Vancouver, British Columbia--(Newsfile Corp. - May 24, 2017) - Minaurum Gold, Inc. (TSXV: MGG) ("Minaurum") is pleased to announce that it has identified two new well-mineralized vein systems with the highest grade sample returning 1,085 g/t silver, at its Alamos Silver Project (previously known as La Quintera) in southern Sonora State. The newly identified Europa-Palomas and Tigre veins lie in down-faulted blocks 400 to 600 metres to the west and east, respectively, of the upthrown Quintera Block, which has already yielded 200 million ounces of silver. To better reflect Minaurum's broadened focus on a growing inventory of nearly virgin vein targets flanking the historic mines of the La Quintera Vein, the project has been renamed the Alamos Silver Project.
"We are very pleased to continue finding well-mineralized vein structures in what we now recognize as down-faulted blocks flanking the elevated Quintera block, that provided virtually all of the project's 200 million ounce silver historical production", stated Darrell Rader, Minaurum Gold's President and CEO. "Our new piano-key structural model indicates that these veins are exposed at a high level and that intact silver shoots may lie at only a few hundred metres depth. We are currently rehabilitating access roads in anticipation of an initial drill program."
Europa-Palomas Vein:
The Europa-Palomas vein system lies 800 metres west of the Quintera Block, between 250-500 metres west of the previously mapped Nueva Europas vein. It has been traced for more than 1.4km along its NNE-SSW strike and remains open to the north and south. Vein samples have returned values ranging from 226 to 259 g/t Ag and dump samples range from 177 to 1,085 g/t Ag. The veins cut the andesite agglomerate and tuffs that characterize the down-dropped blocks on both sides of the upthrown Quintera Block. At the Europa prospect, granite appears in the vein's footwall (please see Figure 1). Highlights of Minaurum sampling at Europa-Palomas are presented in Table 1.
Table 1. Highlights of sampling in Europas-Palomas area.
| Sample | Company | Sample Type | Width (m) | Ag g/t | Au ppb | Cu % | Pb % | Zn % |
| 101192 | Minaurum | Dump Select | 2.0 | 177 | 12 | 0.45 | 0.65 | 1.79 |
| 101632 | Minaurum | Dump Select | 262 | 47 | 0.23 | 0.16 | 1.00 | |
| 926012 | Minaurum | Dump Select | 2.0 | 1085 | 135 | 1.31 | 3.12 | 5.29 |
| 926090 | Minaurum | Chip | 0.9 | 258 | 30 | 0.29 | 1.00 | 0.49 |
| 926097 | Minaurum | Chip | 1.0 | 259 | 7 | 0.32 | 0.30 | 0.72 |
| 926102 | Minaurum | Chip | 1.3 | 226 | 40 | 0.33 | 0.83 | 0.81 |
| 926129 | Minaurum | Chip | 0.9 | 255 | 42 | 1.38 | 0.98 | 0.97 |
Tigre Vein:
The base-metal rich Tigre vein occupies a strong topographic trend that has been traced for over 1 km along a NNE-SSW trend, about 500m east of the previously recognized Amalia vein system (please see Figure 1). Vein outcrop samples from Tigre report values ranging from 18 to as high as 438 g/t Ag with high base-metal values. Host rocks are the typical andesite volcanics of the down-dropped blocks flanking the Quintera Block. A few ancient prospects dot the vein trace, but there are no significant workings. Sample highlights are presented in Table 2.
Table 2. Highlights of sampling at the Tigre vein target.
| Sample | Company | Sample Type | Width (m) | Ag g/t | Au ppb | Cu % | Pb % | Zn% |
| 3757 | Minaurum | Outcrop Chip | 0.8 | 438 | 106 | 0.27 | 1.43 | 2.16 |
| 3758 | Minaurum | Outcrop Chip | 0.9 | 20 | 181 | 0.03 | 1.63 | 11.55 |
| 3766 | Minaurum | Dump Select | 21 | 220 | 0.03 | 0.74 | 6.36 | |
| 1120637 | Historical | Outcrop Chip | 0.8 | 254 | 110 | 0.14 | 0.90 | 1.90 |
| 1120726 | Historical | Outcrop Chip | 2.0 | 31 | 142 | 0.08 | 0.56 | 2.04 |
| 1120727 | Historical | Outcrop Chip | 1.5 | 18 | 494 | 0.02 | 2.01 | 1.12 |
Figure 1. Geological Map of Target Vein Zones at the Alamos Silver Project
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.
Minaurum, a Mexico-focused explorer concentrated in southern Sonora State, the Oaxaca-Chiapas Region, and the Guerrero Gold Belt, 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 finding new 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 (https://www.youtube.com/user/minaurumgold).
