Minaurum Gold adds 2,000 m to Aurena drill program
Minaurum Gold Inc (C:MGG)
Shares Issued 46,167,146
Last Close 3/25/2011 $0.85
Monday March 28 2011 - News Release
Mr. Darrell Rader reports
MINAURUM INCREASES DRILL PROGRAM AT AURENA GOLD PROJECT TO 5000M
Minaurum Gold Inc. has expanded the continuing core-drilling program on its 100-per-cent-owned flagship Aurena gold skarn project in Oaxaca state, Mexico, to 5,000 metres, up from 3,000 metres. The first 8 drill holes tested an area measuring 400m by 400m in the core of a surface gold geochemical anomaly 3 km long and 1.5 km wide. Sulphide-bearing skarn-altered metasedimentary rocks similar to those cropping out in the anomaly area have been cut in every hole. Assays are pending.
To date at Aurena, 2900 metres have been drilled and Minaurum anticipates drilling an additional 4 to 5 holes along the high-grade surface anomaly trend before testing outlying geochemical, geological, and geophysical targets. Assays of core samples will be released in batches of 3-4 holes with geologic interpretations of the results. Samples from the first two holes are in the laboratory undergoing analysis, samples from the remaining holes are being sent out weekly. The first results are expected in April.
Minaurum's initial target at Aurena is a high-grade gold-in-soil and rock -chip anomaly covering an area 400m east-west by 100 to 400m north-south in which approximately 30% of the rock chip samples assayed more than 1 gram per tonne (g/t) Au with the highest gold value at 6.46 g/t. Similarly, 30% of the soil samples assayed more than 0.5 g/t Au; the highest Au value in soils was 5.77 g/t (See News Release dated October 19, 2010). The high grade anomaly lies within a geochemically, geologically, and geophysically defined trend extending more than 3 km and measuring up to 1.5 km wide.
Qualified Person: Mr. Stephen R Maynard, M.S., C.P.G., has acted as the qualified person as defined in National Instrument 43-101 for this disclosure and supervised the preparation of the technical information in this release.
We seek Safe Harbor.
� 2011 Canjex Publishing Ltd.