold and 1990.9 g/t silver. This intercept included 0.85 meters of 135.1 g/t gold equivalent consisting of
37.2 g/t gold and 7,338.9 g/t silver , as well as, 2.84% copper, 4.06% zinc and 1.38% lea d. Hole ET -144
also returned 1107.36 g/t silver and 0.024 g/t gold over 1.5 meters from a depth of 188.65 meters to
190.15 meters. Refer to Oceanus press releases dated June 7 and June 29, 2017.
Qualified Person
David R. Duncan, P. Geo., V.P. Exploratio n of the Company, is the Qualified Person for Oceanus as
defined under National Instrument 43 -101. Mr. Duncan has reviewed and approved the scientific and
technical information in this press release.
About Oceanus Resources Corporation
Oceanus Resources Corporation is a gold exploration company operating in Mexico. Oceanus is managed
by a team of mine finders with extensive experience in exploring and developing large hydrothermal gold
projects in Mexico. Oceanus is currently drilling and exploring the El Tigre Property in the Sierra Madre
Occidental in Sonora, Mexico.
For further information, please contact:
Glenn Jessome Tania Shaw
President and CEO VP Investor Relations
902 492 0298 416 419 2750
[email protected] [email protected]
CAUTIONARY STATEMENT:
Neither 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 release.