Oceanus Resources Launches ON Vrify and Will Be Exhibiting at the San Francisco Silver & GOLD Summit and New Orleans Investment Conference
NEWS RELEASE
OCEANUS RESOURCES LAUNCHES ON VRIFY AND WILL BE EXHIBITING
AT THE SAN FRANCISCO SILVER & GOLD SUMMIT AND
NEW ORLEANS INVESTMENT CONFERENCE
HALIFAX, NOVA SCOTIA – October 25, 2019 – Oceanus Resources Corporation (TSXV:OCN and
OTCQB:OCNSF) ("Oceanus" or the “Company”) announces that it is now live on VR IFY, a platform being
used by companies to communicate with investors using 360° virtual tours of remote mining assets, 3D
models and interactive presentations.
VRIFY Presentation and Deck
VRIFY is a platform being used by companies to communicate with investors using 360° virtual tours of
remote mining assets, 3D models and interactive presentations. VRIFY can be accessed by website and with
the VRIFY iOS and Android apps.
Access the Oceanus Company Profile on VRIFY at: https://vrify.com/explore/companies/oceanus-
resources-corporation
View the 360° virtual tour of the El Tigre Project and interactive 3D model at:
https://vrify.com/explore/projects/481/sites/4091
The Silver & Gold Summit 2019 VRIFY Deck presentation can be viewed at:
https://vrify.com/explore/decks/492
The VRIFY Presentation and VRIFY Deck can also be viewed on the Oceanus website at:
https://www.oceanusresources.ca/
Conferences
Oceanus is attending The Silver & Gold Sum mit, October 27 -28, 2019, being held at the Hyatt Regency, 5
Embarcadero Center, San Francisco, CA. Conference attendees are invited to visit with Oceanus
Management at B ooth 307. Oceanus’ CEO, Glenn Jessome, is presenting at the conference on Monday,
October 28th at 11:50 am PST. For more information please visit: https://cambridgehouse.com/silver-gold-
summit
Oceanus Management is also attending the 2019 New Orleans Investment Conference, Novem ber 2 -4,
2019, being held at the Hilton New Orleans Riverside. This year marks the 45 th anniversary of this
conference. Conference attendees are invited to visit with us at Booth 317. For more information please
visit: https://neworleansconference.com/
Exploration Update
Following the completion of the El Tigre resource estimation in September 2017, Oceanus directed its
exploration efforts during 2018 at identifying other areas of gold -silver mineralization across the expansive
property holdings (21,774 hectares). The 2018 prospecting and mapping program identified in excess of 10
kilometers of favorable host stratigraphy (i.e. the El Tigre formation) with several areas of mineralization
identified to th e south, east and north -east of the old El Tigre Mine. The El Tigre formation is the rock
package that hosts the historic El Tigre Mine, which operated from 1903 to 1938, and was reported to have
produced a total of 353,000 ounces of gold and 67.4 million ounces of silver from 1.87 million tonnes
averaging 7.54 g/t gold and 1,308 g/t silver (Steven D. Craig, B.A., M.Sc., P. Geo. 2012).
Oceanus' drilling after filing its’ 43-101 compliant resource estimate intersected similar -style gold -silver
mineralization in the El Tigre formation at the Protectora, Caleigh (new discovery by Oceanus) and
Fundadora (exploration drifting by Anaconda Mining in 1983) areas to the north of th e old mine, as well as
to the south, past Gold Hill (refer to map below). Drilling t o the north of the old mine late in 2017 returned
the following impressive gold-silver intercepts:
Hole ID Comment From To Length(1) Au Ag AuEq(2)
(meters) (meters) (meters) (g/t) (g/t) (g/t)
ET-17-144 88.25 91.40 3.15 10.1 1,990.9 36.6
including 88.25 89.10 0.85 37.2 7,338.9 135.1
and 188.65 190.15 1.50 0.024 1,107.3 14.8
ET-17-145 28.50 29.25 0.75 10.9 2,830.4 48.7
ET-17-148 90.10 90.60 0.50 9.83 2,247.1 39.8
Notes to Table:
(1) True width has not been calculated for each individual intercept, but true width is generally
estimated at 75-90% of
drilled width. Metallurgical recoveries and net smelter returns are assumed to be 100%.
(2) Gold Equivalent (“AuEq75”) ratio based on gold to silver price ratio of 75:1 Ag:Au.
These diamond drill holes were some of the last holes drilled b y Oceanus with no follow up work in this
area having been undertaken. The Company has recently mobilized the exploration team back to the
property to continue prospecting a nd mapping, as well as, sampling in area of the Caleigh vein. The
objective of this program is to ready targets for a drill program.
Map of El Tigre Concessions
35 Km
6 Km
About Oceanus Resources Corporation
Oceanus Resources Corporation is a gold and silver exploration and development company operating in
Mexico, with 100% own ership of the 35-kilometre-long, royalty free El Tigre property located in Sonora . A
maiden resource estimate for the El Tigre project was reported on September 13, 201 7 and filed on SEDAR
on October 26, 2017 containing indicated resources of 661,000 gold equivalent ounces at 0.77 g/t (21 g/t
silver and 0.51 g/t gold) and inferred resources of 341,000 gold equivalent ounces at 1.59 g/t (88 g/t silver
and 0.52 g/t gold). The full National Instrument 43 -101 technical report is posted to the Company’s
website, and can also be accessed by clicking here. Oceanus is managed by a team of mine fi nders with
extensive experience exploring and developing large hydrothermal gold project s in Mexico. Oceanus is
currently exploring the El Tigre Property in the Sierra Madre Occidental.
For further information, please contact:
Glenn Jessome
President and Chief Executive Officer
Tel: 902 492 0298
Email: [email protected]
CAUTIONARY STATEMENT:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the po licies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
This News Release includes certain “forward-looking statements”. All statements other than statements of historical fact included in
this release, i ncluding, without limitation, statements regarding potential mineralization, resources a nd reserves, the ability to
convert inferred resources to indicated resources, the ability to complete future drilling programs and infill sampling, the ability to
extend resource blocks, the similarity of mineralization at El Tigre to the Ocampo mine, exp loration results, and future plans and
objectives of Oceanus, are forward -looking statements that involve various risks and uncertainties. Forward -looking statements are
frequently characterized by words such as “may”, “is expected to”, “anticipates”, “est imates”, “intends”, “plans”, “projection”,
“could”, “vision”, “goals”, “objective” and “outlook” and other similar words. Although Oceanus believes the expectations exp ressed
in such forward -looking statements are based on reasonable assumptions, there can be no assurance that such statements will
prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from Oceanus’s e xpectations include risks and uncertainties
related to exploration, development, operations, commodity prices and global financial volatility, risk and uncertainties of operating
in a foreign jurisdiction as well as additional risks described from time to time in the filings made by Oceanus with securities
regulators.